External Auditing and Quality
by Iffet Kesimli (Author)

About the Author
Dr. Iffet Kesimli is affiliated to Kırklareli University and lectures at Lüleburgaz Vocational School, Accounting and Taxation Program.

About this book
This book focuses on factors impacting audit quality, and solutions to these problems. In addition to elaborating on legislation in the European Union and United States, the book also provides a thorough outlook of Turkish audit market from the point of view of auditing firms and their clients. Many cases and samples are provided to assist practitioners to successfully re-engineer organizational structures in accordance with fresh regulations and expectations of the market. This book serves as a helpful resource for auditing firms, auditors, regulating authorities, as well as post-graduate students of audit sector.

Table of contents
1 External Audit from Quality Perspective
    1.1 Audit Types and Importance of It
        1.1.1 Definition of Auditing and Properties/Characteristics of It
        1.1.2 Types of Audit
    1.2 Developments in External Auditing
        1.2.1 The Evolution of Auditing and the Importance of Quality Audits
        1.2.2 The Interaction Between Financial Reporting and Audit Quality
        1.2.3 The Relation Between Audit and Fraud
        1.2.4 Twentieth Century Notable Accounting Scandals and the Thirst for High-Quality Audits
        1.2.5 Responsibilities of Auditing Firms in Frauds
        1.2.6 A Milestone in Audit History: Sarbanes–Oxley Act and Quality
2 External Audit in USA, European Union, and Turkey
    2.1 Auditing Firms in USA and European Union
        2.1.1 External Auditing Firms in USA
        2.1.2 External Auditing Firms in European Union Countries
    2.2 Auditing Firms in Turkey
        2.2.1 The Profile of Auditing Firms in Turkey
        2.2.2 License Agreements of Auditing Firms Performing in Turkey and Their Activities Before PCAOB
    2.3 External Audit Regulations in Turkey
        2.3.1 Capital Markets Board of Turkey and External Audit
        2.3.2 External Audit and Turkish Code of Commerce, Law No. 6102
        2.3.3 Public Oversight—Accounting and Auditing Standards Authority
3 External Audit from Process and Quality Perspective
    3.1 The Impact of Audit Process on Audit Quality
        3.1.1 The Impact of the Audit Strategy on the Quality of Audit
        3.1.2 Planning Audits and the Impacts of Planning upon Audit Quality
        3.1.3 Acceptance and Continuance of External Audit Service
        3.1.4 Audit Report and Its Impacts on Audit Quality
    3.2 Basic Determinants of Audit Quality
        3.2.1 The Factors Impacting the Audit Quality: Independence, Transparency, and Other Factors
        3.2.2 Auditors’ Influence on Audit Quality
        3.2.3 The Influence of Audit Firms on Audit Quality
        3.2.4 The Influences of the Audit Client to Audit Quality
        3.2.5 The Influence of Regulating Authorities on Audit Quality
4 Survey on Assessment of External Audit Quality in Turkey
    4.1 Constraints
    4.2 Methodology
        4.2.1 Populations and Samples
        4.2.2 Collection of Data
        4.2.3 The Analysis and Interpretation of Findings
Summary and Discussion
Suggestions
Appendix A: Auditing Firms Performing in Turkey (2014)
Appendix B: Sarbanes–Oxley Act Frame Plan
Appendix C: Independent Audit By-Law
Appendix D: International Standard on Quality Control 1

Series: Accounting, Finance, Sustainability, Governance & Fraud: Theory and Application
Length: 327 pages
Publisher: Springer; 1st ed. 2019 edition (July 17, 2018)
Language: English
ISBN-10: 9811305250
ISBN-13: 978-9811305252