Factors affecting the independence of external auditors: A study of local audit firms in Saudi Arabia

Auditing is ensuring the accuracy and integrity of information and business process. The external auditor is independent Auditor and play key role in evaluation of evidences, and is essential to the provision of an objective opinion on the truth and fairness of financial statements. The audit profession, both in practice and organization in the Saudi Arabian kingdom has set an example to many states. Hence, the research study aims is to analysis the affecting factors of the independence of external auditors in the local audit firms of Saudi Arabia. A qualitative study approach was adopted by the current study with a total sample size of 40 external auditors. It was found that all the considered factors are affecting the independence of external auditors, and there exists a relation between the external auditor independence and the consulting services rendered by him. Further the study concluded that the external auditors are well aware of the criteria for their independence and also there is relationship between independence and quality.