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Full-Text Articles in Business
Contracting Out And The Price Of Burning Bridges, D. J. Johnstone
Contracting Out And The Price Of Burning Bridges, D. J. Johnstone
Faculty of Business - Accounting & Finance Working Papers
The outsourcing of government activities is justified primarily on the grounds of cost savings. In the process of determining whether there are potential savings from contracting out, government agencies are required by various Commonwealth and State Government guidelines to measure the relevant costs of in-house activities and to compare these with external bids. The cost comparison methodology advocated in these guidelines is flawed in that it makes no alIowance for the financial value of the option to contract out (and thus not to contract out). It is wrong to give up (exercise) this option unless the expected cost savings accruing …
The Engendering Of A Chimera: Sources Of Independence For Australian Commonwealth State Audit, W. N. Funnell
The Engendering Of A Chimera: Sources Of Independence For Australian Commonwealth State Audit, W. N. Funnell
Faculty of Business - Accounting & Finance Working Papers
Through a well managed discourse of independence successive Commonwealth Governments have been able to have very extensive Executive intrusions in state audit accepted as benign and untainted by political interests, thereby maintaining an illusion of an unfettered, autonomous state audit function. This discourse of state audit independence has been successful in embedding an interpretation of independence at odds with the operational reality. A conditional form of independence has been promoted as substantive independence and has thereby created multiple and often conflicting beliefs about what is and what ought to be the nature of independence in state audit. The discourse has …