Statutory auditing in Portugal : Historical and Market evolution
By: MACHADO DE ALMEIDA, B.J
.
Material type: 
ArticlePublisher: Portugal : Instituto Politécnico do Cávado e do Ave, Jan./Jun. 2012Online resources: Acesso Tékhne : Review of Applied Management Studies 10, 1, p. 54-72Abstract: This paper studies the evolution of auditing in Portugal, in a historical, legal and empirical perspective, since monarchy to the presente day. This historical development began with the Sódigo de Comércio published in 1888 (Commerce Law), the first law that focused on independent surveillance of public limited companies. The economical and social contexto of the emergence of the auditor (Revisor Oficial de Contas), and the pattern adopted will also be commented. The presente position of the profession is analyzed in na empirical study on the structure of the Market demand and the offer, as well as the concentration of the statutory audit Market in Portugal. In this analysis, we used data provided by Institute of Statutory Auditors (OROC), and reached the conclusion that the statutory audit Market in Portugal, in the four years prior to the general use of the point system, from 2001 to 2004, a concentration tendency regarding listed and unlisted companies, was shown.
This paper studies the evolution of auditing in Portugal, in a historical, legal and empirical perspective, since monarchy to the presente day. This historical development began with the Sódigo de Comércio published in 1888 (Commerce Law), the first law that focused on independent surveillance of public limited companies. The economical and social contexto of the emergence of the auditor (Revisor Oficial de Contas), and the pattern adopted will also be commented. The presente position of the profession is analyzed in na empirical study on the structure of the Market demand and the offer, as well as the concentration of the statutory audit Market in Portugal. In this analysis, we used data provided by Institute of Statutory Auditors (OROC), and reached the conclusion that the statutory audit Market in Portugal, in the four years prior to the general use of the point system, from 2001 to 2004, a concentration tendency regarding listed and unlisted companies, was shown.
Click on an image to view it in the image viewer
There are no comments for this item.