Research Journal of Business Management1819-19322152-0437Academic Journals Inc.10.3923/rjbm.2014.440.452YoonSung Man ParkJin Ha 4201484This study investigates auditor-provided tax services from 2008-2011, during
which the Korean accounting system was changed. Since 2011, all listed Korean
companies have been required to use the International Financial Reporting Standards
(IFRS). Given that the difference between accounting standards and tax law is
greater under IFRS, the changing regulatory environment implies that tax services
under IFRS require more effort from the auditor. We examined the relationship
between the IFRS adoption and tax service fees and find that the fees of a firm
increase following IFRS adoption. The effect of IFRS-related consulting services
on tax service fees was examined as well. We find that the tax service fees
are lower when IFRS-related consulting services are performed by an auditor
who provides tax services. This finding implies that knowledge spills over from
IFRS-related consulting service to tax adjustment. Additional tests show that
the results differ among industries. Results suggest that IFRS adoption can
affect auditor-provided tax services.]]>Haverals, J.,2007166989Jung, Y.G.,201241293322Kim, K.H.,20082008Kim, M. and J. Lee,20089155185Kim, Y.S. and S.A. Kang,20102010KFSS,20082008Lee, K.J. and J.W. Hong,200910175204 (In Korean)Lee, K.J., M.S. Han and J.W. Hong,200821339364 (In Korean)Lee, Y.H.,20078189228 (In Korean)Lee, Y.H. and W.S. Choi,200926936 (In Korean)Lin, H.L. and A.R. Yen,20112011Marden, R.E. and K.S. Brackney,2009793236Newton, D.,20062006Oestreicher, A. and C. Spengel,200747437451Schadewitz, H.J. and M.J. Vieru,20092009Scholes, M., M. Wolfson, M. Erickson, E. Maydew and T. Shevlin,2002Shin, J.M.,20042004Shim, T.S.,20102010Simunic, D.A.,198422679702Yoon, S.M.,20112011