Research on external factors affecting the quality of auditing ODA capital-funded investment projects conducted by the the State Audit Office of Vietnam (SAV)

Abstract

Although there are several factors that affect the quality of an audit, this research is only for the purpose of identifying
and assessing to what extent external factors have effects on the quality of auditing investment projects funded by
ODA capital. Based on qualitative and quantitative database, researches indicate that legal framework is a group
of factors that has more important influences on the audit quality rather than a group of factors belonged to Project
Management Board. Among the group of factors of legal framework, the level they affect the audit quality decreases
gradually considered as the accordance to the Law of Auditing; the appropriateness to Audit Guidelines and to Audit
process. Besides, among the group of factors of Project Management Board, the gradually decreasing level of affecting
the audit quality is considered due to the cooperation within the Board; the capacity of the Board; the understanding of
the Board and the quality of internal control. The research results can be seen as the basis on which the SAV focuses on
improving the quality of auditing ODA-funded investment project