Izvorni znanstveni članak
https://doi.org/10.1080/1331677X.2021.1934057
The influence of profit, revenues and debt on audit prices in large companies: insights from Slovenia
Tatjana Horvat
Urška Travner
Hazbo Skoko
Vito Bobek
Sažetak
The global financial crisis that erupted in August 2007 following
the collapse of the US subprime mortgage market had a significant impact on the financial markets. Ten years ago, Slovenia was
confronted with the outbreak of significant financial and economic turbulence, and only in 2017 did the country’s GDP return
to pre-crisis levels. Taking into account the fact that the performance of companies deteriorates to a certain extent during a crisis,
this paper examines the influence of selected factors on the price
of statutory audits for large companies in Slovenia in the period
2010 to 2014. The final sample consists of 177 large enterprises in
Slovenia for each year or a total of 885 units (population). The
main factors observed were taken from the financial statements.
These are operating revenue, profit (loss), and indebtedness of
the enterprise. Three hypotheses were tested by regression analysis, ANOVA, and Independent-Samples Median Test. In the
research, we found that statistically significant factors of the price
of a statutory audit due to the Slovenian Agency for Public
Oversight are only the operating income of the audited enterprise. Over the past 40 years, studies have been conducted worldwide to determine audit fees, with a focus on English-speaking
countries. This field of research is still in its infancy in Slovenia,
and little research has been done on the determinants of the fees
charged by the firms that exist here.
Ključne riječi
Auditing; audit fees; profit; revenues; debt; indebtedness; companies; financial statements
Hrčak ID:
302021
URI
Datum izdavanja:
31.3.2023.
Posjeta: 525 *