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Australian Proprietary Companies' Demand for External Auditing
Author(s) -
BAXTER PETER,
PRAGASAM JOHN
Publication year - 1998
Publication title -
australian accounting review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.551
H-Index - 36
eISSN - 1835-2561
pISSN - 1035-6908
DOI - 10.1111/j.1835-2561.1998.tb00081.x
Subject(s) - audit , accounting , business , test (biology) , legislation , external auditor , internal audit , political science , law , paleontology , biology
The recently introduced size test for proprieta ry companies could mean that some companies that were exempt would now be required to have annual audits, while some non‐exempt companies would no longer be required to have annual audits. This paper considers the reasonableness of the size test and evaluates the proposition that proprietary company audits are not all legislation‐driven.