He argued that audit committee seems more probable to select
Big 8 auditors than non-Big 8 auditors for the reason that the Big 8 auditors are disposed to
report any manipulation that they detect during their auditing work. Kent et al. (2008)
revealed that the big 4 auditors and the size of the audit committee are the first governance
mechanisms related with earnings management quality. While the independent audit
committee is a central characteristic for the effectiveness of the financial reporting process. In
the other hand, Chen et al. (2005) showed that an independent audit committee is more
possible to employ industry specialist auditors. Nevertheless, they discovered no significant
association between the audit committee expertise and the employment of industry specialist
auditors. Furthermore, Abbott and Parker (2000) showed that the independent audit