Business, Management and Accounting
3 years ago

Joint Audits Boost Audit Quality, Ensuring Transparency and Accountability for Businesses

1 view
Corporate Ownership and Control
Are joint audits associated with higher audit quality?
Mohamed Hegazy, Hekmat Ebrahim

Paper Summary

Joint audits can lead to higher audit quality compared to single audits, especially when one of the Big 4 firms is involved and the audit partner has industry expertise. This was found through a survey of external auditors and interviews with audit partners and professors. The study suggests that joint audits can improve audit quality and recommends their use over single audits to enhance the quality of audits.

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