Audit Quality

1. Front Matter

   Pages I-XXIII

   PDF

2. Introduction

   • Jonas Tritschler

   Pages 1-6

3. Literature Review and Current Issues

   • Jonas Tritschler

   Pages 7-67

4. Audit Quality Measure Based on Reporting Errors

   • Jonas Tritschler

   Pages 69-145

5. Reporting Errors and Audit Firm Characteristics

   • Jonas Tritschler

   Pages 147-192

6. Summary and Conclusions

   • Jonas Tritschler

   Pages 193-197

7. Back Matter

   Pages 199-235

   PDF

Arising from the author’s experience as a practicing CPA, this book is quite different from other research in this field, as it confronts the subject of audit quality from a pragmatic perspective. The first goal of Jonas Tritschler is to develop an audit quality metric on national audit firm level. Financial reporting errors, as detected by the German enforcement institutions during examinations, which subsequently are published in the German Federal Gazette by the involved companies, are the data basis for this measurement. Using the developed audit quality metric, the second goal of this study is to analyze audit quality differences of selected audit firms by comparing their deployed audit input factors such as employee’s competence (ratio of certified professionals to total audit staff), experience of employees (average tenure of employees in years) and client-specific experience (client fluctuation rate). Results indicate a correlation between audit quality according to the developed metric and the operationalized audit input factors mentioned above.

• Accounting Errors
• Audit Quality
• Audit failures
• Audit input factors
• Audit production
• Enforcement

• Institut für Rechnungswesen, Steuerlehre und Wirtschaftsprüfung, Universität Innsbruck, Innsbruck, Austria

  Jonas Tritschler

Jonas Tritschler, a German CPA, CMA and CISA, obtained a doctorate degree at the School of Management, University of Innsbruck.

Policies and ethics