Does reliance on internal auditors’ work reduced the external audit cost and external audit work?
The main objective of this study is to examine whether reliance by the external auditors on the internal auditors’ work lead to a reduction in the external audit cost and external audit work.Two different questionnaire surveys were sent to 387 head of internal auditors and 142 external auditors of t...
Saved in:
Main Author: | |
---|---|
Format: | Conference or Workshop Item |
Language: | English |
Published: |
Elsevier Ltd.
2014
|
Subjects: | |
Online Access: | http://repo.uum.edu.my/13452/1/89.pdf http://repo.uum.edu.my/13452/ http://dx.doi.org/10.1016/j.sbspro.2014.11.158 |
Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
id |
my.uum.repo.13452 |
---|---|
record_format |
eprints |
spelling |
my.uum.repo.134522016-04-18T06:40:21Z http://repo.uum.edu.my/13452/ Does reliance on internal auditors’ work reduced the external audit cost and external audit work? Saidin, Siti Zabedah HF5601 Accounting The main objective of this study is to examine whether reliance by the external auditors on the internal auditors’ work lead to a reduction in the external audit cost and external audit work.Two different questionnaire surveys were sent to 387 head of internal auditors and 142 external auditors of the English local authorities, yielding a response rate of 43.9% and 45.0% respectively.Findings of the study show that the external auditors in English local authorities perceived that their reliance on internal audit work has no effect on the external audit fees or on the external audit work.Internal auditors in English local authorities perceived the external auditors’ reliance on their work has no effect on the external audit fees but has reduced the extent of the external audit work.To conclude, the reliance on internal audit work in the local authorities in England does not have much impact on reducing external audit fees and external audit work.However, it does help to minimize increases in external audit fees. Elsevier Ltd. 2014 Conference or Workshop Item PeerReviewed application/pdf en cc_by_nc_nd http://repo.uum.edu.my/13452/1/89.pdf Saidin, Siti Zabedah (2014) Does reliance on internal auditors’ work reduced the external audit cost and external audit work? In: International Conference on Accounting Studies (ICAS) 2014, 18 - 19 August 2014, Putra World Trade Centre, Kuala Lumpur. http://dx.doi.org/10.1016/j.sbspro.2014.11.158 doi:10.1016/j.sbspro.2014.11.158 |
institution |
Universiti Utara Malaysia |
building |
UUM Library |
collection |
Institutional Repository |
continent |
Asia |
country |
Malaysia |
content_provider |
Universiti Utara Malaysia |
content_source |
UUM Institutionali Repository |
url_provider |
http://repo.uum.edu.my/ |
language |
English |
topic |
HF5601 Accounting |
spellingShingle |
HF5601 Accounting Saidin, Siti Zabedah Does reliance on internal auditors’ work reduced the external audit cost and external audit work? |
description |
The main objective of this study is to examine whether reliance by the external auditors on the internal auditors’ work lead to a reduction in the external audit cost and external audit work.Two different questionnaire surveys were sent to 387 head of internal auditors and 142 external auditors of the English local authorities, yielding a response rate of 43.9% and 45.0% respectively.Findings of the study show that the external auditors in English local authorities perceived that their reliance on internal audit work has no effect on the external audit fees or on the external audit work.Internal auditors in English local authorities perceived the external auditors’ reliance on their work has no effect on the external audit fees but has reduced the extent of the external audit work.To conclude, the reliance on internal audit work in the local authorities in England does not have much impact on reducing external audit fees and external audit work.However, it does help to minimize increases in external audit fees. |
format |
Conference or Workshop Item |
author |
Saidin, Siti Zabedah |
author_facet |
Saidin, Siti Zabedah |
author_sort |
Saidin, Siti Zabedah |
title |
Does reliance on internal auditors’ work reduced the external audit cost and external audit work? |
title_short |
Does reliance on internal auditors’ work reduced the external audit cost and external audit work? |
title_full |
Does reliance on internal auditors’ work reduced the external audit cost and external audit work? |
title_fullStr |
Does reliance on internal auditors’ work reduced the external audit cost and external audit work? |
title_full_unstemmed |
Does reliance on internal auditors’ work reduced the external audit cost and external audit work? |
title_sort |
does reliance on internal auditors’ work reduced the external audit cost and external audit work? |
publisher |
Elsevier Ltd. |
publishDate |
2014 |
url |
http://repo.uum.edu.my/13452/1/89.pdf http://repo.uum.edu.my/13452/ http://dx.doi.org/10.1016/j.sbspro.2014.11.158 |
_version_ |
1644281188069670912 |
score |
13.18916 |