Determining an external auditor's professional value through a proposed professional valuation equation based on the Philippine Board of Accountancy core competency framework

• Main Authors: Ramos, Nikitta Lourdes D., Quipones, Shaun Kevin U., Cruz, Salve Regina L.
• Format: text
• Language: English
• Published: Animo Repository 2008
• Subjects: Auditors > Professional ethics; Accountants > Professional ethics
• Online Access: https://animorepository.dlsu.edu.ph/etd_bachelors/5995
• Institution: De La Salle University

The Professional Value is a numerical representation of an external auditor's competency in three key areas namely knowledge, intellectual skills and interpersonal skills. Using a point systems and a proposed professional valuation equition (PPVE), the professional value of 308 external auditors - partners, directors and associates were determined. Further analyses of the Professional Value show that knowledge and intellectual skills are most important competencies to auditors while interpersonal skills is the least important. Descriptive statistics, correlation and multiple regression analysis of the Professional Values and recommendations for, auditing firms and future research are discussed.