文章基本信息

标题：An explanatory review of audit market concentration and auditor workload in Malaysia
本地全文：下载
作者：Ali Raza ; Wan Nordin Wan Hussin ; Jamaliah Abdul Majid 等
期刊名称：Accounting
印刷版ISSN：2369-7393
电子版ISSN：2369-7407
出版年度：2019
卷号：5
期号：4
页码：135-144
DOI：10.5267/j.ac.2019.4.001
出版社：Growing Science
摘要：The purpose of this study is to provide updated information and facts of the Malaysian audit market concentration and auditor workload. The global auditing services market is presently dominated by a group of four audit firms which known as Big 4; namely Deloitte, PriceWaterhouseCoopers, Ernst & Young and KPMG. The audit industry in Malaysia offers several exemptions, as observed that two of non-big 4 audit firms succeeded to make their place into the Malaysian top 4. The study examined the audit firms share based on the number of audits and included all Malaysian public listed companies from 2012 to 2016.The findings indicate that the Malaysian audit market falls into the category of loose oligopoly and dominated by 8 audit firms. It is noted that the market share of the Big 4 in Malaysia have been reduced over a five-year period 2012-2016, and these firms mainly focusing more on large or more established clients. The examination related to auditor workload suggests that there is a decreasing trend in the workload of individual audit partners; on average the Big 4 firms staffing ratio is lower as compared with non-big 4 which may indicate that Big 4 partners have less workload. The study is useful for policy makers and regulators to better analyze the audit market concentration and workload in Malaysia.
关键词：Audit Market;Concentration Ratio;Capital Market;Big 4 Audit Firms;Auditor Workload;Staffing Ratio