Cash is the most important asset of a company. The presence or absence of cash within a company for various investment, cost, and so on issues is one of the key decisions of senior executives. Auditors generally report to the board the need to keep cash surplus by examining the reasons for the surplus cash holdings for companies and raise management concerns. Therefore, the manager must have strong, reasonable reasons for keeping their cash and non-investment in growth and investment positions. As a result, management retains less cash in the face of an independent auditor who has high audit quality, so the purpose of the present study was to investigate the impact of Abnormal audit fees and audit firm size on Market value of corporate cash holdings over the period 2012-2019. The sample consists of 120 companies. Multivariate regression model was presented to test the research hypotheses and combined data were used for analysis. Findings show that there is a positive and significant relationship between abnormal audit fees and market value of cash holding but there is no relationship between audit firm size and market value of cash holding.