BIG4 or Non-BIG4 Auditors: Their Impact on Audit Quality during the Global Financial Crisis ()
ABSTRACT
The objective of this paper
is to examine the relationship between auditor tenure and discretionary
accruals as a proxy of audit quality. The main finding is that this
relationship was found to be negative for BIG4 and non-BIG4 auditors in crisis and non-crisis periods,
for both German and French companies. In addition, Italian and Spanish
companies seem to interplay in crisis and non-crisis periods being either
negative or not for BIG4 and non-BIG4 auditors. The findings imply that the
larger the country, the better the audit quality and this seems to be
confirmed by graphs and statistically by the one-sample T-test.
Share and Cite:
Kyriakou, M. and Dimitras, A. (2018) BIG4 or Non-BIG4 Auditors: Their Impact on Audit Quality during the Global Financial Crisis.
Theoretical Economics Letters,
8, 909-917. doi:
10.4236/tel.2018.85064.