Audit quality: a qualitative analysis of the perceptions of financial statement preparers

Abstract

Audit quality is critical to ensuring the reliability of financial information and maintaining stakeholder trust. This study examines the determinants of perceived audit quality from the standpoint of financial statement preparers, key actors in the production and validation of accounting information. A qualitative investigation based on semi-structured interviews was conducted along four lines of inquiry: (1) the auditor’s competence and professionalism; (2) independence; (3) the audit process and methodology; and (4) the outcomes and impacts of engagements; (5) contextual factors related to regulation and environment. The findings show that technical competence, ethical stance, methodological rigor, and the ability to generate tangible improvements form the foundations of audit quality. The study also highlights the influence of regulatory and economic constraints on practice, as well as the need for an integrated approach combining technical, ethical, and organizational requirements.

Classification JEL : M42

Paper type : Empirical Research