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dc.contributor.authorYe, Chunlaien_US
dc.date.accessioned2015-08-05T04:28:35Z
dc.date.available2015-08-05T04:28:35Z
dc.date.issued2012
dc.date.submitted2012
dc.identifier.other(ALMA)contemp
dc.identifier.urihttps://hdl.handle.net/2144/12688
dc.descriptionThesis (D.B.A.)--Boston University PLEASE NOTE: Boston University Libraries did not receive an Authorization To Manage form for this thesis or dissertation. It is therefore not openly accessible, though it may be available by request. If you are the author or principal advisor of this work and would like to request open access for it, please contact us at open-help@bu.edu. Thank you.en_US
dc.description.abstractThis study examines two types of consequences of FIN 48, the effect of FIN 48 on firm value and the effect of FIN 48 on audit fees, and shows that these consequences depend upon the size of the firm. Firm size and the role of the auditor are generally ignored in previous FIN 48-related studies. Because of different tax audit risks faced by firms of different sizes, I expect and find that FIN 48 affects firms or different sizes differently. After the adoption of FIN 48, the value relevance of tax reserves decreases for large firms but does not significantly change for medium and small firms. I also find that firms pay additional audit fees following FIN 48 and that the increase depends upon the size of the firm and the extent of tax services provided by the auditor. In addition, auditor-provided tax services mitigate the extra audit fees that firms with more tax reserves need to pay in the post-FIN 48 period. This study also investigates the effect of auditor-provided tax services on earnings management through tax reserves. I find that the auditor who provides more tax services facilitates large firms' earnings smoothing in the post-FIN 48 period, providing clear evidence of impairment of auditor independence due to tax services. This behavior does not exist within medium and small firms, arguably because the auditor does not compromise independence for less important clients.en_US
dc.language.isoen_US
dc.publisherBoston Universityen_US
dc.titleTax reserves, auditor-provided tax services and FIN 48en_US
dc.typeThesis/Dissertationen_US
etd.degree.nameDoctor of Business Administrationen_US
etd.degree.leveldoctoralen_US
etd.degree.disciplineAccountingen_US
etd.degree.grantorBoston Universityen_US


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