Studying the Impact of Auditors' Anxiety on Auditor's Report Content
Social Determinants of Health,
Vol. 6 (2020),
14 Tir 2020
,
Page e26
https://doi.org/10.22037/sdh.v6i1.32973
Abstract
Backgound: Auditors face a wide range of expectations due to conflict of interest between managers and investors that causes stress in the audit work and may have a significant impact on the quality of the audit.
Methods: This cross-sectional study was performed on 585 signatories of the audit reports of 139 companies listed on the Tehran Stock Exchange in 2016 and 2017. The statistical population of the study was the signatories of the audit report of the accepted companies in Tehran Stock Exchange. In present study, the information about anxiety of audit managers was collected using Beck Anxiety Questionnaire (1988) and multiple regression and logistic models were used to test the hypotheses.
Results: In this study, 585 auditors were examined. The results shown auditors' anxiety leads to presenting an acceptable report and a smaller number of condition clauses, but it does not affect the type of clause and the number of opinion clauses. The results show that auditors who are not anxious or are slightly anxious 371(63.4%) cases do not find themselves under the pressure of negligence of the client, but auditors with moderate anxiety 228 (39%) cases are more probably tend to present acceptable reports and therefore fewer condition clauses due to fear of losing their job.
Conclusion: As this study showed auditor's anxiety has no effect on the type of condition clause and also the number of clauses after the opinion; while auditors' anxiety affects the type of auditors' opinion and the number of condition clauses.
- Anxiety
- Financial Audit
- Professional Practice
How to Cite
References
Mashayekhi Fard S, Jahanshad A, Poorzamani Z. The Impact of Social Responsibility and Social Intelligence on Auditor's Professional Judgment with the Role of Mediating a Philosophical Mindset. International Journal of Finance & Managerial Accounting. 2020;5(17):55-65.
Sh K, Noshad M. The role of behavioral patterns and decision making models in auditors', judgments. Accounting Researches. 2012(5):123-35.
Keren G. Perspectives of behavioral decision making: Some critical notes. Organizational behavior and human decision processes. 1996;65(3):169-78.
Sayrani M, Khajavi S, Noshadi M. An Examination of the effects of experience and task complexity on audit judgments. Accounting and Auditing Review. 2009;16(2).
Nazemian F, Ghafari F, Poorghaznein T. Evaluation of depression and anxiety in hemodialysis patients. medical journal of mashhad university of medical sciences. 2008;51(3):171-6.
SHAFIE SAS, Rafieinia P, Najafi M. The Efficacy of metacognitive therapy on anxiety and metacognitive components in individuals with generalized anxiety Disorder. 2013.
Modara F, Sarokhani D, Valizadeh R, Sarokhani M. The average review score of anxiety in Iran: Systematic review and meta-analysis. scientific journal of ilam university of medical sciences. 2017;25(2):181-210.
Anggraini FRR, Baridwan Z, Suwardjono S, Basuki H. Social Cognitive Theory Test: Role of Anxiety in getting Professional Sanction in Professionalism and Auditor Independence. The Indonesian Journal of Accounting Research. 2017;20(2).
Enofe A, Mgbame C, Osa-Erhabor V, Ehiorobo A. The role of internal audit in effective management in public sector. Research Journal of Finance and Accounting. 2013;4(6).
Samma M, Zhao Y, Rasool SF, Han X, Ali S, editors. Exploring the Relationship between Innovative Work Behavior, Job Anxiety, Workplace Ostracism, and Workplace Incivility: Empirical Evidence from Small and Medium Sized Enterprises (SMEs). Healthcare; 2020: Multidisciplinary Digital Publishing Institute.
Kaviani H, Mousavi A. Psychometric properties of the Persian version of Beck Anxiety Inventory (BAI). Tehran University Medical Journal. 2008.
Mol AP. Globalization and environmental reform: The ecological modernization of the global economy: MIT Press; 2003.
Rothbaum BOE. Pathological anxiety: Emotional processing in etiology and treatment: The Guilford Press; 2006.
Bhattacharjee S, Moreno KK. The role of auditors' emotions and moods on audit judgment: A research summary with suggested practice implications. Current Issues in Auditing. 2013;7(2):P1-P8.
Tsunogaya N, Sugahara S, Chand P. The impact of social influence pressures, commitment, and personality on judgments by auditors: Evidence from Japan. Journal of International Accounting Research. 2017;16(3):17-34.
Fisher RT. Role stress, the type A behavior pattern, and external auditor job satisfaction and performance. Behavioral research in accounting. 2001;13(1):143-70.
Ohl F, Arndt SS, van der Staay FJ. Pathological anxiety in animals. The veterinary journal. 2008;175(1):18-26.
Wang T-Y, Liu H. An emerging Asian model of governance and transnational knowledge transfer: an introduction. Taylor & Francis; 2018.
Moeinadin M, Heirany F, Moazen H. Investigating the relationship between auditor tenure and the size of the audit firm with earnings management in pharmaceutical companies listed in Tehran Stock Exchange. European Online Journal of Natural and Social Sciences: Proceedings. 2014;2(3 (s)):pp. 2454-65.
Naderi S, Banitalebi Dehkordi B, Ghazanfari A. The effect of personality types A, B, C and D auditors on the content of the audit report. Journal of Management Accounting and Auditing Knowledge. 2017;5(20):71-86.
- Abstract Viewed: 300 times
- PDF Downloaded: 218 times