Nonprofit organizations’ choice in favor of a sector expert auditor
A study of behavioral choice criteria
Bibliographic Data
| ID | 20201286 |
|---|---|
| Authors | Anne‐Mie Reheul (0000-0002-1596-801X), Anne-Mie Reheul, Tom Van Caneghem (0000-0002-1204-5789), Sandra Verbruggen |
| Year | 2015 |
| Volume | 27 |
| Issue | 2 |
| Pages | 179-224 |
| Publication date | 2015-03-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Journal of Public Budgeting Accounting & Financial Management (JOURNAL) |
| Journal identifiers | ISSN: 1096-3367 • E-ISSN: 1945-1814 |
| Publisher | Emerald (PUBLISHER) |
| DOI | 10.1108/jpbafm-27-02-2015-b003 |
| OpenAlex | W2525676088 |
| Language | EN |
| References cited | 50 |
From 2006 onwards very large Belgian nonprofit organizations (NPOs) are legally required to appoint an external auditor. In this context we investigate whether auditor choice in favor of a sector expert, being a higher quality auditor, is associated with NPOs’ expectations regarding several auditor attributes. We find that NPOs are more likely to choose a sector expert if they attach higher importance to an auditor’s client focus and relationship with management. NPOs are less likely to choose a sector expert if they care more about the practical execution of the audit. We provide recommendations for increasing the appeal of sector expertise as valuable auditor attribute. The resulting quality increase of NPOs’ financial statements and audit reports could benefit various stakeholders
Appeal · Audit · Auditor independence · Auditor's report · Business · External auditor · Internal audit · Joint audit · Political science · Quality audit · Accounting and Organizational Management · Auditing, Earnings Management, Governance · Nonprofit Sector and Volunteering · Accounting
| Citation velocity | historical |
|---|---|
| Highly cited | No |