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Engagement Planning (engagement + planning)

Distribution by Scientific Domains
Business, Economics, Finance and Accounting100%

Selected Abstracts

The Effect of Competitive Bidding on Engagement Planning and Pricing,

CONTEMPORARY ACCOUNTING RESEARCH, Issue 1 2004
KARLA M. JOHNSTONE
Abstract This paper investigates how clients' choices regarding whether or not to engage in competitive bidding affect a bidding firm's decisions about planned engagement effort and pricing. Specifically, we investigate whether competitive bidding is associated with higher planned engagement effort and lower fees relative to noncompetitive bidding, and whether competitive bidding is associated with increased sensitivity of effort and fees to cost drivers and the components of service production. There is little available evidence regarding the effects of competitive versus noncompetitive bidding in the current market, and none that focuses on both quality and pricing effects associated with competitive bidding across a broad array of clients. We address these issues using data from a sample of one firm's evaluations of prospective clients, made during 1997-98. During that period, about half of the firm's bids were competitive and half were noncompetitive, providing a unique opportunity to study how the bidding environment affects engagement planning and pricing. Our findings reveal that competitive bidding is associated with higher planned engagement effort and lower fees. In addition, we find that in competitive bidding situations there are stronger associations between cost drivers and planned engagement effort, and between the components of service production and fees. [source]

A Model for Audit Engagement Planning of E-Commerce

INTERNATIONAL JOURNAL OF AUDITING, Issue 2 2003
Jagdish Pathak
The impact of networking technologies on information systems (IS) and its auditing is growing dramatically. This growth is changing the nature of information systems in the modern organization, with special reference to e-commerce. It would also be reasonable to infer that a corresponding effect is mounting on the information system's auditing function. This paper primarily stresses the identification of specific constructs which can contain the potential variables/critical success factors in audit engagement planning that contribute to the success/failure of audit engagement in e-commerce-centric technological scenario, and the same can be used to build a model for its empirical validity in future studies. The objective of this paper is to devise a model, based on the variables turned potential critical success factors to successfully perform audit engagement planning for the current state-of-the-art e-commerce technologies. The available literature is analyzed to identify appropriate candidates for factors that appear to materially affect the success of the e-commerce audit resource planning function. Based on this model, an empirical examination, though not within the scope of this paper, is the next logical step in this direction to establish the validity of this model in the technologically complex e-commerce milieu. [source]

The Effect of Competitive Bidding on Engagement Planning and Pricing,

CONTEMPORARY ACCOUNTING RESEARCH, Issue 1 2004
KARLA M. JOHNSTONE
Abstract This paper investigates how clients' choices regarding whether or not to engage in competitive bidding affect a bidding firm's decisions about planned engagement effort and pricing. Specifically, we investigate whether competitive bidding is associated with higher planned engagement effort and lower fees relative to noncompetitive bidding, and whether competitive bidding is associated with increased sensitivity of effort and fees to cost drivers and the components of service production. There is little available evidence regarding the effects of competitive versus noncompetitive bidding in the current market, and none that focuses on both quality and pricing effects associated with competitive bidding across a broad array of clients. We address these issues using data from a sample of one firm's evaluations of prospective clients, made during 1997-98. During that period, about half of the firm's bids were competitive and half were noncompetitive, providing a unique opportunity to study how the bidding environment affects engagement planning and pricing. Our findings reveal that competitive bidding is associated with higher planned engagement effort and lower fees. In addition, we find that in competitive bidding situations there are stronger associations between cost drivers and planned engagement effort, and between the components of service production and fees. [source]

A Model for Audit Engagement Planning of E-Commerce

INTERNATIONAL JOURNAL OF AUDITING, Issue 2 2003
Jagdish Pathak
The impact of networking technologies on information systems (IS) and its auditing is growing dramatically. This growth is changing the nature of information systems in the modern organization, with special reference to e-commerce. It would also be reasonable to infer that a corresponding effect is mounting on the information system's auditing function. This paper primarily stresses the identification of specific constructs which can contain the potential variables/critical success factors in audit engagement planning that contribute to the success/failure of audit engagement in e-commerce-centric technological scenario, and the same can be used to build a model for its empirical validity in future studies. The objective of this paper is to devise a model, based on the variables turned potential critical success factors to successfully perform audit engagement planning for the current state-of-the-art e-commerce technologies. The available literature is analyzed to identify appropriate candidates for factors that appear to materially affect the success of the e-commerce audit resource planning function. Based on this model, an empirical examination, though not within the scope of this paper, is the next logical step in this direction to establish the validity of this model in the technologically complex e-commerce milieu. [source]