THE RITUALS OF AUDITING: AN ANALYTICAL PERSPECTIVE

Abstract

Auditing, beyond its technical function of verifying financial statements, is embedded in symbolic and ritualistic practices that shape organizational legitimacy and stakeholder confidence. This paper explores the rituals of auditing, their implications for corporate governance, and how they contribute to the perception of assurance and accountability. The study draws upon theoretical insights and empirical research to analyze how audit rituals reinforce trust and order in financial markets. Additionally, this study examines the role of international auditing standards and regulatory frameworks in shaping these rituals and their broader socio-economic implications.