DOES AUDIT EVIDENCE TYPE EFFECTS ON QUALITY OF AUDITOR’S OPINION?

Download This Article

Abstract

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.

Keywords: Libya, Audit Evidence, ISA 500, Auditor’s decision, Type of Evidence

How to cite this paper: Zakari, M. A. (2013). Does audit evidence type effects on quality of auditor’s opinion?. [Conference issue]. Corporate Ownership & Control, 11(1-2), 96-106. https://doi.org/10.22495/cocv11i1conf2p1