- The purpose of this study was to identify factors associated with variations in costs of contracted auditing services for public school districts. The investigation was based on data collected from a random sample of 168 second, third, and fourth class school districts in Pennsylvania. Data were also collected from 114 different auditors who performed the annual audit for the fiscal year ending June 30, 1980 for the school districts in the random sample., Two survey instruments were developed by the researcher to gather data for the study. One questionnaire was sent to school superintendents. The other was sent to auditors who have been contracted by the sample districts., Two considerations directed this study and the selection of variables for analysis. These were research studies conducted among private sector companies, and recommendations made by school officials and auditors., Statistical analysis of the data was undergone in two stages. A correlation analysis of all variables was performed. Second, stepwise multiple regression analysis was used to develop a model which determined the independent variables that best explained variance in the dependent variable., and Ten variables were found to explain 60 percent of the variation in amounts paid by public school districts for auditing. The 10 variables reflected the following associations with auditing costs: (1) Higher expenditures for Total Administration were associated with higher costs for contracted auditing services. (2) Contracting with a firm for auditing services only was associated with lower costs for auditing. (3) Consulting another district when choosing an auditor was associated with higher costs. (4) The assignment of junior auditors to conduct school audits was associated with lower costs. (5) Obtaining an itemized breakdown of the bill from the auditor was associated with higher auditing costs. (6) Maintaining separate accounting of federal programs in the district was associated with lower auditing costs. (7) A larger number of newly elected school board members was associated with higher audit fees. (8) A higher annual percentage of teacher turnover in the district was associated with lower auditing costs. (9) A greater number of years the auditor has been contracted by a district to conduct the annual audit was associated with lower auditing costs. (10) An increase in operating costs of the auditing firm was associated with higher costs for auditing.
- Dissertation Note:
- D.ED. The Pennsylvania State University 1982.
- Source: Dissertation Abstracts International, Volume: 43-07, Section: A, page: 2194.
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