The Accounting Burdens Facing Small Firms: An Empirical Research Note

Abstract In recent years there has been much discussion regarding the burdens imposed on small firms by administrative requirements, and in particular those imposed by accounting requirements. The purpose of this note is to examine whether the relative burden of accounting requirements is general to small firms or specific to certain types of small firm. The main empirical finding of the note, using ordered probit analysis on a sample of 100 small firms, is that the relative burden of accounts as perceived by small firms is not contingent on the factors investigated.