The research on fair value and audit fees -Based on engineering management enterprise

摘要

In 2006,the new accounting standards introduced the fair value measurement model.The fair value was implemented in the listed company on January 1,2007.In 2014,fair value was redefined and classified disclosure requirements were improved.Subsequently,the scale of assets and liabilities measured by fair value in China keeps expanding,especially in manufacturing,construction,real estate,electric power and other engineering management enterprises.The internal control problems of engineering management companies lead to audit fee standards are not standardized,and the uncertainty of fair value will worsen this situation.The greater the uncertainty,leading to increase with the risk of audit accordingly,is finally reflected in the audit fees in the form of premium.The purpose of this paper is to study the relationship between fair value and audit fees taking evidences from engineering management enterprise from 2015 to 2018 year,such as construction industry ^ Water conservancy,environment and public facilities management industry and real estate industry,and to further explore the condition of audit fees,and providing reference for engineering management enterprise to control and manage audit fees.