A study of risk based auditing barriers: Some Iranian evidence

In developing countries, such as Iran, since risk based auditing would be more benefited through progressive technology and its advantages than the traditional auditing method, auditors need to welcome risk based auditing as a common, as well as a desirable one. The aim of the current study is to find out the main barriers experienced due to risk based auditing in Iran. The results show firstly the individual competency and ability in using statistical methods; secondly, the professional and legislation references effort in selecting risk based auditing standards; thirdly, the timely financial information prepared by accountants; and finally, the auditors training via risk based auditing are the main barriers to the members of Iranian Certified Public Accountants to implementing risk based auditing in Iran.