THE IMPACT OF THE AUDIT COMMITTEE AND AUDIT TEAM CHARACTERISTICS ON THE AUDIT QUALITY: MEDIATING IMPACT OF EFFECTIVE AUDIT PROCESS

Abstract

In recent years, audit quality has been a critical component in identifying and stopping errors and frauds, and audit committees and team members have been instrumental in raising audit quality. The present study explores the influences of the audit committee and team characteristics on the audit quality of the textile sector in Iraq. This phenomenon requires the attention of global scholars. The article also looks at how an efficient audit procedure can influence the quality of the audit committee, the audit team, and the audit quality of the textile industry in Iraq. For analysis purposes, the study employed primary data collected through questionnaires. The PLS-SEM method using smart-PLS was also utilized in the study to examine the relationship between the variables. The results showed a favorable correlation between the audit quality of the textile sector in Iraq and the audit committee and team characteristics. The findings also showed a strong correlation between the audit committee, audit team, and audit quality of the Iraqi textile industry and an efficient audit process. The study uses audit committee and audit team characteristics to generate policies linked to audit quality.