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Factors Affecting Audit Quality: Evidence from Jordan

Author

Listed:
  • Khaled Aburisheh

    ("Department of Accounting and Accounting Information System, Amman University College, Al-Balqa Applied University, Jordan" Author-2-Name: Salih Nofal Author-2-Workplace-Name: "Department of Accounting and Accounting Information System, Amman University College, Al-Balqa Applied University, Jordan" Author-3-Name: Author-3-Workplace-Name: Author-4-Name: Author-4-Workplace-Name: Author-5-Name: Author-5-Workplace-Name: Author-6-Name: Author-6-Workplace-Name: Author-7-Name: Author-7-Workplace-Name: Author-8-Name: Author-8-Workplace-Name:)

Abstract

" Objective - This study explores the factors influencing audit quality in Jordan, focusing on professional competence, auditor qualifications, availability and independence, professional experience, awareness of audit importance, and audit fees. Methodology/Technique - Drawing from a sample of 454 Jordanian legal auditors, the research employs a questionnaire-based methodology. Findings - Results indicate a significant impact of the studied factors on audit quality, with audit fees being the most influential, followed by auditor objectivity and independence. Professional competence, academic qualifications, professional experience, and awareness of the importance of audits also contribute to audit quality. These findings underscore the importance of fair fee structures, maintaining auditor independence, and emphasizing professional competence to enhance audit quality and public trust. Novelty - The study recommends setting fees aligned with task complexity and upholding auditor independence for meaningful audit opinions. Type of Paper - Empirical"

Suggested Citation

  • Khaled Aburisheh, 2023. "Factors Affecting Audit Quality: Evidence from Jordan ," GATR Journals afr227, Global Academy of Training and Research (GATR) Enterprise.
    • Handle: RePEc:gtr:gatrjs:afr227
    DOI: https://doi.org/10.35609/afr.2023.8.3(1)
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    References listed on IDEAS

    as
    1. Alhababsah, Salem, 2019. "Ownership structure and audit quality: An empirical analysis considering ownership types in Jordan," Journal of International Accounting, Auditing and Taxation, Elsevier, vol. 35(C), pages 71-84.
    2. ALIU Momodu Mohammed & Okpanachi Joshua & Mohammed Nma Ahmed, 2018. "Audit Fees and Audit Quality: A Study of Listed Companies in the Downstream Sector of Nigerian Petroleum Industry," Humanities and Social Sciences Letters, Conscientia Beam, vol. 6(2), pages 59-73.
    3. ALIU Momodu Mohammed & Okpanachi Joshua & Mohammed Nma Ahmed, 2018. "Audit Fees and Audit Quality: A Study of Listed Companies in the Downstream Sector of Nigerian Petroleum Industry," Humanities and Social Sciences Letters, Conscientia Beam, vol. 6(2), pages 59-73.
    4. DeZoort, Todd & Harrison, Paul & Taylor, Mark, 2006. "Accountability and auditors' materiality judgments: The effects of differential pressure strength on conservatism, variability, and effort," Accounting, Organizations and Society, Elsevier, vol. 31(4-5), pages 373-390.
    5. DeAngelo, Linda Elizabeth, 1981. "Auditor size and audit quality," Journal of Accounting and Economics, Elsevier, vol. 3(3), pages 183-199, December.
    6. Malik Muneer Abu Afifa & Isam Saleh & Fatima Taqatqah, 2023. "Mediating influence of earnings management in the nexus between audit quality and company value: new proof from Jordanian market," Accounting Research Journal, Emerald Group Publishing Limited, vol. 36(2/3), pages 148-165, April.
    7. repec:eme:ijlma0:ijlma-10-2015-0054 is not listed on IDEAS
    8. Mohammad Ahmad Alqam & Yaser Mohd Hamshari & Haitham Yousef Ali, 2021. "The Mediating Effects of Key Audit Matters on the Relationship Between Audit Quality and Earnings Management: Evidence from Jordan," Humanities and Social Sciences Letters, Conscientia Beam, vol. 9(4), pages 403-416.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Audit Quality; Professionalism; Availability; Professional Experience; Audit Fees.;
    All these keywords.

    JEL classification:

    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting
    • M42 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Auditing
    • M48 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Government Policy and Regulation

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