Author(s)

Yi Fang

School of Management, Jinan University, Guangzhou, China.

This article studies the impact of corporate social responsibility on audit costs. Most of the previous studies are based on the social responsibility report level. This paper starts with the third party rating agency’s assessment of corporate social responsibility risk to carry out research on its impact on audit costs. It is found that corporate social responsibility risk will significantly increase the audit costs. At the same time, this paper finds that the audit of the company by the international big four accounting firms or the company’s social responsibility report may reduce the impact of social responsibility risk on audit costs.

Social Responsibility, Audit Opinion, Risk

Fang, Y. (2020) Corporate Social Responsibility Risk and Audit Opinion. American Journal of Industrial and Business Management, 10, 1-18. doi: 10.4236/ajibm.2020.101001.