Record Details

Attributes and Drivers of Audit Quality: The Perceptions of Quality Inspectors in the UK

Asian Journal of Accounting and Governance

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Field Value
 
Title Attributes and Drivers of Audit Quality: The Perceptions of Quality Inspectors in the UK
 
Creator Sulaiman, Noor Adwa
 
Subject audit quality; quality inspectors; perceptions of audit quality; audit regulation; audit inspection
 
Description This study examines the UK’s Audit Quality Review’s quality inspectors’ perceptions of attributes and drivers of audit quality. A survey questionnaire was distributed to quality inspectors with high ‘performance of the audit process’ and low ‘client service quality’ as relevant attributes for audit quality. A range of internal factors – behavioural, technical and relational – is perceived to affect audit engagements and potentially cause variation in audit quality between audits. Further, competition in the audit market and audit regulation are perceived as key contextual factors in the auditing environment affecting audit quality. Half of the quality inspectors perceived the level of audit quality in practice varies in different audit engagements. The majority highlighted the lack of challenge by the external auditors and adequacy of evidence and documentation as two key recurring issues in the inspection process. This study extends the scope of prior research by gathering perceptions of quality inspectors on a broader spectrum of attributes and drivers on audit quality that have not been previously studied in this line of research. The findings have implications for regulators and audit practitioners in monitoring and promoting audit quality in practice.
 
Publisher Penerbit UKM
 
Contributor —
 
Date 2018-11-03
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://ejournal.ukm.my/ajac/article/view/28732
 
Source Asian Journal of Accounting and Governance; Vol 10 (2018)
2180-3838
 
Language eng
 
Relation http://ejournal.ukm.my/ajac/article/view/28732/8543
 
Rights Copyright (c) 2018 Asian Journal of Accounting and Governance