Greater competition has increased pressure to reduce product costs and design times. To introduce products more quickly, some companies begin designing products before all relevant design information is available and continue modifying product specifications during the design process. We...

We present the first large-sample empirical evidence on U.S. auditors' responses to changes in entity-level audit risk during 2006-2007, the period leading-up to the financial crisis of 2008-2009. Treating fiscal year 2005 engagements as a pre-crisis benchmark, we find that audit attention...

The concept of a knowledge-based economy is a relatively new topic, but it does not mean that the previous economies did not use knowledge. For many years, knowledge formed the basis of any economy, it was a factor that set the pace of each of them, but just nit is making a significant impact on...

Serbian Abstract: У чланку се разматра коришћење двају приступа анализи солвентности предузећа – традиционалног, заснованог на показатељима из биланса стања и биланса...

Turkish Abstract: Yüksek rekabetin olduğu bir ortamda üretim işletmelerinin varlıklarını sürdürebilmeleri için değişen koşullara uyum sağlamaları gerekmektedir. Artan rekabet düzeyi ve değişen maliyet yapılarının bir sonucu olarak kullanılan maliyet sistemlerinin işletme...

We study what a simulated market of pure price competition reveals about market shares and per-partner profits in Big Six audit firm mergers for 1997. In the model of audit production we use, leverage (staff-to-partner ratio) reflects the productivity of an audit partner and is key to analyzing...

The concept of a knowledge-based economy is a relatively new topic, but it does not mean that the previous economies did not use knowledge. For many years, knowledge formed the basis of any economy, it was a factor that set the pace of each of them, but just nit is making a significant impact on...

This study tests the hypothesis that Big 6 audit prices are higher than non-Big 6 audit prices for both large and small segments of the auditee market. The hypothesis is based on the assumption that these price differentials should be observed given product differentiation and competition in a...

Elliott and Pallais (1997) indicate the importance of finding an appropriate market niche when entering the assurance services market. They discuss the notion that the pricing of these assurance services can be based on the value of the services to the market, and provide an example of such...