scholarly journals The Impact of the Use of Computer Technology and Auditing Software on the Efficiency of External Auditors in Jordan

2019 ◽  
Vol 8 (4) ◽  
pp. 201
Author(s):  
Mohammed Alsharairi
Keyword(s):  
Computer Technology ◽  
External Auditors ◽  
The Impact

Strategic Audit Inquiry: The Impact of Timing and the Promotion of Statutory Protections on Client Fraud Disclosures

2020 ◽  
Vol 34 (3) ◽  
pp. 153-167
Author(s):  
John R. Lauck ◽  
Stephen J. Perreault ◽  
Joseph R. Rakestraw ◽  
James S. Wainberg
Keyword(s):  
Best Practices ◽  
Audit Quality ◽  
Self Regulation ◽  
Data Availability ◽  
Audit Committees ◽  
External Auditors ◽  
Extant Literature ◽  
Psychological Theories ◽  
Inquiry Process ◽  
The Impact

SYNOPSIS Auditing standards require external auditors to inquire of client-employees regarding their knowledge of actual or suspected fraud (PCAOB 2010b; AICPA 2016). However, the extant literature provides little guidance on practical methods that auditors can employ to increase the likelihood of fraud disclosure and improve audit quality. Drawing upon best practices in the whistleblowing literature and psychological theories on self-regulation, we experimentally test the efficacy of two practical strategies that auditors can employ during the fraud inquiry process: actively promoting statutory whistleblower protections and strategically timing their fraud inquiries. Our results indicate that auditors are more likely to elicit client-employee fraud disclosures by actively promoting statutory whistleblower protections and strategically timing the fraud inquiry to take place in the afternoon, when client-employee self-regulation is more likely to be depleted. These two audit inquiry strategies should be of considerable interest to audit practitioners, audit committees, and those concerned with improving audit quality. Data Availability: From the authors by request.

A Window to Internal and External Change in Banking

2018 ◽  
Author(s):  
Bernardo Bátiz-Lazo
Keyword(s):  
Twentieth Century ◽  
Computer Technology ◽  
Business Organizations ◽  
Organizational Challenges ◽  
Late Twentieth ◽  
Self Service ◽  
The Impact ◽  
Late Twentieth Century ◽  
Proper Consideration

Chapter 1 (‘A Window to Internal and External Change in Banking’) provides a wide-arch view of the themes in the book. It highlights how in spite of being deeply embedded in our culture as an object of everyday life, the interaction with ATMs is largely inconsequential for most people. This chapter also forwards a case to study the ATM to better understand the possibilities for technological change to bring about a cashless economy. Another argument put forward is that the ATM is essential to appreciate the technological and organizational challenges that gave rise to self-service banking. As a result, the case is made that business histories of the late twentieth century will be incomplete without proper consideration to the impact of computer technology on the different aspects of business organizations.

The impact of audit reforms on objectivity during the performance of non-audit services

2014 ◽  
Vol 29 (3) ◽  
pp. 222-236 ◽  
Author(s):  
Richard G. Brody ◽  
Christine M. Haynes ◽  
Craig G. White
Keyword(s):  
Audit Quality ◽  
Content Type ◽  
Auditor Liability ◽  
Internal Auditors ◽  
External Auditors ◽  
Regulatory Perspective ◽  
External Auditor ◽  
The Impact ◽  
Practical Implications ◽  
Non Audit Services

Purpose – This research aims to explore whether recent audit reforms have improved auditor objectivity when performing non-audit services. Design/methodology/approach – In two separate experiments, the authors tested whether external and internal auditors' inventory obsolescence judgments are influenced by their client's (or company's) role as the buyer or seller in an acquisition setting. Findings – External auditors assessed the likelihood of inventory obsolescence objectively, regardless of their consulting role in the acquisition setting. Internal auditors assessed the likelihood of inventory obsolescence as higher when consulting for the buyer than when consulting for the seller, consistent with the supposition that the buyer would prefer to write-down inventory and negotiate a lower purchase price, whereas the seller would prefer the inventory not be written down. Practical implications – From a regulatory perspective, external auditors may be relying too much on the work of internal auditors if internal auditors' lack of objectivity as consultants extends to their assurance role. Originality/value – This paper extends prior research in the area of internal and external auditor objectivity and is the first paper to include both subject groups in the same experiment. It also addresses the current policy issues that may have a significant effect on audit quality and auditor liability.

scholarly journals The impact of Key Audit Matters (KAMs) on financial information quality: Evidence from Lebanon

2021 ◽  
Vol 19 (2) ◽  
pp. 135
Author(s):  
Joelle Matta ◽  
Khalil Feghali
Keyword(s):  
Value Creation ◽  
Information Quality ◽  
Investment Decision ◽  
Financial Statements ◽  
Financial Information ◽  
Audit Report ◽  
External Auditors ◽  
Expectations Gap ◽  
Expectation Gap ◽  
The Impact

<p>The purpose of this study is to discover the impact of Key Audit Matters (KAMs) on financial information quality and their value for Lebanese auditors. The value creation of KAMs is determined by its financial information quality, its ability to help during investment decision and its effect on the audit expectation gap. The research is conducted through a survey that was filled by external auditors who audit Lebanese banks exclusively, and are involved in the new audit report. The main results show that reporting by using Key Audit Matters adds value to the audit report from the perspective of Lebanese external auditors, and can reduce information asymmetry, increase trust in accounting and reduce the expectation gap. Moreover, the results marked that KAM improves the auditee's understanding in the audited entity, builds confidence in the audited financial statements, and helps to reduce the audit expectations gap.</p>

scholarly journals Selected Aspects of Navigation System Synthesis for Increased Flight Safety, Protection of Human Lives, and Health

2020 ◽  
Vol 17 (5) ◽  
pp. 1550 ◽  
Author(s):  
Milan Džunda ◽  
Peter Dzurovčin ◽  
Ivan Koblen ◽  
Stanislav Szabo ◽  
Edina Jenčová ◽  
...  
Keyword(s):  
Public Health ◽  
Computer Technology ◽  
Navigation System ◽  
Measuring Equipment ◽  
Air Transport ◽  
Flight Safety ◽  
Navigation Systems ◽  
Safety Protection ◽  
Transport Safety ◽  
The Impact

Accurate navigation systems allow us to optimize the trajectory of flying objects and thus solve environmental problems in aviation and their impact on public health. In this paper, we present one of the methods of assessment of accuracy and resistance to interference of distance-measuring equipment (DME). By using computer technology, the method enables us to determine the potential but also the real error measuring the distance of the flying object from DME. The credibility of the respective results of the solution on the task of DME optimal rangefinder synthesis depends on the accuracy of the previous data used, i.e., mathematical models of the respective flying objects flight dynamics, useful signals, and their parameters and interference. DME systems have an impact on air transport safety, and therefore the impact of interference on their operation must be investigated.

scholarly journals Adopting Computer Technology to empower Rural School Learners: The Case for Katsande Rural School Library, Zimbabwe

2019 ◽  
Author(s):  
Hosea Tokwe
Keyword(s):  
Computer Technology ◽  
New Technologies ◽  
School Library ◽  
School Libraries ◽  
Rural School ◽  
Reading Material ◽  
Wide Range ◽  
The Impact ◽  
Technology In Schools

In most countries, the introduction of computer technology in schools has seen the role of school libraries transformed. Adoption of new technologies are now seen to be enhancing school libraries’ ability to perform their mission, vision and role, that is, providing learners access to a wide range of reading material to enable them to acquire knowledge as well as ability to read books online. This paper will address the impact computer technology is having on rural school learners at Katsande Primary School. It will explain how embracing of computer technology has influenced learners concerning achieving quality education. 

The impact of fair value estimates on audit fees: evidence from the financial sector in Jordan

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Rateb Mohammad Alqatamin ◽  
Ernest Ezeani
Keyword(s):  
Positive Relationship ◽  
Stock Exchange ◽  
Random Effect ◽  
Audit Fees ◽  
Fair Value ◽  
Financial Information ◽  
Content Type ◽  
External Auditors ◽  
The Right ◽  
The Impact

PurposeThis study investigates the association between the estimates of fair value and external auditor's fees.Design/methodology/approachBased on a sample of 32 Jordanian financial companies listed on the Amman Stock Exchange (ASE) over the period 2005–2018. We employ random effect models to test our hypothesis.FindingsWe found a positive relationship between audit fees and the proportion of fair value assets, which implies that external auditors are more likely to spend more effort for complex estimates, thereby increasing audit fees. We examined the relationship between audit fees and three levels of fair value inputs and found a positive relationship between the level of effort spent on assessment of higher uncertainty fair value inputs and audit fees. The findings are consistent with the expectation that more audit effort is required in a highly regulated environment due to the possibility of a higher cost of litigation.Practical implicationsThe findings of this study could be beneficial for a number of users of financial information, such as investors, regulators, auditors. This group of users might consider the results of this study when they are using a company's financial information, and consequently, better able to make the right decisions.Originality/valueAlthough prior studies have researched fair value, no study to date among developing countries has investigated its relationship with audit fees. This study, therefore, provides new empirical evidence that the complexity and risk of fair value estimates significantly influences auditors' motivation to expend additional effort, resulting in higher audit cost.

Computer-Based Assessment of Cognitive Abilities: Current Status/Future Directions

1986 ◽  
Vol 15 (2) ◽  
pp. 137-147
Author(s):  
Ben F. Eller ◽  
Alan S. Kaufman ◽  
James E. McLean
Keyword(s):  
Computer Technology ◽  
Cognitive Abilities ◽  
School Environment ◽  
Information Access ◽  
Current Status ◽  
Educational Institutions ◽  
Storage And Retrieval ◽  
Retrieval Systems ◽  
Computer Based ◽  
The Impact

Rapid advances in the computer industry and the concomitant knowledge explosion have created a revolution in the information handling electronics industry. The continued proliferation of computer technology in the educational environment appears inevitable. There seems to be little doubt that recent advances in educational technology will have important consequences for educational institutions at all levels during the coming decades. Students, teachers, and administrators alike have already come to rely on bibliographic and statistical data bases, automated dictionaries, micrographic storage and retrieval systems, and specialized interactive cable and videotext systems for information access. Despite the impact of computer technology in the school environment, guidelines for planning and developing useable software for assessing cognitive abilities has warranted little attention in educational literature. This article suggests that computer-based support systems are now available which could be instrumental in solving the problems associated with cognitive assessment.

The Impact of ICs on Computer Technology

Computer ◽  
1984 ◽  
Vol 17 (10) ◽  
pp. 88-95 ◽  
Author(s):  
Burger ◽  
Cavin ◽  
Holton ◽  
Sumney
Keyword(s):  
Computer Technology ◽  
The Impact
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