최저한세 적용과 감사시간, 감사보수와의 관계

[Purpose]The purpose of this study is to examine how the auditor perceives the alternative minimum tax(hereinafter “AMT”). [Methodology]In order to check the effect of the company applying the AMT in the previous year on the audit time and audit fee, an empirical analysis was performed with the lowest effective tax rate set to the lowest 25% (when the effective tax rate is small) as the alternative minimum tax paid sample, and log values ​​of audit hours and audit fee were included as dependent variables. [Findings]In the previous year, companies applying the AMT had a positive (＋) relations on both audit hours and audit fees. This means that auditors are aware of the audit risk and put more effort into it (increasing audit time) and both the auditor and the audit client agree to a higher risk (higher audit fee) at the time of the audit contract. [Implications]It is meaningful in that it measured the auditor’s effort and the auditor’s risk for companies subject to the AMT. There is a contribution by expanding the subject of previous studies in which research on the internal decision－making of companies applying the AMT has been performed and discovering additional tax characteristics that affect audit hour and audit fee.