Audits of Public Companies: Survey of Public Companies (GAO-08-164SP, January 2008), an E-supplement to GAO-08-163

Competition and Auditor Choice

8.
Is your firm a part of any affiliations with other accounting firms or associations of independent firms (including networks such as Baker Tilly or associations such as Moore Stephens, or other arrangements) in the U.S. or internationally to provide auditor of record services?
1.
2. (Click here to go to Question 10.)
3. (Click here to go to Question 10.)
4. (Click here to go to Question 10.)

9.
IF "YES:" How important was each of the following as a reason why your firm belongs to an affiliation?
    Very great importance Great importance Moderate importance Some importance Little or no importance Don't know
 
a. Become more competitive with larger firms
 
b. Increase national reach
 
c. Increase international reach
 
d. Add specialized technical and/or industry expertise
 
e. Take advantage of referral and marketing tools provided by the affiliation
 
f. Joint training and/or compliance programs
 
g. Advantage of cost sharing
 
h. Other - please describe below
   

 
IF OTHER: please describe.

10.
Do you currently have public company clients in the following categories?
    Yes No Don't know
 
a. Large public companies (Fortune 1000)
 
b. Mid-sized public companies (market cap of greater than $75 million, but not Fortune 1000)
 
c. Small public companies (market cap of less than $75 million, not Fortune 1000)
   

11.
Since 2003, has it become harder or easier for your firm to successfully compete to be the auditor of record for the following types of clients?
    Much harder Somewhat harder Little or no change Somewhat easier Much easier Don't know
 
a. Large public companies (Fortune 1000)
 
b. Mid-sized public companies (market cap of greater than $75 million, but not Fortune 1000)
 
c. Small public companies (market cap of less than $75 million, not Fortune 1000)
   

12.
Assuming that the potential client is acceptable and you had the opportunity, would you consider expanding your market share and serving as auditor of record for the following types of companies?
    Yes No Don't know
 
a. Large public companies (Fortune 1000)
 
b. b. Mid-sized public companies (market cap of greater than $75 million, but not Fortune 1000)
 
c. Small public companies (market cap of less than $75 million, not Fortune 1000)
   

13.
Does your firm currently serve as the auditor of record for any multinational public companies?
1.
2.
3.


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