Audit quality practices and the quality of financial reporting

Abstract EN

A primary goal of both financial reporting research and audit research is to understand the determinants of quality, and researchers in both areas have identified a wide set of variables that enhance or impair quality.

This study examines the impact of audit quality practices on the quality of financial reporting through a literature review and some studies using a descriptive and analytical method trying to find if there is a relation between audit quality practices and financial reporting quality.

The study found that there is a relationship between the measures of audit quality (auditor independence, technical training and proficiency and engagement performance) and financial reporting (measured in terms of reliability and relevance of financial report