The  Ownership Structure and Auditor Professional Specialization: An Exploratory Study

Sundus  Majid Reda Al-Jaafari; Hussam  Dakhil Alnasrawii

المؤلفون

Sundus Majid Reda Al-Jaafari Department of Accounting, faculty of Administration and Economics, University of Kufa
Hussam Dakhil Alnasrawii Department of Accounting, faculty of Administration and Economics, University of Kufa

الكلمات المفتاحية:

Ownership structure. External Auditor. Professional specialization of the auditor.

الملخص

The paper aims to shed light on the intellectual framework of ownership structures and study the nature of ownership structures and methods of measuring them. it also indicates the role of the professional specialization of the auditor and its relationship to ownership structures by applying to a sample of the economic units listed in the Iraq Stock Exchange. the sample includes (14) banks during the years (20-12-2021) Which reached the number of pain-witnesses (140) respondents. The study variables were quantitatively measured for ownership structures through the equation (ownership structure, number of shares owned by the economic unit ÷ number of outstanding shares). The weighted market share scale was also adopted to measure the level of professional specialization of the offices and companies that practiced auditing the banks of the research sample. The study has used that not hypothesis testing descriptive statistics, correlation matrix, and linear interference testing to reach conclusions and conclusions. The theoretical study found that there is an integrated and reciprocal relationship between the ownership structures and the professional specialization of the auditor characterized by feedback through improving the usefulness and credibility of financial information. the findings indicate that there is a statistically significant relationship between the ownership structure and the professional specialization of the auditor of the economic units of the research sample. Therefore, there is a need to support and strengthen the professional specialization of audit offices and companies to practice their activity and encourage Iraqi economic units on the importance of contracting with professionally specialized audit offices and companies. For possessing the competence and ability to detect and evaluate the risks of the existence of cases of material misrepresentations and profit manipulation practices, and this contributes to enhancing credibility and confidence in the financial statements and improving their reputation in the Iraq Stock Exchange

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