Empirical Research on Determination of the Audit Fees

Author:Associate Prof. Irimie Emil POPA, Ph. D.; Assist. Prof. Alina Beattrice VLADU CUZDRIOREAN, Ph. D.; Georgeta Ancuța ȘPAN, Ph. D.; Master Student Andrieș SIMON

JEL:M 42

DOI:

Keywords:audit fees, materiality, independence, audit procedures, audit evidence

Abstract:
In a period characterized by extensive economic imbalances the transparency of audit services cost is one of the main objectives of the audit profession which has major significance for the audit customers. This study includes many discussions related to the legal regulations on audit fees, as well as studies demonstrating the importance of the issue in conducting an audit mission. The empirical research developed in the North-West region of Romania highlights the factors that may influence the level of the audit fees charged by the auditors and the need for a generally accepted method which could be applied by the accounting professionals.\r\n\r\n\r\n\r\n\r\n\r\n

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