IDEAS home Printed from
   My bibliography  Save this article

Analysis Of Variations In The Performance Of Audit Firms In The Republic Of Serbia


  • Dejan Jakšić
  • Kristina Mijić
  • Mirko Andrić


The paper presents an analysis of the performance of audit firms in the Republic of Serbia in the period 2008-2010. For this period the trend in the number of audit firms in the Republic of Serbia, the size and number of employees in audit firms, and the participation of individual audit firms in total operating revenue, employment, and net income were observed. Further, correlation analysis of variations in operating revenue, employment, and net income of audit firms was carried out. The analysis showed the absence of the expected correlation between operating revenue and net income, as well as between the number of employees and net income. Additional analysis showed that the newly established audit firms achieved lower than average results and a higher level of variation in the level of profitability in relation to the audit firms that have been in the audit service market longer.

Suggested Citation

  • Dejan Jakšić & Kristina Mijić & Mirko Andrić, 2012. "Analysis Of Variations In The Performance Of Audit Firms In The Republic Of Serbia," Economic Annals, Faculty of Economics, University of Belgrade, vol. 57(193), pages 71-92, April- Ju.
  • Handle: RePEc:beo:journl:v:57:y:2012:i:193:p:71-92

    Download full text from publisher

    File URL:
    Download Restriction: no

    References listed on IDEAS

    1. Deepananda Herath & John Cranfield & Spencer Henson & David Sparling, 2008. "Firm, market, and regulatory factors influencing innovation and commercialization in Canada's functional food and nutraceutical sector," Agribusiness, John Wiley & Sons, Ltd., vol. 24(2), pages 207-230.
    Full references (including those not matched with items on IDEAS)


    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.

    Cited by:

    1. Mijić Kristina & Jakšić Dejan & Vuković Bojana, 2014. "Concentration of the Audit Market: Evidence from Serbia," Economic Themes, De Gruyter Open, vol. 52(1), pages 115-126, March.

    More about this item


    audit firm; analysis; operating revenue; net income; employment; profitability;

    JEL classification:

    • M42 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Auditing
    • M48 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Government Policy and Regulation


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:beo:journl:v:57:y:2012:i:193:p:71-92. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Goran Petrić). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.