감사인의 조세컨설팅 보수가 기업의 회계투명성에 미치는 영향

초록

This study examines the relationship between non-audit fees and accounting transparency. In particular, we investigates the effect of auditor-provided tax consulting fees on accounting quality, proxied by modified Jones model-based discretionary accruals and performance matched discretionary accruals. The empirical results for the period of 2008-2013 are as follows. First, we find that auditor-provided tax consulting fees are significantly and positively associated with performance matched discretionary accruals, implying that firms with higher auditor-provided tax consulting fees are more likely to engage in earnings management. Second, we find that firms belongs to high tax fee group are positively associated with both modified Jones model-based discretionary accruals and performance matched discretionary accruals while firms belongs to low tax fee group are positively associated with modified Jones model-based discretionary accruals only. Overall, the results suggest that auditor-provided tax consulting impairs auditor independence, resulting in the deterioration of accounting transparency.

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