دانلود رایگان مقاله انگلیسی یک مطالعه تجربی از شکاف عملکرد انتظارات حسابرسی: مورد لیبی - الزویر 2017

ABSTRACT

The purpose of this research is to empirically examine the causes of the audit expectation gap in Libya. The study builds on the frameworks developed by Porter (1993) and Porter & Gowthorpe (2004) to investigate the influence of the audit expectation gap to the auditing profession in the case of Libya. The data was collected through a questionnaire survey randomly selected members of four broad interest groups including auditors, auditees and audit beneficiaries both inside and outside the financial community were followed by in-depth interviews. A total of 988 questionnaires were distributed from which 431 questionnaires with usable responses were received from four groups. The overall usable response rate was 44%, ranging from 47% for the financial community audit beneficiaries to 41% for the auditors group. The findings of the study revealed that there exists audit expectation-performance gap and that the gap is as result of the following factors in different levels of percentages. Deficiency standards and deficient performance gaps constitute 49% and 15%, respectively, of the audit expectation-performance gap. The audit expectationperformance gap derives from society having unreasonable expectations of auditor’s significant proportion 36% of the gap. As result of the following interviews demonstrated that the objectives of auditing are not as clear to the financial statement users as they are to the auditors and the financial statement preparers in Libyan business environment. Further, we observe that reducing the expectations gap is to improve knowledge responsibilities between the auditors and user groups and understanding of the auditor’s role and responsibilities through the provision of auditing illegal acts.

7. Summary and conclusion

The objective of this study is to investigate whether an audit expectations gap exists in professional in the Libyan business environment in more depth in an emerging economy than previous works by scholars such as Gramling et al. (1996), Hussain (2003), Al Otaibi (2003), Fadzly and Ahmad (2004), Chowdhury et al. (2005) Dixon et al. (2006), Lee et al. (2007), Noghondari and Foong (2009), Omane-Antwi (2009), and Agyei et al. (2013) in relation to the gap between what society expects of auditors and its perception of their performance, is therefore of great importance to the auditing profession. Specifically, the framework model of the audit expectation-performance gap proposed by Porter (1993) and Porter and Gowthorpe (2004), and Porter et al. (2012), is adopted with minor modifications according to auditing standards and auditing profession in Libya. Using a combination of mail questionnaires and semi-structured interviews, the study reveals the interest groups’ responses to the questions relating to the standard of auditors’ performance and the responsibilities they should perform. This study contributes in an important way towards narrowing the audit expectation gap and identifying ways in which auditor's reports can be made more informative and valuable to those who understand it.