The Factors which Affect on The choice of The External Auditor in Jordanian Banks from The perspective of The External Auditor in Jordan (An Empirical Study)

This study aimed to identify The Factors which Affect on The choice of The External Auditor in Jordanian Banks from The perspective of The External Auditor in Jordan. To achieve the goal of this study, was designed questionnaire and distributed (82) questionnaire on a sample of the study, which was collected (58) questionnaire, representing (70%) of the sample size, and after analyzing the data using a program (SPSS), The study reached several conclusions, including: 1. There are causes related to the banks of Jordan to lead to change the external auditor. 2. There are reasons related to the application of generally accepted auditing standards to change the external auditor. 3. There are reasons related to the audit office to change the external auditor. One of the most important recommendations of the study include: 1. Need to develop specific criteria to adjust the process of changing the external auditor. 2. Need to review the Jordanian Companies Law and the law of the audit profession, and make the adjustments necessary to ensure that the right of the external auditor and provides the necessary protection against unfair dismissal. 1.0 Introduction Need has arisen for an audit to ensure the accuracy and integrity of financial information relied upon by users of financial statements in the rational decision-making, and because the audit lends confidence and credibility to the financial statements, the independence of the external auditor is one of the most important issues the audit has received considerable attention since the very beginning of the composition of the audit profession, and with the recognizing the importance of the audit profession in the opinion impartial technical for the sincerity and fairness of financial statements to express clearly the result of business and financial position of the company in the audit, but the conflict is high between the border and the interests of the beneficiaries of the audit results may display the independence of the auditor in the exercise of his profession to some of the pressure which is likely to lead him to change course or abandon it, and this may lead to a change of the external auditor, and especially that most of the legislation in the countries of the world give the general shareholders the right to change the external auditor and sequestration. In Jordan, the applicable laws and instructions of The Jordanian Association of Certified Public Accountants give the right to elect the external auditor, or forced out through meetings of the general shareholders at the annual meeting of the bank as a normal public company, and this makes us wonder about the factors that lead to change the external auditor. 1 / 1 Study Problem Still audit profession in Jordan need more attention from specialists, researchers, academics and other relevant parties, so it is necessary to identify the most important factors affecting the change auditor in companies that are audited, it can define the problem of the study raise the following questions: 1. Are there any reasons related to the Bank's influence in the selection of the external auditor? 2. Are there any reasons related to the application of generally accepted auditing standards affect change in the external auditor? 3. Are there any reasons related to the Audit Office to change affecting the external auditor?