Evaluating the relevance of auditors in the modern business environment: A study on the impact of expanded IFRS disclosures

This research emphasizes the increasing role of auditors in a dynamic business landscape, primarily due to stricter disclosure requirements under International Financial Reporting Standards (IFRS). It will explore how these standards influence auditors’ responsibilities in ensuring accurate and transparent financial reporting. The study will assess various factors, such as auditor tenure, firm size, and industry specialization, and their impact on the accuracy of financial statements. Additionally, it will underscore the importance of auditor independence and competence in upholding the integrity of the report in a complex regulatory environment. The primary goal is to offer insights into how auditors support the production of accurate financial statements in today’s economic and governance context. The research will also investigate how these variables affect the quality of financial reporting, especially given stakeholders’ growing demands for transparency and accountability. By reviewing the current literature, this study will synthesize key findings on factors that influence audit quality and their relationship to enhanced IFRS disclosure standards. Ultimately, it aims to improve understanding of how audit practices are adapting to preserve the credibility of financial information in a highly regulated environment.