scholarly journals Determinants of Audit Quality: An Analysis of Three Points of International Standards on Auditing (ISA) and The Identity of The Auditor As An Independent Accountant

2018 ◽  
Author(s):  
Charis Subianto
Keyword(s):  
Audit Quality ◽  
International Standards

THE COVID-19 FINANCIAL PROBLEMS AND ASPECTS OF AUDIT QUALITY ASSURANCE IN GEORGIA

2021 ◽  
Vol 16 (1(21)) ◽  
pp. 22-31
Author(s):  
David Bidzinashvili
Keyword(s):  
Audit Quality ◽  
International Standards ◽  
Time Interval ◽  
Second Stage ◽  
The World ◽  
Main Variable ◽  
The Subject ◽  
High Level ◽  
Two Stages ◽  
Working Out

The new Corona-virus and the contagious disease which it causes, the so called COVID 19, put forward the serious challenges for many countries all over the world and for Georgia among them. Almost the whole world is facing very serious obstacles on the international and national levels. Too many problems emerged in the world countries. To resist against the new disease has become the main priority for each country. The global processes caused by the pandemics have influenced the audit service as well. The uncertainty and unpredictability caused the new risks of deficiencies and activated already existed ones in the new environment. The situation became more complicated due to the fact that it can happen that the auditors do not consider the mentioned risks in the process of planning for audits or the risks may be considered mistakenly. The firms and other economical institutions in which the audit is carried out are obliged to adopt the new rules and changing environments in which their businesses function; they should change the rules of fulfilling the operation, preparing the financial accounts, the processes of their representing the information processes, safety of information shown in the financial accounts, the rules of their preparing; they also evaluate the possibilities of keeping on their activities in the nearest future. The qualified performing of the audit implies the basical elemenst which helps to create such environment where the possibility of the high level audit will be at the maximum. Implementing the quality control implies that such system will include two stages; each of them is directed towards providing the audit processes according the international standards There are several types of the quality improvement system. In all of them the main variable value represents the amount of costs for the proper system. All countries choose the system which provides benefits taking the costs into consideration. There are four main stages in the process of implementation the system which will ensure the high quality audit. Here are four main stages shown in the process of implementation:  The first stage: to carry out diagnostic observation;  The second stage: stating the view;  The third sage: working out the system;  The fourth stage: implementation of the system. The firms and other economical institutions where the audit is carried out are obliged to be reliable with their activities in the changing situation in which their businesses function. The subjects change the rules of carrying out the usual operations, change the open information given in the financial accounts, and estimate the possibilities of maintaining the existing possibilities for the nearest future. It is important to revise some standards out of Audit International Standards and to make them fit for revealing and assessing the risks of essential mistakes and discrepencies. The controlled variation of the standard regulates such issues as the newly corrected risks caused by influences of COVID-19 pandemic on the planned approaches to the audit and also, evaluation of the risks already defined and making changes in them taking into consideration the influence of the errors in the risk evaluations and influence made upon the planned evaluations and audits the changes of which will influence the evaluations of the risks in the inner control of the subject on the previously made imagination of the control environment, in order to define the measures to be taken in order to change the reactions to the mistakes using different measures in order to reach the trustful mechanisms to rely on. International standards of audit– answering to the assessed risks, the checked variation of the standard implies that it maybecome necessary to change the measures of reaction to the changes in the circumstances in order to obtain enough reliable measures and activities to control the situation by means of enough auditory evidences. The auditor has responsibilities to take into consideration that largening the deadlines will cause growth of the period and the risks of the dates of events which will happen in the time interval between accountability date and the date of the conclusion made by audit, the audit is also responsible for any event taking place later in relation to the Covid-19 situation. He is responsible also for evaluation of the fact about financial information. The enterprise functioning within nowadays complex environment taking into consideration the situation of COVID 19, should consider such priority issues as the uncertainty accompanying the Covid situation, related covenants, and others which accompany the pandemic period, among them the region, the financial state of customers and dealers, liquidating and paying capacity. During the process of the risk assessments it should considered that Covid 19 pandemic greatly influenced the global economics and the separate branches such as hotels business, retail sail, tourism and others. As a result of pandemic, it is possible that the number of audit considerations and thee circumstances can modify them which can be conditioned by different circumstances and the audit will state if there are incorrectable improper conditioned due to the circumstances. The audit will make it certain there are unimprovable mistakes which apart and together are essential for the financial accountability and the auditor will conclude that they cannot acquire the proper conditioned which apart or together could be essential financial accounts or the audit will conclude that they are not able to the essential accountability. Important researches were led to assess the appeared situation and it was concluded that the COVID 19 pandemic had influenced the financial situation which showed that the specific actions and procedures became complicated.

Ten years of Journal of Accounting in Emerging Economies: a review and bibliometric analysis

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Khakan Najaf ◽  
Osama Atayah ◽  
Susela Devi
Keyword(s):  
Content Analysis ◽  
Financial Reporting ◽  
Emerging Economies ◽  
Audit Quality ◽  
Earnings Quality ◽  
International Standards ◽  
Annual Growth Rate ◽  
Accounting Disclosure ◽  
Content Type ◽  
The Usa

PurposeThe Journal of Accounting in Emerging Economies (JAEE), established in 2011, aims to publish research on contemporary accounting issues in emerging economies. This study used the bibliometric and scientometric approaches to provide deeper insights into the journal performance, prominent topics, author's contributions and citation structure. Content analysis was conducted to provide insights on the major themes addressed in JAEE.Design/methodology/approachThis study analyses data from the Scopus database, Google Scholar and Journal website. The total number of documents analysed are 190. This study employs VOSviewer and RStudio to conduct the analysis which is categorised into four major parts: General performance indicators, citation structure, network analysis and content analysis.FindingsSince JAEE commenced publication in 2011 and indexed in the Scopus in 2018, it achieved a 14.47% annual growth rate in document publication. It is encouraging to note that 88.4% of published documents were cited. In terms of total publication, the top contributing country is Malaysia; the USA is the primary contributor in citations. Five key themes emerged from the content analysis namely, international standards and earnings quality; audit quality and IFRS practices in emerging economies; corporate governance; financial reporting and earnings management; corruption and accounting disclosure; and ownership structure and firm performance.Originality/valueThis study offers a comprehensive assessment to the journal stakeholders about the past and current journal performance besides future trends and perspectives. Additionally, JAEE readers can gain insight into the nature of academic contributions in JAEE from 299 authors of 273 affiliated institutions in 67 countries.

Improvement in the quality of patient notes: A report of a closed loop audit quality improvement project at a neurosurgical department in Pakistan.

2020 ◽  
pp. 1-17
Author(s):  
Mohammad Ashraf ◽  
Syed Shahzad Hussain ◽  
Usman Ahmad Kamboh ◽  
Mehreen Mehboob ◽  
Saman Shahid ◽  
...  
Keyword(s):  
Quality Improvement ◽  
Audit Quality ◽  
Wound Care ◽  
International Standards ◽  
Neurosurgical Department ◽  
Post Intervention ◽  
Improvement Project ◽  
Audit Cycle ◽  
Patient Note ◽  
Operative Notes

Abstract Objective: To identify the deficiencies in patient note record-taking with the aim of improving the quality to meet international standards. Methods: The prospective clinical quality improvement audit study was conducted at the department of Neurosurgery, Allama Iqbal Medical College, Jinnah Hospital Lahore from January 219 to February 2020. The first audit cycle was carried out in July 2019, after data anonymisation, the notes from 1st January to 31st June were analysed in the first audit cycle against a hybrid proforma containing entries deemed essential in operative notes according to the guidelines of the Royal College of Surgeons of England. The guidelines were subsequently disseminated among postgraduate trainees using various methods. Post-intervention, randomly selected patient-notes from 1st August to 31st December 2019 were analysed in the second audit which was done in February 2020. The result of the two audits were compared to assess significance of association between the cycles for each categorical variable. Results: Of the 100 patient-notes audited, 50(50%) were part of each of the two cycles. Significant improvements (p<0.05) were seen between the two cycles in time of operation, pre-op status, post-op care: monitoring instruction, mobilisation, feeding instructions, wound care and position. There was 100% improvement in entries including name, age and sex, date of operation, elective/emergency, name of the procedure and name of operating surgeon and assistant, and the name of anaesthetist. Overall, marked improvement was observed in all parameters except in ‘use of antibiotic prophylaxes’. Conclusion: Regular audits are needed to monitor and improve, Continuous..

scholarly journals Does Industry Specialist Auditor Provide More Insights in Their audit report? An Empirical Study of Key Audit Matters Section

2021 ◽  
pp. 69-94
Author(s):  
Li-Jen He
Keyword(s):  
Financial Reporting ◽  
Audit Quality ◽  
The United States ◽  
International Standards ◽  
Audit Report ◽  
Disclosure Quality ◽  
Industry Specialization ◽  
Audit Reports ◽  
Industry Specialist

Abstract In 2015, International Auditing and Assurance Standards Board (IAASB) released new International Standards on Auditing 701 and required auditors to disclose key audit matters (KAM) in the audit report. Similar standards were also released in the United States in 2017 and the United Kingdom and Ireland Financial Reporting Council (FRC) in 2014. As KAM are expected to inform on matters of the greatest significance during an audit, before exploring the question regarding whether investors will obtain useful information from additional matter disclosures, the anterior consideration may be in regard to how audit quality affects the disclosure quality of KAM. This study use hand-collected data of the KAM disclosed in the audit reports of Taiwanese listed companies in 2016 to explore the association between auditor industry specialization and audit quality by the disclosure of KAM in new audit reports. The empirical results show that the association between the industrial specialist audit partner and the measurement of KAM quality is significantly positively related. The findings support our hypothesis that specialist auditors’ KAM are more informative than those issued by non-specialist auditors, and provide new evidence supporting prior studies about the superior auditing ability and disclosure quality of auditor industry specialist. Keywords: Key Audit Matters, KAM, International Standards on Auditing 701, International Auditing and Assurance Standards Board.

scholarly journals Drivers of Audit Quality for the Development of the Audit Quality Framework based on the International Standards

2019 ◽  
Vol 8 (4) ◽  
pp. 12820-12823
Keyword(s):  
Theoretical Model ◽  
Audit Quality ◽  
Scientific Research ◽  
Financial Information ◽  
International Standards ◽  
Model Framework ◽  
Quality Research ◽  
Quality Framework

Audit quality has a role so important that various parties, including investors, creditors, regulators, and management, depend on financial information generated by the auditor to make decisions. Although it plays a very important role in auditing, the measurement of audit quality has not yet been agreed upon. By adopting various standards and perspectives developed by various world-leading institutions, this study revisits the importance of the role of building a theoretical model of audit quality in the midst of its complexity. In this context, this study seeks to develop a theoretical review of the factors driving audit quality and develop a model framework for the development of auditing and audit quality research in future accounting scientific research.

scholarly journals PENGARUH TEKANAN WAKTU, TEKANAN KETAATAN, KECERDASAN EMOSIONAL DAN KECERDASAN SPIRITUAL PERSONIL APARAT PENGENDALIAN INTERNAL PEMERINTAH TERHADAP PENDETEKSIAN FRAUD

2019 ◽  
Vol 2 (1) ◽  
pp. 54-70
Author(s):  
Gusti Dian Prayogi ◽  
Erina Sudaryati
Keyword(s):  
Climate Change ◽  
Information System ◽  
Audit Quality ◽  
Time Budget ◽  
Internal Audit ◽  
International Standards ◽  
Spiritual Intelligence ◽  
Dysfunctional Behavior ◽  
Audit Judgment

Agustini, N. K. R., & Merkusiwati, N. K. L. A. (2016). Pengaruh Tekanan Ketaatan, Senioritas Auditor Dan Tekanan Anggaran Waktu Terhadap Audit Judgment. Universitas Udayana, 15, 433–462. Akhtar, S., bin Arshad, M. A., Mahmood, A., & Ahmed, A. (2015). Spiritual Quotient and Ethical Values towards Organizational Sustainability. International Letters of Social and Humanistic Sciences, 58(2001), 1–7. https://doi.org/10.18052/www.scipress.com/ilshs.58.1 Anggriawan, E. F. (2014). Summary for Policymakers. In Intergovernmental Panel on Climate Change (Ed.), Climate Change 2013 - The Physical Science Basis (Vol. 3, pp. 1–30). https://doi.org/10.1017/CBO9781107415324.004 Anwar Prabu, M. (2015). Mangkunegaran, Anwar Prabu. 2009. Manajemen Sumber Daya Manusia Perusahaan. (12th ed.). Bandung: PT Remaja Rosa Karya. Bodnar, G. H., & Hopwood, W. S. (2012). Accounting Information System. Pearson - Prentice Hall. Broberg, P., Tagesson, T., Argento, D., Gyllengahm, N., & Mårtensson, O. (2017). Explaining the influence of time budget pressure on audit quality in Sweden. Journal of Management and Governance, 21(2), 331–350. https://doi.org/10.1007/s10997-016-9346-4 Chandra, & Ramantha. (2013). Pengaruh Independensi dan Tiga Kecerdasan terhadap Pertimbangan Pemberian Opini Auditor. Ejournal Akuntansi Universitas Udayana, 4(3), 489–508. Crowe, H. (2011). Accounting Standard Update. Retrieved December 18, 2017, from http://www.crowehorwath.net/id/ Darori. (2017). Peran Auditor Internal Pemerintah Dalam Pencegahan Dan Pendeteksian Fraud. Jurnal Ilmiah Administrasi Publik ( JIAP ), 3(2), 83–92. Drupadi, M. J., & Sudana, I. P. (2015). Pengaruh Keahlian Auditor, Tekanan Ketaatan Dan Independensi Pada Audit Judgme. Fakultas Ekonomi Dan Bisnis Universitas Udayana (Unud), 3, 623–655. https://doi.org/10.1128/AEM.02227-09 Fauzan, M. F. A. (2017). Pengaruh Kecerdasan Emosional , Kecerdasan Spiritual , Dan Tekanan Klien Terhadap Kualitas Audit. Jurnal Profita, 7(2), 1–19. Fitriyani, M. (2013). Pengaruh Gender,tekanan ketaatan, kompleksitas tugas dan pengalaman auditor terhadap Audit judgement. Jurnal Bisnis Manajemen Dan Ekonomi. Floretta, G. (2014). Pengaruh Kecerdasan Emosional, Kecerdasan Spiritual dan Etika Profesi terhadap Kinerja Auditor pada Kantor Akuntan Publik DKI Jakarta. Jurnal Binus University. Gamar, N., & Djamhuri, A. (2015). Auditor Internal sebagai “Dokter” Fraud di Pemerintah Daerah. Jurnal Akuntansi Multiparadigma. https://doi.org/10.18202/jamal.2015.04.009 Ginanjar, A. (2001). Rahasia Sukses Membangun Kecerdasan Emosi dan Spiritual. Jakarta: Penerbit Arga. Hasanuddin, R., & Sjahruddin, H. (2017). The Structure of Emotional Intelligence, Spiritual Intelligence and Its Relationship with Work Enthusiasm and Auditor Performance. World Journal of Business and Management, 3(1), 67. https://doi.org/10.5296/wjbm.v3i1.11321 Kurnia, W., Khomsiyah, & Sofie. (2014). Pengaruh kompetensi, independensi, tekanan waktu, dan etika auditor terhadap kualitas audit. E-Journal Akuntansi Fakultas Ekonomi, 1(2), 49–67. Notoprasetio, C. G. (2012). Pengaruh Kecerdasan Emosional Dan Kecerdasan Spiritual Auditor  Terhadap Kinerja Auditor Pada Kantor Akuntan Publik Di Surabaya. Jurnal Ilmiah Mahasiswa Akuntansi, 1(4), 76–81. Retrieved from http://jurnal.wima.ac.id/index.php/JIMA/article/view/250 Pengaruh Tekanan Ketaatan, Pengalaman Audit, D. A. T. T. A. J. (2014). PENGARUH TEKANAN KETAATAN , PENGALAMAN AUDIT , DAN AUDIT TENURE TERHADAP AUDIT JUDGEMENT Maria Magdalena Oerip Liana Sofiani dan Elisa Tjondro. Universitas Kristen Petra, 4(1). Petraşcu, D., & Tieanu, A. (2014). The Role of Internal Audit in Fraud Prevention and Detection. Procedia Economics and Finance, 16, 489–497. https://doi.org/10.1016/s2212-5671(14)00829-6 Praditaningrum, A. S., & Januarti, I. (2012). Analisis Faktor-Faktor Yang Berpengaruh Terhadap Audit Judgment. Jurnal Bisnis Manajemen Dan Ekonomi, 1–28. Putu, D., & Mahadewi, L. (2015). PENGARUH INTELLIGENCE QUOTIENT ( IQ ), DAN EMOTIONAL SPIRITUAL QUOTIENTS ( ESQ ) TERHADAP PERILAKU ETIS PROFESI AKUNTAN PUBLIK DENGAN LOCUS OF CONTROL SEBAGAI VARIABEL MODERASI ( STUDI EMPIRIS PADA KANTOR AKUNTAN PUBLIK DI WILAYAH BALI ) e-Journal Ak S1 U. E-Journal Ak S1 Universitas Pendidikan Ganesha, 1(3). Rahman, Z. A., & Shah, I. M. (2015). Measuring Islamic Spiritual Intelligence. Procedia Economics and Finance, 31(15), 134–139. https://doi.org/10.1016/s2212-5671(15)01140-5 Rosadi, R. A., & Waluyo, I. (2017). PENGARUH GENDER, TEKANAN KETAATAN, TEKANAN ANGGARAN WAKTU DAN PENGALAMAN AUDIT TERHADAP AUDIT JUDGMENT. Nominal, Barometer Riset Akuntansi Dan Manajemen, 6(1). https://doi.org/10.21831/nominal.v6i1.14337 Rustiarini, N. W. (2013). Pengaruh Kompleksitas Tugas, Tekanan Waktu, dan Sifat Kepribadian pada Kinerja. MAKARA of Social Sciences and Humanities Series, 17(2), 126–138. https://doi.org/10.7454/mssh.v17i2.2961 Sukirman, & Pramono Sari, M. (2013). Model Deteksi Kecurangan Berbasis Fraud Triangle. Jurnal Akuntansi Dan Auditing, 9(2), 199–225. https://doi.org/10.14710/jaa.v9i2.5994 Svanberg, J., & Öhman, P. (2013). Auditors’ time pressure: does ethical culture support audit quality? Managerial Auditing Journal, 28(7), 572–591. https://doi.org/10.1108/MAJ-10-2012-0761 Tuanakotta, T. M. (2012). Audit Berbasis ISA (International Standards on Auditing). Jakarta: Salemba Empat. Umar, M., Sitorus, S. M., Surya, R. L., Shauki, E. R., & Diyanti, V. (2017). Pressure, dysfunctional behavior, fraud detection and role of information technology in the audit process. Australasian Accounting, Business and Finance Journal, 11(4), 102–115. https://doi.org/10.14453/aabfj.v11i4.8 Wijaya, I. A., & Yulyona, M. T. (2017). Does Complexity Audit Task, Time Deadline Pressure, Obedience Pressure, and Information System Expertise Improve Audit Quality? International Journal of Economics and Financial Issues, 7(3), 398–403. Zakaria, N. B., Yahya, N., & Salleh, K. (2013). Dysfunctional Behavior among Auditors : The Application of Occupational Theory. Journal of Basic and Applied Scientific Research, 3(9), 495–503.

scholarly journals PENGARUH PELAKSANAAN STANDAR AUDIT BERBASIS INTERNATIONAL STANDARDS ON AUDITING (ISA) TERHADAP KUALITAS AUDIT

2017 ◽  
Vol 9 (1) ◽  
pp. 55
Author(s):  
Devianti Harahap ◽  
NR Handiani Suciati ◽  
Evita Puspitasari ◽  
Sakina Rachmianty
Keyword(s):  
Financial Services ◽  
Audit Quality ◽  
International Standards ◽  
Research Approach ◽  
Public Accounting ◽  
Accounting Firm ◽  
Auditing Standards ◽  
Big Four ◽  
Descriptive Method

Abstract. An effort to improve the quality of auditing in Indonesia is achieved by applying the latest auditing standards, which refer to the International Standards on Auditing (ISA). The purpose of this research is to examine the influence of the implementation of auditing standards based on International Standards on Auditing (ISA) towards audit quality. Independent variables of this research is the effects of the implementation of auditing standards based on International Standards on Auditing (ISA) towards audit quality. The dependent variable of this research is audit quality. The method that was used in this research is descriptive method by using the survey research approach of data. The research was employed for a sample consisting of 40 auditors who work at Public Accounting Firm in Bandung which are registered in Financial Services Authority (FSA) and Big Four Public Accounting Firm . The analysis method that was used in this research is simple linear regression anlysis. The result shows that the implementation of auditing standards based on International Standards on Auditing (ISA) has a significant influence on the audit quality at 15,2%, and the rest of 84,2% is influenced by other variables which are not included in this research.Keywords: international standards on auditing (isa);  audit quality Abstrak. Salah satu upaya untuk meningkatkan kualitas audit di Indonesia adalah dengan diterapkannya standar audit yang mengacu kepada International Standards on Auditing (ISA) oleh Institut Akuntan Publik Indonesia (IAPI). Penelitian ini bertujuan untuk menguji kembali apakah pelaksanaan standar audit berbasis ISA telah berpengaruh terhadap kualitas audit pada Kantor Akuntan Publik. Penelitian dilakukan dengan menggunakan variabel independen yaitu pelaksanaan standar audit berbasis ISA, sedangkan variabel dependen dalam penelitian ini adalah kualitas audit. Metode yang digunakan dalam penelitian ini adalah metode deskriptif dengan jenis penelitian survey data. Sampel yang digunakan yaitu sebanyak 40 auditor pada Kantor Akuntan Publik Komisariat Wilayah Bandung yang terdaftar di Otoritas Jasa Keuangan. Metode analisis yang digunakan dalam penelitian ini adalah analisis regresi linier sederhana. Hasil penelitian menunjukkan bahwa pelaksanaan standar audit berbasis ISA berpengaruh secara signifikan sebesar 51,6% terhadap kualitas audit, sedangkan sisanya sebesar 48,4% dapat dijelaskan oleh variabel lain diluar penelitian ini.Kata Kunci: international standards on auditing (isa); kualitas  audit

Philosophy of International Standards of Auditing in the Theory and Practice of Russian Audit

Auditor ◽  
2018 ◽  
Vol 4 (2) ◽  
pp. 22-28 ◽  
Author(s):  
Н. Лосева ◽  
N. Loseva
Keyword(s):  
Audit Quality ◽  
Theory And Practice ◽  
International Standards ◽  
Audit Standards ◽  
International Audit

The article examines the structure of the international audit standards and the Audit Quality Concept developed by the IAASB, the factors and conditions for ensuring the quality of audit services in Russian auditing practice.

scholarly journals Principles of International Auditing and Assurance

2021 ◽  
Author(s):  
Rick Hayes ◽  
Philip Wallage ◽  
Peter Eimers
Keyword(s):  
Data Analytics ◽  
Audit Quality ◽  
International Perspective ◽  
International Standards ◽  
National Standards ◽  
Fourth Edition ◽  
Audit Process ◽  
Automated Tools ◽  
Structured Approach ◽  
World Perspective

The first textbook based upon International Standards on Auditing (ISAs), this fully revised and updated fourth edition presents a structured approach to auditing principles using ISAs as its basis. The International Standards on Auditing are now widely regarded as the global benchmark for auditing standards and as such an important audit quality indicator.&lt;br&gt;&lt;br&gt; This book describes the developments and practical use of all ISAs, as well as significant national standards in different countries. The new edition has been updated in line with International Standards and presents a truly International perspective. The book provides students with a real-world perspective as close to current auditing practice and thinking as possible.&lt;br&gt;&lt;br&gt; Key features:&lt;br&gt; &lt;ol&gt; &lt;li&gt;Structure of the book following the four phases of the audit process&lt;/li&gt; &lt;li&gt;Coverage of the latest auditing insights including technology and automated tools & techniques (data analytics)&lt;/li&gt; &lt;li&gt;Updates of the most recent auditing & assurance standards, including ISA 315 and 540&lt;/li&gt; &lt;li&gt;Highlighting the broader range of assurance engagements&lt;/li&gt; &lt;li&gt;Practice exam-style questions with end-of-chapter answers&lt;/li&gt; &lt;br&gt;&lt;br&gt; &lt;a href=&quot;https://principlesofauditing.com/&quot;&gt;And take a look at the book website here, for more information and extra materials for both tutors and students.&lt;/a&gt;

Sign in / Sign up

Export Citation Format

Share Document