The Determinants of External Audit Fees in Zimbabwe Listed Companies.

Author(s)

Ncube Titshabona ,

Download Full PDF Pages: 86-91 | Views: 372 | Downloads: 96 | DOI: 10.5281/zenodo.3457743

Volume 3 - October 2014 (10)

Abstract

this explanatory study seeks to determine the factors which influence the external audit fees charged by audit firms that audit listed companies in Zimbabwe. The study considers variables that represent audit client size, complexity and riskiness. The study also includes qualitative factors which include audit firm size and type of audit opinion. A sample of 41 companies listed on the Zimbabwe Stock Exchange is selected and regression analysis is performed on the dependent and independent variables. The results of the study indicates that total assets and revenue significantly affect the external audit fee at the 5% level and that the number of employees, audit firm size and audit opinion are not significant determinants of audit fees in Zimbabwe listed companies. This study adds to the body of literature on audit fee determinants from a developing country and an economy emerging from a long period of economic decline. 

Keywords

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