Extent of external auditors compliance with audit risk model : evidence from Palestine
Other Title(s)
مدى التزام المدققين الخارجين بنموذج مخاطر التدقيق في فلسطين
Author
Source
IUG Journal of Economics and Business Studies
Issue
Vol. 28, Issue 3 (31 Jul. 2020), pp.290-316, 27 p.
Publisher
The Islamic University-Gaza Deanship of Research and Graduate Affairs
Publication Date
2020-07-31
Country of Publication
Palestine (Gaza Strip)
No. of Pages
27
Main Subjects
Financial and Accounting Sciences
Abstract EN
The main goal of the study is to explore external auditors' compliance with Audit Risk Model (ARM) in Palestine and to explore preferred responses to assessed level of risks from external auditors' perspective.
To achieve research objectives, exploratory methodology is followed.
It is applied by descriptive analysis of literature from both primary and secondary sources.
In addition, a comprehensive survey of 75 external auditors are investigated by a questionnaire.
The study finds that; (1) External auditors highly comply with Audit Risk Model (ARM); (2) External auditors prefer to respond to assessed risks by increasing sample size, perform additional audit tests and allocate more audit evidences; (3) Audit risk valuation is documented by descriptive technique and as percentages.
In addition to that, results of risk assessment are integrated using professional judgment and computer programs.
The study recommends external auditors to give interest to training and professional learning specially in the field of risk-based auditing and to increase the effectiveness of professional bodies role in controlling the profession and to review law number 9/2004 which controls audit profession to develop conditions of giving license for practitioners.
American Psychological Association (APA)
Mutayyir, Muhammad R. H.. 2020. Extent of external auditors compliance with audit risk model : evidence from Palestine. IUG Journal of Economics and Business Studies،Vol. 28, no. 3, pp.290-316.
https://search.emarefa.net/detail/BIM-1278573
Modern Language Association (MLA)
Mutayyir, Muhammad R. H.. Extent of external auditors compliance with audit risk model : evidence from Palestine. IUG Journal of Economics and Business Studies Vol. 28, no. 3 (Jul. 2020), pp.290-316.
https://search.emarefa.net/detail/BIM-1278573
American Medical Association (AMA)
Mutayyir, Muhammad R. H.. Extent of external auditors compliance with audit risk model : evidence from Palestine. IUG Journal of Economics and Business Studies. 2020. Vol. 28, no. 3, pp.290-316.
https://search.emarefa.net/detail/BIM-1278573
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references : p. 314-316
Record ID
BIM-1278573