Perceptions on Audit Quality Based on the Ethical Behaviour of Auditors
Author:
Alexandra ARDELEAN, Ph.D. Student
JEL:
M42, M48, M59, G01, G02
DOI:
Keywords:
ethics, audit perceptions, audit credibility, auditors` reputation, ethical behaviour, public interest
Abstract:
The perceptions of the wide public regarding the audit quality are directly reflected on its credibility, as well as on the auditors` reputation. Positive perceptions sustain the audit credibility, while negative ones contribute to undermine the utility and legitimacy of the audit. Given the fact that the trust invested by the wide public is conditional on a perception of the audit quality which is expected to answer its reasonable requests, it is essential that auditors, competently and by means of respecting the ethical rules, sustain a high level of quality in audit. The object of this study was to present the dimensional bond between quality and aspects such as credibility and auditors` reputation after examining their ethical behaviour. The result that was reached confirms that a high audit quality is supported by the ethical behaviour of auditors, as the main vector. Likewise, it was established that audit perceptions are directly influenced by the audit quality. Therefore, the conclusion of the study reveals that a high level of perceptions regarding audit quality is determined by a high ethical level of the auditors and that a low ethical level influences in the same way the perceptions regarding audit quality. \r\n