Exploring the Audit Assistants’ Decision to Leave Audit Firms in Ghana

Abstract

This study employed the Probit regression method to identify and examine the extent to which the identified factors influence the audit assistants’ decision to leave the audit profession in Ghana. The study identified age, marital status and sex of audit assistant as influential factors to the decision to leave the audit profession. Thus, the study concludes that older, married audit assistants are more likely to exit the audit profession perhaps due to the added domestic responsibilities given the fact that most were not satisfied with their compensation. Consistent with expectations, the study also concludes that females are more likely to exit the audit profession perhaps due to the male dominated environment they find themselves. Given the low percentage of audit assistants’ level of satisfaction with their compensation, it is recommended that audit assistants’ should be duly compensated on their work Again, it is suggested that audit firms should continue to provide career training for the assistants and help them see how their work impact on the organizational overall objective.