الأثر المعدل لجودة المراجعة المدركة على العلاقة بين القدرة الإدارية للمديرين التنفيذيين وأتعاب المراجعة السنوية للشركات غير المالية المقيدة بالبورصة المصرية

Abstract EN

The research aims to study and test the relationship between the CEO’s managerial ability and the annual audit fees.

with application to a sample of non-financial companies listed on the Egyptian stock exchange, amounted to (73) companies during the period from 2017 to 2019.

as well as the moderating effect of the perceived audit quality on that main relationship.

the researcher concluded that the CEO’s managerial ability is one of the main determinants of the success and survival of companies in the long term, as it represents the interaction result of a set of experiences, skills and characteristics available to managers, which enable them to use the available resources of the company efficiently and effectively, in order to maximize the value of the company, in addition to its effective role in reducing audit fees, by increasing the quality of financial reports and reducing the time and effort spent by the auditor in the audit process, which consequently leads to a decrease in annual audit fees.

the results of fundamental analysis showed that there is a significant negative effect of the CEO’s managerial ability on the annual audit fees.

therefore, the selection of companies for executive’s managers with high managerial abilities will lead to a reduction in the annual audit fees paid to the auditor and his facility.

the results also indicate that the size of the accounting and auditing firm as a measure of perceived audit quality has a significant positive effect on the annual audit fees.

in addition to the difference in the significant effect of the main relationship of the research according to the perceived audit quality as a moderating variable on this relationship.

finally; the results of the study indicated a significant effect of each of; company size, company profitability, the complexity of the company’s operations, the date of the financial year end of the company, each separately, as control variables, on the annual audit fees, and the non-significant effect of the company’s financial leverage on the annual audit fees.

the results of the additional analysis using an alternative measure for the independent variable (CEO’s managerial ability) also showed that there is a significant negative impact of the managerial ability on the annual audit fees.

this indicates the accuracy and integrity of the results reached in the stage of the fundamental analysis of the research.