The implications of auditing outsourcing on the sustainability of audit services

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Abstract

The overarching goal of this study is to clarify what is meant by the term “accounting outsourcing” and to identify the various accounting and auditing tasks that might be delegated to external auditors. Accounting auditors do more than just explain the benefits and drawbacks of outsourcing accounting and auditing services and other services. However, they also detail the specific outsourcing services that auditors provide in Iraq, and make suggestions for improving the efficiency and longevity of such services. The researchers used a questionnaire to collect data from businesses and auditors’ offices in Baghdad, and the descriptive analytical method to the hypotheses. The local environment study based on the contribution of Adams (2018) reveals that the bulk of the auditor’s work consists of economic feasibility studies and services closely related to auditings, such as internal control and fraud audits. Accounting and internal audits are two of the lowest-priority services. Subcontracting is the least prevalent form of support while enlisting the help of internal authorities to complete the work or providing only partial support is the most common.

Keywords: Corporate Governance, Consulting Services, Organizational Behavior, Cloud Computing

Authors’ individual contribution: Formal Analysis — S.H.H.A.; Investigation — S.H.H.A.; Data Curation — S.H.H.A.; Writing — Review & Editing — K.A.K.A.; Funding Acquisition — K.A.K.A.

Declaration of conflicting interests: The Authors declare that there is no conflict of interest.

JEL Classification: M1, M10, M14

Received: 17.05.2022
Accepted: 19.12.2022
Published online: 22.12.2022

How to cite this paper: Al-Taee, S. H. H., & Kadhim Al-Jauhar, K. A. (2022). The implications of auditing outsourcing on the sustainability of audit services [Special issue]. Corporate Governance and Organizational Behavior Review, 6(4), 328–337. https://doi.org/10.22495/cgobrv6i4sip13