Factors Affecting Auditor Independence in Tunisia: The Perceptions of Financial Analysts
Journal of Finance and Accounting
Volume 3, Issue 3, May 2015, Pages: 42-49
Received: Apr. 5, 2015; Accepted: Apr. 20, 2015; Published: May 9, 2015
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Authors
Omri Mohamed Ali, Accounting Department at College of Business Administration- Northern Border University-Arar, Saudi Arabia
Akrimi Nesrine, Faculty of Economics and Management Sciences - Tunis El Manar University-Tunis, Tunisia
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Abstract
The purpose of this paper is to explore the perceptions of Tunisian financial analysts regarding factors influencing auditor independence. Our study examines the impact of 49 independence enhancing and threatening factors on the perceptions of 54 financial analysts using a questionnaire instrument. The results indicate that the principal threat factors relate to non audit services provision by the incumbent auditor and the existence of personal and financial relationships. The principal enhancement factor is the positive reputation. Exploratory factor analysis reduces the factors to a small number of dimensions. The most important dimension identified is the economic dependence and existence of personal and financial relationships.
Keywords
Auditor Independence, Financial Analysts, Factors, Perceptions
To cite this article
Omri Mohamed Ali, Akrimi Nesrine, Factors Affecting Auditor Independence in Tunisia: The Perceptions of Financial Analysts, Journal of Finance and Accounting. Vol. 3, No. 3, 2015, pp. 42-49. doi: 10.11648/j.jfa.20150303.12
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