In spite of the extensive research about the impact of audit fees on audit quality, there is no research examining if the association between voluntary audits and audit pricing affects audit quality. Therefore, the aim of this paper is to empirically examine whether the effect of audit fees on...

In spite of the relatively scarce use of textual analysis and sentiment analysis techniques in finance and accounting, they have great potential in accounting, both because of the volume of documents used for the communication of information and due to the growth in the use of digital tools and...

Previous literature shows mixed evidence on the effect of discretionary accruals and auditing on the cost of debt. We hypothesize that, in the SMEs setting, auditing can act as a substitute for accruals quality, and thus audits may mitigate the effect of discretionary accruals on the cost of...

Despite the extensive research on audit fees, few studies have examined the effect of audit fees on the cost of debt. Based on the credence goods theory, we examine whether the effect of audits on the cost of debt is affected by the type of audit (voluntary or mandatory) and the audit fees, as...

The aim of this paper is to examine the impact of the 2008 accounting reform on the economic and financial indicators which are commonly used in the financial analysis, as well as analyse whether there is an evolution on these measures as a consequence of a learning process or an adaptation to...

Purpose: Despite the extensive research on the determinants of audit pricing in both public and private settings, there is a lack of research about the differences in audit fees between voluntary audits and mandatory audits. This study addresses this gap. Design/methodology/approach: Firstly, a...

The aim of this study is to test the level of convergence between the IFRS for SMEs and the Spanish GAAP. To do this, we develop a Convergence Index with the full IFRS, which we apply the local GAAP and the IFRS for SMEs. Results show that the Convergence Index is considerably greater for the...

Evidence about the relation between earnings management and voluntary audits is scarce, and there is no research about the effectiveness of mandatory audits to improve earnings quality. Using a sample of Spanish SMEs, where some companies are mandatorily audited and some are exempt from audit,...