The External Auditor Mandatory Changes Impact on Improving the Quality of the Auditing Process
Journal of Finance and Accounting
Volume 2, Issue 6, November 2014, Pages: 129-133
Received: Dec. 6, 2014; Accepted: Dec. 25, 2014; Published: Jan. 4, 2015
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Ayah Jarallah El-Khozondar, Auditing Department, Palestinian Monetary Authority, Gaza, Palestine
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This study identifies the effect of mandatory rotation of the external auditor in improving the quality of auditing and to confirm his objectivity and independence. A questionnaire has been designed and distributed to a sample of 185 external auditors and managers of corporation at Gaza. The study introduces many results; e. i, there is a relationship of applying the mandatory and its effect on the quality, cost and audit fees, and to improve the quality of auditing and to confirm his objectivity and independence. The study introduces many recommendations; e. g., applying the professional specialization strategy in the client's industry.
Mandatory Rotation, External Editor, Quality of Auditing, Independence
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Ayah Jarallah El-Khozondar, The External Auditor Mandatory Changes Impact on Improving the Quality of the Auditing Process, Journal of Finance and Accounting. Vol. 2, No. 6, 2014, pp. 129-133. doi: 10.11648/j.jfa.20140206.12
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