Journal Article

The Disclosure of Audit Quality Indicators and Audit Risk

Mohamed, Mohamed Abd El-Fattah, Ghorab, Mohamed Samy Mohamed Ali, El-Sisi, Nagwa Ahmed

2024

Overview

The main aim of this study is to propose a mechanism for disclosing audit quality indicators in Egypt that could enhance audit quality in the current modern audit environment. In addition, the goal of this study is to provide insights into how the disclosure of audit quality indicators influences the audit risk assessment and enhances overall financial reporting reliability in Egyptian security markets. This study used experimental design for testing the research hypotheses. The study population consisted of auditors from auditing firms, auditors from the Accountability State Authority, and academics. The results reveal that the participants' awareness of the significance of implementing the disclosure of audit quality indicators in Egypt. Moreover, the first and fifth hypotheses were accepted, and the second, third, fourth, and sixth hypotheses were rejected. This research contributes to the ongoing discussions about financial reporting transparency by providing experimental evidence on the relationship between disclosed audit quality indicators and audit risk assessment. The findings will inform regulators, auditors, and stakeholders about the potential benefits and challenges associated with enhancing transparency in audit processes.

• Publisher: جامعة عين شمس - كلية التجارة - قسم المحاسبة والمراجعة
• Subject: الإفصاح المحاسبي / التقارير المالية / جودة التدقيق / مراجعو الحسابات