Using the Expert Report to Strengthen the External Auditor’s Evidence/An Empirical Study in Iraq

The expert report represents the result of analysis and evaluation of financial and technical data and evidence related to the external audit. The expert report relies on its professional experience to analyze this evidence. The expert report aims to clarify the facts and evaluate the evidence in a comprehensive and systematic manner. Thus if enhance the strength of the evidence provided in the context of the external audit. The expert required when the external audit need engagement out of accounting and auditing. In audit, consequences of poor decision-making are significant. In this paper, the proposed method based on machine learning which was introduced to improve the ISA 620 standard for experts report by utilizing the respond from 25 external auditors using questionnaire. Logistic Regression model was used to analysis the importance and quality of expert report. The proposed method shows good result of accuracy based metric with (acc=100%) when applied the dataset came from questionnaire (training and testing stages). It is more contribute to enhancing evidentiary evidence and ensuring the quality of the external audit.