Aflevering Farview #11 - Prof. Dr. Jasmijn Bol - Het Effect Van 'Audit Culture' Op Audit Kwaliteit

In the 11th episode of FARview, our guest is professor Jasmijn Bol of Tulane university. On october 16th, she gave a masterclass on the topic of audit culture and its effects on audit quality. In this podcast episode we follow up on this masterclass with an in-depth discussion. In business, employees are one of the most important drivers of success. Audit firms, in particular, rely greatly on employee cooperation and know-how to achieve organizational objectives. As a result, smart audit firms motivate and guide staff members to organizational goals. Without proper motivation and guidance, employees take actions that may not enhance organizational value or may even take actions that destroy value. Importantly, this does not necessarily suggest that they engage in fraud or intentional negative behavior, because value also evaporates, for example, when employees simply prioritize the wrong actions on a busy day. To mitigate these motivation and direction concerns, effective audit firms use a management control system. In this research study, the project team examines how Dutch audit firms use their management control system to motivate and direct auditors’ efforts towards audit quality. Link to the video of the masterclass: https://youtu.be/hUKKYV-xaQg Link to practice note: https://foundationforauditingresearch.org/en/news/far-practice-note-the-effect-of-audit-culture-on-audit-quality/ Royalty Free Music from Bensound