IMPROVEMENT OF AUDIT QUALITY CONTROL IN BANKS

Authors

  • Educational Institution:Banking and Finance Academy MSc BHAN Group 23-27
  • Hamraqulov Elyor Oybek Ogli

Keywords:

Audit quality control, banking industry, regulatory compliance, professional skepticism

Abstract

This article explores strategies to improve audit quality control in banks, emphasizing the importance of regulatory compliance, professional skepticism, and technology integration. The methods section outlines key approaches, including risk assessment, audit committee oversight, and peer review. Results showcase the positive impact of these strategies, leading to a robust discussion on the implications for the banking industry. The article concludes with actionable suggestions to enhance audit quality control and maintain trust in financial institutions.

References

"Internal Audit Quality: Developing a Quality Assurance and Improvement Program" by Sally-Anne Pitt

"Auditing and Assurance Services" by Alvin A. Arens, Randal J. Elder, and Mark S. Beasley

"Quality Control for Auditors: A Proactive System to Enhance Efficiency and Effectiveness" by James Roth

"Auditing that Matters" by D. Scott Showalter and Wendy M. Tietz

"Quality Audits for Improved Performance" by Dennis R. Arter

"The Internal Auditing Handbook" by K. H. Spencer Pickett

"The Audit Committee Handbook" by Louis Braiotta Jr. and Lynn Turner

Downloads

Published

2023-11-28

Issue

Section

Articles

How to Cite

IMPROVEMENT OF AUDIT QUALITY CONTROL IN BANKS. (2023). World Economics and Finance Bulletin, 28, 142-144. https://scholarexpress.net/index.php/wefb/article/view/3436

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