Abstract
This study investigates whether governance acts as a mediating factor between audit culture, audit quality, and internal control aspects by examining the factors contributing to effective governance. This study uses a quantitative research design; we collect primary data using a structured survey questionnaire. The study was conducted on responses received for 350 respondents and analysed using structural equation models. The results indicate that governance leadership mediates the relationship between audit culture, internal control, and audit quality to some extent. By emphasizing the importance of governance for audit culture and quality, regulators can develop effective policies to promote high-quality audits and financial reporting. Indeed, governance acts as a guiding force in an organization’s culture. Think of it as the compass that sets the direction and promotes transparency, accountability, and ethical behavior, thereby fostering a strong audit culture. Internal control, on the other hand, encompasses the policies, procedures, and practices that protect assets, ensure accurate financial reporting, and comply with regulations. Governance structures provide the framework within which internal control operates, overseeing its functions and establishing mechanisms for accountability and reporting. The results of this research have important practical implications for accounting and audit firms and regulators.
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Appendix
Appendix
"Invitation to Participate in a Study: Exploring the Mediating Role of Governance on Audit Culture, Quality and Control"
Dear Participants,
We are researching "The Mediating effect of Governance on Audit Culture, Quality and Control aspects." Your participation in this study is essential as it will provide valuable insights into this critical topic.
We invite you to complete a questionnaire that will take approximately 10–15 min to complete. The questionnaire is completely anonymous, and your responses will be kept confidential. The study’s results will be used to further our understanding of the relationship between governance and audit culture, quality, and control. Kindly click on the following link to answer the questionnaires (https://shorturl.at/frtDZ).
Thank you for your time and participation in this study. Your contributions will be greatly appreciated.
Sincerely.
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Shatila, K., Nigam, N. & Benetti, C. The mediating effect of governance on audit culture, quality and control issues. Int J Discl Gov (2024). https://doi.org/10.1057/s41310-024-00235-6
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DOI: https://doi.org/10.1057/s41310-024-00235-6