The changing role of auditors in corporate tax planning:
"This paper examines changes in the role that auditors play in corporate tax planning following recentevents, including the well-known accounting scandals, passage of the Sarbanes-Oxley Act, andregulatory actions by the SEC and PCAOB. On the whole, these events have increased thesensitivity to...
Gespeichert in:
| Hauptverfasser: | , |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
Cambridge, Mass.
National Bureau of Economic Research
2005
|
| Schriftenreihe: | National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series
11504 |
| Schlagworte: | |
| Online-Zugang: | kostenfrei |
| Zusammenfassung: | "This paper examines changes in the role that auditors play in corporate tax planning following recentevents, including the well-known accounting scandals, passage of the Sarbanes-Oxley Act, andregulatory actions by the SEC and PCAOB. On the whole, these events have increased thesensitivity to and scrutiny of auditor independence. We examine the effects of these events on themarket for tax planning, in particular the longstanding link between audit and tax services. Whilethe effects are recent, they are already being seen in the data. Specifically, there has already beena dramatic shift in the market for tax planning away from obtaining tax planning services from one'sauditor. We estimate that the ratio of tax fees to audit fees paid to the auditors of firms in the S&P500 decline from approximately one in 2001 to one-fourth in 2004. At the same time, we find noevidence of a general decline in spending for tax services. In sum, the evidence indicates adecoupling of the longstanding link between audit and tax services, such that firms are shifting theirpurchase of tax services away from their auditor and towards other providers"--National Bureau of Economic Research web site. |
| Beschreibung: | 39 S. |
Internformat
MARC
| LEADER | 00000nam a2200000zcb4500 | ||
|---|---|---|---|
| 001 | BV023591598 | ||
| 003 | DE-604 | ||
| 005 | 20100315 | ||
| 007 | t | ||
| 008 | 051020s2005 xxu |||| 00||| eng d | ||
| 035 | |a (OCoLC)61249696 | ||
| 035 | |a (DE-599)BVBBV023591598 | ||
| 040 | |a DE-604 |b ger | ||
| 041 | 0 | |a eng | |
| 044 | |a xxu |c XD-US | ||
| 049 | |a DE-521 |a DE-19 | ||
| 050 | 0 | |a HB1 | |
| 100 | 1 | |a Maydew, Edward L. |e Verfasser |0 (DE-588)129799556 |4 aut | |
| 245 | 1 | 0 | |a The changing role of auditors in corporate tax planning |c Edward L. Maydew ; Douglas A. Shackelford |
| 264 | 1 | |a Cambridge, Mass. |b National Bureau of Economic Research |c 2005 | |
| 300 | |a 39 S. | ||
| 336 | |b txt |2 rdacontent | ||
| 337 | |b n |2 rdamedia | ||
| 338 | |b nc |2 rdacarrier | ||
| 490 | 1 | |a National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series |v 11504 | |
| 520 | 3 | |a "This paper examines changes in the role that auditors play in corporate tax planning following recentevents, including the well-known accounting scandals, passage of the Sarbanes-Oxley Act, andregulatory actions by the SEC and PCAOB. On the whole, these events have increased thesensitivity to and scrutiny of auditor independence. We examine the effects of these events on themarket for tax planning, in particular the longstanding link between audit and tax services. Whilethe effects are recent, they are already being seen in the data. Specifically, there has already beena dramatic shift in the market for tax planning away from obtaining tax planning services from one'sauditor. We estimate that the ratio of tax fees to audit fees paid to the auditors of firms in the S&P500 decline from approximately one in 2001 to one-fourth in 2004. At the same time, we find noevidence of a general decline in spending for tax services. In sum, the evidence indicates adecoupling of the longstanding link between audit and tax services, such that firms are shifting theirpurchase of tax services away from their auditor and towards other providers"--National Bureau of Economic Research web site. | |
| 650 | 4 | |a Recht | |
| 650 | 4 | |a Corporations |x Accounting |x Law and legislation |z United States | |
| 650 | 4 | |a Corporations |z United States |x Auditing | |
| 650 | 4 | |a Tax planning |z United States | |
| 651 | 4 | |a USA | |
| 700 | 1 | |a Shackelford, Douglas A. |e Verfasser |0 (DE-588)12453063X |4 aut | |
| 776 | 0 | 8 | |i Erscheint auch als |n Online-Ausgabe |
| 830 | 0 | |a National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series |v 11504 |w (DE-604)BV002801238 |9 11504 | |
| 856 | 4 | 1 | |u http://papers.nber.org/papers/w11504.pdf |z kostenfrei |3 Volltext |
| 999 | |a oai:aleph.bib-bvb.de:BVB01-016906928 | ||
Datensatz im Suchindex
| _version_ | 1804138249142140928 |
|---|---|
| adam_txt | |
| any_adam_object | |
| any_adam_object_boolean | |
| author | Maydew, Edward L. Shackelford, Douglas A. |
| author_GND | (DE-588)129799556 (DE-588)12453063X |
| author_facet | Maydew, Edward L. Shackelford, Douglas A. |
| author_role | aut aut |
| author_sort | Maydew, Edward L. |
| author_variant | e l m el elm d a s da das |
| building | Verbundindex |
| bvnumber | BV023591598 |
| callnumber-first | H - Social Science |
| callnumber-label | HB1 |
| callnumber-raw | HB1 |
| callnumber-search | HB1 |
| callnumber-sort | HB 11 |
| callnumber-subject | HB - Economic Theory and Demography |
| ctrlnum | (OCoLC)61249696 (DE-599)BVBBV023591598 |
| format | Book |
| fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>02663nam a2200397zcb4500</leader><controlfield tag="001">BV023591598</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="005">20100315 </controlfield><controlfield tag="007">t</controlfield><controlfield tag="008">051020s2005 xxu |||| 00||| eng d</controlfield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)61249696</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)BVBBV023591598</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="044" ind1=" " ind2=" "><subfield code="a">xxu</subfield><subfield code="c">XD-US</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-521</subfield><subfield code="a">DE-19</subfield></datafield><datafield tag="050" ind1=" " ind2="0"><subfield code="a">HB1</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Maydew, Edward L.</subfield><subfield code="e">Verfasser</subfield><subfield code="0">(DE-588)129799556</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">The changing role of auditors in corporate tax planning</subfield><subfield code="c">Edward L. Maydew ; Douglas A. Shackelford</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Cambridge, Mass.</subfield><subfield code="b">National Bureau of Economic Research</subfield><subfield code="c">2005</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">39 S.</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">n</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">nc</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="490" ind1="1" ind2=" "><subfield code="a">National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series</subfield><subfield code="v">11504</subfield></datafield><datafield tag="520" ind1="3" ind2=" "><subfield code="a">"This paper examines changes in the role that auditors play in corporate tax planning following recentevents, including the well-known accounting scandals, passage of the Sarbanes-Oxley Act, andregulatory actions by the SEC and PCAOB. On the whole, these events have increased thesensitivity to and scrutiny of auditor independence. We examine the effects of these events on themarket for tax planning, in particular the longstanding link between audit and tax services. Whilethe effects are recent, they are already being seen in the data. Specifically, there has already beena dramatic shift in the market for tax planning away from obtaining tax planning services from one'sauditor. We estimate that the ratio of tax fees to audit fees paid to the auditors of firms in the S&P500 decline from approximately one in 2001 to one-fourth in 2004. At the same time, we find noevidence of a general decline in spending for tax services. In sum, the evidence indicates adecoupling of the longstanding link between audit and tax services, such that firms are shifting theirpurchase of tax services away from their auditor and towards other providers"--National Bureau of Economic Research web site.</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Recht</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Corporations</subfield><subfield code="x">Accounting</subfield><subfield code="x">Law and legislation</subfield><subfield code="z">United States</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Corporations</subfield><subfield code="z">United States</subfield><subfield code="x">Auditing</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Tax planning</subfield><subfield code="z">United States</subfield></datafield><datafield tag="651" ind1=" " ind2="4"><subfield code="a">USA</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Shackelford, Douglas A.</subfield><subfield code="e">Verfasser</subfield><subfield code="0">(DE-588)12453063X</subfield><subfield code="4">aut</subfield></datafield><datafield tag="776" ind1="0" ind2="8"><subfield code="i">Erscheint auch als</subfield><subfield code="n">Online-Ausgabe</subfield></datafield><datafield tag="830" ind1=" " ind2="0"><subfield code="a">National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series</subfield><subfield code="v">11504</subfield><subfield code="w">(DE-604)BV002801238</subfield><subfield code="9">11504</subfield></datafield><datafield tag="856" ind1="4" ind2="1"><subfield code="u">http://papers.nber.org/papers/w11504.pdf</subfield><subfield code="z">kostenfrei</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="999" ind1=" " ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-016906928</subfield></datafield></record></collection> |
| geographic | USA |
| geographic_facet | USA |
| id | DE-604.BV023591598 |
| illustrated | Not Illustrated |
| index_date | 2024-07-02T22:41:28Z |
| indexdate | 2024-07-09T21:25:11Z |
| institution | BVB |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-016906928 |
| oclc_num | 61249696 |
| open_access_boolean | 1 |
| owner | DE-521 DE-19 DE-BY-UBM |
| owner_facet | DE-521 DE-19 DE-BY-UBM |
| physical | 39 S. |
| publishDate | 2005 |
| publishDateSearch | 2005 |
| publishDateSort | 2005 |
| publisher | National Bureau of Economic Research |
| record_format | marc |
| series | National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series |
| series2 | National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series |
| spelling | Maydew, Edward L. Verfasser (DE-588)129799556 aut The changing role of auditors in corporate tax planning Edward L. Maydew ; Douglas A. Shackelford Cambridge, Mass. National Bureau of Economic Research 2005 39 S. txt rdacontent n rdamedia nc rdacarrier National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series 11504 "This paper examines changes in the role that auditors play in corporate tax planning following recentevents, including the well-known accounting scandals, passage of the Sarbanes-Oxley Act, andregulatory actions by the SEC and PCAOB. On the whole, these events have increased thesensitivity to and scrutiny of auditor independence. We examine the effects of these events on themarket for tax planning, in particular the longstanding link between audit and tax services. Whilethe effects are recent, they are already being seen in the data. Specifically, there has already beena dramatic shift in the market for tax planning away from obtaining tax planning services from one'sauditor. We estimate that the ratio of tax fees to audit fees paid to the auditors of firms in the S&P500 decline from approximately one in 2001 to one-fourth in 2004. At the same time, we find noevidence of a general decline in spending for tax services. In sum, the evidence indicates adecoupling of the longstanding link between audit and tax services, such that firms are shifting theirpurchase of tax services away from their auditor and towards other providers"--National Bureau of Economic Research web site. Recht Corporations Accounting Law and legislation United States Corporations United States Auditing Tax planning United States USA Shackelford, Douglas A. Verfasser (DE-588)12453063X aut Erscheint auch als Online-Ausgabe National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series 11504 (DE-604)BV002801238 11504 http://papers.nber.org/papers/w11504.pdf kostenfrei Volltext |
| spellingShingle | Maydew, Edward L. Shackelford, Douglas A. The changing role of auditors in corporate tax planning National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series Recht Corporations Accounting Law and legislation United States Corporations United States Auditing Tax planning United States |
| title | The changing role of auditors in corporate tax planning |
| title_auth | The changing role of auditors in corporate tax planning |
| title_exact_search | The changing role of auditors in corporate tax planning |
| title_exact_search_txtP | The changing role of auditors in corporate tax planning |
| title_full | The changing role of auditors in corporate tax planning Edward L. Maydew ; Douglas A. Shackelford |
| title_fullStr | The changing role of auditors in corporate tax planning Edward L. Maydew ; Douglas A. Shackelford |
| title_full_unstemmed | The changing role of auditors in corporate tax planning Edward L. Maydew ; Douglas A. Shackelford |
| title_short | The changing role of auditors in corporate tax planning |
| title_sort | the changing role of auditors in corporate tax planning |
| topic | Recht Corporations Accounting Law and legislation United States Corporations United States Auditing Tax planning United States |
| topic_facet | Recht Corporations Accounting Law and legislation United States Corporations United States Auditing Tax planning United States USA |
| url | http://papers.nber.org/papers/w11504.pdf |
| volume_link | (DE-604)BV002801238 |
| work_keys_str_mv | AT maydewedwardl thechangingroleofauditorsincorporatetaxplanning AT shackelforddouglasa thechangingroleofauditorsincorporatetaxplanning |