Partner industry specialisation and audit pricing in the UK

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Accounting firms are generally organised as partnerships, and this provides them with a structure that allows optimal delegation of the decision rights to the partner level where relevant specific knowledge is located. Partners play the central role in planning and administering the external audit service provided to the client and are accountable for the finalRead more

The Big 4 fee premium for industry specialization in the UK

This Blog post was written by Dr Khairul Ayuni Mohd Kharuddin. The relationship between the audit fee premium/discount and industry specialisation is an interesting and controversial research area globally. Research studies concerning this area have mainly examined the US, UK, Australia, Hong Kong and New Zealand audit markets. Auditor industry specialisation is recognised as aRead more