Affiliation:
1. University of Baghdad
2. Middle Technical University
3. University of Kufa
4. University of Tunis
Abstract
The study investigates the impact of audit committee performance (ACP) and audit team (AT) characteristics on audit quality. The research problem emerges when we question whether the characteristics of audit committees (ACs) impact audit quality. Additionally, an inquiry arises regarding the influence of the characteristics of the audit (CAT) team within the audit offices of Iraqi audit firms (AFs) on the audit quality. ACP characteristics include the number of members, independent members, financial and accounting experience of committee members, meeting frequency, and the presentation of financial annual reports (FARs) and auditor’s reports. CAT encompasses the team’s number, experience and industrial specialization (EIS), auditor’s judgment, and time required for audit tasks. We relied on a study (Husain, 2020; Alderman & Jollineau, 2020; Al-taee & Flayyih, 2022) in the study model design. The sample comprises 82 firms from the Iraq Stock Exchange with disclosed financial reports (2021–2022). The results reveal that the presentation of FARs and the industrial specialization and experience of CAT significantly influence audit quality, while other variables show no significant impact.
Reference66 articles.
1. Abass, Z. K., Al-Abedi, T. K., & Flayyih, H. H. (2023). Integration between COBIT and COSO for internal control and its reflection on auditing risk with corporate governance as the mediating variable. International Journal of Economics and Finance Studies, 15(2), 40–58. https://sobiad.org/menuscript/index.php/ijefs/article/view/1496
2. Abdillah, M. R., Mardijuwono, A. W., & Habiburrochman, H. (2019). The effect of company characteristics and auditor characteristics to audit report lag. Asian Journal of Accounting Research, 4(1). https://doi.org/10.1108/AJAR-05-2019-0042
3. Afenya, M. S., Arthur, B., Kwarteng, W., & Opoku, P. (2022). The impact of audit committee characteristics on audit fees; evidence from Ghana. Cogent Business & Management, 9(1), Article 2141091. https://doi.org/10.1080/23311975.2022.2141091
4. Alderman, J., & Jollineau, S. J. (2020). Can audit committee expertise increase external auditors’ litigation risk? The moderating effect of audit committee independence. Contemporary Accounting Research, 37(2), 717–740. https://doi.org/10.1111/1911-3846.12549
5. Ali, S. I., Al-taie, B. F. K., & Flayyih, H. H. (2023). The effects of negative audit and audit environment on the internal auditor performance: Mediating role of auditing process independence. International Journal of Economics and Finance Studies, 15(1), 64–79. https://www.researchgate.net/publication/369475757_THE_EFFECTS_OF_NEGATIVE_AUDIT_AND_AUDIT_ENVIRONMENT_ON_THE_INTERNAL_AUDITOR_PERFORMANCE_MEDIATING_ROLE_OF_AUDITING_PROCESS_INDEPENDENCE
Cited by
1 articles.
订阅此论文施引文献
订阅此论文施引文献，注册后可以免费订阅5篇论文的施引文献，订阅后可以查看论文全部施引文献