Designing an optimal model for supervising independent auditing in Iran with the approach of promoting financial transparency and public trust
Keywords:
Optimal model of supervision, auditing, stock exchange, public trustAbstract
The aim of this research is to design an optimal model for supervising independent auditing in Iran with an emphasis on promoting financial transparency and public trust in the capital market. Considering the challenges in the country's auditing supervision structure, including institutional fragmentation, weak professional independence, lack of technological tools, and inefficiency in implementing standards, this research attempts to present a comprehensive, independent, and modern technology-based model. The present study is applied in terms of purpose and descriptive-survey and quantitative in terms of method, and was conducted using structural equation modeling and the partial least squares (PLS) approach. The statistical population included managers and experts from 260 independent auditing firms and the country's audit organization, from which 384 complete questionnaires were selected for analysis. The findings showed that three categories of structural and infrastructural factors, human and managerial, and technological and informational factors have a significant effect on dependent variables such as supervisory structure, organizational policy, human resources, and supervisory effectiveness. The results of the model validation also indicate the favorable fit and strong predictive power of the proposed model. Ultimately, the implementation of this model can lead to increased financial transparency, reduced corruption, improved reporting quality, attracting foreign investors, and strengthening public confidence in the capital market. This model, by utilizing international experiences and adapting to the country's local conditions, will be an effective step towards the sustainable development of the audit oversight system in Iran.
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