Attitudes of accountants towards future use of services of small businesses in Australia

This paper uses the logit and probit regression analysis to • model the decision as to whether small companies that do not currently use services of accountants would use this service in the future. The analysis is based on data collected through a survey based on a random sample of more than 15 percent of the companies do not use services of accountants. The results suggest that age of company, value of liabilities, value of assets and number of branches is important factors in deciding whether to use services of accountants in the future. There seems to be a negative relationship between the age of the company and the probability of using services of accountants. Recently established companies have a higher probability of accepting to deal with accountants. The value of liabilities has a strong positive effect on this probability. Also, the increase in the number of branches increases the probability of dealing with accountants. The value of gross revenue seems to exert a slight positive influence on the decision to use services of accountants, while the number of employees does not seem to exert a significant influence.