The objectives of this study are： （1） to explore current audit appointment practices by audit firms in Bahrain; （2） to look into the opinions of audit firms in Bahrain on potential effects provided by implementin...The objectives of this study are： （1） to explore current audit appointment practices by audit firms in Bahrain; （2） to look into the opinions of audit firms in Bahrain on potential effects provided by implementing mandatory audit firm rotation （audit quality）; and （3） to investigate audit firms＇ views in implementing mandatory audit firm rotation in Bahrain. To achieve these objectives, a questionnaire was developed and distributed to respondents that consist of all auditors working in audit firms in Bahrain. The findings indicated that there is a significant relationship between mandatory audit firm rotation and quality of audit. The study also indicated that longer partner tenure makes the auditor＇s performance lack the quality in the auditing process. The average mean for all questions of the hypothesis together is 2.73 with average standard deviation of 0.94 which is less than half of the mean. This means that there is no dispersion among respondents about the questions of the hypothesis. Also, the analysis shows that the t-value is 29.922, which is greater than the table critical value of t （1.66）, and the p-value obtained is 0.000 which is less than the value of significance at p 〈 0.05. These results confirm statistically that there is a significant relationship, so the null hypothesis is rejected and the alternative hypothesis is accepted.展开更多
Using, the method of correlation coefficient, this paper discusses the empirical relationship between audit tenure and audit opinion in annual reports in China A-share market and period of mandatory rotation of audito...Using, the method of correlation coefficient, this paper discusses the empirical relationship between audit tenure and audit opinion in annual reports in China A-share market and period of mandatory rotation of auditor. The research finds that the negative correlation between auditor tenure and non-standard unqualified audit opinion is statistically significant, and auditor tenure might impair his/her independence. To enhance auditor independence and improve audit quality, it is necessary to rotate mandatory auditor. The results also fred that consecutive auditing years should not exceed 5 years when the existing auditor has been the auditor of listed company, and mandatory rotation of auditor adapts to the rotation of CPA firms in charge of a client.展开更多
文摘The objectives of this study are： （1） to explore current audit appointment practices by audit firms in Bahrain; （2） to look into the opinions of audit firms in Bahrain on potential effects provided by implementing mandatory audit firm rotation （audit quality）; and （3） to investigate audit firms＇ views in implementing mandatory audit firm rotation in Bahrain. To achieve these objectives, a questionnaire was developed and distributed to respondents that consist of all auditors working in audit firms in Bahrain. The findings indicated that there is a significant relationship between mandatory audit firm rotation and quality of audit. The study also indicated that longer partner tenure makes the auditor＇s performance lack the quality in the auditing process. The average mean for all questions of the hypothesis together is 2.73 with average standard deviation of 0.94 which is less than half of the mean. This means that there is no dispersion among respondents about the questions of the hypothesis. Also, the analysis shows that the t-value is 29.922, which is greater than the table critical value of t （1.66）, and the p-value obtained is 0.000 which is less than the value of significance at p 〈 0.05. These results confirm statistically that there is a significant relationship, so the null hypothesis is rejected and the alternative hypothesis is accepted.
文摘Using, the method of correlation coefficient, this paper discusses the empirical relationship between audit tenure and audit opinion in annual reports in China A-share market and period of mandatory rotation of auditor. The research finds that the negative correlation between auditor tenure and non-standard unqualified audit opinion is statistically significant, and auditor tenure might impair his/her independence. To enhance auditor independence and improve audit quality, it is necessary to rotate mandatory auditor. The results also fred that consecutive auditing years should not exceed 5 years when the existing auditor has been the auditor of listed company, and mandatory rotation of auditor adapts to the rotation of CPA firms in charge of a client.
