Determinants of audit fees for Swedish listed non-financial firms in NASDAQ OMX Stockholm

Abstract: Purpose: The purpose of this thesis is to define factors which influence audit fees. Methodology: I have used the deductive approach to find out the results. Theoretical perspectives: I have used factors found in previous studies to discuss about and build my own hypotheses. Empirical foundation: I have used data from 2010 annual reports of Swedish listed non-financial firms in NASDAQ OMX Stockholm. Spearman correlation and multiple linear regression are used to analyze audit fee structure. Conclusions: The study finds that auditee size and other fees have positive correlations with audit fees. In addition, audit committee presence has a negative relation with audit fees. Meanwhile, there is no precise answer that audit risk, auditee industry, auditor branch name have associations with audit fees or not. Other factors of auditee complexity, year-end date and audit tenure have no relation with audit fees.