... function G32 G34 M4 M40 M42 The internal audit function (IAF) plays a vital and evolving monitoring role in a firm’s corporate governance structure (e.g. Trotman and Trotman, 2015). Gramling et al. (2004) suggested that the role of the IAF is particularly crucial because...

... that auditors respond to higher levels of control risk by increasing audit fees. M42 G32 In contrast, when client business risk is low and/or client financial reporting quality is high, auditors can reduce audit effort and thus audit fees. Ghosh and Tang (2015) examine audit fees and audit risk...

... Regulatory review risk CEO ability Heuristic cues theory G32 M42 M48 In addition, while the study finds no evidence that the regulatory reviewers’ workload compression influences the general relationship between CEO ability and regulatory review risk, it documents that low (high) regulatory...