Effects of the remote auditing in Iraq during COVD-19

Economic Annals-ХХI: Volume 187, Issue 1-2, Pages: 197-205

Citation information:
Al-Taee, S. H. H. (2021). Effects of the remote auditing in Iraq during COVD-19. Economic Annals-XXI, 187(1-2), 197-205. doi: https://doi.org/10.21003/ea.V187-19


Salowan Hafadh Hamed Al-Taee
PhD (Accounting),
Assistant Professor,
Accounting Department,
College of Administration and Economics,
Al-Mustansiriya University
PO Box 14022, Palestine Str., Baghdad, Iraq
Drsalowan_altaey@Uomustansiriyah.edu.iq,
h.baghban.edu@gmail.com
ORCID ID: https://orcid.org/0000-0002-2640-7461

Effects of the remote auditing in Iraq during COVD-19

Abstract. This paper intends to investigate implications of COVID-19 to the Iraqi market environment’s remote external auditing strategy. The results of this paper were achieved using a desk research designed to examine the potential effect of COVID-19 crisis on three significant audit quality determinants during the pandemic. These techniques include risk management and risk assessment. A descriptive survey of 25 auditing firms and 127 auditing bureaus has been conducted.

There is a consensus and acceptance to introduce remote auditing by external auditors due to the assumption that the consequences of the COVID-19 pandemic will be the greatest challenge for auditors. Furthermore, under normal circumstances as well as during the pandemic phase, the remote auditing method can be introduced. External auditors can incorporate a remote auditing approach that can be customized to suit the unique needs of their clients.

Keywords: Auditing Approach; External Auditors; COVID-19; Remote Auditing; Iraqi Business

JEL Classification: Е24

Acknowledgements and Funding: The author received no direct funding for this research.

Contribution: The author contributed personally to this work.

Data Availability Statement: The author confirms that the data is available from the author upon request.

DOI: https://doi.org/10.21003/ea.V187-19

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Received 8.10.2020
Received in revised form 18.11.2020
Accepted 22.11.2020
Available online 28.02.2021