DETERMINANTS OF AUDITORS’ PROFESSIONALISM: EVIDENCE FROM EMERGING MARKET AUDIT PRACTICES
Keywords:
professionalism of the auditors, emerging markets, regulation environment, pressure on the clients, ethical culture, CPD, quality of the auditsAbstract
This research paper will understand the determinants that play a major role in defining the professionalism of auditors in the background of emerging markets, where the institutional frameworks and regulatory systems are being limited in most cases. Drawing on survey data collected from audit professionals in [insert country, e.g., Pakistan], the research examines how factors such as regulatory enforcement, ethical organizational culture, continuing professional development (CPD), client pressure, and institutional quality impact auditors’ professional conduct. Multiple regression analysis resulted in a conclusion that a well-regulated environment, an ethical culture of firms, and an active presence in CPD programs will positively affect the professionalism of auditors. On the other hand, institutional infrastructure and client pressure harm the ethical behavior of the auditors and independence. The study has made a contribution to the body of literature since it provides empirical evidence on how professionalism in auditing is influenced by internal and external forces in emerging economies. It also comes up with policy guidelines to regulators, audit firms and professional bodies to improve quality and integrity of audits.
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