Financial reporting risk assessment and audit pricing
Financial information that has being deteriorated by fraud will misled users. Hence, the main objective of this paper is to identify the association between five ratios of financial reporting risks to predict fraud. Furthermore, this paper also investigates the impacts of fraud detection on audit fe...
| Published in: | ISBEIA 2012 - IEEE Symposium on Business, Engineering and Industrial Applications |
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| Format: | Conference paper |
| Language: | English |
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2012
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| Online Access: | https://www.scopus.com/inward/record.uri?eid=2-s2.0-84874365754&doi=10.1109%2fISBEIA.2012.6423014&partnerID=40&md5=572e5234702d5c151a1d9a1a4a6d5e1f |
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2-s2.0-84874365754 Paino H.; Tahir W.M.M.W. Financial reporting risk assessment and audit pricing 2012 ISBEIA 2012 - IEEE Symposium on Business, Engineering and Industrial Applications 10.1109/ISBEIA.2012.6423014 https://www.scopus.com/inward/record.uri?eid=2-s2.0-84874365754&doi=10.1109%2fISBEIA.2012.6423014&partnerID=40&md5=572e5234702d5c151a1d9a1a4a6d5e1f Financial information that has being deteriorated by fraud will misled users. Hence, the main objective of this paper is to identify the association between five ratios of financial reporting risks to predict fraud. Furthermore, this paper also investigates the impacts of fraud detection on audit fee. Thus, sample of 10 of fraudulent companies and sample of 40 non fraudulent companies are being identified to achieve the objective. Stepwise logistic regression was being employed. The results clearly indicate that changes in sales, receivables and allowance for doubtful debts have significant effect of fraud detection. However, fraud detection gives no or little impact on audit fees. Copyright © 2012 IEEE. English Conference paper |
| author |
Paino H.; Tahir W.M.M.W. |
| spellingShingle |
Paino H.; Tahir W.M.M.W. Financial reporting risk assessment and audit pricing |
| author_facet |
Paino H.; Tahir W.M.M.W. |
| author_sort |
Paino H.; Tahir W.M.M.W. |
| title |
Financial reporting risk assessment and audit pricing |
| title_short |
Financial reporting risk assessment and audit pricing |
| title_full |
Financial reporting risk assessment and audit pricing |
| title_fullStr |
Financial reporting risk assessment and audit pricing |
| title_full_unstemmed |
Financial reporting risk assessment and audit pricing |
| title_sort |
Financial reporting risk assessment and audit pricing |
| publishDate |
2012 |
| container_title |
ISBEIA 2012 - IEEE Symposium on Business, Engineering and Industrial Applications |
| container_volume |
|
| container_issue |
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| doi_str_mv |
10.1109/ISBEIA.2012.6423014 |
| url |
https://www.scopus.com/inward/record.uri?eid=2-s2.0-84874365754&doi=10.1109%2fISBEIA.2012.6423014&partnerID=40&md5=572e5234702d5c151a1d9a1a4a6d5e1f |
| description |
Financial information that has being deteriorated by fraud will misled users. Hence, the main objective of this paper is to identify the association between five ratios of financial reporting risks to predict fraud. Furthermore, this paper also investigates the impacts of fraud detection on audit fee. Thus, sample of 10 of fraudulent companies and sample of 40 non fraudulent companies are being identified to achieve the objective. Stepwise logistic regression was being employed. The results clearly indicate that changes in sales, receivables and allowance for doubtful debts have significant effect of fraud detection. However, fraud detection gives no or little impact on audit fees. Copyright © 2012 IEEE. |
| publisher |
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| issn |
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| language |
English |
| format |
Conference paper |
| accesstype |
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| record_format |
scopus |
| collection |
Scopus |
| _version_ |
1809677611923668992 |