신 외부감사법 도입 이후 표준감사시간에 대한 연구동향과 미래 연구 방향

Abstract

[Purpose] The purpose of this study is to derive policy implications and future research topics by analyzing related studies on the introduction of the standard audit time system. [Methodology] We attempted to analyze and present academic research results following the introduction of standard audit hours so that the government can use them as a reference in future accounting reform－related policy decisions, and to present additional research topics through the direction of recent media. To this end, we selected 13 studies targeting samples after the introduction of standard audit hours, organized the research period, research topics, and measurement methods, and evaluated whether they were meeting the demands of the working world. [Findings] It was confirmed that most studies were conducted focusing on the impact on audit quality using empirical analysis methods. As audit fees have risen, companies’ accounting reporting costs have increased, and it has also been observed that companies are feeling the burden of increased fees. On the other hand, the results of empirical analysis generally consistently report an increase in audit quality. However, little research has been done on the analysis of the size of the costs compared to the benefits of introducing the system, or the individual impacts by industry and company. [Implications] The results of the empirical analysis generally report that audit quality has increased, indicating that future studies need to select detailed research topics beyond general audit quality and derive research results. In addition, as suggested in the research results, there is a need to measure the size of benefits compared to costs and consider policies that increase work efficiency while lowering the burden on companies.