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Implementing Public Accountant Professional Standards to Improve Audit Quality in Public Accountant Firms in East Java, Indonesia

Author

Listed:
  • Indrayati

    (Accounting Department State Polytechnic of Malang, East Java, Indonesia)

  • Sumiadji

    (Accounting Department State Polytechnic of Malang, East Java, Indonesia)

  • Jaswadi

    (Accounting Department State Polytechnic of Malang, East Java, Indonesia)

Abstract

The purpose of this research is to adopt public accounting professional standards in Malang and Surabaya, East Java, Indonesia, in order to improve audit quality. A total of 150 junior and senior auditors, supervisors, managers, and partners from public accounting companies in Malang and Surabaya, Indonesia, were included in the sample. The study's findings revealed that the competency of the auditors performing audits on behalf of the customer had an impact on the audit quality. Recommendations for improving audit quality based on public accountants' professional standards should be maximized and implemented to public accountants' audits on the client side so that auditor quality improves and more assignments are completed.

Suggested Citation

  • Indrayati & Sumiadji & Jaswadi, 2022. "Implementing Public Accountant Professional Standards to Improve Audit Quality in Public Accountant Firms in East Java, Indonesia," International Journal of Finance & Banking Studies, Center for the Strategic Studies in Business and Finance, vol. 11(1), pages 34-45, January.
    • Handle: RePEc:rbs:ijfbss:v:11:y:2022:i:1:p:34-45
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    References listed on IDEAS

    as
    1. Lawrence P. Kalbers & William J. Cenker, 2007. "Organizational commitment and auditors in public accounting," Managerial Auditing Journal, Emerald Group Publishing, vol. 22(4), pages 354-375, April.
    2. Guy D. Fernando & Ahmed M. Abdel‐Meguid & Randal J. Elder, 2010. "Audit quality attributes, client size and cost of equity capital," Review of Accounting and Finance, Emerald Group Publishing Limited, vol. 9(4), pages 363-381, November.
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