Factors that Audit Committee Members Use as Surrogates for Audit Quality.

Key Points

• The study aims to identify key variables that influence audit committee members' assessments of audit quality.
• Sample of audit committee members assessed various key variables related to audit quality
• Investigated the impact of these variables on perceptions of the external audit function
• Audit committee members rely on several surrogate factors when judging audit quality
• Involvement in the audit process correlates with a better understanding of audit quality assessments