THE USE OF ANALYTICAL PROCEDURES IN AFFILIATED AND NON-AFFILIATED AUDIT FIRMS

Abstract

The aim of the research was to investigate the allocated time and the frequency of the use of analytical procedures in affiliated and non-affiliated audit firms, and to examine the frequency the effectiveness of various types of analytical techniques by difference type of audit firms. Data were collected using questionnaires distributed to 230 auditors in Semarang and Jakarta. Data analysis was performed using software of IBM SPSS statistic 22. The result of the study showed that the majority of the auditors from affiliated audit firms found allocated time to the extent of use analytical procedures in audits that similar greater to non-affiliated audit firms. There was no significant difference in using analytical procedures in all audit stages between auditors working in affiliated and non-affiliated audit firms. Comparative test showed that there was no significant different on the frequency the effectiveness of all analytical techniques between auditors working in affiliated and non-affiliated audit firms. In addition, most of the auditors working in affiliated and non-affiliated audit firms preferred to use simple analytical techniques than sophisticated analytical techniques in practice of audits. Therefore, the implication of the research that there was no significant difference the use analytical procedures between affiliated and non-affiliated audit firms in audit practices.