Open AccessA Study Of Differential Attitudes Held BY Auditors From Large And Small U.S. Firms Toward Audits Performed By Small Public Accounting Firms.
Author(s) -
James T. King,
Robert B. Welker
Publication year - 2011
Publication title -
journal of applied business research
Language(s) - English
Resource type - Journals
eISSN - 2157-8834
pISSN - 0892-7626
DOI - 10.19030/jabr.v12i1.5839
Subject(s) - audit , accounting , business , perception , quality audit , differential (mechanical device) , quality (philosophy) , psychology , philosophy , epistemology , engineering , aerospace engineering , neuroscience
In an experiment (N=46), auditors from large U.S. firms attached greater relevancy to GAAS and assigned higher levels of quality to audit procedures applied to a small business audit than did auditors from small U.S. firms. These findings suggest the existence of a perception gap. Auditors from large firms may not be fully aware of the audit dilemmas facing small firms with small business audit clients.