Evaluation of external audit services: An empirical approach on health care organizations

Abstract

The International Auditing Standards mainly concern the quality of audit work and their objective is to help the external auditor provide reasonable assurance for the financial statements with the most effective way. The aim of this paper is to evaluate external audit services based on the International Standards on Auditing. Specifically, there is an empirical approach in the health sector aimed at the investigation of the quality of the audit work, the general principles and responsibilities, the risk assessment, the audit evidence and using the work of others. To facilitate the progress of this research, a questionnaire was created and distributed to the employees of the Economic Departments of the largest health care organizations in Northern Greece. The results depict that “risk assessment”, “audit evidence” and “using the work of others” are factors that affect positively audit quality.