Evidence from Auditors about the Causes of Inaccurate Budgets: Do Clients Cause Budget Overruns?

Steve Buchheit; William R. Pasewark; Jerry R. Strawser

doi:10.1016/S0882-6110(06)22003-0

Evidence from Auditors about the Causes of Inaccurate Budgets: Do Clients Cause Budget Overruns?

Steve Buchheit, William R. Pasewark, Jerry R. Strawser

Business Administration

Research output: Chapter in Book/Report/Conference proceeding › Chapter › peer-review

2 Scopus citations

Abstract

The goal of this study is to identify primary drivers of audit budget inaccuracy. Our results show a positive association between using the budget for evaluative purposes and favorable (or less unfavorable) budget variances. In addition, despite the fact that our sample is comprised of continuing audit engagements, weak client controls and relatively uncooperative clients have the greatest impact on unfavorable budget variances. Our results suggest audit budgets insufficiently accommodate client-controlled factors.

Original language	English
Title of host publication	Advances in Accounting
Editors	Philip Reckers, Salvador Carmona, Govind Iyer, Eric Johnson, Loren Margheim, Richard Morton
Pages	45-66
Number of pages	22
DOIs	https://doi.org/10.1016/S0882-6110(06)22003-0
State	Published - 2006

Publication series

Name	Advances in Accounting
Volume	22
ISSN (Print)	0882-6110

Access to Document

10.1016/S0882-6110(06)22003-0

Cite this

@inbook{73f3c019b3d640458a6d3ce40afd9379,

title = "Evidence from Auditors about the Causes of Inaccurate Budgets: Do Clients Cause Budget Overruns?",

abstract = "The goal of this study is to identify primary drivers of audit budget inaccuracy. Our results show a positive association between using the budget for evaluative purposes and favorable (or less unfavorable) budget variances. In addition, despite the fact that our sample is comprised of continuing audit engagements, weak client controls and relatively uncooperative clients have the greatest impact on unfavorable budget variances. Our results suggest audit budgets insufficiently accommodate client-controlled factors.",

author = "Steve Buchheit and Pasewark, {William R.} and Strawser, {Jerry R.}",

year = "2006",

doi = "10.1016/S0882-6110(06)22003-0",

language = "English",

isbn = "0762313609",

series = "Advances in Accounting",

pages = "45--66",

editor = "Philip Reckers and Salvador Carmona and Govind Iyer and Eric Johnson and Loren Margheim and Richard Morton",

booktitle = "Advances in Accounting",

}

Evidence from Auditors about the Causes of Inaccurate Budgets : Do Clients Cause Budget Overruns? / Buchheit, Steve; Pasewark, William R.; Strawser, Jerry R.

Advances in Accounting. ed. / Philip Reckers; Salvador Carmona; Govind Iyer; Eric Johnson; Loren Margheim; Richard Morton. 2006. p. 45-66 (Advances in Accounting; Vol. 22).

Research output: Chapter in Book/Report/Conference proceeding › Chapter › peer-review

TY - CHAP

T1 - Evidence from Auditors about the Causes of Inaccurate Budgets

T2 - Do Clients Cause Budget Overruns?

AU - Buchheit, Steve

AU - Pasewark, William R.

AU - Strawser, Jerry R.

PY - 2006

Y1 - 2006

N2 - The goal of this study is to identify primary drivers of audit budget inaccuracy. Our results show a positive association between using the budget for evaluative purposes and favorable (or less unfavorable) budget variances. In addition, despite the fact that our sample is comprised of continuing audit engagements, weak client controls and relatively uncooperative clients have the greatest impact on unfavorable budget variances. Our results suggest audit budgets insufficiently accommodate client-controlled factors.

AB - The goal of this study is to identify primary drivers of audit budget inaccuracy. Our results show a positive association between using the budget for evaluative purposes and favorable (or less unfavorable) budget variances. In addition, despite the fact that our sample is comprised of continuing audit engagements, weak client controls and relatively uncooperative clients have the greatest impact on unfavorable budget variances. Our results suggest audit budgets insufficiently accommodate client-controlled factors.

UR - http://www.scopus.com/inward/record.url?scp=33744551675&partnerID=8YFLogxK

U2 - 10.1016/S0882-6110(06)22003-0

DO - 10.1016/S0882-6110(06)22003-0

M3 - Chapter

AN - SCOPUS:33744551675

SN - 0762313609

SN - 9780762313600

T3 - Advances in Accounting

SP - 45

EP - 66

BT - Advances in Accounting

A2 - Reckers, Philip

A2 - Carmona, Salvador

A2 - Iyer, Govind

A2 - Johnson, Eric

A2 - Margheim, Loren

A2 - Morton, Richard

ER -

Evidence from Auditors about the Causes of Inaccurate Budgets: Do Clients Cause Budget Overruns?

Abstract

Publication series

Access to Document

Other files and links

Fingerprint

Cite this