The recent audit failures which have rocked financial markets
worldwide have accentuated the need for a better understanding of
the link between risk, control and audit quality; as well as
emphasising the need to open the "black box" of the ways auditing
firms actually function. Reflecting these imperatives, Auditing
Teams unravels the organizational and management issues in audit
firms that are key to achieving effectiveness in service provision.
Specifically, this key research reflects upon the relevance and
dynamics of auditing teams and their impact on auditing quality,
and specifically responding to the recent claim from regulators
which highlights auditing team characteristics as the source of
wide variations in quality. By leveraging different perspectives -
auditing, management accounting, organization and psychology - to
investigate auditing teams and basing on evidence collected from
the professional world, this book will provide a unique insight
into the role of auditing teams on audit quality. It will be of
great interest to scholars and advanced students in auditing, as
well as to practitioners and regulators in the field.
General
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