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Time Budget

According to Guy, et al (2002), time budget for auditing is a component in planning

which guides the auditor about the number of hours for each section of audit (as cited in

Kautsar, 2016). Konrath (2002) states that time budget estimates the hours required to

complete each phase of the audit. Its broken down to audit area and level of staff person

(e.g., assistant, senior auditor, manager, partner) (as cited in Kautsar, 2016). Bowrin and

King II (2010) said that time budgets are a common and essential managerial tool in

present-day accounting settings because they (1) provide grounds for evaluating and

controlling costs (2) advertise prompt completion of tasks and evaluation of performance

and (3) provide evidence of compliance with the first audit fieldwork standard, proper audit

planning and supervision (Bailey, 1997).

Time Budget Pressure

Time budget pressure (TBP) pertains to the time constraints that occur due to the scarcity

of resources, which is time, to execute tasks (Liyanarachchi & McNamara, 2007). As

mentioned by Sari, Tenriwaru and Mokodongan (2016), time budget pressure is situation

where auditors are expected to complete an audit with efficiency under a prepared time

budget. Also, with the awareness that time budgets are used as a way of measuring the

performance of an auditor in a firm, creates pressure among auditors (Svanstrm, 2016).

Previous studies indicated that time budget is difficult to attain (Paino, Ismail, & Smith,

2010; Nor, Smith, Ismail, & Taha, 2017).


Audit Quality

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