This study examines the association between financial restatements and audit fees, and the effect of board of directors turnover on this relationship. Restatements are seen as a financial reporting failure, increasing risk for the auditor resulting in a higher audit fee. Regression analysis using the audit fee change model based on prior literature is applied on an . sample. We found no evidence that there is positive significant relationship found between restatements and audit fees. | The impact of board of directors’ turnover on the association between financial restatements and audit fees
