The Impact of Applying the Joint Audit on the Form and Content of the External Auditor’s Report (A field study on a number of external audit offices operating in the city of Tripoli)

Abstract

This study aimed to introduce the concept of joint review by trying to reach a general agreement on certain contents of the joint review report in a way that guarantees the Libyan economic units the transparency and integrity required for users of their lists. The sources for collecting its data were the questionnaire as a primary source prepared specifically for the purpose of the study, to test the extent of the impact of applying the joint review on the form and content of the auditor’s report, as well as many secondary sources such as books, magazines, scientific theses, and websites. The study population consisted of experienced and competent accountants and auditors in audit offices operating in the city of Tripoli, where 93 questionnaires were distributed to them. The number of questionnaires that were returned was 80, all of which were valid questionnaires for the study. This study concluded that the joint review has a major role in strengthening the quality of the review process in general and that the content of the joint review report does not differ from the content of the individual review report, and the form of the joint review report does not differ from the form of the individual review report, except in the possibility of its approval by two reviewers.