Explaining the relationship between audit quality and operational efficiency of the company by considering the criteria of the auditor's expertise in the industry and the audit fee

The present study explains the relationship between audit quality and operational efficiency of the company by considering the criteria of auditor's expertise in the industry and audit fees for 108 companies active in the stock exchange during the period of 2011 to 2020 and using the static panel model. According to the estimation results of the model; Subsections of audit quality features include; The auditor's expertise in the industry and the audit fee are significant on the operational efficiency of listed companies, in other words, if the auditor's expertise increases by one unit, the operational efficiency of the companies increases by 35 units, and if the audit fee increases by one unit as an indicator of audit quality, the operational efficiency of companies increases by 2 units. According to the results of this research, it can be predicted that larger audit institutions (such as audit organizations) increase the reliability of accruals of commercial units compared to other institutions. Therefore, it can be recommended to the general assemblies of companies that it is recommended to use larger audit institutions for the audit of their own company, to pay more attention to companies that have a larger size in choosing trusted audit institutions. Also, investors should pay attention to the amount of audit institutions that audit the company in their decisions to buy shares of companies.