Academic Research on Yellow Book Auditing

• Municipal audit fees: Has increased competition made a difference?, Sanders, G., Allen, A., & Korte, L. (1995). Auditing,14(1), 105. In the course of this research, audit fees were studied and according to this study, the Prior audit fee studies examined mainly the private sector audit market. This paper then extends this research by manufacturing a model of the assists the audit fees for municipalities. Most of the factors used in this model are based on the factors used in the private sector audit fee market. Regression analyses as also used to show the significant portion of the variance in the municipal audit fee which was vividly explained using this model. Statistical result gotten from this model shows the municipal audit market is very competitive.
• Changing the yellow book standards: A blueprint for successful performance audits, McNamee, P. L. (1993). The Journal of Government Financial Management,42(3), 1. This research paper explains the blueprint for successful audit performance in the audit fee market. This research adopts the method of changing the yellow book standard and the empirical result was compared with the former academic hypothesis and then a model was developed which helped to analyze the performance of the audit fee market.
• Competitive bidding, auditor tenure and the extent of singleauditfindings, Aldhizer III, G. R., & Lampe, J. C. (1997). The Journal of Government Financial Management,46(4), 45. This paper based its findings on the competitive bidding, the extent of the single audit findings and the author tenure in lieu of explaining the correlation of these aforementioned factors to the audit fee market and how they are determinants of the market audit fee.
• Independentauditsof conflict minerals reports, Herda, D. N., & Snyder, H. W. (2013). Current Issues in Auditing,7(2), A24-A32. This research work primarily investigates the report of the independent audit of conflict materials.
• Singleauditoverhaul, Foelster, M. M., & Scott, G. A. (1998). Journal of Accountancy,185(5), 75. According to this research analyses, the single audit overhaul was explained using the results from other researches as a building block to explaining the correlation between the single audit overhaul in the audit fee market.
• The newyellow book: Focus on internal controls, McNamee, P. (1993). Journal of Accountancy,176(4), 83. According to this research, the new yellow book served as the building block on which this research analysis builds its assumptions. This research thesis focuses mainly on the internal control of the market fee audit and the various implications on the economy at large.
• Status Of Government Auditing StandardsYellow Book, Anderson, W. J., Broadus, W. A., & Raaum, R. B. (1989). The CPA Journal,59(6), 28. According to the ideas gotten for the yellow book, this research paper believed the government has several stands and they all depend on the auditing standards. This paper explains the various status of the government auditing standard according to the different factors that influence the market audit fees.
• Common attributes of qualityaudits, Aldhizer III, G. R., Miller, J. R., & Moraglio, J. F. (1995). Journal of Accountancy,179(1), 61. The various attribute of the quality audit was practically and theoretically explained in this research work. There are various attributes and various forms the audit could take and these forms/attributes totally depend on the quality of the audit as explained in this research analyses.
• The determinants of perceivedauditquality and auditee satisfaction in local government, Samelson, D., Lowensohn, S., & Johnson, L. E. (2006). Journal of Public Budgeting, Accounting & Financial Management,18(2), 139-166. According to previous research by other academic scholars, the relationship between audit characteristics and the perception of both audit quality and the auditees satisfaction in the private sector has been explained. This paper, however, proceeded with the research to local government audits where the quality of the audit has been questioned. Note that the local government is the grassroots of an economy. This paper also studies the effect of the auditors size on assumed audit quality and satisfaction. The auditees satisfaction according to this research work was directly related to the positivity in the auditors responsiveness to client, expertise, understanding of the clients system and study of internal control.
• How to get action onauditrecommendations, Grosshans, W. (1994). The Journal of Government Financial Management,43(1), 17. This paper explains the various methods and steps to follow as regards how to get action on audit recommendation.
• Performance auditing in governments, Dittenhofer, M. (2001). Managerial Auditing Journal,16(8), 438-442. This paper, however, agrees that government function directly from various business organizations. Hence, carrying out operational auditing becomes a necessity to replace the measure of success as observed by the latter via the measurement of profit. This paper, therefore, suggests that unique planning and specialized staffing of government-oriented scope and government management reporting are factors that constitute the performance of the auditing model to be sued by stakeholders and government officials. The audit performances are measured by their efficiency, effectiveness and through the success of the economy.
• The relation betweenauditpricing andauditcontract type: a public sector analysis, Thorne, J., Holmes, S. A., McGowan, A. S., Strand, C. A., & Strawser, R. H. (2001).Journal of Accounting and Public policy,20(3), 189-215. This research used the data obtained from North Carolina local government as an example in determining the extent to which audit contract type is able to explain the variations the audit fee just after the controlled variable was found to be significantly correlated prior to economic studies. This paper adopts the use of a LOGIT regression model which helped to identify the various factors associated with the chances of negotiating a peculiar contract type either via a fixed fee or cost reimbursement. The result of this action points out that the audit fees on average were lower for fixed fee contract than for the cost reimbursement contract.