Improving the Quality of the External Audit and Their Role in the Audit Committees

Abstract

The study reviews committees and their role in improving the external audit quality through examining a case study of Sudanese banks. The study problem can be formulated from the following questions: Is there a relation between the independence of the audit committees and the quality of the external audit process? The impact of the expertise and knowledge of the members of the review committees in improving the quality of the external audit the importance of scientific research in bridging the gap in the studies that dealt with the audit committees and linking them to the quality of external audit stems from the importance of the study of the vital role played by the review committees in strengthening the quality of external audit.  The study's objective is to know the role of the review committees in improving the quality of the external audit and clarify the theoretical framework of the review committees. To achieve the study's objectives, the following hypotheses were formulated: There is a statistically significant relationship between the independence of the review committees and the improvement of the quality of the external audit. There is a statistically significant relationship between the experience and knowledge of the members of the review committees and the improvement of the quality of the external audit and external audit quality. The study adopted the descriptive analytical method using the statistical package for social sciences (SPSS). The study of the selection of members of the Audit Committee by the shareholders and with the participation of the Board of Directors leads to the improvement of the quality of the external audit, the selection of members of the Committee from non-executive members leading to the improvement of the quality of external audit. The study concluded with some recommendations. It recommended that the Audit Committee be increased in the bank in additional training sessions to improve the quality of the external audit. Specific conditions must be specified to penalize the Audit Committee in the event of persistent participation in financial and administrative corruption affecting the quality of the external audit.