期刊名称：Academy of Accounting and Financial Studies Journal
印刷版ISSN：1096-3685
出版年度：2022
卷号：26
期号：1
页码：1-12
语种：English
出版社：The DreamCatchers Group, LLC
摘要：Postulating that the fundamental variable as a comprehensive accounting quality index provides auditors with the information on audit risk, we examine whether the auditors use the information in fundamental variable (AFS) in assessing audit risk. The empirical results show that audit fees and hours as proxies for audit effort decrease in AFS which reflects audit risk, indicating the increased AFS level leads auditors to spend less time in auditing. This suggests that auditors take account AFS information into assessing audit risk, which gives insight into financial statement analysis in assessing audit risk..
