COURSEWORK – Questions There has been significant amount of research done on the relationship between non-audit service fees received by auditors and auditors’ independence. Some found that the amou

COURSEWORK – QuestionsThere has been significant amount of research done on the relationship between non-audit service fees received by auditors and auditors’ independence. Some found that the amount of non-audit fees received by auditors influences audit quality, while others find that non-audit fees actually improve audit quality.Required:Critically discuss if non-audit service fees has an impact of auditor independence or audit quality. Suggest recommendations of how these issues may be overcome.Tip: Discussion should demonstrate you have done sufficient reading/ research in this area. Ensure you cite relevant literature such as journal articles to gain maximum marks. Keep your discussion clear and concise as words are limited. Minimum 5 references required.(2,500 words)You may use the following journals and any other relevant journals for your review:1. Non-audit service fees, auditor characteristics and earnings restatementsAuthors: Deborah Bloomfield and Joshua Shackman Touro University International, Cypress, California, USAJournal: Managerial Auditing Journal Vol. 23 No. 2, 2008 pp. 125-141 Emerald Group Publishing Limited2. Auditor fees and audit qualityAuthors: Rani Hoitash Department of Accountancy, Bentley College, Waltham, Massachusetts, USA, and Ariel Markelevich and Charles A. Barragato Long Island University, Brookville, New York, UJournal: Managerial Auditing Journal Vol. 22 No. 8, 2007 pp. 761-786 q Emerald Group Publishing Limited3. Non-audit fees, disclosure and audit qualityAuthors: Clive S. Lennox Bristol University, England,Journal: The European Accounting Review 1999, 8:2, 239–252, EBSCO4. Auditor Independence and Audit Quality: A Literature ReviewAuthors: Nopmanee Tepalagul1 and Ling Lin2Journal of Accounting, Auditing & Finance 2015, Vol. 30(1) 101–121 The Author(s) 2014 Reprints and permissions: sagepub.com/journalsPermissions.nav DOI: 10.1177/0148558X14544505 jaf.sagepub.com