The pricing of audit services in South Africa : an analytical study

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dc.contributor.advisorEveringham, Geoffen_ZA
dc.contributor.authorMsibi, Derrick Thembinkosi Vusumuzien_ZA
dc.date.accessioned2016-03-04T16:42:29Z
dc.date.available2016-03-04T16:42:29Z
dc.date.issued1995en_ZA
dc.descriptionBibliography: pages 189-203.en_ZA
dc.description.abstractThe pricing of audit services is a complex function of many variables. Prior research has proposed various approaches and models to identify some of these factors. This paper provides a description of one such model. Studies based on this model, or modifications of it, have been performed in Australia, Canada, Hong Kong, India, Ireland, Malaysia, New Zealand, Singapore, the United Kingdom and the United States of America. This thesis reports the findings of a similar study of 104 companies over the period 1991- 1992 conducted in South Africa. The analysis indicates that there is an approximately linear relationship between audit fee and a company's total assets or sales. In addition, management advisory services, number of reports in addition to those required by the Companies' Act, the level of inventory and. debtors in relation to total assets and audit delay, are significant determinants of audit fees. Unlike overseas studies, audit firm size, auditor specialisation, the number of consolidated subsidiaries and audit risk as measured by gearing, liquidity and profitability do not affect the level of audit fees. Whilst the influence of auditee size and complexity have been found to be the most consistent predictors of audit fees, there is an apparent lack of consistency in other variables. These findings are largely consistent with international research and indicate a growing influence of the internationalisation of auditing practice.en_ZA
dc.identifier.apacitationMsibi, D. T. V. (1995). <i>The pricing of audit services in South Africa : an analytical study</i>. (Thesis). University of Cape Town ,Faculty of Commerce ,College of Accounting. Retrieved from http://hdl.handle.net/11427/17469en_ZA
dc.identifier.chicagocitationMsibi, Derrick Thembinkosi Vusumuzi. <i>"The pricing of audit services in South Africa : an analytical study."</i> Thesis., University of Cape Town ,Faculty of Commerce ,College of Accounting, 1995. http://hdl.handle.net/11427/17469en_ZA
dc.identifier.citationMsibi, D. 1995. The pricing of audit services in South Africa : an analytical study. University of Cape Town.en_ZA
dc.identifier.ris TY - Thesis / Dissertation AU - Msibi, Derrick Thembinkosi Vusumuzi AB - The pricing of audit services is a complex function of many variables. Prior research has proposed various approaches and models to identify some of these factors. This paper provides a description of one such model. Studies based on this model, or modifications of it, have been performed in Australia, Canada, Hong Kong, India, Ireland, Malaysia, New Zealand, Singapore, the United Kingdom and the United States of America. This thesis reports the findings of a similar study of 104 companies over the period 1991- 1992 conducted in South Africa. The analysis indicates that there is an approximately linear relationship between audit fee and a company's total assets or sales. In addition, management advisory services, number of reports in addition to those required by the Companies' Act, the level of inventory and. debtors in relation to total assets and audit delay, are significant determinants of audit fees. Unlike overseas studies, audit firm size, auditor specialisation, the number of consolidated subsidiaries and audit risk as measured by gearing, liquidity and profitability do not affect the level of audit fees. Whilst the influence of auditee size and complexity have been found to be the most consistent predictors of audit fees, there is an apparent lack of consistency in other variables. These findings are largely consistent with international research and indicate a growing influence of the internationalisation of auditing practice. DA - 1995 DB - OpenUCT DP - University of Cape Town LK - https://open.uct.ac.za PB - University of Cape Town PY - 1995 T1 - The pricing of audit services in South Africa : an analytical study TI - The pricing of audit services in South Africa : an analytical study UR - http://hdl.handle.net/11427/17469 ER - en_ZA
dc.identifier.urihttp://hdl.handle.net/11427/17469
dc.identifier.vancouvercitationMsibi DTV. The pricing of audit services in South Africa : an analytical study. [Thesis]. University of Cape Town ,Faculty of Commerce ,College of Accounting, 1995 [cited yyyy month dd]. Available from: http://hdl.handle.net/11427/17469en_ZA
dc.language.isoengen_ZA
dc.publisher.departmentCollege of Accountingen_ZA
dc.publisher.facultyFaculty of Commerceen_ZA
dc.publisher.institutionUniversity of Cape Town
dc.subject.otherAuditingen_ZA
dc.titleThe pricing of audit services in South Africa : an analytical studyen_ZA
dc.typeMaster Thesis
dc.type.qualificationlevelMasters
dc.type.qualificationnameMComen_ZA
uct.type.filetypeText
uct.type.filetypeImage
uct.type.publicationResearchen_ZA
uct.type.resourceThesisen_ZA
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