Assessing the Quality and Transparency of Financial Audit Reporting in the Context of Gender Differences – Evidence from Companies Listed on the Regulated Market

Analyzing the impact of gender differences in financial auditing has become an important research issue with the aim of promoting equity and fairness within profession, on the one hand, and to determine the impact that gender disparities may have on quality, diversity and innovation in financial aud...

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Main Authors: Maria Grosu, Bogdan Narcis Fîrțescu, Raluca Andreev, Camelia Cătălina Mihalciuc
Format: Article
Language:English
Published: Editura Universităţii „Alexandru Ioan Cuza” din Iaşi / Alexandru Ioan Cuza University of Iasi Publishing house 2025-03-01
Series:Scientific Annals of Economics and Business
Subjects:
Online Access:https://saeb.feaa.uaic.ro/index.php/saeb/article/view/2977
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author Maria Grosu
Bogdan Narcis Fîrțescu
Raluca Andreev
Camelia Cătălina Mihalciuc
author_facet Maria Grosu
Bogdan Narcis Fîrțescu
Raluca Andreev
Camelia Cătălina Mihalciuc
author_sort Maria Grosu
collection DOAJ
description Analyzing the impact of gender differences in financial auditing has become an important research issue with the aim of promoting equity and fairness within profession, on the one hand, and to determine the impact that gender disparities may have on quality, diversity and innovation in financial auditing, on the other hand. Quality and transparency are important elements that characterize audit reporting as they contribute to providing reliable and relevant information to stakeholders. Including the impact of gender differences in this equation helps to highlight how quality is perceived, as well as to identify associated risks, evaluate the audit process and communicate audit results. The aim of this study is to investigate how the gender of the signatory of the audit report influences the level of quality and transparency of the issued report, the sample including the firms listed on the Regulated Market of the Bucharest Stock Exchange (BSE) that are subject to the audit of annual financial statements for period 2016-2022. Regression and multiple correspondence factor analysis models are applied on 469 observations. The results of this study show that the quality and transparency of reporting in financial auditing are influenced by gender differences, with mixed teams of auditors leading to higher quality of reporting. Obtaining these results underscores the importance of investigating and raising awareness of the impact of gender disparities in financial auditing and the need to address this issue with utmost care and objectivity in efforts to promote a fairer and more efficient audit profession.
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publishDate 2025-03-01
publisher Editura Universităţii „Alexandru Ioan Cuza” din Iaşi / Alexandru Ioan Cuza University of Iasi Publishing house
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spelling doaj-art-9a0a6ae4f3c94206b25fc90d1835a4e62025-08-20T02:41:24ZengEditura Universităţii „Alexandru Ioan Cuza” din Iaşi / Alexandru Ioan Cuza University of Iasi Publishing houseScientific Annals of Economics and Business2501-31652025-03-01721415810.47743/saeb-2025-00032008Assessing the Quality and Transparency of Financial Audit Reporting in the Context of Gender Differences – Evidence from Companies Listed on the Regulated MarketMaria Grosu0Bogdan Narcis Fîrțescu1Raluca Andreev2Camelia Cătălina Mihalciuc3Alexandru Ioan Cuza University of Iaşi, Faculty of Economics and Business AdministrationAlexandru Ioan Cuza University of Iaşi, Faculty of Economics and Business AdministrationFaculty of Economics and Business Administration, Alexandru Ioan Cuza University of IaşiStefan cel Mare University of Suceava, Faculty of Economics, Administration and BusinessAnalyzing the impact of gender differences in financial auditing has become an important research issue with the aim of promoting equity and fairness within profession, on the one hand, and to determine the impact that gender disparities may have on quality, diversity and innovation in financial auditing, on the other hand. Quality and transparency are important elements that characterize audit reporting as they contribute to providing reliable and relevant information to stakeholders. Including the impact of gender differences in this equation helps to highlight how quality is perceived, as well as to identify associated risks, evaluate the audit process and communicate audit results. The aim of this study is to investigate how the gender of the signatory of the audit report influences the level of quality and transparency of the issued report, the sample including the firms listed on the Regulated Market of the Bucharest Stock Exchange (BSE) that are subject to the audit of annual financial statements for period 2016-2022. Regression and multiple correspondence factor analysis models are applied on 469 observations. The results of this study show that the quality and transparency of reporting in financial auditing are influenced by gender differences, with mixed teams of auditors leading to higher quality of reporting. Obtaining these results underscores the importance of investigating and raising awareness of the impact of gender disparities in financial auditing and the need to address this issue with utmost care and objectivity in efforts to promote a fairer and more efficient audit profession.https://saeb.feaa.uaic.ro/index.php/saeb/article/view/2977audit qualityaudit reportgender differenceskey audit matters (kam)audit opinion.
spellingShingle Maria Grosu
Bogdan Narcis Fîrțescu
Raluca Andreev
Camelia Cătălina Mihalciuc
Assessing the Quality and Transparency of Financial Audit Reporting in the Context of Gender Differences – Evidence from Companies Listed on the Regulated Market
Scientific Annals of Economics and Business
audit quality
audit report
gender differences
key audit matters (kam)
audit opinion.
title Assessing the Quality and Transparency of Financial Audit Reporting in the Context of Gender Differences – Evidence from Companies Listed on the Regulated Market
title_full Assessing the Quality and Transparency of Financial Audit Reporting in the Context of Gender Differences – Evidence from Companies Listed on the Regulated Market
title_fullStr Assessing the Quality and Transparency of Financial Audit Reporting in the Context of Gender Differences – Evidence from Companies Listed on the Regulated Market
title_full_unstemmed Assessing the Quality and Transparency of Financial Audit Reporting in the Context of Gender Differences – Evidence from Companies Listed on the Regulated Market
title_short Assessing the Quality and Transparency of Financial Audit Reporting in the Context of Gender Differences – Evidence from Companies Listed on the Regulated Market
title_sort assessing the quality and transparency of financial audit reporting in the context of gender differences evidence from companies listed on the regulated market
topic audit quality
audit report
gender differences
key audit matters (kam)
audit opinion.
url https://saeb.feaa.uaic.ro/index.php/saeb/article/view/2977
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AT bogdannarcisfirtescu assessingthequalityandtransparencyoffinancialauditreportinginthecontextofgenderdifferencesevidencefromcompanieslistedontheregulatedmarket
AT ralucaandreev assessingthequalityandtransparencyoffinancialauditreportinginthecontextofgenderdifferencesevidencefromcompanieslistedontheregulatedmarket
AT cameliacatalinamihalciuc assessingthequalityandtransparencyoffinancialauditreportinginthecontextofgenderdifferencesevidencefromcompanieslistedontheregulatedmarket