摘要： Our study investigates the association between capitalized R&D costs and audit fees and whether this association reflects the effect of earnings management. By exploring Chinese listed firms, we find that capitalized R&D costs are positively associated with audit fees, where such positive association holds for both the discretionary and nondiscretionary portions of capitalized R&D costs. Moreover, the positive association between the discretionary portion of capitalized R&D costs and audit fees is more pronounced for firms with stronger incentives to manipulate earnings. Overall, our findings imply that firms' reporting incentives affect how auditors react to clients' accounting choices. This in turn suggests that auditors believe some firms capitalize R&D to manipulate earnings, and the resulting earnings-management concerns lead them to charge higher fees. 出版者： Elsevier Ltd 出版日期： 2016-12-01 出處： Advances in accounting, 2016-12, Vol.35, p.39-48 版權： 2016 Elsevier Ltd 識別號： ISSN: 0882-6110 識別號： EISSN: 2590-1699 識別號： DOI: 10.1016/j.adiac.2016.05.003
