Auditing Standard Setting: A Process Framework
基于文献和28位资深审计准则制定者的访谈，构建了审计准则制定的输入-过程-输出框架，揭示准则制定者特征、活动及与利益相关者的互动如何影响准则的制定与修订。
SUMMARY Auditing standards play an important role in shaping audit practices. Drawing on prior academic and practitioner auditing literature and the process-oriented legitimacy typology from financial reporting research, we develop an input-process-output framework of auditing standard setting. We refine this framework using interview data from 28 highly experienced auditing standard setters. Our results shed light on how auditing standard setters’ characteristics and perspectives (inputs), as well as their activities, decisions, challenges, and interactions with key financial reporting stakeholders (processes), influence the development and revision of auditing standards (outputs). We also provide insights into how some inputs and processes are aimed at (1) producing auditing standards with characteristics that standard setters consider important and (2) contributing to the legitimacy of auditing standards and the standard setting boards. JEL Classifications: M42.