The Role of Applying the International Auditing Standard (240) in Improving the Quality of the Auditor’s Report - an Analytical Study of the Opinions of a Sample of Auditors in the Kurdistan Region – Iraq

Abstract

The research aims to explain the role of applying the International Auditing Standard (240) in improving the quality of the auditor’s report. To achieve the goal of the research, the researchers relied on primary sources, which is the design of the questionnaire that was designed based on previous studies and the theoretical aspect of the research. The questionnaire consists of three main parts, including a part The first paragraphs aim to know the characteristics of the research sample, the second part is knowledge about the research variables, and the third and final part includes (20) paragraphs that were used to collect data, aiming to test hypotheses and answer questions related to the research problem. The members of the research sample reached (37), including (25) certified auditors and ( 12) chartered accountants  in auditing offices and companies, and after analyzing the data using the statistical program (SPSS) and testing the research hypotheses, a set of results were reached, the most important of which are: Applying the International Auditing Standard (240) The auditor’s responsibilities related to fraud in auditing the financial statements have a positive and significant impact on Improving the quality of the auditor’s report, and in light of the research results, the researchers recommend a number of recommendations, the most important of which are: the necessity of developing the guardian’s audit standard (240) for detecting fraud, applying it on the ground, and adapting it according to the economic conditions and Iraqi laws.