The extent of the Libyan Audit Bureau’s commitment to the quality control procedures contained in INTOSAI Standard (140)

A field study on the general administration of the Libyan Audit Bureau

Abstract

This study aimed to identify the extent of the Libyan Audit Bureau's compliance with the quality control procedures included in the INTOSAI standard (140), in order to contribute to clarifying the strengths and weaknesses in applying. In order to achieve the objectives of the study, the descriptive-analytical approach was used in the study procedures, and a questionnaire was designed commensurate with the subject of the study and its objectives. The study population was (208) financial auditors at the main office within the Libyan Audit Bureau. As a result of the homogeneity of the study population and the concentration of most of the financial auditors in the main office within the Libyan Audit Bureau, the researchers chose the main office of the Libyan Audit Bureau as the study population. Due to the difficulty of communicating with all the target population, a stratified random sample was chosen from the total size of the population, using the law for determining the size of the sample, and the sample was (101) individuals. The study findings show that there is a relatively high commitment from the Libyan Audit Bureau to apply the quality control system in accordance with the requirements of INTOSAI Standard (140) in terms of: leadership responsibilities related to quality, rules of ethical behavior, work scope policies and procedures, professional, legal and organizational controls in the performance of its tasks monitoring, in addition to the presence of relative weakness in terms of: policies and procedures for developing and training human resources.