The Recent Structure of Audit Market in Malaysia

The perceived dominance of the accounting profession by the largest audit firms provides a frequent focus for critics of the accounting profession in U.S, U.K, Australia and so in Malaysia. This is due to the fact that such market power will lead to market abuse as suggested by traditional industria...

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Main Author:	Hanisah, Jaapar
Format:	Thesis
Language:	eng eng
Published:	2011
Subjects:	HF5601-5689 Accounting
Online Access:	https://etd.uum.edu.my/2751/2/Hanisah_Jaapar.pdf https://etd.uum.edu.my/2751/3/1.Hanisah_Jaapar.pdf
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id	my-uum-etd.2751
record_format	uketd_dc
spelling	my-uum-etd.27512013-07-24T12:17:45Z The Recent Structure of Audit Market in Malaysia 2011-06 Hanisah, Jaapar Abidin, Shamharir College of Business (COB) College of Business HF5601-5689 Accounting The perceived dominance of the accounting profession by the largest audit firms provides a frequent focus for critics of the accounting profession in U.S, U.K, Australia and so in Malaysia. This is due to the fact that such market power will lead to market abuse as suggested by traditional industrial organizational theory. However, due to competitiveness and dynamics structure in audit market, such assumption had been challenged and thus new industrial organizational theory had been introduced. The aim of this paper is to provide the current situation of Audit market in Malaysia in term of market concentration and specialization in general. Apart from Big Four, Group A auditors or mid-tier auditors had been included in the analysis. Concentration ratio methods and two types of measurement basis: number of audits clients and audit fee size were used. The results in general were consistent with previous study done before such as Ali et al., (2006), Iskandar and Aman (2003) and Ali et al., (2003) that agree Malaysia audit market is high concentrated with greater than 60% market share dominance by Big Four. In addition to that, the results also had highlighted the existence of Group A auditors in Big Four rival and overall it provides more up to date of current situation of audit market in Malaysia. 2011-06 Thesis https://etd.uum.edu.my/2751/ https://etd.uum.edu.my/2751/2/Hanisah_Jaapar.pdf application/pdf eng validuser https://etd.uum.edu.my/2751/3/1.Hanisah_Jaapar.pdf application/pdf eng public masters masters Universiti Utara Malaysia
institution	Universiti Utara Malaysia
collection	UUM ETD
language	eng eng
advisor	Abidin, Shamharir
topic	HF5601-5689 Accounting
spellingShingle	HF5601-5689 Accounting Hanisah, Jaapar The Recent Structure of Audit Market in Malaysia
description	The perceived dominance of the accounting profession by the largest audit firms provides a frequent focus for critics of the accounting profession in U.S, U.K, Australia and so in Malaysia. This is due to the fact that such market power will lead to market abuse as suggested by traditional industrial organizational theory. However, due to competitiveness and dynamics structure in audit market, such assumption had been challenged and thus new industrial organizational theory had been introduced. The aim of this paper is to provide the current situation of Audit market in Malaysia in term of market concentration and specialization in general. Apart from Big Four, Group A auditors or mid-tier auditors had been included in the analysis. Concentration ratio methods and two types of measurement basis: number of audits clients and audit fee size were used. The results in general were consistent with previous study done before such as Ali et al., (2006), Iskandar and Aman (2003) and Ali et al., (2003) that agree Malaysia audit market is high concentrated with greater than 60% market share dominance by Big Four. In addition to that, the results also had highlighted the existence of Group A auditors in Big Four rival and overall it provides more up to date of current situation of audit market in Malaysia.
format	Thesis
qualification_name	masters
qualification_level	Master's degree
author	Hanisah, Jaapar
author_facet	Hanisah, Jaapar
author_sort	Hanisah, Jaapar
title	The Recent Structure of Audit Market in Malaysia
title_short	The Recent Structure of Audit Market in Malaysia
title_full	The Recent Structure of Audit Market in Malaysia
title_fullStr	The Recent Structure of Audit Market in Malaysia
title_full_unstemmed	The Recent Structure of Audit Market in Malaysia
title_sort	recent structure of audit market in malaysia
granting_institution	Universiti Utara Malaysia
granting_department	College of Business (COB)
publishDate	2011
url	https://etd.uum.edu.my/2751/2/Hanisah_Jaapar.pdf https://etd.uum.edu.my/2751/3/1.Hanisah_Jaapar.pdf
_version_	1747827420551970816

The Recent Structure of Audit Market in Malaysia

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