THE IMPACT OF PANDEMIC RESTRICTIONS ON MAINTAINING LOYALTY TO THE PRINCIPLES OF PROFESSIONAL ETHIC IN AUDIT

Noticing the growing interest of the auditing profession in providing services to the users at the highest level of performance, it has appeared an increasingly stringent need for ethical standards, which purpose is to promote the ethics culture in the audit activity. The COVID-19 pandemic had a si...

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Main Author: ȘOIMU, Sergiu
Format: Article
Language:English
Published: Technical University of Moldova 2022-12-01
Series:Journal of Social Sciences
Subjects:
Online Access:https://jss.utm.md/wp-content/uploads/sites/21/2023/01/10.52326-jss.utm_.2022.5-4.02.pdf
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author ȘOIMU, Sergiu
author_facet ȘOIMU, Sergiu
author_sort ȘOIMU, Sergiu
collection DOAJ
description Noticing the growing interest of the auditing profession in providing services to the users at the highest level of performance, it has appeared an increasingly stringent need for ethical standards, which purpose is to promote the ethics culture in the audit activity. The COVID-19 pandemic had a significant impact on all aspects of life, but also on the audit activity. This situation, required the auditors to review the audit process, and the resulting economic risks led to an increase in the auditor's attention to obtaining reasonable assurance as to the continuity of his client's business by providing sufficient adequate audit evidence. This is the reason why it is necessary that the auditor respect every time the ethical standards, decreasing in this way the audit risks and protect the image of audited entity. This scientific work seeks to investigate the impact of the COVID-19 pandemic on maintaining ethics in auditing. In this case, an online questionnaire covering the aspects of professional ethics was disseminated among the Moldovan auditors. The obtained answers show the fidelity of the auditors towards the principles of professional ethics in auditing and in unforeseen circumstances.
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spelling doaj-art-97fc3ea4875247d385d27dffd833f4652025-08-20T02:12:38ZengTechnical University of MoldovaJournal of Social Sciences2587-34902587-35042022-12-0154148162https://doi.org/10.52326/jss.utm.2022.5(4).02THE IMPACT OF PANDEMIC RESTRICTIONS ON MAINTAINING LOYALTY TO THE PRINCIPLES OF PROFESSIONAL ETHIC IN AUDITȘOIMU, Sergiu0https://orcid.org/0000-0002-5484-6883Academy of Economic Studies of MoldovaNoticing the growing interest of the auditing profession in providing services to the users at the highest level of performance, it has appeared an increasingly stringent need for ethical standards, which purpose is to promote the ethics culture in the audit activity. The COVID-19 pandemic had a significant impact on all aspects of life, but also on the audit activity. This situation, required the auditors to review the audit process, and the resulting economic risks led to an increase in the auditor's attention to obtaining reasonable assurance as to the continuity of his client's business by providing sufficient adequate audit evidence. This is the reason why it is necessary that the auditor respect every time the ethical standards, decreasing in this way the audit risks and protect the image of audited entity. This scientific work seeks to investigate the impact of the COVID-19 pandemic on maintaining ethics in auditing. In this case, an online questionnaire covering the aspects of professional ethics was disseminated among the Moldovan auditors. The obtained answers show the fidelity of the auditors towards the principles of professional ethics in auditing and in unforeseen circumstances.https://jss.utm.md/wp-content/uploads/sites/21/2023/01/10.52326-jss.utm_.2022.5-4.02.pdfauditorprofessional ethicsintegrityobjectivenessaudit riskcovid-19
spellingShingle ȘOIMU, Sergiu
THE IMPACT OF PANDEMIC RESTRICTIONS ON MAINTAINING LOYALTY TO THE PRINCIPLES OF PROFESSIONAL ETHIC IN AUDIT
Journal of Social Sciences
auditor
professional ethics
integrity
objectiveness
audit risk
covid-19
title THE IMPACT OF PANDEMIC RESTRICTIONS ON MAINTAINING LOYALTY TO THE PRINCIPLES OF PROFESSIONAL ETHIC IN AUDIT
title_full THE IMPACT OF PANDEMIC RESTRICTIONS ON MAINTAINING LOYALTY TO THE PRINCIPLES OF PROFESSIONAL ETHIC IN AUDIT
title_fullStr THE IMPACT OF PANDEMIC RESTRICTIONS ON MAINTAINING LOYALTY TO THE PRINCIPLES OF PROFESSIONAL ETHIC IN AUDIT
title_full_unstemmed THE IMPACT OF PANDEMIC RESTRICTIONS ON MAINTAINING LOYALTY TO THE PRINCIPLES OF PROFESSIONAL ETHIC IN AUDIT
title_short THE IMPACT OF PANDEMIC RESTRICTIONS ON MAINTAINING LOYALTY TO THE PRINCIPLES OF PROFESSIONAL ETHIC IN AUDIT
title_sort impact of pandemic restrictions on maintaining loyalty to the principles of professional ethic in audit
topic auditor
professional ethics
integrity
objectiveness
audit risk
covid-19
url https://jss.utm.md/wp-content/uploads/sites/21/2023/01/10.52326-jss.utm_.2022.5-4.02.pdf
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