Analyzing the application of business risk audit approach in Algeria's audit framework

Abstract EN

This study aims to address the attitude of international accounting and auditing firms (IAAFs) and highlight their reaction regarding the application of business risk audit (BRA) in Algerian audit environment.

this study is important because it helps to correct some of the misconceptions that “the Algerian audit environment so far is still only applicable for traditional audit approach (TAB)”.

therefore, an exploratory study was developed to elicit the opinions of 43 specialists in the field of auditing distributed on a few local companies.

the results of the study revealed that: the application of the business risk audit (BRA) equation is governed by several variables that are directly related to the characteristics and advantages of the local business environment, which in turn led to change IAAFs’ audit approach.