Skills, knowledge, and attitudes important for present-day auditors
Recent accounting scandals have challenged and transformed the present-day role of auditors, making it timely and important to re-examine the skills, knowledge, and attitudes (SKAs) required of auditors in today's business environment. While prior studies have examined SKAs of accountants and i...
| Main Authors: | , , |
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| Other Authors: | |
| Format: | Journal Article |
| Language: | English |
| Published: |
2014
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| Online Access: | https://hdl.handle.net/10356/102112 http://hdl.handle.net/10220/24232 |
| _version_ | 1811683290591002624 |
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| author | Siriwardane, Harshini P. Kin Hoi Hu, Billy Low, Kin-Yew |
| author2 | Nanyang Business School |
| author_facet | Nanyang Business School Siriwardane, Harshini P. Kin Hoi Hu, Billy Low, Kin-Yew |
| author_sort | Siriwardane, Harshini P. |
| collection | NTU |
| description | Recent accounting scandals have challenged and transformed the present-day role of auditors, making it timely and important to re-examine the skills, knowledge, and attitudes (SKAs) required of auditors in today's business environment. While prior studies have examined SKAs of accountants and internal auditors, and personal attributes of auditors, there is little research on auditors' SKAs. We propose and examine 20 SKAs important to present-day auditors. We survey experienced auditors in Singapore about the importance of these SKAs. Our participants rate professional integrity, assessing audit evidence, and having a questioning mind (indicative of professionalism competency) as the three most important SKAs. The participants also assess entry-level auditors' (ELAs) performance for each SKA. The difference between their importance and performance ratings is largest for business competency, particularly for knowledge of client's business. Our findings have implications for various accounting constituencies in terms of developing auditors' competencies. |
| first_indexed | 2024-10-01T04:10:23Z |
| format | Journal Article |
| id | ntu-10356/102112 |
| institution | Nanyang Technological University |
| language | English |
| last_indexed | 2024-10-01T04:10:23Z |
| publishDate | 2014 |
| record_format | dspace |
| spelling | ntu-10356/1021122023-05-19T06:44:42Z Skills, knowledge, and attitudes important for present-day auditors Siriwardane, Harshini P. Kin Hoi Hu, Billy Low, Kin-Yew Nanyang Business School DRNTU::Business::Auditing::Auditors Recent accounting scandals have challenged and transformed the present-day role of auditors, making it timely and important to re-examine the skills, knowledge, and attitudes (SKAs) required of auditors in today's business environment. While prior studies have examined SKAs of accountants and internal auditors, and personal attributes of auditors, there is little research on auditors' SKAs. We propose and examine 20 SKAs important to present-day auditors. We survey experienced auditors in Singapore about the importance of these SKAs. Our participants rate professional integrity, assessing audit evidence, and having a questioning mind (indicative of professionalism competency) as the three most important SKAs. The participants also assess entry-level auditors' (ELAs) performance for each SKA. The difference between their importance and performance ratings is largest for business competency, particularly for knowledge of client's business. Our findings have implications for various accounting constituencies in terms of developing auditors' competencies. 2014-11-19T03:35:25Z 2019-12-06T20:49:55Z 2014-11-19T03:35:25Z 2019-12-06T20:49:55Z 2014 2014 Journal Article Siriwardane, H. P., Kin Hoi Hu, B., & Low, K. Y. (2014). Skills, knowledge, and attitudes important for present-day auditors. International journal of auditing, 18(3), 193-205. 1090-6738 https://hdl.handle.net/10356/102112 http://hdl.handle.net/10220/24232 10.1111/ijau.12023 en International journal of auditing © 2014 John Wiley & Sons Ltd. 13 p. |
| spellingShingle | DRNTU::Business::Auditing::Auditors Siriwardane, Harshini P. Kin Hoi Hu, Billy Low, Kin-Yew Skills, knowledge, and attitudes important for present-day auditors |
| title | Skills, knowledge, and attitudes important for present-day auditors |
| title_full | Skills, knowledge, and attitudes important for present-day auditors |
| title_fullStr | Skills, knowledge, and attitudes important for present-day auditors |
| title_full_unstemmed | Skills, knowledge, and attitudes important for present-day auditors |
| title_short | Skills, knowledge, and attitudes important for present-day auditors |
| title_sort | skills knowledge and attitudes important for present day auditors |
| topic | DRNTU::Business::Auditing::Auditors |
| url | https://hdl.handle.net/10356/102112 http://hdl.handle.net/10220/24232 |
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