research proposal presentation on "perception of audit"

RESEARCH METHODOLOGY-4105

RESEARCH PROPOSAL PRESENTATION

PREPARED FOR:

Professor Md. Abdul HakimChairman, Accounting and Information systems Department

Faculty Of Business Studies

University Of Dhaka

PREPARED BY:

FARAAZ NASIR HOSSAINID-156, Batch-19th, SECTION-C

Accounting and Information Systems Department

University of Dhaka

Perception

AUDITOF

IN

BACKGROUND OF STUDY STATEMENT OF PROBLEM OBJECTIVE OF STUDY

LIMITATIONS OF STUDYMETHODOLOGY OF STUDYSIGNIFICANCE OF STUDY

PRESENTATION OUTLINE

BACKGROUNDPROBLEM STATEMENT OBJECTIVE SIGNIFICANCE OF STUDY METHODOLOGY LIMITATIONS

FINACIAL AND INVESTMENT

SECTOR OF BANGLADESH

BACKGROUND OF STUDY

BACKGROUNDPROBLEM STATEMENT OBJECTIVE METHODOLOGY LIMITATIONS

FINACIAL AND INVESTMENT

SECTOR OF BANGLADESH

Preparation of true and fair

financial statements.

Proper & convenient audit of

records.

No standard reporting format.

Non-accountant v/s Accountant

users.

Auditors and managers

responsibility.

Emphasis of audit report.

BACKGROUND OF STUDY

BACKGROUNDSIGNIFICANCE OF STUDY

PROBLEM STATEMENT OBJECTIVE METHODOLOGY LIMITATIONS

BACKGROUND OF STUDY

SIGNIFICANCE OF STUDY

Emphasis of audit report

Management’s Responsibility.

Independence of auditors.

Detection of material misstatements only.

BACKGROUND

THE PROBLEM

BACKGROUND

PROBLEM STATEMENT

OBJECTIVE METHODOLOGY LIMITATIONSSIGNIFICANCE OF STUDY

STATEMENT OF PROBLEM

MEASURING FINANCIAL AND NON-FINANCIAL INVESTORS

PERCEPTION ABOUT AUDIT.

IDENTIFYING WHETHER ANY EXPECTATION GAP EXISTS

REARDING AUDIT.

BACKGROUND OBJECTIVE METHODOLOGY LIMITATIONSSIGNIFICANCE OF STUDY

FOCUSING ISSUES

1

2

Perception about auditor’s responsibility.

Perception about audit reliability.

BACKGROUND

PROBLEM STATEMENT

OBJECTIVE METHODOLOGY LIMITATIONS

BACKGROUND OBJECTIVE METHODOLOGY LIMITATIONSSIGNIFICANCE OF STUDY

FOCUSING ISSUES

4

3

Expectation gap among users.

Usefulness of audit in decision making.

BACKGROUND

PROBLEM STATEMENT

OBJECTIVE METHODOLOGY LIMITATIONS

BACKGROUND PROBLEM STATEMENTOBJECTIVE

METHODOLOGY LIMITATIONSSIGNIFICANCE OF STUDY

OBJECTIVE OF STUDY

INVESTIGATING AUDIT

EDUCATION

IDENTIFYING REASON

FOR EXPECTATION GAP

IDENTIFYING WAYS TO

REDUCE EXPECTATION GAP

1 2 3

BACKGROUND PROBLEM STATEMENT OBJECTIVE METHODOLOGY LIMITATIONSSIGNIFICANCE OF STUDY


Help reduce expectation gap .

Clear public misconception.

Ensure proper decision making that saves time and money.

BACKGROUND PROBLEM STATEMENT OBJECTIVEMETHODOLOGY

LIMITATIONSSIGNIFICANCE OF STUDY

LITERATURE REVIEW: Humphrey(1996)

1 No significant difference regarding perception about accounts

compliance with company laws or accounting principles.

2 Significant difference in perception regarding auditor’s

responsibilities.



LITERATURE REVIEW: Humphrey(1996)

3 Auditors perceived themselves as more restricted than other

groups.

4 Financial reporting gap in addition to expectation gap.



LITERATURE REVIEW: Monroe & Woodcliff(1994)

Impact of audit education in

creating expectation gap.

Change in the form of long-form

report.

New differences in beliefs between

auditors and user groups emerged.



LITERATURE REVIEW: Munir Sidani(2007)

1 2

Legal Professionals have a better

understanding of the role of

auditors compared to other users.

Country law can create greater

impact on the auditing process.



DEFINITION OF “EXPECTATION GAP”

Expectation gap is defined as "the difference between what

the public and financial statement users believe auditors are

responsible for and what auditors themselves believe their

responsibilities are.”



SURVEY GROUPS

Bank Loan Officers

#1

General Investors

#2

Stockbrokers

#3



SURVEY INSTRUMENTS

QUESTIONNAIRES

Personal questions

Audit perception questions



DATA COLLECTION METHOD

Physical Interview by filling

out questionnaires.

Mailing out questionnaires

to respondents.Social Media

(Facebook, TWITTER)

FOR SECONDARY DATA ONLINE ARTICLES

RELATING TO EXPECTATION GAP AND

RELEVANT LITERATUES ARE TO BE USED.



DATA ANALYSIS METHOD

ANOVA Analysis

For hypothesis

testing

Standardizing Answers

For comparing

respondents

results to

standard results.

BACKGROUND PROBLEM STATEMENT OBJECTIVE METHODOLOGY

LIMITATIONS


LIMITATIONS OF STUDY

Reliability of the responses of the complete survey as there

are non-accountants as well as auditors.

The experimental method employed to test the effectiveness

of reading material to educate users may have limited

validity resulting from the use of post-test method.