Audit Fee Theory and Estimation : A Consideration of the Logarithmic Audit Fee Model

@inproceedings{PICCONI2013AuditFT,
  title={Audit Fee Theory and Estimation : A Consideration of the Logarithmic Audit Fee Model},
  author={MARC PICCONI},
  year={2013}
}
  • MARC PICCONI
  • Published 2013
Regressing the natural logarithm of fees on a set of predictor variables, including the natural logarithm of assets, has become the de facto standard functional form for estimating audit fees. We demonstrate that this represents a multiplicative model of fees in which all the predictor variables interact and where predicted coefficients represent… CONTINUE READING