Title: The determinants and efficiency of auditing in the Republic of Kosovo

Authors: Besnik Fetai; Gresa Mjaku

Addresses: Faculty of Business and Economics, South East European University, Ilindenska 335, 1200 Tetovo, Macedonia ' Faculty of Business and Economics, South East European University, Ilindenska 335, 1200 Tetovo, Macedonia

Abstract: The aim of this paper is to investigate the auditors' efficiency and its determinants in public and the private sector in the Republic of Kosovo. An ordered probit model and its marginal effect are applied in order to measure auditors' efficiency in the public and private sector. The results show that employees with high level of education, experienced ones, and those in good relationship with the personnel and clients increase the performance of auditing. Moreover, the results show that training/courses have positive impact on auditor's efficiency. The paper provides empirical evidence about the audit's efficiency and the results are at most recommended to the government and policymakers in transition economies as a course of action to take institutional improvement and increase the audit's efficiency both in public and private sector. These will in turn lead to lower corruption in these countries.

Keywords: audit; management; efficiency; transition economies; ordered probit; Kosovo.

DOI: 10.1504/IJPSPM.2020.105088

International Journal of Public Sector Performance Management, 2020 Vol.6 No.1, pp.56 - 67

Received: 23 Mar 2018
Accepted: 11 May 2018
Published online: 13 Feb 2020 *

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