International Journal of Transformations in Business Management

(By Aryavart International University, India)

International Peer Reviewed (Refereed), Open Access Research Journal

E-ISSN : 2231-6868 | P-ISSN : 2454-468X

IMPACT FACTOR : 5.987 | SJIF 2020: 6.336 |SJIF 2021 : 6.109 | ICV 2020=66.47

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Abstract

Vol: 14, Issue: 3 2024

Page: 001-009

The Resource Planning System and its Role in Enhancing the Quality of External Audit

Rajaa Ali Abed, Fatimah Feza Hadab

http://doi.org/10.37648/ijtbm.v14i03.001

Exploring the notion of the resource planning system and its significance in economic units, as well as the concept of quality of external auditing and auditing's objectives, this research seeks to elucidate the role of the system in improving the quality of external audits. in addition to determining the service quality and demonstrating the connection between the RPS and audit quality. Beginning with the RFP process and working their way up to better external auditing. Among its outcomes, the resource planning system's ability to supply information useful to the external auditor in organizing and overseeing auditors' tasks stands out as the most crucial. Records and documentation are provided to aid in the inspection process, and external audit processes are improved. By utilizing the resource planning system, external auditors can save time and effort during audit procedures, including improving and simplifying inventory processes, and increase the effectiveness of risk determination and error discovery. It also streamlines inventory processes. The most important recommendations are the need for external auditors to participate in training courses to enhance their skills in using advanced systems, and the need to use advanced systems in all economic sectors.

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