AUDIT FEE ECONOMETRICAL MODELS AN OVERVIEW OF THE AUDITING RESEARCH LITERATURE

Our research intends to present a literature review on studies regarding theaudit fee and its cost behavioral in relation to the audit process. The purpose of the paperis to enhance and synthesize the main results of auditing research literature impendingaudit fee approximation. Hence, our analysis requires a literature review methodology.We start by introducing the concept of audit fee; the first part of the paper follows the shifttaking place in the cost behavior of audit in a diachronic study methodology. The main partof the paper discusses empirical studies on audit fee by closely analyzing their researchdesign, the employed research methodology and the obtained results. The originality of thestudy, its contribution relies in a consisting and comprehensive overview on papers inauditing research literature that presents audit fee through an empirical approach. Whenin comes to the importance and reliability of such studies further impacts upon therelevance of their results and how they can be used.