Managing Informal Learning in the Auditing Profession: How Auditors Develop Proficiency

The auditing environment is in a period of innovation, and auditors need to maintain their financial reporting commitment to financial statement stakeholders. The purpose of this quantitative cross-sectional survey study was to examine the impact of auditors\u27 perceptions of informal workplace learning contexts on the external auditing profession using a perceived organizational support lens. Organization support theory includes four aspects used to explore informal workplace learning: management support, peer support, supportive organizational culture, and access to work resources. These aspects were used to examine the impact of informal learning on auditors\u27 engagement and performance. Multiple linear regression was used to examine data from a survey of 103 auditing professionals in Connecticut. Data showed that access to work resources, including time and technology, were significant in each model in relation to impact and its subcomponents engagement and performance. This indicated that auditors\u27 access to the resources necessary to stay current has a positive impact in the auditing profession. This study fills the gap in the existing literature on the impact of informal learning on the auditing profession where there is continual change and informal learning is heavily relied upon to diffuse knowledge and skills in a highly knowledge-based environment. Better-qualified auditors can help businesses keep up with ever-changing societal expectations. The accounting profession is in a period of innovation that requires professionals of all levels to adapt to keep pace with the quickly changing globalized organization