Browsing by Author "Assefa, Nafkot"

Now showing 1 - 1 of 1
  • No Thumbnail Available
    Item
    Determinates of External Audit Quality: The Case of Private Audit Firms
    (A.A.U, 2021-05) Assefa, Nafkot; Worku, Temesegen (Phd)
    The aim of this study is to assess the determinant factors affecting external audit quality in Ethiopian audit firms. Namely External audit quality, External Auditors Professionalism, level of Education, work Experience, evidence-based approach and independence. Considering this objective, the study adopted quantitative method of research approaches to test a series research hypothesis. Specifically, the study used primary data through close ended questionnaires. From the total population of One hundred thirty-two external audit firms licensed and registered in Addis Ababa Accounting in Auditing Board of Ethiopia (AABE), Forty audit firms are selected based on convenience sampling and one hundred sixty fore questionnaires are distributed. Seven questionnaires are distributed for each firm. The questionnaires are answered by principal/partners, Director/ Audit Managers,senior and Junior audit position. The results of multiple regression reveal that Auditors’ professionalism, auditors’ level of education, and auditors’ independence have positive and significant effects on external audit quality and auditors’ work experience and Auditors’ evidence-based approach have a positive and negative with insignificant effect on external audit quality. Therefore, this is a clear signal to audit firms, professional associations and the Accounting and Auditing Board of Ethiopia (AABE) not to ignore the key determinant factors of Auditors’ professionalism, auditors’ level of education, and auditors’ independence.