Home  About us  Contact
 

Auditors' Perceptions (auditor + perception)

Distribution by Scientific Domains
Business, Economics, Finance and Accounting100%

Selected Abstracts

Do Different Audit Report Formats Affect Shareholders' and Auditors' Perceptions?

INTERNATIONAL JOURNAL OF AUDITING, Issue 3 2008
Kar-Ming Chong
This study investigates the impact of three different audit report formats on shareholders' and auditors' perceptions. The formats are derived from the Guidance Note Report to Australian Standard AUS702 which aims to improve communications between auditors and shareholders. Formats include an expanded report, a ,plain language' expanded report with the audit opinion at the end, and a ,plain language' expanded report with the audit opinion at the start. A questionnaire research instrument was mailed to shareholders and auditors. In general, the audit report formats did not reduce the expectations gap between shareholders and auditors. A greater number of significant differences between shareholders' and auditors' perceptions were evident for the expanded format (vis-à-vis the AUS 702 short format), while fewer significant differences existed for the ,plain language' expanded report with the audit opinion at the start. [source]

Auditors' Perceptions of Time Budget Pressure, Premature Sign Offs and Under-Reporting of Chargeable Time: Evidence from a Developing Country

INTERNATIONAL JOURNAL OF AUDITING, Issue 3 2006
Teerooven Soobaroyen
This study examines the existence and effects of auditors' time budget pressure, premature sign-offs (PSO) and under-reporting of chargeable time (URT) in the context of a developing country, namely Mauritius. Several antecedent variables of budget pressure were also considered. Based on a mailed questionnaire survey, the perceived extent of time budget pressure (as measured by budget tightness) was found to be significantly lower than in other developed countries (United Kingdom, Ireland, New Zealand and United States). Significant cross-national differences were also observed for the levels of PSO and URT. Although budget tightness was significantly related to PSO, this was not the case for URT. This has led to the suggestion that URT may be less dependent on levels of budget tightness and may have become an ,institutionalised' practice within audit firms. Finally, none of the hypothesised antecedent variables were significantly related to budget tightness. [source]

Do Different Audit Report Formats Affect Shareholders' and Auditors' Perceptions?

INTERNATIONAL JOURNAL OF AUDITING, Issue 3 2008
Kar-Ming Chong
This study investigates the impact of three different audit report formats on shareholders' and auditors' perceptions. The formats are derived from the Guidance Note Report to Australian Standard AUS702 which aims to improve communications between auditors and shareholders. Formats include an expanded report, a ,plain language' expanded report with the audit opinion at the end, and a ,plain language' expanded report with the audit opinion at the start. A questionnaire research instrument was mailed to shareholders and auditors. In general, the audit report formats did not reduce the expectations gap between shareholders and auditors. A greater number of significant differences between shareholders' and auditors' perceptions were evident for the expanded format (vis-à-vis the AUS 702 short format), while fewer significant differences existed for the ,plain language' expanded report with the audit opinion at the start. [source]

Auditors' Ability to Resist Client Pressure and Culture: Perceptions in China and the United Kingdom

JOURNAL OF INTERNATIONAL FINANCIAL MANAGEMENT & ACCOUNTING, Issue 2 2008
Kenny Z. Lin
Ongoing corporate scandal and audit failure raise serious concerns about the ability of auditors to resist client pressure. Based on a sample of 93 auditors from China and the United Kingdom (U.K.), we analyze the effect of specificity of accounting standard, level of auditor tenure, provision of management advisory services (MAS) and degree of audit market competition on perceptions of auditors' ability to withstand client pressure in audit conflict situations. We draw on cultural differences to explain differences in auditors' perceptions in the respective countries. Our findings are consistent with national cultural characteristics identified in the research literature. We find that U.K. auditors perceive specificity of accounting standards, auditor tenure, MAS and competition as less likely to affect decisions as to whether or not to accept clients' preferred accounting treatments than do their Chinese counterparts. Additionally while Chinese auditors perceive MAS and competition to be significant factors, they perceive accounting standard specificity and auditor tenure to be insignificant. For U.K. auditors, these results are reversed. The results may be relevant to international audit firms operating cross-culturally and seeking to apply common audit procedures or codes of professional conduct in different national settings. [source]