The influence of auditors’ professionalism on ethical judgement: Differences among practitioners and postgraduate students

La influencia de la profesionalidad de los auditores en su juicio ético: diferencias entre auditores en ejercicio y estudiantes de posgrado

Authors

  • Itsaso Barrainkua Arostegi, Ph.D. Department of Financial Economics I. Faculty of Economics and Business, University of Pais Vasco UPV / EHU, Bilbao, Spain
  • Marcela Espinosa Pike Department of Financial Economics I. Faculty of Economics and Business, University of Pais Vasco UPV / EHU, Bilbao, Spain
DOI: https://doi.org/10.1016/j.rcsar.2017.07.001
Keywords: Auditing profession, Public interest commitment, Ethical judgement, Independence enforcement, Experience

Abstract

Antecedents

Auditors’ professionalism has been criticized in recent years. Literature suggests that professionalism is decreasing due to the current audit market and the predominance of commercial goals.

Objectives

The main objective of this paper is to analyze auditors’ commitment to professionalism through two key professional values: public interest and independence enforcement. In addition, this study analyzes whether postgraduate students’ professional values differ from those of experienced auditors, and among auditors at different career stages. It also studies the influence of public interest commitment and independence enforcement on auditors’ ethical judgement.

Methodology

The research methodology comprised a survey that was distributed among auditors as well as among students enrolled in a postgraduate degree in auditing.

122 responses from Spanish auditors and 55 responses from students in a postgraduate auditing course were obtained.

In order to test the hypothesis, ANOVA tests and a multiple regression analysis were conducted.

Results

The results of this paper reveal that students’ commitment to the public interest and independence enforcement was significantly higher than that of auditors, and that these professional values lowered as auditors gain experience. However, the findings also show that the auditors possess higher ethical judgement than students do. Further, the results reveal that these two values are predecessor of ethical judgement.

Conclusion

This study has practical implications for the improvement of ethical decision-making in auditing, as these results can assist with the proposal of measures that could apply to the education, recruitment, and professional development of auditors.

 

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Published
01-07-2018
How to Cite
Barrainkua Arostegi, I., & Espinosa Pike, M. (2018). The influence of auditors’ professionalism on ethical judgement: Differences among practitioners and postgraduate students: La influencia de la profesionalidad de los auditores en su juicio ético: diferencias entre auditores en ejercicio y estudiantes de posgrado. Revista De Contabilidad - Spanish Accounting Review, 21(2), 176–187. https://doi.org/10.1016/j.rcsar.2017.07.001
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