Question: Title: Predicting Audit Fees: A Multivariate Analysis Objective: The objective of this assignment is to utilize various analysis techniques to predict audit fees based on
Title: Predicting Audit Fees: A Multivariate Analysis Objective: The objective of this assignment is to utilize various analysis techniques to predict audit fees based on various financial and non-financial factors such as market capitalization, industry, auditor, balance sheet assets, beta, and sales. Dataset: Use a dataset containing information on audit fees, market capitalization, industry classification, auditor details, balance sheet assets, beta values, and sales for a sample of companies. See details of variables in the appendix. Starting Point: Using Zhang and Myrteza (1995) as a starting point, conduct an abridged literature review to familiarise yourself with the research objective
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