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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
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    File URL: http://feaa.ucv.ro/AUCSSE/0044v1-006.pdf
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    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)

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    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

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