Pathology of auditor supervision model in Iran and alternative modeling for auditing profession supervision
Quarterly Journal of Securities Exchange

Quarterly Journal of Securities Exchange

Pathology of auditor supervision model in Iran and alternative modeling for auditing profession supervision

Document Type : Original Article

Authors
Vahid Ahmadian 1
Ali Rostamipour 2
Hasan Farajzadeh Dehkordi 3
1 Assistant Professor, Department of Accounting, Faculty of Economics, Management and Accounting, Tabriz University, Tabriz, Iran
2 Ph.D. Student, Department of Financial Management, Imam Sadiq University, Tehran, Iran
3 Assistant Professor, Department of Accounting, Faculty of Financial Sciences, Kharazmi University, Tehran, Iran
10.22034/jse.2024.12356.2217
Abstract
Supervision of the auditing profession and the profession's activists has entered a new phase since 2002 with the bankruptcy of Enron and the approval of the Sarbanes-Oxley Act. What can be seen in the international arena and in developed countries is the move towards the specialization of the supervision of the auditing profession and the independence of the supervisory body from the profession. In Iran, the issue of monitoring the auditing profession has been a topic of discussion in professional and academic circles for a long time. In this regard, in this research, an attempt is made to first study the experience of developed countries in monitoring the auditing profession, and then by referring to the opinions and opinions of experts and experts of the capital market, the harms of the current approach are identified and the desired situation is drawn. The findings of this research, which was conducted with a qualitative and integrated method of comparative study and in-depth interviews with experts, indicate that the majority of the interviewees agree on the ineffectiveness of the institution proposed by the parliament as the steering organization of the audit system and the need to use the existing facilities and Modification of current structures and improvement of processes and methods are emphasized. Based on this, the proposed model of the research is presented in the form of a conceptual model with the aim of providing a suitable alternative solution for monitoring the auditing profession.
Keywords
Audit supervision
audit system management organization
audit institutions
stock exchange and securities organization
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Quarterly Journal of Securities Exchange
Volume 16, special issue
Summer 2024
Pages 1-32