scholarly journals Analysis of variations in the performance of audit firms in the Republic of Serbia

2012 ◽  
Vol 57 (193) ◽  
pp. 71-91 ◽  
Author(s):  
Dejan Jaksic ◽  
Kristina Mijic ◽  
Mirko Andric
Keyword(s):  
Correlation Analysis ◽  
Additional Analysis ◽  
Net Income ◽  
Service Market ◽  
Audit Firms ◽  
The Republic ◽  
Operating Revenue

The paper presents an analysis of the performance of audit firms in the Republic of Serbia in the period 2008-2010. For this period the trend in the number of audit firms in the Republic of Serbia, the size and number of employees in audit firms, and the participation of individual audit firms in total operating revenue, employment, and net income were observed. Further, correlation analysis of variations in operating revenue, employment, and net income of audit firms was carried out. The analysis showed the absence of the expected correlation between operating revenue and net income, as well as between the number of employees and net income. Additional analysis showed that the newly established audit firms achieved lower than average results and a higher level of variation in the level of profitability in relation to the audit firms that have been in the audit service market longer.

scholarly journals Profitability Analysis of Audit Firms – Evidence from the Republic of Serbia

2021 ◽  
Vol 7 (1) ◽  
pp. 273-282
Author(s):  
Kristina Mijić ◽  
Dijana Rađo
Keyword(s):  
Research Result ◽  
Financial Statements ◽  
Net Income ◽  
Return On Assets ◽  
Independent Variables ◽  
Creative Commons ◽  
Profitability Analysis ◽  
Audit Firms ◽  
The Republic ◽  
Descriptive Statistical Analysis

This paper aims to provide an analysis of the profitability of audit firms in the Republic of Serbia during the period 2016-2018. The analysis is based on the data collected from the financial statements from all audit firms registered in the Republic of Serbia. The profitability analysis includes two goals. This paper will primarily provide a descriptive statistical analysis of the profitability of audit firms measured by return on assets and net income per employee. The following part of the research will answer the question of which factors have a significant impact on the profitability of audit firms. Profitability as a dependent variable is defined as return on assets and net income per employee, while independent variables include market share, current ratio, leverage, size, affiliation to the international network, etc. To answer this question, a regression statistics analysis will be conducted. The research result will indicate which factor can improve the performances of audit firms. This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

scholarly journals Concentration of the Audit Market: Evidence from Serbia

2015 ◽  
Vol 52 (1) ◽  
pp. 115-126
Author(s):  
Kristina Mijić ◽  
Dejan Jakšić ◽  
Bojana Vuković
Keyword(s):  
Concentration Ratio ◽  
Audit Fees ◽  
Market Concentration ◽  
Independent Variables ◽  
Audit Market ◽  
Audit Firms ◽  
The Republic ◽  
Big Four ◽  
Operating Revenue

Abstract This paper presents a research on market concentration of audit services in the Republic of Serbia during the 2008-2011 period. Market concentration was measured by Herfindahl-Hirschman index (HHI) and concentration ratio CR4, based on four independent variables: operating revenue, net earnings, number of employees and number of audit clients. The research of market concentration based on operating revenue as the most referential variable indicated that the market for audit services in the Republic of Serbia has a moderate concentration and that it has the characteristics of an oligopoly of four largest audit firms known as “Big Four”. However, research of market concentration, when other variables are taken in consideration, does not reveal dominance of “Big Four” in terms of net earnings, number of employees and number of clients. The differences in conclusions when different variables are concerned can be explained by relatively high audit fees of “Big Four” and a lack of correlation between operating revenue and net earnings.

The Effect of Office Changes within Audit Firms on Clients' Audit Quality and Audit Fees

2020 ◽  
Vol 39 (1) ◽  
pp. 71-99
Author(s):  
Carl W. Hollingsworth ◽  
Terry L. Neal ◽  
Colin D. Reid
Keyword(s):  
Audit Quality ◽  
Audit Fees ◽  
Additional Analysis ◽  
Audit Firm ◽  
Audit Firms ◽  
Audit Fee ◽  
The Impact ◽  
Audit Partner Rotation

SUMMARY While prior research has examined audit firm and audit partner rotation, we have little evidence on the impact of within-firm engagement team disruptions on the audit. To examine these disruptions, we identify a unique sample of companies where the audit firm issuing office changed but the audit firm did not change and investigate the effect of these changes on the audit. Our results indicate that companies that have a change in their audit firm's issuing office exhibit a decrease in audit quality and an increase in audit fees. In additional analysis, we partition office changes into two groups—client driven changes and audit firm driven changes. This analysis reveals that client driven changes are more likely to result in a higher audit fee while audit quality is unchanged. Conversely, audit firm driven changes do not result in a higher audit fee but do experience a decrease in audit quality.

scholarly journals The Effects of State Development Banks on the Performance of Small and Medium Enterprises

2018 ◽  
Vol 56 (3) ◽  
pp. 389-411
Author(s):  
Jadranka Petrović
Keyword(s):  
Correlation Analysis ◽  
Business Performance ◽  
Positive Impact ◽  
Small And Medium Enterprises ◽  
State Development ◽  
Net Profit ◽  
Development Banks ◽  
The Republic ◽  
Empirical Context ◽  
Medium Enterprises

Abstract The views regarding the role and the need for state development banks have evolved in the 20th century, from considering their role as very important in the 1950s, through the stance of their inadequacy and ineffectiveness, to a renewed interest for public development banks at the beginning of 21st century. In this study we will concentrate on the state development banks as an important instrument of state financial support to small and medium sized enterprises (SMEs). The Republic of Srpska Investment-Development Bank (RSIDB) provided the empirical context for our research. By applying the Mann-Whitney U Test and the correlation analysis the authors examined the effect of RSIDB loans on certain business performance indicators of SMEs. From the results of Mann-Whitney U Test it can be concluded that the average sales, number of employees and net profit in the five-year period after using the RSIDB loan is statistically significantly higher for the RSIDB borrowers compared to non-borrowers. The results of correlation analysis show that there is statistically significant positive correlation of medium strength between the use of RSIDB loans and the total sales, net profit and number of employees in the 5-year period after using the RSIDB loan. The study showed the positive impact of RSIDB loans on the growth of sales, net profit and employment of SME borrowers.

scholarly journals Measuring Main Public Health Indicators of the Republic of Kazakhstan

2021 ◽  
Vol 16 (3) ◽  
pp. 192-203
Author(s):  
A. S. Omir ◽  
N. A. Abilkaiyr
Keyword(s):  
Life Expectancy ◽  
Correlation Analysis ◽  
Digital Literacy ◽  
Health Sector ◽  
Negative Relationship ◽  
Health Indicators ◽  
Well Being ◽  
Developed Countries ◽  
Healthcare Sector ◽  
The Republic

The article analyzes the level of health indicators to predict the state of this social system and create a certain vision. The list includes coefficients reflecting the general socio-economic situation of the population: the total number of births, deaths, maternal mortality, and mortality of children under five years of age. For a more detailed study of the situation in the health sector, the amount of funds allocated for this direction was also determined. Such ratios reflect the social and economic well- being of the population. Another key indicator of health is the dynamics of mortality from diseases. According to this indicator, the highest mortality in Kazakhstan is observed from diseases of the circulatory system, but nevertheless, the incidence has decreased, reflecting the effectiveness of the health care system. One of the main goals of the article is a correlation analysis of factors influencing the life expectancy of the population of the Republic of Kazakhstan. Correlation analysis revealed positive and negative factors. While digital literacy and health spending are positively correlated with population life expectancy, the number of hospital organizations and the number of hospital beds showed a negative relationship. This study showed that the level of digital literacy of the population has a significant impact on life expectancy and lifestyle. This is evidenced by the fact that in the case of the COVID-19 pandemic, many countries have used digital tools to isolate people from each other for safety reasons, thus influencing the overall lifestyle. Today, developed countries are rapidly digitizing the healthcare sector.

scholarly journals Similarities and Differences in Operating the Performance of Audit Firms in Serbia

2015 ◽  
Vol 53 (4) ◽  
pp. 535-545
Author(s):  
Dejan Jakšić ◽  
Kristina Mijić ◽  
Ljiljana Bonić
Keyword(s):  
Cluster Analysis ◽  
Performance Indicators ◽  
Human Potential ◽  
Net Income ◽  
Market Position ◽  
Audit Firms ◽  
Similarities And Differences ◽  
Big Four

Abstract Cluster analysis of audit firms in Serbia was carried out in order to assess the similarities and differences between audit firms. This analysis shows that “Big four” audit firms are significantly different from other audit firms by market position and human potential, but not according to net income. In addition, it can be noted that there are significant differences in observed performance indicators between individual audit firms.

Correlation analysis of indicators of yield of raspberry (Rubus Idaeus L.) in the Republic of Crimea

2018 ◽  
Vol 1 (73) ◽  
pp. 9-11
Author(s):  
Fedor Adamen' ◽  
◽  
Zera Arifova ◽  
Leylya Arslanova ◽  
◽  
...  
Keyword(s):  
Correlation Analysis ◽  
Rubus Idaeus ◽  
The Republic

scholarly journals The profitability of second-tier banks: essence and main influencing factors

2021 ◽  
Vol 101 (1) ◽  
pp. 36-47
Author(s):  
Zh.T. Yeveskina ◽  
Keyword(s):  
Regression Analysis ◽  
Pair Correlation ◽  
Correlation Coefficients ◽  
Net Income ◽  
Testing Hypotheses ◽  
Factors Affecting ◽  
Main Factors ◽  
Second Tier ◽  
The Republic ◽  
The Relationship

Object. In this article, based on the aggregate indicators of second-tier banks of the Republic of Kazakhstan, what factors and how they affect the net income of the bank is determined. Methods. During the analysis, a correlation-regression analysis of banking data was carried out using the Stata statistical package, and conclusions were drawn. Findings. To identify the factors that affect the profitability of banks, the interdependencies between the selected indicators were identified. The correlation analysis revealed the relationship between the selected factors and the bank's net income. The density of bonds was determined by testing hypotheses calculated based on pair correlation coefficients. Conclusions. The factor analysis carried out made it possible to identify the main factors affecting the bank's activities and assess the degree of their impact. As a result of the analysis of factors affecting the bank's income in the aggregate indicator of second-tier banks of the Republic of Kazakhstan, the compliance of the results obtained with the expected results was determined.

Sign in / Sign up

Export Citation Format

Share Document