Qualitative study examines governance mechanisms shaping audit quality in rural banks, suggesting improvements for oversight.
Key Points
This study explores how audit committee oversight and interactions with external auditors influence audit quality in rural and community banks in Ghana.
Qualitative research design using semi-structured interviews with 15 audit committee members and 15 external auditors
Data analyzed through NVivo-assisted thematic analysis
Three key mechanisms enhance audit quality: professional diversity in audit committees, structured reviews of auditing processes, and effective communication with external auditors
These mechanisms help improve oversight in resource-constrained banking environments