Concentration of the audit services market in Ecuador, year 2022

The study of the degree of concentration of auditing services has been a topic of interest for academics and interested agents that use these services in the region and the world. The concentration of auditing firms indicates the level of participation that these companies have in the Ecuadorian territory, considering the confluence of international, regional and local firms. The objective of the research is to present results on the degree of concentration of the audit market in Ecuador during the year 2022. The methodology used is based on a quantitative, descriptive approach and a documentary design. The sample consists of 292 companies registered with the Superintendence of Companies, Securities and Insurance under the International Standard Industrial Classification (ISIC) M6920.02. The Herfindall-Hirshman index, the ratio and the business concentration index were used to determine the level of market concentration in the auditing market. As a result, Ecuador has a deconcentrated audit services market, a situation that contrasts with the international trend. Despite the results of the HH index, in Ecuador there is a clear preference for contracting with B4 or regionally recognized auditing companies. URL: https://revistas.uta.edu.ec/erevista/index.php/bcoyu/article/view/2445

• Autor principal: Chicaiza Herrera, Mayra Alexandra (author)
• Outros Autores: Barragán Pazmiño, Bryan Marcelo (author), Tapia Pila, Walter Bladimir (author), Tonato Calapiña, Milton Fabricio (author)
• Formato: article
• Idioma: spa
• Publicado em: 2024
• Assuntos: Herfindall-Hirshman; índices de concentración de mercados; servicios de auditoría; market concentration indexes; auditing services
• Acesso em linha: https://revistas.uta.edu.ec/erevista/index.php/bcoyu/article/view/2445