Effect of Mandatory Rotation on Independent Audit Quality: Literature Review

Year 2018, Volume: 1 Issue: 2, 1 - 21, 30.12.2018

Neriman Yalçın

Abstract

After
the financial scandals experienced in the world, mandatory rotation application
in an independent audit that was offered by SOX Rule in 2002 has been subjected
to several academic studies (theoretical and empirical) to provide confidence
and auditor independence. The studies mentioned analyzed the effect of the
mandatory rotation on the audit quality in different country samples under
different rotation conditions at different levels by different variables. The
purpose of this research was to make a summary of the studies in the literature
about the mandatory rotation. In accordance with this purpose, 41 academic
studies were reviewed in terms of their findings about the effect of the
mandatory rotation on the independent audit quality by classifying these
studies with regards to their implementation level. It is concluded at the end
of the evaluations that literature has several different results on many
subjects, notably costs and tenure and the level in which the mandatory
rotation needs to be applied. Moreover, with reference to the literature, there
is a need for empirical surveys in which the benefit and costs of the mandatory
rotation are comparably measured.

Keywords

Mandatory audit firm rotation, Mandatory auditor rotation, Audit quality

Zorunlu Rotasyonun Bağımsız Denetim Kalitesi Üzerine Etkisi: Literatür Değerlendirmesi

Abstract

Dünyada yaşanan finansal skandalların
ardından, denetçi bağımsızlığı ve denetim kalitesine duyulan güvenin sağlanması
ve korunması amacıyla, 2002 yılında SOX Yasası ile önerilen bağımsız denetimde
zorunlu rotasyon uygulaması, birçok akademik (teorik ve ampirik) araştırmaya
konu olmuştur. Söz konusu araştırmalar zorunlu rotasyonun denetim kalitesi
üzerindeki etkisini farklı ülke örneklemlerinde, farklı düzeylerde rotasyon
şartları altında ve farklı değişkenlerle incelemiştir. Bu çalışmanın amacı
zorunlu rotasyon hakkında yapılmış literatürde yer alan söz konusu
araştırmaların toplu bir özetini ortaya koymaktır. Bu amaçla, literatürde yer
alan 41 akademik araştırma uygulanma düzeyi bakımından sınıflandırılarak,
zorunlu rotasyonun bağımsız denetim kalitesine etkisi hakkındaki bulguları
yönünden incelenmiştir. Yapılan değerlendirme sonucunda; literatürün zorunlu
rotasyonun hangi düzeyde uygulanmasının daha faydalı olacağı, maliyetleri ve
süresi başta olmak üzere birçok konuda birbirinden farklı bulgular elde ettiği
sonucuna ulaşılmış olup; zorunlu rotasyonun fayda ve maliyetlerinin
karşılaştırılabilir şekilde ölçüldüğü ampirik araştırmalara ihtiyaç duyulduğu
görülmüştür.

Keywords

Zorunlu denetim firması rotasyonu, Zorunlu sorumlu ortak baş denetçi rotasyonu, Denetim kalitesi

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