IDEAS home Printed from https://ideas.repec.org/a/aio/aucsse/v1y2016i44p59-70.html
   My bibliography  Save this article

Evaluating The Role Of The Regulators Of The External Audit Profession In Achieving The Audit Quality In Iraq

Author

Listed:
  • Fedaa Abd Almajid Sabbar Alaraji

    (University of Craiova Faculty of Economics and Business Administration)

  • Andrea Gabriela Ponorîc?

    (University of Bucharest Faculty of Accounting and Management Information Systems)

  • Ahmed Hamid Juhi Al Saedi

    (University of Bucharest Faculty of Accounting and Management Information Systems)

  • Elena Iuliana Ion

    (University of Craiova Faculty of Economics and Business Administration)

Abstract

The profession of quality auditing can have direct or indirect effects on the performance of accountants and auditors. Both particular research and professional recommendations provided evidence on measuring and evaluating service performance of audit profession by taking into account the relationship between quality and accountant performance. Applied research was developed in Republic of Iraq to reveal the function of bodies that regulate external audit for achieving the required level of audit quality and for identifying the obstacles that prevent the compliance with International Auditing Standards. Research focuses on the role of these bodies in order to achieve the quality of audit by implementing a quality control system. Its benefits reduce chances of criticisms and weaknesses, improving the auditing environment in Iraq.

Suggested Citation

  • Fedaa Abd Almajid Sabbar Alaraji & Andrea Gabriela Ponorîc? & Ahmed Hamid Juhi Al Saedi & Elena Iuliana Ion, 2016. "Evaluating The Role Of The Regulators Of The External Audit Profession In Achieving The Audit Quality In Iraq," Annals of University of Craiova - Economic Sciences Series, University of Craiova, Faculty of Economics and Business Administration, vol. 1(44), pages 59-70.
    • Handle: RePEc:aio:aucsse:v:1:y:2016:i:44:p:59-70
    as

    Download full text from publisher

    File URL: http://feaa.ucv.ro/AUCSSE/0044v1-006.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Hope, Ole-Kristian & Langli, John Christian & Thomas, Wayne B., 2012. "Agency conflicts and auditing in private firms," Accounting, Organizations and Society, Elsevier, vol. 37(7), pages 500-517.
    2. repec:hur:ijaraf:v:5:y:2015:i:1:p:92-102 is not listed on IDEAS
    3. Jerry Sun & Guoping Liu, 2011. "Client-specific litigation risk and audit quality differentiation," Managerial Auditing Journal, Emerald Group Publishing, vol. 26(4), pages 300-316, April.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Vanessa Carvalho Pereira & Antonio Gualberto Pereira & José Sérgio Casé Oliveira, 2023. "Influence of ownership structure on the choice of Big Four independent auditors," International Journal of Disclosure and Governance, Palgrave Macmillan, vol. 20(3), pages 316-326, September.
    2. Campa, Domenico, 2019. "Earnings management strategies during financial difficulties: A comparison between listed and unlisted French companies," Research in International Business and Finance, Elsevier, vol. 50(C), pages 457-471.
    3. Santiago Lago-Peñas & Mercedes Mareque Álvarez-Santullano & Elena Rivo-López & Mónica Villanueva-Villar, 2017. "Determining factors for audit opinion in private family and non-family firms. Evidence from Spain," Working Papers. Collection C: Family business 1701, Universidade de Vigo, GEN - Governance and Economics research Network.
    4. Suman Lodh & Monomita Nandy & Jaskaran Kaur, 2023. "Influence of governance bundles and directors' social capital on cash holding in foreign cross‐listed firms," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 28(4), pages 4271-4298, October.
    5. Jani Saastamoinen & Hanna Savolainen, 2021. "Does a leopard change its spots? Auditors and lawyers as valuation experts for minority shareholders in the judicial appraisal of private firms," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 48(3-4), pages 613-636, March.
    6. repec:ipg:wpaper:2014-417 is not listed on IDEAS
    7. Ryan Federo & Yuliya Ponomareva & Ruth V. Aguilera & Angel Saz‐Carranza & Carlos Losada, 2020. "Bringing owners back on board: A review of the role of ownership type in board governance," Corporate Governance: An International Review, Wiley Blackwell, vol. 28(6), pages 348-371, November.
    8. Corten, Maarten & Steijvers, Tensie & Lybaert, Nadine, 2017. "The effect of intrafamily agency conflicts on audit demand in private family firms: The moderating role of the board of directors," Journal of Family Business Strategy, Elsevier, vol. 8(1), pages 13-28.
    9. Asif M. Huq & Fredrik Hartwig & Niklas Rudholm, 2022. "Do audited firms have a lower cost of debt?," International Journal of Disclosure and Governance, Palgrave Macmillan, vol. 19(2), pages 153-175, June.
    10. Ionela Munteanu, 2020. "Financial Reporting Quality and Operational Efficiency in the Coastal Region of Romania," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 978-984, December.
    11. Mattias Sandgren & Timur Uman & Mattias Nordqvist, 2023. "Accountants in family firms—a systematic literature review," Small Business Economics, Springer, vol. 61(1), pages 349-388, June.
    12. Felipe Restrepo & Jérôme P. Taillard, 2022. "Private firms’ incentives and opportunities to manage earnings: Evidence from the use of inflation adjustments," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 49(1-2), pages 69-110, January.
    13. Mehmet nsal Memis & Emin H seyin Cetenak, 2012. "Earnings Management, Audit Quality and Legal Environment: An International Comparison," International Journal of Economics and Financial Issues, Econjournals, vol. 2(4), pages 460-469.
    14. Maarten Corten & Tensie Steijvers & Nadine Lybaert & Céline Coeckelbergs, 2021. "The Influence of the CEO on Auditor Choice in Private Firms: An Interplay of Willingness and Ability," Sustainability, MDPI, vol. 13(12), pages 1-19, June.
    15. Manoel, Aviner Augusto Silva & Moraes, Marcelo Botelho da Casta & Santos, David Ferreira Lopes & Pündrich, Gabriel Pereira, 2021. "Audit quality and the cost of debt in private firms: evidence from the Brazilian sugarcane industry," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 25(01), July.
    16. Ole-Kristian Hope & Shushu Jiang & Dushyantkumar Vyas, 2021. "Government procurement and financial statement certification: Evidence from private firms in emerging economies," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 52(4), pages 718-745, June.
    17. Wouter Dutillieux & Donald Stokes & Marleen Willekens & Gary Monroe, 2013. "Strategic pricing by Big 4 audit firms in private client segments," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 53(4), pages 961-994, December.
    18. Ole-Kristian Hope & Han Wu & Wuyang Zhao, 2017. "Blockholder exit threats in the presence of private benefits of control," Review of Accounting Studies, Springer, vol. 22(2), pages 873-902, June.
    19. Ikseon Suh & Adi Masli & John T. Sweeney, 2021. "Do Management Training Grounds Reduce Internal Auditor Objectivity and External Auditor Reliance? The Influence of Family Firms," Journal of Business Ethics, Springer, vol. 173(1), pages 205-227, September.
    20. Dominik van Aaken & Maximilian Göbel & Daniel Meindl, 2020. "Monitor or Advise? How Family Involvement Affects Supervisory Board Roles in Family Firms," Schmalenbach Business Review, Springer;Schmalenbach-Gesellschaft, vol. 72(2), pages 193-224, April.
    21. Reiner Quick & Niklas Schenk & Florian Schmidt & Thilo Towara, 2018. "The impact of corporate governance on auditor choice: evidence from Germany," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 22(2), pages 251-283, June.

    More about this item

    Keywords

    audit quality; external audit profession; Iraq’s audit environment;
    All these keywords.

    JEL classification:

    • M42 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Auditing
    • M49 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Other

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aio:aucsse:v:1:y:2016:i:44:p:59-70. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Anca Bandoi The email address of this maintainer does not seem to be valid anymore. Please ask Anca Bandoi to update the entry or send us the correct address (email available below). General contact details of provider: https://edirc.repec.org/data/fecraro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.