Recently aspects regarding International Auditing Standard 200 „Overall Objectives of the Independent Auditor and the Conduct of an Audit in Accordance with International Standards on Auditing”

Botez, Daniel

doi:10.29358/sceco.v0i14.26

Cited by 6 publications

(2 citation statements)

References 0 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…The financial transparency direct and moderation shows the same results which enhance the improvement of the performance of banks (Bai et al, 2006;Chen et al, 2007). Furthermore, the external auditors show mixed results in four models which is to retrieve user confidence in the financial statement the transparency ecosystem should be maintained, and stakeholders satisfied (Botez, 2009). In sum, it comes up with the motivation to supervise performance practices in banking sectors.…”

Section: Resultsmentioning

confidence: 85%

“…Watts and Zimmerman (1983) explained that on the base of stakeholder theory, an external audit decreases instruction inequality between the director and the operator and reduces conflicts of interest. Botez (2009) identified the primary function of the International Accounting Standard (IAS) for external auditing is to restore the competencies to trust users in the assessment of financial statements to preserve the accountability environment and to satisfy stakeholders. IAS will enhance control and timely auditing of financial data during IAS through banks and corporate decision-makers, and the use of processes in decision making.…”

Section: External Auditorsmentioning

confidence: 99%

See 1 more Smart Citation

Does an External Governance Framework Enhance the Performance of Pakistan's Banking Sectors? Foreign Ownership as Moderator

Ali

Naveed

Khaliq

2020

Economy

View full text Add to dashboard Cite

Section: Resultsmentioning

confidence: 85%

Section: External Auditorsmentioning

confidence: 99%

Does an External Governance Framework Enhance the Performance of Pakistan's Banking Sectors? Foreign Ownership as Moderator

Ali

Naveed

Khaliq

2020

Economy

View full text Add to dashboard Cite

Professional Skepticism and Auditors’ Assessment of Misstatement Risks: The Moderating Effect of Experience and Time Budget Pressure

Hussin¹,

Iskandar²,

Saleh³

et al. 2017

Economics &Amp; Sociology

View full text Add to dashboard Cite

ABSTRACT.Background: This study employs a field experiment to examine the relationship between professional skepticism, experience, and time budget pressure on auditors' assessment of risk of misstatement. In addition, the study examines the moderating effect of experience and time budget pressure on the relationship between professional skepticism and auditors' assessment of risk from material misstatements; 2) Method: This study employs a multiple regression analysis on 248 auditors from both Big4 and non-Big4 firms; 3) The results indicate that professional skepticism and experience have positive effects while time budget pressure has a negative effect on auditors' assessment of risk from material misstatements; and 4) The positive effect of professional skepticism on auditors' assessment of risk from material misstatement is stronger among more experienced auditors than that among less experienced. On the other hand, the positive effect of professional skepticism on risk assessment is weaker when auditors work under high time budget pressure than that when they work under low time budget pressure. Additional analysis on the samples from the two selected areas, Kuala Lumpur and Selangor, produces consistent results indicating that the use of separate models for different samples is not necessary. Hence, the study uses a single model for the final analysis. The results provide a better understanding on whether the auditors are able to sustain professional skepticism with a given amount of relevant audit experience and under different levels of time budget pressure. JEL Classification: M41

show abstract

Impact of firm’s specific factors on audit fee of quoted consumer goods firms

Musa¹,

Salman²,

Amoo³

et al. 2020

CGSR

View full text Add to dashboard Cite

Greater pricing presume on audit service has been put by the regulations of the auditing and accounting practices for the disclosure of audit fees, since audit fee is directly related to audit quality. However, the audit fees perceived by the client is often different from the amount charged by the auditors. Hence, this study investigated the impact of firm-specific characteristics on audit fees of quoted consumer goods firms in Nigeria using a purposive sampling technique. Secondary data were obtained from annual reports of the companies for the period from 2009-2016. The empirical result from Breusch-Pagan Lagrange Multiplier Test (BP-LM) produced a chi-square value of 13.94 with p-value of 0.0001 indicating that pooled ordinary least squares (OLS) will not be appropriate for the study. The Hausman test showed a chi-square of 23.55 with a p-value of 0.001 indicating that the null hypothesis is strongly rejected. Thus, the only estimate from the fixed effect model was interpreted to explain the relationship between firm-specific characteristics and audit fees of quoted consumer goods firms in Nigeria. The result revealed that auditee size, auditee risk, auditee profitability and IFRS adoption are the firm specific characteristics that impact on audit fees with only auditee size and IFRS adoption being positively related to audit fees while the other factors are negatively related to audit fees. Based on this finding, this study concluded that the firm’s specific factors are the major drivers of audit fees in Nigeria consumer goods firms. This study recommends among others that companies should implement corporate governance principles that address issues relating to board independence and committee sizes to guide activities in the consumer goods sector since profitability behave negatively with audit fees.

show abstract

Recently aspects regarding International Auditing Standard 200 „Overall Objectives of the Independent Auditor and the Conduct of an Audit in Accordance with International Standards on Auditing”

Abstract: Abstract:The

Cited by 6 publications

References 0 publications

Does an External Governance Framework Enhance the Performance of Pakistan's Banking Sectors? Foreign Ownership as Moderator

Does an External Governance Framework Enhance the Performance of Pakistan's Banking Sectors? Foreign Ownership as Moderator

Professional Skepticism and Auditors’ Assessment of Misstatement Risks: The Moderating Effect of Experience and Time Budget Pressure

Impact of firm’s specific factors on audit fee of quoted consumer goods firms

Contact Info

Product

Resources

About