FACTORS AFFECTING AUDIT QUALITY IN NEPALESES AUDIT FIRMS

Abstract

Factors Affecting Audit Quality in Nepalese Audit Firms is the title of the research. The study's main goal has been to identify the key elements influencing audit quality. Descriptive and causal comparative research designs were used in the study. The five different kinds of independent variables and how they relate to the dependent variable are the subjects of this research. An analogous tendency of the causal comparative study design is to establish a causal link between the variables under investigation. The dependent variables (audit quality) and independent factors (audit experience, audit professionalism, audit tenure, mistake detection expertise, and time budget pressure) are the primary topics of this study, and the descriptive research methodology has aided in fact-finding. Four hundred auditors from the Kathmandu Valley who are presently auditing in various audit industries make up the study sample. The scale's items range in score from 1 (extremely dissatisfied) to 5 (highly pleased). The survey approach was employed to collect primary data for the research. The respondents were given a standardized questionnaire, which was sent to them both online and in person. In this work, data analysis was done using both descriptive and inferential statistical methods. Measures of central tendency and frequency distribution are examples of descriptive statistical methods. Cronbach's alpha test and other inferential statistical methods were also used in the investigation. MS-Excel and SPSS version 25.0 have been used for the analysis of primary data. In summary, the ability to identify mistakes results in improved audit quality maintenance, but audit experience has little bearing on audit quality. Additionally, audit expertise has a good impact on audit quality. Likewise, audit professionalism has a beneficial impact on audit quality. Additionally, time budget constraint has a favorable impact on audit quality. Additionally, audit tenure has a beneficial impact on audit quality. Ultimately, the ability to identify mistakes has a favorable impact on audit quality.