skip to main content
Language:
Search Limited to: Search Limited to: Resource type Show Results with: Show Results with: Search type Index

The effect of application of standard audit hour on audit quality under external audit law – Evidence from Korea

Cogent business & management, 2022-12, Vol.9 (1), p.1-20 [Peer Reviewed Journal]

2022 The Author(s). This open access article is distributed under a Creative Commons Attribution (CC-BY) 4.0 license. 2022 ;2022 The Author(s). This open access article is distributed under a Creative Commons Attribution (CC-BY) 4.0 license. This work is licensed under the Creative Commons Attribution License http://creativecommons.org/licenses/by/4.0/ (the “License”). Notwithstanding the ProQuest Terms and Conditions, you may use this content in accordance with the terms of the License. ;ISSN: 2331-1975 ;EISSN: 2331-1975 ;DOI: 10.1080/23311975.2022.2116800

Full text available

Citations Cited by
  • Title:
    The effect of application of standard audit hour on audit quality under external audit law – Evidence from Korea
  • Author: Kim, Kyong-Yong ; Jeong, Kyunbeom
  • Subjects: Accounting ; Audit hour ; Audit hour by senior auditors ; Audit quality ; Auditors ; Financial statements ; Hypotheses ; quarterly review hour (ratio) ; standard audit hour
  • Is Part Of: Cogent business & management, 2022-12, Vol.9 (1), p.1-20
  • Description: This paper investigates the effect of the application of standard audit hour on audit quality under the external audit law in Korea. As a result of empirical analysis, first, it is confirmed that the absolute value of the discretionary accrual decreased due to the application of the standard audit hour under the external audit law, so the audit quality improved. Second, the degree to which audit quality improves due to the application of standard audit hour is greater when the rate of increase in audit hour is high. Third, the degree to which audit quality improves according to the rate of increase in audit hour due to the application of standard audit hour is greater when the proportion of quarterly or semi-annual review time is high. Fourth, the degree to which audit quality improves according to the rate of increase in audit hour due to the application of standard audit hour does not appear larger when the proportion of audit hour of senior auditors is high. This study is the first to comprehensively verify the effect of the standard audit hour under the external audit law in Korea, and the results of this study are useful for related institutions to operate the standard audit hour and are expected to have implications in the future.
  • Publisher: Abingdon: Taylor & Francis
  • Language: English
  • Identifier: ISSN: 2331-1975
    EISSN: 2331-1975
    DOI: 10.1080/23311975.2022.2116800
  • Source: Taylor & Francis Open Access
    ROAD: Directory of Open Access Scholarly Resources
    ProQuest Central
    DOAJ Directory of Open Access Journals
Back to results list
INSPIRE LIBRARY - TON DUC THANG UNIVERSITY (84-028) 37 755 057 Feedback
19 Nguyen Huu Tho St. Dist.7, HCM thuvien@tdtu.edu.vn

Copyright © 2017 INSPIRE LIBRARY - TON DUC THANG UNIVERSITY

Searching Remote Databases, Please Wait