IMPROVEMENT OF AUDIT QUALITY CONTROL IN BANKS
Keywords:
Audit quality control, banking industry, regulatory compliance, professional skepticismAbstract
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
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