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dc.contributor.authorMunro, Loisen_US
dc.contributor.authorStewart, Jennyen_US
dc.contributor.editorPhilemona Leung, Barry Cooper, Steven Dellaportasen_US
dc.date.accessioned2017-05-03T14:14:53Z
dc.date.available2017-05-03T14:14:53Z
dc.date.issued2011en_US
dc.date.modified2011-10-07T04:28:03Z
dc.identifier.issn02686902en_US
dc.identifier.doi10.1108/02686901111142530en_AU
dc.identifier.urihttp://hdl.handle.net/10072/41171
dc.description.abstractPurpose - The purpose of this paper is to explore whether internal audit's reporting relationship with the audit committee and the client's business risk environment impact external auditors' reliance on the work of internal audit. Design/methodology/approach - An experiment is conducted using a 2 㠲 between-subjects design where we manipulate the above two factors at strong and weak levels. Participants are 66 audit partners, managers and seniors, all experienced with clients having internal audit functions. Findings - The results indicate that both factors affect external auditors' reliance on work already undertaken by internal audit and their use of internal auditors (IA) as assistants. The results also indicate that external auditors aremore likely to use internal audit for control evaluation tasks than for substantive tests of balances. The study does not find any significant interaction effects between the two factors. Originality/value - No prior studies have examined the influence of reporting relationship and client business risk on external auditors' reliance decisions in the current governance environment. Further, the paper examines the impact of these factors on reliance on work already undertaken by internal audit and on using IA as assistants, with respect to both control evaluation work and substantive testing of balances.en_US
dc.description.peerreviewedYesen_US
dc.description.publicationstatusYesen_AU
dc.languageEnglishen_US
dc.language.isoen_AU
dc.publisherEmerald Group Publishing Ltd.en_US
dc.publisher.placeUnited Kingdomen_US
dc.relation.ispartofstudentpublicationNen_AU
dc.relation.ispartofpagefrom464en_US
dc.relation.ispartofpageto481en_US
dc.relation.ispartofissue6en_US
dc.relation.ispartofjournalManagerial Auditing Journalen_US
dc.relation.ispartofvolume26en_US
dc.rights.retentionYen_AU
dc.subject.fieldofresearchAuditing and Accountabilityen_US
dc.subject.fieldofresearchcode150102en_US
dc.titleExternal auditors' reliance on internal auditing: further evidenceen_US
dc.typeJournal articleen_US
dc.type.descriptionC1 - Peer Reviewed (HERDC)en_US
dc.type.codeC - Journal Articlesen_US
gro.date.issued2011
gro.hasfulltextNo Full Text
gro.griffith.authorStewart, Jenny D.


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