CHARACTERISTICS OF NON-PUBLIC SMALL AND MEDIUM ENTERPRISES THAT DEMAND AUDIT SERVICES: EVIDENCE FROM TURKEY

Authors : Serhat Şamil, Şaban Uzay

Pages : 498-525

Doi:10.31460/mbdd.1273455

View : 166 | Download : 147

Publication Date : 2023-12-31

Article Type : Research Paper

Abstract :The necessity and scope of mandatory audit is an issue discussed alongside benefit-cost evaluations. The characteristics of companies demanding audits are noteworthy in this respect. This study aims to contribute to the discussions on audit demand and mandatory audit, with evidence from Turkey. A non-experimental research approach is employed to identify the distinctive characteristics of SMEs that demand audit. Evidence supporting previous studies is obtained on the relationship between audit demand and size, financing relationships and ownership structure. Furthermore, the results also significantly support the hypothesized association between audit demand and internationalization, R&D, and legal system perception.
Keywords : Bağımsız Denetim Talebi, Zorunlu Bağımsız Denetim, Vekalet Teorisi