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International finance : the impact of the G-SIB designation on audit fees and financial reporting for banks
08/22/2024
A new *study investigates the impact of the G-SIB designation on audit fees and financial reporting quality (FRQ) among European banks. Indeed, closer supervision and/or anticipated capital surcharges for G-SIBs may alter auditors’ engagement risk and effort, for instance, through higher litigation risks.