Paper Title
Disclosure And Audit

Abstract
This paper tests whether and to what extent qualitative disclosure featuresare associated with audit fees. Using 47,582 observations for the years 2000 to 2014, we find that narrative disclosure traitsare associated with audit fees. We infer from these findings that these narrative disclosure characteristics play important roles in auditors’ client risk estimations and, therefore,the audit fee determination process. Keywords: Qualitative Disclosure, Firm Life Cycle, Audit Fees