Jurisdictional differences in contracting out GBE audits : the impact on audit pricing

Houghton, Keith A., Dolley, C., Jubb, Christine and Chong, K. M. 2003, Jurisdictional differences in contracting out GBE audits : the impact on audit pricing, Australian accounting review, vol. 13, no. 29, pp. 50-57.

Attached Files
Name Description MIMEType Size Downloads

Title Jurisdictional differences in contracting out GBE audits : the impact on audit pricing
Author(s) Houghton, Keith A.
Dolley, C.
Jubb, Christine
Chong, K. M.
Journal name Australian accounting review
Volume number 13
Issue number 29
Start page 50
End page 57
Publisher Blackwell Publishing
Place of publication Melbourne, Vic.
Publication date 2003-03
ISSN 1035-6908
1835-2561
Keyword(s) studies
statistical analysis
public sector
jurisdiction
pricing policies
audits
Summary This paper examines audit costs for government business enterprises in various Australian jurisdictions, focusing on whether contracting private-sector suppliers induces competitive pricing and hence lower-priced audits. One jurisdiction (New South Wales) is shown to have low levels of contracting-out. It is argued that this lowers price competition and therefore, we predict, audit costs in NSW will be higher than elsewhere in Australia. An empirical comparison shows that, controlling for other factors, NSW is statistically significantly more expensive than other Australian jurisdictions. Alternative explanations relating to variation in audit quality, jurisdiction differences and relative cost are also discussed.
Language eng
Field of Research 150102 Auditing and Accountability
HERDC Research category C1.1 Refereed article in a scholarly journal
Copyright notice ©2009, CPA Australia
Persistent URL http://hdl.handle.net/10536/DRO/DU:30006613

Document type: Journal Article
Collection: Deakin Graduate School of Business
Connect to link resolver
 
Unless expressly stated otherwise, the copyright for items in DRO is owned by the author, with all rights reserved.

Versions
Version Filter Type
Access Statistics: 388 Abstract Views, 0 File Downloads  -  Detailed Statistics
Created: Thu, 31 Jul 2008, 10:43:27 EST

Every reasonable effort has been made to ensure that permission has been obtained for items included in DRO. If you believe that your rights have been infringed by this repository, please contact drosupport@deakin.edu.au.