期刊名称：Journal of Poverty, Investment and Development
印刷版ISSN：2422-8397
出版年度：2016
卷号：24
页码：59-67
语种：English
出版社：Journal of Poverty, Investment and Development
摘要：The study examines respondents’ opinions on select issues concerning audit procedures and their relationship with quality control for statutory financial audit. Four integral aspects of audit activities including audit engagement, audit planning, audit sampling and audit documentation have been considered in order to select 19 variables based on their governing ‘Standards on Auditing’ (SAs) and consultation with practising professional accountants. These variables may have a relation with dependent variable like ‘Quality Control for Statutory Financial Audit’. Keeping in view of the matter, opinions of 227 CAs and 146 Students on these 20 variables are collected and empirically studied using Mean Score, Mann-Whitney Test and Pearson’s Correlation Coefficient and t test. Findings suggest that SAs governing the aforesaid issues are sufficient, while their proper implementation is needed. Besides competence and independence of engagement partners, involvement of all the members of an accounting firm in the audit process would bring effective results. Keywords: Audit Engagement, Audit Planning, Audit Sampling, Audit Documentation, Quality Control, Mean Score, Mann-Whitney, Pearson’s Correlation Coefficient, t test.
其他摘要：The study examines respondents’ opinions on select issues concerning audit procedures and their relationship with quality control for statutory financial audit. Four integral aspects of audit activities including audit engagement, audit planning, audit sampling and audit documentation have been considered in order to select 19 variables based on their governing ‘Standards on Auditing’ (SAs) and consultation with practising professional accountants. These variables may have a relation with dependent variable like ‘Quality Control for Statutory Financial Audit’. Keeping in view of the matter, opinions of 227 CAs and 146 Students on these 20 variables are collected and empirically studied using Mean Score, Mann-Whitney Test and Pearson’s Correlation Coefficient and t test. Findings suggest that SAs governing the aforesaid issues are sufficient, while their proper implementation is needed. Besides competence and independence of engagement partners, involvement of all the members of an accounting firm in the audit process would bring effective results. Keywords: Audit Engagement, Audit Planning, Audit Sampling, Audit Documentation, Quality Control, Mean Score, Mann-Whitney, Pearson’s Correlation Coefficient, t test.
