An Examination of the Effects of the Pandemic Period on the Independent Audit Process Within the Scope of International Auditing Standards

ERTAN Y.

Accounting, Finance, Sustainability, Governance and Fraud, Springer Nature, ss.293-311, 2026 identifier

  • Yayın Türü: Kitapta Bölüm / Araştırma Kitabı
  • Basım Tarihi: 2026
  • Doi Numarası: 10.1007/978-981-95-5811-7_13
  • Yayınevi: Springer Nature
  • Sayfa Sayıları: ss.293-311
  • Anahtar Kelimeler: Accounting estimates, Ethics, Going concern, Independent audit, Pandemic, Professional judgement, Professional scepticism
  • Bursa Uludağ Üniversitesi Adresli: Evet

Özet

The COVID-19 pandemicCOVID-19 PandemicIndependent Audit has had extensiveInternational Auditing Standards and profound effects on independent audit processes, making it imperative for auditors to use their ethical responsibilities, professional scepticismProfessional Scepticism and judgemental skills more effectively. The economic downturn caused by the pandemic, the widespread adoption of remote working practices, weaknesses in internal control systemsInternal Control Systems and increased fraud risksFraud Risk have further increased the need for reliable financial information. During this process, it has been necessary to apply alternative audit procedures due to difficulties in obtaining audit evidenceAudit Evidence. Additionally, accounting estimatesAccounting Estimates have become more complex and subjective under pandemic conditions, making the audit of such estimates more critical. The assessment of subsequent eventsSubsequent Events and the going concernGoing Concern assumption has become one of the key focus areas of the audit process in the pandemic context. In conclusion, during the pandemic, auditors must act in accordance with independent audit standards while taking into account the extraordinary circumstances, support their obligation to collect sufficient and appropriate audit evidence with technological tools, and maintain audit qualityAudit Quality.