Measuring Efficiency of UK Chartered Accounting Firms
Journal of Law and Financial Management, Vol. 10, No. 2, pp. 2-8, December 2011
12 Pages Posted: 31 Jan 2012
Date Written: January, 30 2012
In this paper, we examine the input-output efficiency of United Kingdom CPA firms using the Data Envelopment Analysis (DEA) approach. We find that a majority of CPA firms in the United Kingdom appear not to be efficient on a yearly basis, and we further find no evidence of persistent efficiency on a multi-period basis. The results of our study may serve as a yardstick for CPA firms interested in assessing their efficiency relative to their peers, and as a new gauge of CPA performance.
Keywords: CPA, United Kingdom, input-output efficiency
JEL Classification: M40, M41
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