Background: For the last decade, the Swedish audit industry has experienced a turnover problem as there is a steady decline in authorized auditors. Furthermore, studies shows that more than half of the entry-level auditors leave the profession within the first three years of employment.  Purpose: The purpose of this thesis is to examine the impact professional identity and organizational identity has on job satisfaction among entry-level auditors. In addition to that, to investigate the impact job satisfaction has on job performance.  Methodology: This study adopts a positivistic perspective of research philosophy and employs a deductive approach, using a quantitative method. A survey was distributed to Swedish entry-level auditors who have worked within the profession for a maximum of three years. The collected data were analyzed through a Pearson Correlation matrix and multiple regression analysis. Findings: When studying the combined effect of organizational identity and professional identity on job satisfaction, the findings show that organizational identity has a positive impact on job satisfaction while professional identity do not. Furthermore, the findings show that job satisfaction has a positive impact on job performance.