CURRENT STATE AND EMERGING CHALLENGES IN THE AUDIT SECTOR OF MONGOLIA

Authors

  • Bayalag Ganbaatar Business School, National University of Mongolia
  • Altan-Erdene Batbayar Business School, National University of Mongolia

DOI:

https://doi.org/10.22353/jbai.2025110207

Keywords:

audit, audit quality, quality control, independence, professional services

Abstract

This study aims to evaluate the current state of the audit sector in Mongolia and identify the key factors affecting audit quality. The research framework is based on three core dimensions: input (auditor’s knowledge, experience, and ethics), process (quality control and independence), and output (usefulness and reliability of audit reports). Using a qualitative survey method, 70 professional auditors were surveyed.
The findings highlight that factors such as audit team competence, quality control systems, and auditor independence have the strongest influence on audit quality.
The study proposes recommendations to improve institutional support and strengthen national audit firms’ capacity.

Downloads

Download data is not yet available.

Downloads

Published

2025-08-28

How to Cite

Ganbaatar, B., & Batbayar, A.-E. (2025). CURRENT STATE AND EMERGING CHALLENGES IN THE AUDIT SECTOR OF MONGOLIA. Journal of Business and Innovation (Бизнес & Инноваци), 11(2), 81–89. https://doi.org/10.22353/jbai.2025110207

Issue

Vol. 11 No. 2 (2025): Бизнес ба Инноваци

Section

Articles

License

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.