The Convergence of the Expectations between Auditors and the Users of Financial Statements:A Multidimensional Grounded Theory and Structural Equation Modeling

Iranian Journal of Accounting, Auditing and Finance

مقالات آماده انتشار، اصلاح شده برای چاپ، انتشار آنلاین از تاریخ 18 فروردین 1401  

نوع مقاله: Original Article

شناسه دیجیتال (DOI): 10.22067/ijaaf.2022.42039

نویسندگان

Younes Badavar Nahandi ¹؛ Saaed Samimi²؛ Ali Asghar Mottaghi³

¹Department of Accounting, Tabriz Branch, Islamic Azad University, Tabriz, Iran

²Ph.D. Student, Department of Accounting, Tabriz Branch, Islamic Azad University, Tabriz, Iran.

³Assistant Professor ,Department of Accounting, Tabriz Branch, Islamic Azad University, Tabriz, Iran

چکیده

The audit profession has faced technological changes, digital transformation, and information abundance, so it is not difficult to meet expectations by auditor's judgmental explanation under such circumstances. Users shape expectations based on forecasting future cash flows, and historical information and long-delayed reports do not provide sufficient decision-making effectiveness. This study aims to explain the convergence model between the expectations of auditors and users of financial statements with the multidimensional grounded theory and structural equation modeling. The statistical population of the study consisted of university faculties, auditing firm partners, tax auditors, official experts of justice, financial analysts, senior creditors, and social security insurance auditors. The sampling method of the present study is a mixed purposive approach, which led to 42 in-depth and semi-structured interviews to achieve theoretical saturation. The extant study was implemented in 2020 and 2021. Moreover, structural equation modeling was used to measure the validity of the model, and PLS software was used to fit the model. In the fitted model, the grounded factors for the expectation convergence, providing Provision of a cultural and educational context; Provision of the economic bases and prohibiting political governance; Reforming, and unity of procedure between upstream laws and regulations; Coherence and joint efforts in legislation and development of standards; Enhancing audit performance and effectiveness; Continuous monitoring of professional organizations and regulatory bodies on the performance of auditors; Strengthening the computer auditing infrastructure and paying attention to social responsibility and Requiring auditors to be accountable and creating coercive forces.

کلیدواژه‌ها

Expectation convergence؛ Enhancing audit performance and effectiveness؛ Coherence and joint efforts in legislation and development of standards؛ Improving the quality of information and financial reporting features؛ efficient standards following environmental conditions