Auditing Practices in Algeria under the Standard 505: An Empirical Study from the Views of Auditors
Keywords:
Auditing practices, Algerian Standards on Auditing, International Standards on Auditing, External confirmationsAbstract
The aim of this study is to explore the reality of auditing practices in Algeria regarding external confirmations when compared with the standard NAA 505 “External confirmations”. The methodology of the study focused on survey the opinions of 32 professionals from Skikda through a questionnaire, which was designed to provide an index of how auditors deal with external confirmations, taking into account legislation, procedures, and dealing with the results. The duration of the study was extended from September to December 2023. The results of the study indicated that legislation plays a key role in improving audit practices in Algeria. Further, the audit procedures implemented by auditors in Skikda are generally consistent with the recommendations of NAA 505, and finally, auditors employ the auditing results consistent with the recommendations of NAA 505
