JOINT AUDIT AND AUDIT QUALITY: A REVIEW OF LITERATURE

Abstract

The study is a review of the literature on joint audits and audit quality. The study adopts the library-based methodology which essentially entails a review of extant literature as the basis for understanding the research issue and reaching necessary inferences. The review of literature has shown that the debate on joint audits in improving audit quality is still very contentious. Firstly, there is a paucity of joint audit literature. There is a possibility that the limited number of required joint regimens is a contributing factor to the absence of adequate previous evidence. Secondly, it was observed that only few studies have been conducted by Nigerian authors with divergent results using different theoretical framework and methodologies. Given the prevalence two contending perspectives in the debate as to whether joint audits should be a mandatory prerequisite or remain a voluntary practice for listed companies, the study suggests an empirical investigation to address this unending debate.