Análise da Relação entre a Estrutura de Mercado das Firmas de Auditoria e os Honorários de Auditoria Cobrados de Empresas Brasileiras

Cristian Schnidger; Cristiano Machado Costa; Vanusa Batista Pereira

doi:10.51341/1984-3925_2020v23n2a6

Authors

Cristian Schnidger Universidade do Vale do Rio dos Sinos
Cristiano Machado Costa Universidade do Vale do Rio dos Sinos http://orcid.org/0000-0001-9130-2562
Vanusa Batista Pereira Universidade do Vale do Rio dos Sinos

DOI:

https://doi.org/10.51341/1984-3925_2020v23n2a6

Keywords:

Audit fees, Market Structure, Market Leadership

Abstract

Objective: The aim of this study is to analyze the influence of market structure on audit fees, based on industrial economics theories.
Method: We use a Ordinary Least Squares (OLS) model in which audit fees is a dependent variable and concentration measures, market share and leadership, and a proxy for audit quality are the main independent variables. The population was composed by the companies listed on Brazil Stock Exchange – B3, from 2010 to 2015, resulting in a sample with 1,663 observations in the period.
Originality/Relevance: This research explores different metrics of market structure and control variables for a sample and period not previously analyzed in the Brazilian literature. The article addresses a relevanttopic for competition regulatory agencies, clients of audit firms and external users of financial statements.
Results: The results confirmed the hypothesis that there is a positive relationship between market concentration and the audit fees, even when considering only the group of big firms. Evidence shows the existance of value to the brand and possible search for quality in auditing by publicly traded companies. We also found a positive relationship between audit fees and earnings management, contrary to the predicted hypothesis.
Theoretical/Methodological contributions: The results showed that firms with higher market share charged higher audit fees to their clients. Among the big firms, the leader has significantly higher audit fees than the other firms. In addition, the positive relationship between audit fees and earnings management may mean that the audit firms charge higher amounts for those clients who practice management more intensively.

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Author Biographies

Cristian Schnidger, Universidade do Vale do Rio dos Sinos

Mestre em Ciências Contábeis - Controladoria e Finanças pela Unisinos. Possui 10 anos de experiência em contabilidade, sendo seis deles em empresas de auditoria Big Four e Mid Tier. Possui experiência em Demonstrações Contábeis em IFRS, normas internacionais de auditoria e controles internos. Interessa-se pelas linhas de pesquisa voltadas à auditoria externa, tanto no seu relacionamento com o mercado, quanto às práticas da profissão, bem como governança corporativa, fraudes e assuntos emergentes na profissão contábil.

Cristiano Machado Costa, Universidade do Vale do Rio dos Sinos

O Professor Cristiano Machado Costa possui graduação em Ciências Econômicas pela Universidade Federal do Rio Grande do Sul (2002), mestrado em Economia pela Fundação Getulio Vargas - RJ (2004) e doutorado em Economia pela University of Pennsylvania (2010). Vinculou-se à Unisinos em 2014, onde atualmente é Professor Adjunto, dedicando-se a projetos de pesquisa e ao ensino em nível de Graduação e Pós Graduação, em cursos da Escola de Gestão e Negócios da Unisinos, nas áreas de Ciências Contábeis e Finanças.

Vanusa Batista Pereira, Universidade do Vale do Rio dos Sinos

Doutoranda em Ciências Contábeis pela Universidade do Vale do Rio dos Sinos/UNISINOS/RS (2017-2021). Mestre em Administração pela Faculdade de Estudos Administrativos de Minas Gerais/FEAD/MG (2013). Especialista em Saúde e Segurança do Trabalhador pela Faculdade Afirmativo/IEBJC (2009); Administração Hospitalar e Sistemas de Saúde, pelo Instituto Cuiabano de Educação/ICE (2004); e Custos e Gestão Empresarial, pela Universidade do Estado de Mato Grosso/UNEMAT (2002). Graduada em Direito pela UNEMAT (2004) e Ciências Contábeis pela Universidade Federal de Mato Grosso/UFMT (1999). Atualmente é Professora Assistente da UNEMAT, lotada no Departamento de Ciências Contábeis, Campus de Cáceres/MT, na área de Contabilidade Privada, e Profissional Técnico de Nível Superior dos Serviços de Saúde do SUS, perfil Contadora, na Secretaria de Estado de Saúde/SES/MT, lotada no Hospital Regional de Cáceres Dr. Antonio Fontes.

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