Measuring Municipal Audit Quality: Focus, Findings, Avenues

ABSTRACT It is often difficult to establish determinants of governmental audit quality. This discussion explores the motivations of municipalities to invest in auditing and for auditors to deliver quality services within this specialized market. This paper provides a review of governmental audit quality research findings, including measurement of audit quality proxies. The paper also discusses potential future research avenues and suggests several lines of audit-focused research remain open for exploration.