The impact of the Covid-19 pandemic on the auditor’s professional judgment about assessing the going concern" Field Study"

Abstract

The purpose of this study is to identify the impact of the Covid-19 pandemic on the professional auditors' judgment of the ability of an enterprise to continue operations. The descriptive method was adopted and surveys were used to collect data from a sample of seventy external professional auditors from various SPSS accredited companies and auditing firms. Fifty-seven surveys were analyzed using a statistical program and hypotheses were tested using simple linear regression. The study concluded that there is a consensus among Syrian auditors on the positive impact of the Covid-19 pandemic on the professional auditor’s judgment of an enterprise’s ability to continue operating, the evaluation of the suitability of preparing financial statements on the basis of business continuity in light of subsequent events, and the auditor’s assessment of the enterprise management’s estimate of the enterprise ’s ability to continue existing.