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Journal of Management and Governance
Published in: Journal of Management and Governance 2/2017

14-03-2016

Explaining the influence of time budget pressure on audit quality in Sweden

Authors: Pernilla Broberg, Torbjörn Tagesson, Daniela Argento, Niclas Gyllengahm, Ola Mårtensson

Published in: Journal of Management and Governance | Issue 2/2017

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Abstract

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 also 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 quality 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.
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Metadata
Title
Explaining the influence of time budget pressure on audit quality in Sweden
Authors
Pernilla Broberg
Torbjörn Tagesson
Daniela Argento
Niclas Gyllengahm
Ola Mårtensson
Publication date
14-03-2016
Publisher
Springer US
Published in
Journal of Management and Governance / Issue 2/2017
Print ISSN: 1385-3457
Electronic ISSN: 1572-963X
DOI
https://doi.org/10.1007/s10997-016-9346-4

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