scholarly journals Audit of banks as public interest entities: Segmentation and conjuncture of the bank audit market in Ukraine

2021 ◽  
Vol 16 (1) ◽  
pp. 138-151
Author(s):  
Victor Sukhonos ◽  
Yulia Serpeninova ◽  
Serhiy Makarenko ◽  
Viktoriia Levkulych ◽  
Galina M. Kolisnyk
Keyword(s):  
Public Interest ◽  
Active Regions ◽  
Annual Reports ◽  
Audit Market ◽  
Study Results ◽  
Regional Bank ◽  
Current Characteristics ◽  
Key Aspects ◽  
International Audit ◽  
Audit Services Market

An important factor in restoring the confidence of financial consumers in banks is to provide auditors with credible and detailed financial statements and their solvency. This study is a pilot step in clarifying the auditor’s role in ensuring the banks’ reliability as public interest entities in Ukraine. It is aimed at investigating the segmentation of the banking audit services market in Ukraine and its comprehensive characteristics. Structural and dynamic analysis were applied to investigate market, regional and branch concentration, as well as main trends in bank audit market development within the data and registers of the Audit Chamber of Ukraine (ACU) and 75 annual reports of Ukrainian banks. Key aspects of the bank audit market in Ukraine are highlighted: the potential of the bank audit market, the ability of auditors to provide audit services and current characteristics of market conjuncture. Bank audit market is highly segmented: this study differentiates strong segments of international audit networks, associations and alliances, including Big 4 companies and the segment of weak Ukrainian audit companies. Kyiv and Kyiv region are the dominant economic active regions in terms of the regional bank market concentration and the presence of international audit networks. The study results are the basis for improving the regulation of the banking audit services market by the National Bank of Ukraine and ACU.

Getting Thwarted

2020 ◽  
pp. 145-180
Author(s):  
Adam Slez
Keyword(s):  
South Dakota ◽  
Public Interest ◽  
Private Property ◽  
Organizational Innovation ◽  
Market Access ◽  
Annual Reports ◽  
Economic Regulation ◽  
Legal Environment ◽  
Federal Level ◽  
Regulatory Failure

This chapter examines the failure of economic regulation in southern Dakota during the late 19th century. It begins by situating the creation of the Dakota Territory Board of Railroad Commissioners within the broader wave of organizational innovation that followed in the wake of the Granger movement. Created in a moment of legal flux when the power to regulate interstate trade was being pushed to the federal level, the Board was limited in what it could do. Further hampered by a legal environment in which private property was consistently favored over public interest, the Board was left to extract voluntary concessions from railroad officials who knew they held the upper hand. Drawing on annual reports provided by Dakota Territory Board of Railroad Commissioners and its South Dakota successor, this chapter describes the process of regulatory failure, focusing in particular on the fights surrounding rate setting and market access.

The Oxford Handbook of Egyptology

2015 ◽  
Keyword(s):  
Ancient Egypt ◽  
Environmental Aspects ◽  
Ancient Egyptian ◽  
Current State ◽  
Egyptian Culture ◽  
The Subject ◽  
Current Characteristics ◽  
The Many ◽  
Key Aspects ◽  
Egyptian History

The Oxford Handbook of Egyptology presents a series of articles by colleagues working across the many archaeological, philological and cultural subdisciplines within the study of ancient Egypt from prehistory through to the end of the Roman Period. The volume seeks to place Egyptology within its theoretical, methodological, and historical contexts, both indicating how the subject has evolved and discussing its distinctive contemporary problems, issues and potential. Transcending conventional boundaries between archaeological and ancient textual analysis, it stresses the need for Egyptology to seek multidisciplinary methods and broader collaborations if it is to remain contemporary and relevant. It therefore serves as a reference work not only for those working within the discipline, but also as a gateway into Egyptology for archaeologists, anthropologists, sociologists and linguists. The book is organized into ten parts, the first of which examines the many different historical and geographical perspectives that have influenced the development and current characteristics of the discipline. Part II addresses the various environmental aspects of the subject: landscapes, climate, flora, fauna and the mineral world. Part III considers a variety of practical aspects of the ways in which Egyptologists survey, characterize and manage landscapes. Part IV discusses materials and technology, from domestic architecture and artefacts through to religious and funerary items. Part V deals with Egypt’s relations with neighbouring regions and peoples, while Part VI explores the sources and interpretive frameworks that characterize different phases of ancient Egyptian history. Part VII is concerned with textual and iconographic approaches to Egyptian culture, and Part VIII comprises discussions of the key aspects of ancient Egyptian scripts and philology. Part IX presents summaries of the current state of the subject in relation to a variety of textual genres, from letters and autobiographies to socio-economic, magical and mathematical texts. The final section covers different aspects of museology and conservation.

scholarly journals AUDIT SERVICE MARKET ANALYSIS IN UKRAINE

2019 ◽  
pp. 63-69
Author(s):  
T. Zhukova ◽  
I. Hanus ◽  
I. Plikus
Keyword(s):  
Market Competition ◽  
Professional Services ◽  
Industrial Enterprises ◽  
Audit Market ◽  
Significant Fluctuation ◽  
Audit Firms ◽  
The Cost ◽  
Audit Activity ◽  
Audit Services Market

The analysis of the audit services market clearly demonstrates a significant fluctuation in the quantity and cost of services in different regions, which in most cases depends on the concentration of industrial enterprises, the solvency of the audit customers themselves and their understanding of the cost and quality of audit services. This article is dedicated to this, in which such fundamental issues of the activities of audit firms and auditors as entering the professional services market, the quality of such services, and pricing for audit services are examined. The analysis of the audit services market clearly demonstrates a significant fluctuation in the quantity and cost of services in different regions, which in most cases depends on the concentration of industrial enterprises, the solvency of the audit customers themselves and their understanding the cost and quality of audit services. The article considers such problems of the auditors and audit firms activities as entering the professional services market, the quality of such services, and pricing of audit services. The analysis of the market of audit services is presented, which demonstrates a significant fluctuation in the quantity and cost of services in different regions, which in most cases depends on the solvency of audit customers, the concentration of industrial enterprises and the quality of audit services provided. The analysis of the audit activities results and the state of the market for audit services indicates that the audit market suffers from changes occurring in the country, which indicate that the audit market is functioning and transforming as a result of a number of factors, in particular: crisis phenomena in society; stricter requirements for the audit profession by regulators; imperfection of the legislative framework; lack of a mechanism for pricing audit services; lack of punishment for false information in the reports of auditors; insufficient number of highly qualified auditors; decrease in solvency of audit customersю It was found that, along with a decrease in the number of subjects of audit activity in the Register of Audit Firms, there is a tendency to increase the volume of services provided. It is proved that in order to increase the value of the audit, introduce and operate a system for ensuring the quality of audit services, improve the professional knowledge of practicing accountants, increase the market for audit services and ensure the important role of the audit profession recognized in our society, constant monitoring and development of decisions on issues related to the functioning of the audit system in Ukraine are necessary. Keywords: audit, market, competition, audit quality, cost of audit services, subjects of audit activity

scholarly journals Analysis and evaluation of Lithuanian public interest companies audit market

2014 ◽  
pp. 26-36
Author(s):  
Darius Vaicekauskas
Keyword(s):  
Public Interest ◽  
Main Part ◽  
Audit Quality ◽  
Investment Funds ◽  
Public Interests ◽  
The Public ◽  
Analysis And Evaluation ◽  
Audit Market ◽  
Planning Decisions ◽  
Prior Literature

The article investigates audit companies‘ specialization among the public interest companies of Lithuania. Prior literature explores various advantages of industry auditors – auditors who specialize in particular industries while enhancing the main part of clients in the industry branch. Industry auditors reach higher level of audit quality, while making more effective planning decisions, assessing more effectively client‘s business risk, as well as the risk of material misstatement, complying at highest rate with auditing standards. 154 public interests companies of Lithuania were analysed in order to assess whether the is a trend of auditors‘ specialization in a market of public interest companies in Lithuania. Results of the research imply auditors tending to specialize themselves in mainly all branches of industries, reaching highest rate of clients in particular industry of pension funds, investment funds and credit institutions. The results also disclose some evidence of industry auditors keeping their audit prices at higher level than their competitors, as well as their reputation being quite stable reaching more adds than losses. Issues concerning industry expertise auditors‘ quality significantly affects auditors‘ reputation. The results of the research taken support conclusions of vast body of prior researches on auditors‘ specialization implying that particular industry auditors may achieve and enhance higher level of audit quality.

scholarly journals Privacy study on images uploaded in social networks

2018 ◽  
Vol 7 (1.7) ◽  
pp. 142
Author(s):  
Hemalatha D ◽  
Almas Begum ◽  
Alex David S
Keyword(s):  
Social Networks ◽  
Social Media ◽  
Mobile Devices ◽  
Public Interest ◽  
Online Social Networks ◽  
Personal Information ◽  
Personal Characteristics ◽  
The Social ◽  
Study Results ◽  
Privacy Settings

Presently, the growth of Social media is explosive among the users. Increasingly developed social websites like Flickr, Facebook, Google+, LinkedIn etc permits the users to create, share and view the post. Confidentiality is a leading factor required in Social Networks. The social users upload their photos to the social sites that intend to gain public interest for social purposes. The exposure of personal information leads to slipping process like identity stealing, morphing etc, which are against the privacy violations. Relied upon the personal characteristics of users, the privacy settings of each user should be defined. In this paper, a relational study about the privacy settings in Online Social structure is examined. Initiated by the importance of social networks among the social users and their behavior towards Online Social Networks, which is followed by the privacy techniques suggested by other researchers are explored. At last, an overview about the merits and demerits of privacy designs and schemes for the user-uploaded images are presented. The study results a new privacy system that controls the confidential information from being accessed from different devices, including mobile devices and computers.

INTERNATIONALIZING THE FRENCH AUDITING PROFESSION

2009 ◽  
Vol 36 (1) ◽  
pp. 29-59 ◽  
Author(s):  
Ignace De Beelde ◽  
Nathalie Gonthier-Besacier ◽  
Alain Mikol
Keyword(s):  
19Th Century ◽  
Financial Statements ◽  
Company Law ◽  
Late 19Th Century ◽  
Audit Market ◽  
Audit Firms ◽  
Anglo American ◽  
The 1960S ◽  
Modern Form ◽  
International Audit

The objective of this paper is to trace the development of the French auditing profession, the commissaires aux comptes, focusing on the appearance of the large Anglo-American audit firms on the French market. The French audit market has always shown a number of peculiarities, including the continued importance of a number of local audit firms. The French auditing profession finds its roots in late 19th century company law that introduced an obligation for companies to release audited financial statements. The profession became regulated in its modern form in the 1960s. This paper attempts to explain the growing impact of the international audit firms on the French auditing profession. It also demonstrates how local professionals and the French state reacted to these developments.

A balanced scorecard envelopment approach to assess airlines' performance

2014 ◽  
Vol 114 (1) ◽  
pp. 123-143 ◽  
Author(s):  
Wann-Yih Wu ◽  
Ying-Kai Liao
Keyword(s):  
Research Design ◽  
Balanced Scorecard ◽  
Airline Industry ◽  
Operational Efficiency ◽  
Annual Reports ◽  
Future Research ◽  
Cross Sectional ◽  
Content Type ◽  
Study Results ◽  
Major Airlines

Purpose – This study purposed an integrated DEA-BSC model to evaluate the operational efficiency of airlines. To adapt this model, 38 major airlines in the world were selected to assess their relative performance. Design/methodology/approach – An empirical study is employed using a cross-sectional research design. The operational and financial data of 38 leading airlines companies were collected from annual reports and business reports. Specifically, this study integrated the concepts of balanced scorecard (BSC) and data envelopment analysis (DEA) and incorporated seven leading variables and four lagging variables from BSC to implement DEA. Findings – By using the leading and lagging variables to implement DEA, this study not only assessed the efficiency frontiers, input slack, output slacks, and benchmarking learning partners of 38 airlines, but also illustrated how leading indicators are related and influence lagging indicators. In particular, the study results indicated that airlines with excellent performance in the efficient frontiers tended to perform better in energy, capital, and other operating costs. Research limitations/implications – This study presented a DEA-BSC model to integrate the concepts of BSC into DEA. The empirical results showed that the model is more advanced than the capabilities of individual DEA and BSC. This model could also eliminate the faults of each one. Due to the cross-sectional research design of this research, future research should develop the longitudinal study to identify the time series of the influences of leading factors on lagging factors. Practical implications – This study offered an integrated model that incorporated the concepts of BSC and DEA. The leading and lagging factors of BSC were adopted to the evaluation of operational performance of airlines along with DEA. Therefore, BSC has served as the compliment of DEA. Using the DEA-BSC results, such as the efficiency frontiers, the amount of slacks, and benchmark learning partners, business executives could develop their improvement strategies. Originality/value – Since none of previous studies have integrated BSC and DEA to assess the operational efficiency of the airline industry, the results of this study could serve as a baseline for further academic validations, the results could also be very useful for the executives of airline companies to allocate their resources for further improvement.

On Statistics and Analysis of the Activities of Individual Auditors

Auditor ◽  
2021 ◽  
Vol 7 (1) ◽  
pp. 11-18
Author(s):  
E. Guttsayt ◽  
Anton Mar'yasin
Keyword(s):  
Clear Trend ◽  
Audit Market ◽  
Dynamic Series ◽  
Audit Services Market

In the article, based on the construction of dynamic series of the main indicators of the activity of individual auditors in recent years, the situation in the sector of the audit services market associated with these auditors is investigated. It is shown that the volume of services rendered by individual auditors in comparable prices in recent years does not have a clear trend, while in the entire market it is significantly decreasing. Several situations illustrate how an analysis of the performance of individual auditors in relation to the entire audit market can provide important information about the functioning of this market.

scholarly journals Disclosure of fraud control information in annual reports as a means of discharging public accountability

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Ludek Seda ◽  
Carol Ann Tilt
Keyword(s):  
Public Interest ◽  
Prima Facie ◽  
The Body ◽  
Annual Reports ◽  
Empirical Literature ◽  
Public Accountability ◽  
Content Type ◽  
The Public ◽  
Control Information ◽  
Body Of Knowledge

Purpose This paper aims to investigate the disclosure of fraud-related activities in public sector organisations in Australia. Specifically, the study reviews and evaluates the level and nature of fraud control information in annual reports of Commonwealth agencies and bodies. Design/methodology/approach The study uses a qualitative approach with the aim of expanding the body of empirical literature on disclosure of fraud control information in annual reports. The study further uses the theory of accountability – an essential concept for organisations that exist for public interest. Findings The results show that there is some prima facie evidence of public accountability. However, these results suggest that current disclosures of fraud-related activities in annual reports are failing to ensure the public is aware of activities used to combat fraud and its implications for the public interest. Practical implications The results have important implications for developing a framework for good reporting of fraud control activities. Originality/value This research study adds to the limited body of knowledge regarding how public entities discharge their accountability in relation to their fraud control activities.

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