The Relationship between Intellectual Capital and Audit Fees A Survey Study

Abstract

This study aims to investigate whether intellectual capital represented by its three dimensions (human capital, structural capital and relationship capital) is related to audit fees in external audit offices and companies. The study relied on the use of the descriptive analytical approach, as the study community consists of employees in external audit companies and offices. The number of study sample members reached 39 individuals, who answered the questionnaire questions. The hypothesis was tested using multiple regression, and the results showed that intellectual capital is positively and significantly related to audit fees. Therefore, the level of effective investment in intellectual capital and its dimensions can be considered a major factor that offices and companies are expected to take into account. The results of this study provide valuable implications for users of financial statements, analysts and policy makers with information related to intellectual capital, its dimensions and audit fees.