Determinants of External Audit Effectiveness: The Case of Amhara National Regional State Bureaus

Tesega Tadesse Demeke

doi:doi:10.11648/j.ijeee.20200506.11

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Determinants of External Audit Effectiveness: The Case of Amhara National Regional State Bureaus

Tesega Tadesse Demeke

Published in International Journal of Economy, Energy and Environment (Volume 5, Issue 6)

Received: 26 September 2020 Accepted: 10 October 2020 Published: 4 December 2020

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Abstract

This paper aims to find out the Determinants of external audit effectiveness when performing its duties and responsibilities to examine the most significant Determinants among them with particular emphasis on Amhara National Regional State budgetary bureaus using mixed research approach. Primary data were collected using questionnaire and Interview by using descriptive statistics and multiple regression analysis methods. The main findings of the study were public sectors’ assets had been unable to provide reasonable assurance by auditing whether the general objectives of organizations are accomplished. These indicated that there is Weakness in the internal control of entities which includes effective systems of risk management, an effective internal audit function, internal control and an audit committee as part of the framework of control. To address the problems stated above the public bodies should give due attention to establish an audit committee, comprising nonexecutive members with the responsibility for independent review of the framework of control of the external audit process.

Published in	International Journal of Economy, Energy and Environment (Volume 5, Issue 6)
DOI	10.11648/j.ijeee.20200506.11
Page(s)	90-95
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2020. Published by Science Publishing Group

Keywords

External Audit, External Audit Function, External Audit Effectiveness, Public Sectors

References

[1]	ANRSOAG (2005- 2011) The Amhara National Regional state office of the auditor general reestablishment proclamation revised proclamation NO. 6/1993 and 186/2011. Bahir Dar.
[2]	ANRSOAG (2014) Amhara National Regional state office of the auditor general Audit coverage Quality and impact; Audit research & consultation core process: Bahir Dar.
[3]	ANRSOAG (2013Amhara National Regional state office of the auditor general) Performance indicators of OAG (from 1994 to 2013). Booklet, page 11-14; Bahir Dar.
[4]	Arens and loebbecke, (2000) Auditing in an integrated approach 5^th edition prentice inc. in USA.
[5]	Ayele. M. T (2013) assessment of determinants of internal audit Effectiveness University of Gondar.
[6]	According to (chawla C., 2011) The Importance of Supreme Audit Institutions in Curbing Corruption for Reconstruction and Development is worldwide.
[7]	Internal and external auditor should work closely together, in particular to co-ordinate activity and maximize audit effectiveness (David, 2004).
[8]	(DeFond & Francis, 2004) stated that the importance of auditing in maintaining credible financial markets, and its role in the process of corporate governance.
[9]	Audit plays an important economic role in serving the public interest to strengthen accountability and reinforce trust and confidence in financial reporting (Gad A., 2015).
[10]	(Getachew A, 2014) on Role of External Auditing in Public Financial Management.
[11]	(Hayes, 2005) theories of auditing New Jersey: prentice Hall.
[12]	IIA. The Role of Auditing in Public Sector Governance / www.theiia.org.
[13]	IIA. (2014) Supplemental Guidance: The Role of Auditing in Public Sector Governance 2^nd edition.
[14]	Mihret, D. and Yismaw. A. (2007) internal audit effectiveness: an Ethiopian public Sector case study. Addis Ababa University.
[15]	Mihret. D. G and Admasu. M. A (2011) Reliance of External Auditors on Internal Audit Work: A Corporate Governance Perspective. International Business Research, Vol. 4, No. 2.
[16]	(Molina-Azorin, Bergh, Corley, and Ketchen, 2018) (shewamene Hailemariam 2003) Determinants of internal audit effectiveness.

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APA Style

Tesega Tadesse Demeke. (2020). Determinants of External Audit Effectiveness: The Case of Amhara National Regional State Bureaus. International Journal of Economy, Energy and Environment, 5(6), 90-95. https://doi.org/10.11648/j.ijeee.20200506.11

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ACS Style

Tesega Tadesse Demeke. Determinants of External Audit Effectiveness: The Case of Amhara National Regional State Bureaus. Int. J. Econ. Energy Environ. 2020, 5(6), 90-95. doi: 10.11648/j.ijeee.20200506.11

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AMA Style

Tesega Tadesse Demeke. Determinants of External Audit Effectiveness: The Case of Amhara National Regional State Bureaus. Int J Econ Energy Environ. 2020;5(6):90-95. doi: 10.11648/j.ijeee.20200506.11

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@article{10.11648/j.ijeee.20200506.11,
  author = {Tesega Tadesse Demeke},
  title = {Determinants of External Audit Effectiveness: The Case of Amhara National Regional State Bureaus},
  journal = {International Journal of Economy, Energy and Environment},
  volume = {5},
  number = {6},
  pages = {90-95},
  doi = {10.11648/j.ijeee.20200506.11},
  url = {https://doi.org/10.11648/j.ijeee.20200506.11},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijeee.20200506.11},
  abstract = {This paper aims to find out the Determinants of external audit effectiveness when performing its duties and responsibilities to examine the most significant Determinants among them with particular emphasis on Amhara National Regional State budgetary bureaus using mixed research approach. Primary data were collected using questionnaire and Interview by using descriptive statistics and multiple regression analysis methods. The main findings of the study were public sectors’ assets had been unable to provide reasonable assurance by auditing whether the general objectives of organizations are accomplished. These indicated that there is Weakness in the internal control of entities which includes effective systems of risk management, an effective internal audit function, internal control and an audit committee as part of the framework of control. To address the problems stated above the public bodies should give due attention to establish an audit committee, comprising nonexecutive members with the responsibility for independent review of the framework of control of the external audit process.},
 year = {2020}
}

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TY  - JOUR
T1  - Determinants of External Audit Effectiveness: The Case of Amhara National Regional State Bureaus
AU  - Tesega Tadesse Demeke
Y1  - 2020/12/04
PY  - 2020
N1  - https://doi.org/10.11648/j.ijeee.20200506.11
DO  - 10.11648/j.ijeee.20200506.11
T2  - International Journal of Economy, Energy and Environment
JF  - International Journal of Economy, Energy and Environment
JO  - International Journal of Economy, Energy and Environment
SP  - 90
EP  - 95
PB  - Science Publishing Group
SN  - 2575-5021
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AB  - This paper aims to find out the Determinants of external audit effectiveness when performing its duties and responsibilities to examine the most significant Determinants among them with particular emphasis on Amhara National Regional State budgetary bureaus using mixed research approach. Primary data were collected using questionnaire and Interview by using descriptive statistics and multiple regression analysis methods. The main findings of the study were public sectors’ assets had been unable to provide reasonable assurance by auditing whether the general objectives of organizations are accomplished. These indicated that there is Weakness in the internal control of entities which includes effective systems of risk management, an effective internal audit function, internal control and an audit committee as part of the framework of control. To address the problems stated above the public bodies should give due attention to establish an audit committee, comprising nonexecutive members with the responsibility for independent review of the framework of control of the external audit process.
VL  - 5
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Author Information

Tesega Tadesse Demeke

Department of Accounting and Finance, College of Business and Economics, Bahir Dar University, Bahir Dar, Ethiopia

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APA Style

Tesega Tadesse Demeke. (2020). Determinants of External Audit Effectiveness: The Case of Amhara National Regional State Bureaus. International Journal of Economy, Energy and Environment, 5(6), 90-95. https://doi.org/10.11648/j.ijeee.20200506.11

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ACS Style

Tesega Tadesse Demeke. Determinants of External Audit Effectiveness: The Case of Amhara National Regional State Bureaus. Int. J. Econ. Energy Environ. 2020, 5(6), 90-95. doi: 10.11648/j.ijeee.20200506.11

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AMA Style

Tesega Tadesse Demeke. Determinants of External Audit Effectiveness: The Case of Amhara National Regional State Bureaus. Int J Econ Energy Environ. 2020;5(6):90-95. doi: 10.11648/j.ijeee.20200506.11

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@article{10.11648/j.ijeee.20200506.11,
  author = {Tesega Tadesse Demeke},
  title = {Determinants of External Audit Effectiveness: The Case of Amhara National Regional State Bureaus},
  journal = {International Journal of Economy, Energy and Environment},
  volume = {5},
  number = {6},
  pages = {90-95},
  doi = {10.11648/j.ijeee.20200506.11},
  url = {https://doi.org/10.11648/j.ijeee.20200506.11},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijeee.20200506.11},
  abstract = {This paper aims to find out the Determinants of external audit effectiveness when performing its duties and responsibilities to examine the most significant Determinants among them with particular emphasis on Amhara National Regional State budgetary bureaus using mixed research approach. Primary data were collected using questionnaire and Interview by using descriptive statistics and multiple regression analysis methods. The main findings of the study were public sectors’ assets had been unable to provide reasonable assurance by auditing whether the general objectives of organizations are accomplished. These indicated that there is Weakness in the internal control of entities which includes effective systems of risk management, an effective internal audit function, internal control and an audit committee as part of the framework of control. To address the problems stated above the public bodies should give due attention to establish an audit committee, comprising nonexecutive members with the responsibility for independent review of the framework of control of the external audit process.},
 year = {2020}
}

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TY  - JOUR
T1  - Determinants of External Audit Effectiveness: The Case of Amhara National Regional State Bureaus
AU  - Tesega Tadesse Demeke
Y1  - 2020/12/04
PY  - 2020
N1  - https://doi.org/10.11648/j.ijeee.20200506.11
DO  - 10.11648/j.ijeee.20200506.11
T2  - International Journal of Economy, Energy and Environment
JF  - International Journal of Economy, Energy and Environment
JO  - International Journal of Economy, Energy and Environment
SP  - 90
EP  - 95
PB  - Science Publishing Group
SN  - 2575-5021
UR  - https://doi.org/10.11648/j.ijeee.20200506.11
AB  - This paper aims to find out the Determinants of external audit effectiveness when performing its duties and responsibilities to examine the most significant Determinants among them with particular emphasis on Amhara National Regional State budgetary bureaus using mixed research approach. Primary data were collected using questionnaire and Interview by using descriptive statistics and multiple regression analysis methods. The main findings of the study were public sectors’ assets had been unable to provide reasonable assurance by auditing whether the general objectives of organizations are accomplished. These indicated that there is Weakness in the internal control of entities which includes effective systems of risk management, an effective internal audit function, internal control and an audit committee as part of the framework of control. To address the problems stated above the public bodies should give due attention to establish an audit committee, comprising nonexecutive members with the responsibility for independent review of the framework of control of the external audit process.
VL  - 5
IS  - 6
ER  -

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