Open AccessDoes audit evidence type effects on quality of auditor’s opinion?
Author(s) -
Mohamed Abulgasem Zakari
Publication year - 2013
Publication title -
corporate ownership and control
Language(s) - English
Resource type - Journals
eISSN - 1810-0368
pISSN - 1727-9232
DOI - 10.22495/cocv11i1conf2p1
Subject(s) - audit , accounting , business , context (archaeology) , audit substantive test , external auditor , emerging markets , perception , auditor's report , quality audit , quality (philosophy) , audit evidence , joint audit , internal audit , psychology , finance , geography , philosophy , archaeology , epistemology , neuroscience
This paper investigates the extent of sufficiency and appropriateness of audit evidence obtained by auditors in the Libyan context. Particularly, this study examines the effects of the types of evidence on the quality of auditor’s decision. A questionnaire was used to collect data regarding the perceptions of the external, internal, state and taxation auditors on the effect of evidence type on auditor’s decision. To confirm and support the questionnaire findings semi-structured interviews were conducted with four target group. The results of the study indicate that evidence type has an impact on auditor’s report. The research makes a significant contribution to knowledge and practise in the auditing field in emerging countries. This is especially important given the changing economic climate in Libya and findings from this research can be applied to other emerging economies.