Explaining the influence of time budgetpressure on audit quality in Sweden [Elektronisk resurs]

• This paper is aimed at explaining how time budget pressure influences audit quality in the Swedish context. A hypothesis is deduced and tested through a survey sent to Swedish auditors. The Swedish context provides a special setting since audit firms and auditors have been facing new pressures due, for example, to the removal of statutory audits for a majority of the companies in Sweden. The findings show that time budget pressure lowers the quality of audits performed by Swedish auditors, but it is not the only explanation. Audit quality is so related to other factors such as gender, position, experience, number of clients, local office size and audit firm. Thus, the model is useful for explaining the factors influencing audit uality and could be used and expanded in future studies. The study also has practical  implications showing that when trading-off between audit efforts and available resources and setting time budgets for each audit assignment, audit firms should also consider the personal characteristics of the auditors. 

Ämnesord

Social Sciences  (hsv)

Economics and Business  (hsv)

Business Administration  (hsv)

Samhällsvetenskap  (hsv)

Ekonomi och näringsliv  (hsv)

Företagsekonomi  (hsv)

Indexterm och SAB-rubrik

Time budget pressure

Audit quality

Auditors

Audit firm

Sweden