Identify the components of optimal supervision over the auditors in Iranian capital market

Proper supervision over the auditors is one of the ways to gain investorschr('39') trust in the capital market. This study aim to identify the components of optimal supervision over the auditors of companies in Iranian capital market. This study examines the issue of auditor oversight as one of the most important challenges of the auditing profession. The method used in this study is the phenomenology in Mustacas formulation. The statistical population of the study is the auditors of companies admitted in the Iranian capital market with high mental involvement on the subject of audit supervision. The results showed that the favorable supervision of auditors of companies listed in the Iranian capital market has eleven sub-themes that form the three main behavioral-content themes including four sub-themes of professional ethics. Participatory and self-control decision-making, environmental-context including four sub-themes: legal vacuum, competition vacuum, innovation vacuum and economic and structural instability-process including four sub-themes of IT development, decision-making Political and evaluation vacuum are formulated. Supervise different aspects of the auditing job. This study showed the importance of understanding this issue from the auditorschr('39') point of view.