This paper examines the impact of non-audit services and auditor size on the value relevance of earnings (measure with earnings response coefficient). Our samples include 2,958 observations of TSE (Taiwan Stock Exchange) and OTC (Over-the-counter) firms from 2003 to 2006. We find a significantly positive relationship between non-audit services and the value relevance of earnings, which suggests that the provision of non-audit services by auditor reduces investor's perception of the information risk associated with the reported earning, in turn, increases the value relevance of earnings. In addition, we find that the value relevance of earnings of Big four clients is significantly higher than for non-Big four clients. The results indicate that the big auditors have stronger incentives to provide higher quality audit, then they can mitigate the information risk associated with the reported earning, in turn, increases the value relevance of earnings. However, the provision of non-audit services by Big four auditor is unable to further increase the value relevance of earnings.