مدى استقلالية مراجع الحسابات فى الجماهيرية

Abstract

Abstract This research tackles to what extent the independence of the auditor in Libya, through the study of the organization of the accoimting and auditing, to know the factors, principles and the props which included in the Profession Regulation Law and the other related Lows. Presently, the concem about the auditing profession increased in Libya. Whereas the study problem represented ill the study of the factors affecting the independence of the auditor in Libya. Through the study of the problems which affect the independence and to know to what extent the availability of the principles and factors stated in the Profession Regulation law and the other Laws. The following hypothesis were tested: 1. Non-existence of specific standards in Libya for the profession which specify the behavior and conduct of the auditor leads to the risk of loss of the independence . 2. The choice of the extemal auditor by the administration and the specification of his remunerations leads to the risk of the loss of the independence. 3. The loss of the independence affects negatively and directly the type of the auditor report . For the achievement of the research targets and the hypothesis test, the researcher made an analytical study for the Profession Regulation law, data, information fiom the ofiices, the auditing and the Popular Committee for Monitoring, and reached the following results : l. The first hypothesis is valid, whereas it became obvious that there are no specific standards in Libya for the specification of the behavior and conduct of the profession that support the independence, a matter which let to the non-existence of restrictions that control the behavior of the auditors.

2. Validity of the second hypothesis, whereas it became obvious that the companies administrations has a great role in the choice of the auditors and that give them the opportunity of affecting the auditor and his independence. 3. Validity of the third hypothesis, whereas the auditor's independence is regarded one of the conventional basic principles and it is the cornerstone for the auditing operation. From the most important recommendations are : 1. Formation of a specialized committee to study the Profession organizing laws and to act for their development and to fill any shortage thereof. 2. Review of the measures of the appointment and dismissal of auditors and fixing their remuneration applied in Libya in order to achieve their sufiicient independence. i 0 support the concept of independence among the auditors 3. T through the specialized training course.