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DC Field | Value | Language |
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dc.contributor.author | Ojala, H | - |
dc.contributor.author | Niskanen, M | - |
dc.contributor.author | Collis, J | - |
dc.contributor.author | Pajunen, K | - |
dc.date.accessioned | 2015-01-14T14:15:44Z | - |
dc.date.available | 2015-01-14T14:15:44Z | - |
dc.date.issued | 2014-09-30 | - |
dc.identifier | ORCiD: Jill Collis https://orcid.org/0000-0003-0674-3780 | - |
dc.identifier.citation | Ojala, H. (2014) 'Audit quality and decision-making in small companies', Managerial Auditing Journal, 29 (9) pp. 800 - 817. doi: 10.1108/MAJ-08-2014-1063. | en_US |
dc.identifier.issn | 0268-6902 | - |
dc.identifier.uri | https://bura.brunel.ac.uk/handle/2438/9749 | - |
dc.description.abstract | Purpose: This paper aims to focus on economic consequences of audit outcomes by investigating the concept of audit quality operationalised as seven components of audit benefits to owner-managers of small companies. Design/methodology/approach: The authors analyse survey data collected in 2013 from 642 small private companies above the audit exemption threshold in Finland. Findings: No significant association was found between engagement of a Big 4 auditor (proxy for audit quality) and any of the audit benefits tested. However, the results provide consistent evidence of a positive relationship between the owner-manager’s perception of the competence and reliability of the external accountant and the perceived benefits of audit. It was also found that companies which do not incorporate e-processes in the accounting system are more likely to value the internal control benefits provided by audit. Research limitations/implications: Small business surveys suffer from poor response rates. To some extent, the authors overcame this problem by using two focused sampling frames and reminders. Care must be taken when generalising the results, as the definition of “small” varies across jurisdictions. Originality/value: By focusing on small private companies, the research contributes to the audit quality literature. Contrary to studies of listed companies, the authors conclude that use of a Big 4 auditor is not a sufficient surrogate for audit quality in small companies. The authors go beyond aggregate measures of audit quality used in previous studies and identify specific audit benefits. | - |
dc.description.sponsorship | Hannu Ojala gratefully acknowledges the financial support (for travel expenses) of Helsinki School of Economics Foundation and Foundation for Economic Education. | - |
dc.format.medium | Print-Electronic | - |
dc.language.iso | en | en_US |
dc.publisher | Emerald Group Publishing | en_US |
dc.rights | Copyright © 2014, Emerald Group Publishing Limited. This author accepted manuscript is deposited under a Creative Commons Attribution Non-commercial 4.0 International (CC BY- NC) licence (https://creativecommons.org/licenses/by-nc/4.0/). This means that anyone may distribute, adapt, and build upon the work for non-commercial purposes, subject to full attribution. If you wish to use this manuscript (see:https://www.emeraldgrouppublishing.com/publish-with-us/author-policies/our-open-research-policies#green). | - |
dc.rights.uri | https://www.emeraldgrouppublishing.com/publish-with-us/author-policies/our-open-research-policies#green | - |
dc.subject | Finland | en_US |
dc.subject | audit quality | en_US |
dc.subject | audit benefits | en_US |
dc.subject | big 4 auditors | en_US |
dc.subject | e-processes | en_US |
dc.subject | external accountant | en_US |
dc.subject | small private companies | en_US |
dc.title | Audit quality and decision-making in small companies | en_US |
dc.type | Article | en_US |
dc.identifier.doi | https://doi.org/10.1108/MAJ-08-2014-1063 | - |
dc.relation.isPartOf | Managerial Auditing Journal | - |
pubs.issue | 9 | - |
pubs.volume | 29 | - |
pubs.organisational-data | /Brunel | - |
pubs.organisational-data | /Brunel/Brunel Staff by College/Department/Division | - |
pubs.organisational-data | /Brunel/Brunel Staff by College/Department/Division/College of Business, Arts and Social Sciences | - |
pubs.organisational-data | /Brunel/Brunel Staff by College/Department/Division/College of Business, Arts and Social Sciences/Brunel Business School | - |
pubs.organisational-data | /Brunel/Brunel Staff by College/Department/Division/College of Business, Arts and Social Sciences/Brunel Business School/Management | - |
pubs.organisational-data | /Brunel/University Research Centres and Groups | - |
pubs.organisational-data | /Brunel/University Research Centres and Groups/Brunel Business School - URCs and Groups | - |
pubs.organisational-data | /Brunel/University Research Centres and Groups/Brunel Business School - URCs and Groups/Centre for Research into Entrepreneurship, International Business and Innovation in Emerging Markets | - |
pubs.organisational-data | /Brunel/University Research Centres and Groups/School of Arts - URCs and Groups | - |
pubs.organisational-data | /Brunel/University Research Centres and Groups/School of Arts - URCs and Groups/Brunel Centre for Contemporary Writing | - |
pubs.organisational-data | /Brunel/University Research Centres and Groups/School of Health Sciences and Social Care - URCs and Groups | - |
pubs.organisational-data | /Brunel/University Research Centres and Groups/School of Health Sciences and Social Care - URCs and Groups/Brunel Institute for Ageing Studies | - |
pubs.organisational-data | /Brunel/University Research Centres and Groups/School of Health Sciences and Social Care - URCs and Groups/Brunel Institute of Cancer Genetics and Pharmacogenomics | - |
pubs.organisational-data | /Brunel/University Research Centres and Groups/School of Health Sciences and Social Care - URCs and Groups/Centre for Systems and Synthetic Biology | - |
pubs.organisational-data | /Brunel/University Research Centres and Groups/School of Information Systems, Computing and Mathematics - URCs and Groups | - |
pubs.organisational-data | /Brunel/University Research Centres and Groups/School of Information Systems, Computing and Mathematics - URCs and Groups/Multidisclipary Assessment of Technology Centre for Healthcare (MATCH) | - |
dc.identifier.eissn | 1758-7735 | - |
dc.rights.holder | Emerald Group Publishing Limited | - |
Appears in Collections: | Brunel Business School Research Papers |
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FullText.pdf | Copyright © 2014, Emerald Group Publishing Limited. This author accepted manuscript is deposited under a Creative Commons Attribution Non-commercial 4.0 International (CC BY- NC) licence (https://creativecommons.org/licenses/by-nc/4.0/). This means that anyone may distribute, adapt, and build upon the work for non-commercial purposes, subject to full attribution. If you wish to use this manuscript (see:https://www.emeraldgrouppublishing.com/publish-with-us/author-policies/our-open-research-policies#green). | 519.52 kB | Adobe PDF | View/Open |
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