The empirical evidence in this paper is useful for state boards of accountancy that are considering adopting, revising, or rescinding the 150-hour requirements. The findings focus on a concrete economic implication, namely higher audit fees.
For more information on this study, please contact Arthur Allen.
Allen, Arthur, and Angela Woodland. 2010. Education Requirements, Audit Fees, and Audit Quality. Auditing: A Journal of Practice &Theory 29 (2): 1-25.