THE IMPACT OF AUDITOR EXPERIENCE, AUDIT FIRM SIZE, AND REGULATORY ENVIRONMENT ON FAIR VALUE ESTIMATE: MEDIATING THE ROLE OF PROFESSIONAL SCEPTICISM

Authors

  • Bahaulddin Fareed Madhi Department of Accounting, College of Administration & Economics, University of Basrah, Basrah, Iraq.
  • Alaulddin Abdul Wahab Hassoon Al-Sabti Assistant Professor, Accounting Department, Shatt Al-Arab University College, Basrah, Iraq.
  • Fatima Jassim Muhammad Professor, Department of Accounting, College of Administration & Economics, University of Basrah, Basrah, Iraq

Keywords:

Auditor Experience, Audit Firm Size, Professional Scepticism, Regulatory Environment, Fair Value Estimates, Iraqi Firms.

Abstract

The study's purpose is to determine how the auditor's experience, the size of the audit firm, and Iraqi legislation influence how accurate assessments of a company's fair worth are. It also examines how professional skepticism affects the relationship between years of experience, audit company size, legal background, and fair value estimations. To collect information, poll forms were given to audit offices in government-run firms. To succeed in highly competitive marketplaces, businesses must be able to accurately evaluate fair value. This is possible by implementing rigorous guidelines and engaging skilled inspectors.  Smart-PLS was utilized to identify links between the items examined in the data. The results demonstrate a substantial correlation between the quality of the inspectors, the size of the audit firms, the standards in place, and the accuracy of fair value estimations in Iraqi enterprises. Professional doubt has a significant impact on how these items interact with one another.

Downloads

Published

2024-04-19

Issue

Vol. 15 No. 3 (2023): International Journal of eBusiness and eGovernment Studies (IJEBEG)

Section

Original Article