E ISSN: 2583-049X

International Journal of Advanced Multidisciplinary Research and Studies

Volume 3, Issue 5, 2023

Professional Ethical Principles of Audits: A Study on Independence

Author(s): Tat Thanh Doan, Thi Thuy Thanh Le


Auditor independence plays an important role throughout the financial statement audit process. There are many factors that affect the independence of auditors when performing financial statement audits, such as the provision of non-audit services when simultaneously providing audit services, the economic dependence of the client unit, competition in the audit market, etc. Previous studies in many countries have mentioned different factors that can enhance or threaten independence and produce different, sometimes inconsistent, results. The article uses quantitative research methods in SPSS 20 software. The results of this study show that there are differences in the views of financial statement users and auditors regarding the influence of some factors on auditor independence. The authors also suggest some solutions to ensure and increase the independence of auditors in auditing financial statements in accordance with current Vietnamese reality.

Keywords: Independence, Auditors, Financial Statement Audit

Pages: 1389-1393

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