Professional Independence and Quality Control in Audit Practice of Selected Accounting Firms
Quick Navigation for Final Year Undergraduates, Masters (Thesis), and Ph.D. Dissertation Students Who Need Our Services on Their Research Works
| Find More Project Topics | FIND HERE |
| Hire Us for Thesis Works | HIRE NOW |
| Hire Us for Project Works | HIRE NOW |
| Hire Us for Seminar Works | HIRE NOW |
| Hire Us for Assignments | HIRE NOW |
| Hire Us for Proposals | HIRE NOW |
| Contact Us | HERE NOW |
Abstract on Professional Independence and Quality Control in Audit Practice of Selected Accounting Firms
The failure of many business organization after an unqualified audit opinion has been given by the external auditors in the same accounting year, have made the public to question the credibility, independence and integrity of external auditors. This research work was carried out to:
- Find out the challenges to auditors independence in an audit and
- The methods and techniques adopted in ensuring independence.
The population of the study was made up of employees of two (2) selected audit firms in Uyo. A sample size of twenty four (24) auditors were selected and a primary data were sourced through the use of questionnaire. Data were analyzed and four research questions were validated.
The study reveals that auditors are not independent due to the following factors: undue dependence on client for loans, acceptance of goods and services as a gift or hospitality from clients. The study concludes that although the code of professional ethics are provided for auditors to ensure their independence, most auditors only adhere partially to the code.
The study therefore recommends the creation of conducive atmosphere for external auditors by the professional bodies, the government, and also the users of the audited financial statement
Disclaimer
This research material is intended for academic use only and should be used as a guide in constructing your research project and seminar presentation. You should never duplicate the content word for word (verbatim), as SCHOOLTHESIS.COM will not be held liable for anyone who does.
The purpose of publishing this material is to alleviate the stress of hopping from one school library to the next in search of research materials. This service is lawful because all educational institutions allow students to read past projects, papers, books, and articles while working on their own.
SCHOOL THESIS is merely giving this information as a research reference. Use the document as a reference or structure for your own research paper. This paper’s content should be able to assist you in coming up with new ideas and thoughts for your own study
Professional Independence and Quality Control in Audit Practice of Selected Accounting Firms research paper, should only be used as a guide.