The Effects of Audit Methodology on the Development of Auditors’ Knowledge of the Client’s Business

Subject Areas : International Journal of Finance, Accounting and Economics Studies

Received: 2011-01-19 Accepted : 2011-06-05 Published : 2011-09-20

Keywords: Strategic-Systems Audit, Traditional-Based Audit, Development of Auditors’ Knowl,

Abstract :

This study examines the differences between strategic systems audit approach compared with traditional based audit approach and its impact on development of auditors’ knowledge of the client’s business, has been discussed. Strategic systems audit approach advocates argue that this approach creates a better development of auditors’ knowledge of the client’s business than the traditional-based audit approach. Statistical population in this study, auditors (with different positions) employed in Auditing Organization in Iran was determined. The study sample selection (auditors) had been done randomly and questionnaire was distributed between auditors. The statistical results indicate that the auditors should be chosen about 90 people who are working in Auditing Organization. The data analyzed with F and t-student test to test the research hypotheses. Normal data test were used with Kolmogorov-Smirnov test. The results had showed auditors that used strategic systems audit approach have better knowledge of the client’s business than the traditional based audit approach.