Business, Management and Accounting
5 years ago

Big4 Auditors Charge Higher Fees in Response to Audit Tendering.

SSRN Electronic Journal
Pricing Strategies of Big4 and Non-Big4 Auditors in the Light of Audit Tendering
Matthias F. Baumann, Nicole V.S. Ratzinger‐Sakel, Thorben Tiedemann

Paper Summary

Related papers

Business, Management and Accounting
a year ago

Machine Learning Boosts Indian Railways Efficiency, Slashing Maintenance Costs

Technological Obsolescence
Pavement Inspection
Reliability Engineering
2 views
Business, Management and Accounting
8 years ago

Procurement Triumphs, Supplier Relationships Falter: Uncovering the Paradox

Public Procurement
2 views
Business, Management and Accounting
4 years ago

Taxpayer Funds Wasted in Russian Public Procurement, Costing Billions

Public Procurement
2 views

The study looked at how audit pricing is affected by mandatory audit tendering in the European Union. They found that Big4 auditors charge higher fees when facing a tender, while non-Big4 auditors do not. However, there was no difference in audit quality between auditors facing a tender and those who were not. This suggests that Big4 auditors focus on pricing strategies, while non-Big4 auditors use different approaches to retain clients.