International Journal of Accounting, Finance and Risk Management

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The Impact of COVID-19 on the Quality of Auditing from the Point of View of Jordanian Certified Public Accountants

Received: 24 January 2024    Accepted: 14 February 2024    Published: 27 February 2024
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Abstract

The aim of this study is to investigate the impact of the COVID-19 pandemic on audit quality from the perspective of Jordanian Certified Public Accountants. It also aims to identify any differences in the views of Jordanian Certified Public Accountants regarding this impact based on respondents' demographic characteristics such as gender, academic qualification, scientific specialization, job title, years of experience in audit, and professional certifications. A quantitative approach was used in this study, where 150 questionnaires were distributed to 150 Jordanian certified public accountants, and 144 questionnaires were retrieved (27 of them were incomplete), resulting in 117 questionnaires being used for statistical analysis. The results of the study indicated that the COVID-19 pandemic had a significant impact on audit quality through the dimensions of audit fees, going concern assessment, audit procedures, auditor's experience, audit period, and audit firm size. The results also showed that there were differences in the views of Jordanian Certified Public Accountants regarding the impact of the COVID-19 pandemic on audit quality based on academic qualification, job title, and years of experience in auditing, while no differences were attributed to gender, scientific specialization, and professional certifications of the respondents. Based on the study's findings, the researcher provides several recommendations, including: Audit firms should prioritize the development of skills and experiences of their employees through alternative training programs and remote work arrangements. Audit firms should also review their audit processes and procedures to adapt to the new business environment created by the COVID-19 pandemic. Regulatory bodies should consider reviewing their oversight standards to address the exceptional challenges posed by the COVID-19 pandemic especially with regard to auditing and quality auditing.

DOI 10.11648/j.ijafrm.20240901.14
Published in International Journal of Accounting, Finance and Risk Management (Volume 9, Issue 1, March 2024)
Page(s) 29-45
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2024. Published by Science Publishing Group

Keywords

COVID-19 Pandemic, Audit Quality, Jordanian Certified Public Accountants

References
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[25] Reyes, M. A.; Andrianantenaina, H.; and Nugroho, G. I., (2021), Implications of COVID-19 on Auditor’s Reporting. Journal of Applied Accounting and Finance (JAAF), 5 (1), 59-67. ‏http://dx.doi.org/10.33021/jaaf.v%/vi%/i.1461
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  • APA Style

    Siam, W. Z., Hamdan, S. A. R. A. H. (2024). The Impact of COVID-19 on the Quality of Auditing from the Point of View of Jordanian Certified Public Accountants. International Journal of Accounting, Finance and Risk Management, 9(1), 29-45. https://doi.org/10.11648/j.ijafrm.20240901.14

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    ACS Style

    Siam, W. Z.; Hamdan, S. A. R. A. H. The Impact of COVID-19 on the Quality of Auditing from the Point of View of Jordanian Certified Public Accountants. Int. J. Account. Finance Risk Manag. 2024, 9(1), 29-45. doi: 10.11648/j.ijafrm.20240901.14

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    AMA Style

    Siam WZ, Hamdan SARAH. The Impact of COVID-19 on the Quality of Auditing from the Point of View of Jordanian Certified Public Accountants. Int J Account Finance Risk Manag. 2024;9(1):29-45. doi: 10.11648/j.ijafrm.20240901.14

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  • @article{10.11648/j.ijafrm.20240901.14,
      author = {Walid Zakaria Siam and Sajeda Abdel Rahman Abdel Hamid Hamdan},
      title = {The Impact of COVID-19 on the Quality of Auditing from the Point of View of Jordanian Certified Public Accountants},
      journal = {International Journal of Accounting, Finance and Risk Management},
      volume = {9},
      number = {1},
      pages = {29-45},
      doi = {10.11648/j.ijafrm.20240901.14},
      url = {https://doi.org/10.11648/j.ijafrm.20240901.14},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijafrm.20240901.14},
      abstract = {The aim of this study is to investigate the impact of the COVID-19 pandemic on audit quality from the perspective of Jordanian Certified Public Accountants. It also aims to identify any differences in the views of Jordanian Certified Public Accountants regarding this impact based on respondents' demographic characteristics such as gender, academic qualification, scientific specialization, job title, years of experience in audit, and professional certifications. A quantitative approach was used in this study, where 150 questionnaires were distributed to 150 Jordanian certified public accountants, and 144 questionnaires were retrieved (27 of them were incomplete), resulting in 117 questionnaires being used for statistical analysis. The results of the study indicated that the COVID-19 pandemic had a significant impact on audit quality through the dimensions of audit fees, going concern assessment, audit procedures, auditor's experience, audit period, and audit firm size. The results also showed that there were differences in the views of Jordanian Certified Public Accountants regarding the impact of the COVID-19 pandemic on audit quality based on academic qualification, job title, and years of experience in auditing, while no differences were attributed to gender, scientific specialization, and professional certifications of the respondents. Based on the study's findings, the researcher provides several recommendations, including: Audit firms should prioritize the development of skills and experiences of their employees through alternative training programs and remote work arrangements. Audit firms should also review their audit processes and procedures to adapt to the new business environment created by the COVID-19 pandemic. Regulatory bodies should consider reviewing their oversight standards to address the exceptional challenges posed by the COVID-19 pandemic especially with regard to auditing and quality auditing.
    },
     year = {2024}
    }
    

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    AU  - Walid Zakaria Siam
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    UR  - https://doi.org/10.11648/j.ijafrm.20240901.14
    AB  - The aim of this study is to investigate the impact of the COVID-19 pandemic on audit quality from the perspective of Jordanian Certified Public Accountants. It also aims to identify any differences in the views of Jordanian Certified Public Accountants regarding this impact based on respondents' demographic characteristics such as gender, academic qualification, scientific specialization, job title, years of experience in audit, and professional certifications. A quantitative approach was used in this study, where 150 questionnaires were distributed to 150 Jordanian certified public accountants, and 144 questionnaires were retrieved (27 of them were incomplete), resulting in 117 questionnaires being used for statistical analysis. The results of the study indicated that the COVID-19 pandemic had a significant impact on audit quality through the dimensions of audit fees, going concern assessment, audit procedures, auditor's experience, audit period, and audit firm size. The results also showed that there were differences in the views of Jordanian Certified Public Accountants regarding the impact of the COVID-19 pandemic on audit quality based on academic qualification, job title, and years of experience in auditing, while no differences were attributed to gender, scientific specialization, and professional certifications of the respondents. Based on the study's findings, the researcher provides several recommendations, including: Audit firms should prioritize the development of skills and experiences of their employees through alternative training programs and remote work arrangements. Audit firms should also review their audit processes and procedures to adapt to the new business environment created by the COVID-19 pandemic. Regulatory bodies should consider reviewing their oversight standards to address the exceptional challenges posed by the COVID-19 pandemic especially with regard to auditing and quality auditing.
    
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Author Information
  • Department of Accounting, The Hashemite University, Zarqa, Jordan

  • Accounting and Finance, The Hashemite University, Zarqa, Jordan

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