Audit Quality and Several of Its Determinants
Author:
Ionela-Corina CHERSAN
JEL:
M42, M49
DOI:
10.20869/AUDITF/2019/153/002
Keywords:
audit quality, education, professional
development, the International Education Standards
Abstract:
The objective of this article is to identify the relationship
between the quality of services provided by the financial
auditors and its determinants, among which the initial
and continuing training of auditors occupies an important
place as long as their authorization depends on
achieving an adequate level of education and
professional training. It has been taken into account the
fact that the purpose of public interest entities has
become global, and the ethical and professional
challenges to which auditors are exposed are becoming
more and more difficult to manage.
To this end, it has set out from the initial and continuous
education and training requirements recommended by
the International Education Standards Board and there
have been corroborated the obtained information with
the results of other studies addressing the current
challenges faced by the financial auditors (more and
more regulations, changes in the financial and non-
financial reporting, technology development and
increase of business complexity), while trying to answer
the question regarding the effect of these challenges on
the audit quality. The analysis was a qualitative one that
pursued the researchers` concerns about the audit
quality in order to identify the best ways to improve it.
The article has a direct practical use both for the
financial auditor organizations and the statutory audit
oversight authorities to guide the continuing professional
training, as well as for the financial auditors and audit
firms which can better manage their work in order to
increase the quality of the services they offer.
Abstract(221KB)
Article(376KB)