Yara Abed-Alaziz Abu-Allan and Firas Naim Dahmash
This study aims to investigate the impact of client size, client risk, client profitability, client complexity, audit reporting lag, client loss, audit firm size, and industry…
Abstract
This study aims to investigate the impact of client size, client risk, client profitability, client complexity, audit reporting lag, client loss, audit firm size, and industry type on determining external auditor fees pre- and during the COVID-19 pandemic on the non-financial companies (53 industrial companies and 41 service companies) listed at the Amman Stock Exchange (ASE) for the period of 2017–2021. The initial number of observations started with 470 observations. The results of the regression analysis for the pooled sample revealed a significant positive impact for the factors of client size, client complexity, and audit firm size on external audit fees. The same results were found for the other two sub-samples. However, client loss and industry type indicated a significant negative impact on external audit fees, except for the pre-COVID-19 pandemic period for the loss and the COVID-19 pandemic period for the audit firm size. Moreover, client risk, audit report lag, and client profitability have an insignificant impact on external audit fees for all three samples. Furthermore, the study recommends the following: Allocate adequate resources for auditing and consider the influence of company size on audit fees, adjust audit budgets based on profitability and the potential complexity of financial statements, and analyze and communicate the level of complexity to auditors, especially for companies operating in multiple industries or with intricate structures.
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Keith L. Herndon and Ryan Kor-Sins
This innovative practice paper discusses how a journalism training practicum empowers and emboldens participants to think critically about their professional goals and allows them…
Abstract
This innovative practice paper discusses how a journalism training practicum empowers and emboldens participants to think critically about their professional goals and allows them to emerge not only with new technical skills but also as industry thought leaders. The news industry is facing a profound technological upheaval as the majority of news consumers turn to their smartphones for content. News organizations need workers with skills and competencies suited to this new environment, but they also need those infused with an entrepreneurial spirit willing to take on significant structural challenges within an industry that honors tradition. In this practicum, thought leadership is emphasized as a desired byproduct of a training model that relies heavily on coaching.