id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
faba-173	Dachevski, Darko; Ackers, Barry	The Guiding Reasons Why Public Interest Entities in Europe Elect a Particular Audit Firm and Auditors versus the Cost of the Audit	2024	22	.pdf	application/pdf	13194	662	48	However, Bell et al. (2008), and Houston et al. (1999) assert that audit risk is unrelated to business risk, because: - The business risk arises from the client’s business; - The audit risk is focused on the client’s financial statements; and 95% of the auditors and audit firms in Europe intend to determine the cost of the audit based on the assessed level of the audit risk and scope of audit procedures. Therefore, although increased oversight over audit firms may improve audit quality, auditors are facing constant pressure from their clients to reduce audit costs.	cache/faba-173.pdf	txt/faba-173.txt