The main objective of the study is to examine the relationship between intellectual and emotional intelligence, organizational culture, and auditors' professionalism. Geographically, the study is done in the Sunyani Municipality of the Bono Region of Ghana. The study uses a descriptive research design, and the population of the study includes professional auditors both in the public and private sectors. The purposive sampling method is used in the study. The study uses questionnaires as a data collection instrument. The study finds that intellectual intelligence has no or insignificant effect on the auditors’ professionalism. Also, the results show that emotional intelligence and organizational culture have a significant effect on auditors’ professionalism. The results of the study generally support the conclusion that auditors’ professionalism is influenced by emotional intelligence and organizational culture. The study finds that organizational culture can influence professionalism among auditors. Therefore, it is recommended that organizational culture be taken seriously in an effort to enhance professionalism among auditors. It is also recommended that further studies be carried out to assess the factors affecting emotional intelligence among auditors. Future studies investigating the influence of organizational culture on auditors’ professionalism will also be a step in the right direction.
Table of Contents
INTRODUCTION
Introduction and Problem Statement
Objective of the Study
LITERATURE REVIEW
Concept of Professionalism
Concept of Organizational Cultural
Intellectual Intelligence
Emotional Intelligence
METHODOLOGY
Study Design
Sample Size
Sampling Technique
Research Collection Instruments
RESULTS AND ANALYSIS
Demographic Information
Validity and Reliability Test
Reliability Test
Exploratory Factor Analysis
Regression Analysis
Findings
CONCLUSION
RECOMMENDATIONS
Research Objectives and Themes
The primary objective of this study is to investigate the influence of intellectual intelligence, emotional intelligence, and organizational culture on the professionalism of auditors operating within the Sunyani Municipality of Ghana.
- Analysis of the relationship between cognitive abilities (intellectual intelligence) and audit professionalism.
- Evaluation of how emotional regulation and interpersonal skills (emotional intelligence) impact professional conduct.
- Assessment of the role of organizational culture in shaping the attitudes and performance of auditing staff.
- Methodological application of quantitative descriptive research to identify significant determinants of auditor professionalism.
Excerpt from the Book
Introduction and Problem Statement
Auditing is getting a lot of attention these days since many companies go bankrupt after being audited by a professional accounting company with a supposedly professional team. One of several accounting scandals is the Enron case in 2001. According to Suyono & Al-Farooque (2019) Arthur Andersen accounting firm, one of the world's largest accounting firms, broke its professional code of ethics by falsifying Enron Corporation's financial reporting for commercial gain. Muzio et al. (2016) maintain that modern government's internal governance system with accounting firms enables them to score of a company than a profession, with a focus on short-term profit above long-term esteem.
It is not only with the corporate organizations like Enron that have been involved in a financial scandal. Bhasin (2013) asserts that over the last several decades, both the commercial and governmental sectors have been rattled by major business scandals and scams. These scams have major negative consequences that are difficult to define and evaluate. Because their impact is frequently financially and reputational detrimental to organizations, they are rarely publicly recognized. Rustiarini et al. (2019) indicate that frauds are notoriously difficult to detect, finding that bribery, corruption, and abuse of authority in the context of public procurement are examples of fraud in the government sector. Activities often include the abuse of apportion power for individual benefit, with money being paid "under the table" such that income statement evidence of wrongdoing is little to non-existent. The majority of these crimes are uncovered as a result of third-party tips or claims, which are frequently received via a fraud hotline, or as a result of internal reviews, independent auditors, and financial inspections.
Summary of Chapters
INTRODUCTION: This chapter provides the background for the auditing profession and discusses recent financial scandals, establishing the problem statement and the research goals.
LITERATURE REVIEW: This chapter defines core concepts including professionalism, organizational culture, intellectual intelligence, and emotional intelligence in the context of professional auditing.
METHODOLOGY: This section details the quantitative research design, sampling methods used in Sunyani, and the data collection tools employed.
RESULTS AND ANALYSIS: This chapter presents the empirical findings regarding demographics, factor analysis, and regression models used to test the variables in the study.
CONCLUSION: This section concludes that while intellectual intelligence has no significant effect, emotional intelligence and organizational culture are key drivers of auditor professionalism.
Keywords
Auditors, Professionalism, Intellectual Intelligence, Emotional Intelligence, Organizational Culture, Ghana, Financial Scandals, Audit Quality, Quantitative Research, Ethics, Fraud Detection, Workforce Development, Public Procurement, Corporate Governance, Professional Standards.
Frequently Asked Questions
What is the core focus of this research?
The study focuses on determining the factors that influence the professionalism of auditors, specifically examining the impact of intellectual and emotional intelligence alongside the prevailing organizational culture.
What are the central thematic areas covered?
The study covers accounting ethics, the impact of organizational culture on employee behavior, the role of cognitive and emotional intelligence in professional service, and the challenges of maintaining auditor independence.
What is the primary research objective?
The primary objective is to empirically assess how intellectual intelligence, emotional intelligence, and organizational culture affect the professionalism of auditors in the Sunyani Municipality.
What scientific methodology is utilized?
The study employs a quantitative descriptive research design, utilizing a closed-ended questionnaire to collect primary data for statistical analysis, including Exploratory Factor Analysis and multiple regression models.
What is addressed in the main body of the work?
The main body covers the literature on professional standards, the design of the research study, the demographic characteristics of the participants, statistical reliability and factor analysis, and finally, regression analysis to test the impact of the identified variables.
How would you summarize the final result in terms of keywords?
The findings are centered around the keywords: Auditor Professionalism, Emotional Intelligence, and Organizational Culture as primary drivers, while noting that Intellectual Intelligence shows insignificant influence.
Why did the author specifically choose the Sunyani Municipality as the study site?
Sunyani was selected because it serves as the regional capital for the Bono Region and previously the Brong Ahafo Region, hosting regional offices for various public and private auditing institutions, providing a sufficient representative population.
What implication does the study have for auditing firms?
The study suggests that firms should prioritize organizational culture and invest in training programs aimed at enhancing the emotional intelligence of their audit staff to improve overall professional standards.
- Quote paper
- Wiredu Richard (Author), 2024, Intellectual and emotional intelligence, organizational culture and auditors' professionalism, Munich, GRIN Verlag, https://www.grin.com/document/1452783
