Presentation of Components of Independent Audit Quality by Emphasizing on Meeting Beneficiaries’ Needs

Document Type : Research Paper


Department of Accounting, Central Tehran Branch, Islamic Azad University


Aim: If the independent audit, which is one of the tools for evaluation accuracy of information and financial relations, is done in a way that contains quality of components, It will enable stakeholders to be relatively confident of the accuracy of information and relationships based on it's results. For this reason, the purpose of the researchers in this study is to discover and identify the components of independent audit quality with an emphasis on meeting the needs of stakeholders.
Method: The present study has been conducted by qualitative method and is kind of fundamental research based on interpretive paradigm and inductive approach. Also, the research strategy is "emerging approach with Glaser approach" which has been done by theoretical sampling (purposeful sampling) from the community of academic experts and the independent auditing profession and conducting in-depth interviews with participants and constant attention to the theoretical saturation index.
Results: our findings have shown that 19 main components affect audit quality. The 19 components were classified into three levels using the clustering method: Audit quality components at the users level (4 components: responsibility and acceptance of part of the costs of achieving audit quality by stakeholders, Eliminate irrational goals and requests, Increase the level of understanding audit quality, Joint and several liability and responsiveness); Audit quality components at the level of auditing firms and auditors (5 components: Design and implementation of infrastructure that promotes and enhances audit quality, Human resource management and empowerment and training, Foresight in the field of audit quality and conducting scientific research, Increasing the size of audit firms and their share of auditing services market, Acquisition of behavioral, professional and professional competence by auditing firms and auditors); Components of audit quality at the level of auditing supervisory bodies (7 components: Correction of structural mismanagement and Effective fight against financial corruption and rent-seeking, encouraging audit firms to increase audit quality, effective qualitative monitoring of auditors' professional and behavioral performance, Strengthen and implement government social responsibilities towards the people and society, reforming deterrent government laws and regulations In the field of auditing, Establishment of mechanisms for reviewing the behavioral, professional, and professional competence of auditing firms and auditors by regulatory bodies, Increase joint and several liability and accountability of regulators, auditors, government officials and stakeholders for their performance towards each other and the community with the aim of reducing the expectation gap between them). Also, 3 components: Observance of the principles of ethics and cultural foundations, central mental and practical quality of managers and audit staff, observance of accounting and auditing standards are common at all levels.
Conclusion: Meeting the needs of stakeholders and their relative dissatisfaction with the quality of services provided in the field of independent auditing requires the use of effective components in improving the quality of services of auditing firms and auditors and reducing the level of stakeholder dissatisfaction and increasing the regulatory share of regulatory bodies.