The Role Of The External Auditor In Enhancing The Transparency Of Financial Reports

Abstract

This research aims to demonstrate the role of the external auditor in enhancing the transparency of financial reports by analyzing a set of professional dimensions that contribute to increasing the credibility and trustworthiness of published accounting information, within a business environment characterized by complexity and rising financial risks. The research adopted a descriptive-analytical approach, and the data collection tool was a questionnaire distributed to a sample of external auditors and accountants to measure the extent to which the dimensions of the external auditor's role are present and their impact on the transparency of financial reports. The dimensions of the external auditor's role included independence and objectivity, ensuring impartiality and freedom from pressure; academic qualifications reflecting specialized professional knowledge; planning and supervision to ensure the efficient execution of audit procedures; compliance with approved professional standards; accumulated practical experience; and clear disclosure in the auditor's report. The dimensions of financial report transparency included the clarity and ease of understanding of information; sufficient disclosure of material data; credibility and reliability; relevance to the needs of financial statement users; and the appropriate timeliness of report publication. The study concluded that there is a significant positive impact of the dimensions of the external auditor’s role in enhancing the transparency of financial reports, which confirms the importance of supporting the auditor’s independence, raising his professional competence, and adhering to standards to achieve higher quality in financial reports and enhance confidence in the investment environment.