시내버스 운송업의 수익비용 대응 정도와 비용인식 패턴

[Purpose]This study analyzes the degree of response to revenues and costs of the city bus transportation industry and differential cost recognition patterns. In addition, we examine the effects of auditing services performed and professional service system by government departments on the revenue and expense response and cost recognition patterns of city bus transport companies. [Methodology]In this study, the model of Dichew and Tang (2008), which analyzed the response to revenues and costs through the relationship between revenue and cost, was used. The sample period of this study is from 2013 to 2019, and the audit service reports of 6 cities that performed city bus audit services in Gyeongsang－do and Jeolla－do are used. In addition, a total of 33 companies (159 year－company) were analyzed through the audit report. [Findings]The analysis results of this study are as follows.First, although the degree of response to revenue and cost of city bus transport companies was relatively high, the tendency to recognize cost early was also high. However, in the data after the audit conducted by the relevant city, the tendency of early recognition of expenses disappeared and the degree of correspondence of current expenses to current income increased. Second, the tendency of early recognition of cost was not found in transport companies belonging to cities that employed professional services as city bus finance managers. In addition, no significant difference was found in the correspondence between revenue and expenses and the recognition pattern of expenses before and after the audit. [Implications]This study will have practical implications and academic contributions in that it empirically analyzes the opportunistic behavior of city bus transport companies that have been caused through civic groups and the media.