Factors influencing the performance of external auditors in indigenous audit firms
- Author
- Mandipaza, Cleopatra A.
- Title
- Factors influencing the performance of external auditors in indigenous audit firms
- Abstract
- This paper reached on the factors that influence the performance of external auditors in indigenous audit firms. The study intended to examine the influence of (independence, competence, audit fees, firm size and work experience) on external auditors' performance in indigenous audit firms. It was broadened to identify strategies used by audit firms to improve performance and also the challenges faced by external auditors' in indigenous audit firms when carrying out audits. Questionnaires were used to collect the data and only primary data was used. The population of the study are indigenous audit firms that are listed on the PAAB Registered firms-ICAZ. To fulfill the intentions of the study, an assessment was done and 25 firms were selected randomly whereby 4 individuals on each firm were the respondents namely; audit partners, audit supervisors, audit manager and audit seniors. 100 questionnaires were dispersed to the respondents. For appropriate empirical results, SPSS was implemented. Linear regression analysis notices the influence of factors on performance of external auditors. The outcome reviewed that external auditor performance is influenced by the independence of the auditor, competence of the auditor, audit fees and experience. The research offers handful material to experts and researchers who are concerned in pinpointing factors that have an influence on performance. In order to close the gap, this study examines, among other things, how audit fees, auditor independence, auditor competence and experience influences the performance of auditors in indigenous audit firms. The scholar suggests that the government establish sound policies to enhance quality of audit work by Zimbabwean audit firms.
- Date
- 2022
- Publisher
- BUSE
- Keywords
- Indigenous audit
- External auditors
- Supervisor
- N/A
- Item sets
- Department of Accountancy
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