Areas of Improving the Quality Performance of the External Auditors Firms in the Business Environment in Jordan

Abstract

The importance of this study has arises from addressing the Jordanian business environment, where the accounting and auditing profession have significant changes to meet the requirements of the regulations, the financial and economic legislations and changes in the Information Technology environment. The study primary aims to identify areas through which the quality of external audit in the Jordanian business environment can be improved. One of the most important findings of the study is that there is a clear impact of the study variables, represented by the existence of regulatory system of quality control performance and the use of information technology by the external auditing firms, as well as the activation of the legal accountability of the audit firms to improve the quality of auditing services in the business environment. The most significant recommendations of the study are the need to activate the means of performance control on the audit firms and reliance on the information technology and modern information systems as well as increasing the awareness of the auditors to their legal responsibilities when auditing the activities of the data framework in accordance with the international audit and assurance standards.

Keywords: Quality audit, external audit, legal accountability of the external auditor, quality performance, audit standards.