تركيز السوق و آثاره على تنظيم مهنة المراجعة : دراسة ميدانية على مكاتب المراجعة في المملكة العربية السعودبة

الملخص EN

This research aims to uncover whether the concentration of the provision of audit service in a limited number of audit firms affect the regulation of the audit profession in Saudi Arabia.

In order to achieve such an aim, a questionnaire containing a number of elements of and bases for regulating the auditing profession in Saudi Arabia was designed.

These elements and bases were implemented and directed to examine the research hypothesis, based on the positive methodological approach.

The results of the empirical study supported the reliability of the research hypothesis, where the results of the empirical study indicated that the monopoly over the provision of the audit service by a limited number of professional firms do negatively affect the regulation of the audit profession.

By way of conclusion, the researchers provided a recommendation that the Saudi Organization for Certified Public Accountants (SOCPA) must implement various methods and strategies that can ensure limiting the spread of market concentration for the audit service.

Such methods and strategies should be directed to ensure proper consistency between the number and size of audit assignments accepted to be undertaken by a specific audit firm in one hand and the number of equity partners in that firm; the implementation of an executive plan for gradually increasing the number of partners in large audit firms; the enforcement of a statuary requirement for audit firms to disclose the details of their professional engagements in their proposals to audit committees of public companies; the avoidance of applying audit firms’ categories by banks and financial institutions and requiring their clients to approach certain audit firms; and finally encouraging the mergers of small and medium size audit firms so that they can compete with large firms.