Factor influencing audit workplace behavior: Bangladesh perspective

Abstract

In Bangladesh, ICAB is the body who gave license to the Audit firm as well as certifies members or Chartered Accountants. A Chartered Accountant firm is licensed organization that can provide assurance that the financial report of the organization is true and fare. Audit behavior is the behavior of the auditors as well as their workplace which is practiced by the auditors during any internal as well as external audit. The audit is conducted by the guidelines of some authoritarian bodies like for Banks, Bangladesh Bank; or for Telecommunication Service Providers, BTRC (Bangladesh Telecommunication Regulatory Body) is the authoritarian or regulatory body. The core task of auditors is to investigate whether the organization is following guidelines provided by them as well as the Financial Reporting Standards (IFRS or BFRS for Bangladesh) is followed while preparing the financial statement. Therefore audit workplace behavior is very important to measure the risk and finding the factors those directly involve with it. The basic objective is to investigate those factors and also establish the factor those indicates audit behavior in the case of financial audit in Bangladesh. For conducting the study random sample is selected based on experience in this field. Snowball sampling is utilized to reach the questionnaire to the respondents. The respondents are auditors working in Chartered Accountant Firm and involved in audit team. The questionnaire or variable is designed to investigate the workplace behavior such as guideline compatibility, time budget, efficiency and ethical behavior. The findings of the survey indicate different dimensions of analytical view. However it gives a positive indication about the real scenario of this field.