A Decade of Independent Audit Oversight: A Literature Review Study

• In Event: Breakfast and Research Forum
  In Roundtable Session: Table 13: Literature Review/Synthesis

Abstract

Researchers have different views regarding the independent supervision of the audit profession. While some prior research argues that auditors should be supervised by independent regulators in order to enhance the quality and reliability of their audit reports, others believe that auditing became a highly regulated profession and this affected the quality of the audit judgment. This paper provides a historical review of the independent audit oversight system in the auditing literature during the last decade in order to provide a better understanding of the effectiveness of such a system and its effects on the audit market. It also suggests areas for further study as
there is a scarcity of research in this area.

Authors

• Mohamed Khaled Amr Eldaly, Anglia Ruskin University

• Magdy Gamal Abdel-Kader, Anglia Ruskin University