Review of Measuring Audit Quality
Quality of
auditing remains an issue of concern to the profession, the government and the
investors. According to the Basel Committee (2008), there is no tool to measure
audit quality, but there are recent efforts that appraised how to measure it.
In spite of the extent of that literature, no single generally accepted
definition of audit quality so far merged, nor any single generally accepted
measure, many of studies found that consensus has not been reached on how audit
quality should be measured. There are some audit bodies do not have a generally
accepted definition of audit quality nor a universally accepted measuring
technique. This difference has led to researchers to disagree on the factors
that lead to enhancing the audit quality and as a consequence, prior studies
have used several surrogates for measuring audit quality. This paper reviews
empirical studies over the past decades from all over the world in order to
assess what researchers have done about audit quality issue and identify gaps
in the literature where further research is needed.
MARAI.A.D.ABDALLA, (7-2017)