A field study on a sample of companies listed in the iraq stock exchange: the effect of peer review on improving audit quality

This research aims to study the effect of peer review in improving audit quality according to the opinions of a sample of internal auditors and workers in Iraqi private banks. This is conducted by testing the relationship between peer review and audit quality through the presence or lack of a statistically significant relationship between peer review and improving audit quality and using the Statistical Package for Social Sciences (SPSS). This research has reached several results, including: The application of the peer review program in banks by examining the performance of each other, as well as its application according to standards, procedures, and policies that guarantee the achievement of the quality of the audit process. This study recommends a number of recommendations, including: the need to develop procedures and policies for the peer review program by the Association of Certified Public Accountants or the Board of Audit and Control Profession, which contributes to the quality of the audit process. Moreover, the need to give the subject of the peer review program as much attention as possible and maintain it by the study sample banks, as well as by the supervisory bodies regulating the audit profession in order to improve the quality of auditing in banks.