감사인이 제공하는 세무 신고 및 세무 컨설팅이 경영자의 기회주의적 행동에 미치는 효과
The Effects of Auditor-Provided Tax Filing and Tax Consulting Services on the Opportunistic Behaviors of Managers in Emerging Market
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초록
감사인이 제공하는 감사 용역과 비감사 용역은 고객에 대한 태도에 있어서 차이가 존재한다. 구체적으로, 감사 용역은 감사인에게 독립성이 요구되는 반면에 비감사 용역은 대부분 고객의 입장에서 고객을 옹호하는 태도가 필요하다. 본 연구의 목적은 감사인이 세무 신고 및 세무 컨설팅 서비스를 제공한 경우에 경영자의 실제이익조정(REM)행위에 어떠한 영향을 미치는지를 분석하는 것이다. 본 연구에서 사용한 방법론은 상관관계 및 회귀분석을 기반으로 하며, 표본은 국내 증권시장에 상장된 기업중에서 KIS-Value 및 TS-2000 데이터를 가진 기업으로 선정되었다. 분석결과는 감사용역을 수행중인 감사인이 제공하는 세무 신고 및 세무 컨설팅 서비스가 관리자의 기회주의적 행동과 같은 실제 이익조정에 제한적인 역할을 하고 있음을 보여준다. 즉, 비감사 용역중에서 세무 서비스는 감사와 세무 분야 간의 지식 유출 효과(spill-over-effect)로 인해 감사인의 독립성을 훼손하지 않으면서 감사 품질을 개선할 수 있다는 증거를 제시하고 있다. 이러한 연구결과는 감사용역을 제공하는 감사인의 비감사 용역 제공 행위에 대한 제도적 장치를 확립할 때 비감사 용역의 종류에 따라 규제의 정도를 변경해야 한다는 정책적 함의를 제공한다.
Abstract
The audit service and non-audit service provided by auditor differ greatly in the attitude toward the client. In other words, audit service requires independence to have an attitude, but non-audit service should have an advocacy attitude. The purpose of this study is to investigate whether auditor provided tax filing and tax consulting services affect the real earnings management of managers in Korea. The methodologies implemented in this study are based on a correlation and regression analysis and the sample is selected as companies with publicly announced Korean KIS-Value and TS-2000 data of companies listed on the security market in Korea. This study shows that the tax related return and consulting services of current auditor play a restricting role in real earnings management such as opportunistic behaviors of the manager. Thus, tax services of non-audit services do not impair the auditors’ independence and improve their audit quality by using the knowledge spill-over between the audit and tax field. This provides a policy implication that the degree of regulation should be changed according to the types of non-audit services when establishing the institutional devices for the acts of providing non-audit services by current auditors.
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