scholarly journals The effect of applying the principle of independence on the quality of internal auditing in the Jordanian companies listed on the Amman Stock Exchange: أثر تطبيق مبدأ الاستقلالية على جودة التدقيق الداخلي في الشركات الأردنية المدرجة ببورصة عمان

2021 ◽  
Vol 5 (17) ◽  
pp. 41-23
Author(s):  
Moyasser Menazel Aljboul Moyasser Menazel Aljboul
Keyword(s):  
Analytical Approach ◽  
Stock Exchange ◽  
Internal Audit ◽  
Internal Auditing ◽  
Good Level ◽  
Positive Degree ◽  
Amman Stock Exchange ◽  
Study Participants

This study aimed to identify the effect of applying the principle of independence on the quality of internal auditing on firms listed at the Amman Stock Exchange. To achieve the objectives of the study, the descriptive analytical approach was followed, and the study sample consist of a sample of (100) of employee in the companies that listed on the Amman Stock Exchange. The most important findings of the study are that there is a strong degree of agreement among the study participants on the extent of applying the principle of independence in the companies listed on the Amman Stock Exchange, and the general mean for its phrases was (3.86). The study also concluded that there is a good and positive degree of agreement on the quality of the internal audit found in the Jordanian firms listed on the Amman Stock Exchange from the viewpoint of workers in companies at a good level, and The general mean for its phrases was (3.35). Finally, the study found that there was a significant effect on applying the principle of independence to the quality of internal audit in the firms listed on the Amman Stock Exchange. And that the application of the principle of independence in the Jordanian companies listed on the Amman Stock Exchange is responsible for enhancing 27.5% of the quality of internal auditing, which is a good and effective percentage.

scholarly journals Does the Environmental Internal Audit Impact the Achieving of Sustainable Development in Industrial Companies Listed on the Amman Stock Exchange?

2021 ◽  
Vol 12 (3) ◽  
pp. 220
Author(s):  
Eman Ahmad Al Hanini
Keyword(s):  
Sustainable Development ◽  
Stock Exchange ◽  
Internal Audit ◽  
Financial Statements ◽  
Management Systems ◽  
Environmental Management Systems ◽  
Internal Auditing ◽  
Internal Auditors ◽  
Industrial Companies ◽  
Amman Stock Exchange

This study aimed to determine the impact of environmental internal auditing with its dimensions represented by (compliance auditing, auditing environmental management systems, and auditing environmental financial statements) in achieving sustainable development in industrial companies listed on the Amman Stock Exchange. To achieve the aim of the study, a questionnaire was designed as a data collection tool for the study and distributed among 154 respondents namely: internal auditors, financial managers, and employees working in the financial departments in these companies. After conducting the necessary statistical analysis using SPSS, a statistical impact was reached at the significance level of α ≤ 0.05 for environmental internal auditing with its dimensions represented by (auditing compliance, auditing environmental management systems, and auditing environmental financial statements) in achieving sustainable development in industrial companies listed on the Amman Stock Exchange. The study suggests that industrial companies must provide appropriate environmental internal audit tools, including providing internal auditors with knowledge of environmental factors that have a fundamental impact on financial statements and understanding of environmental legislation and laws. The findings clarified the importance of training internal auditors on the stages of environmental internal auditing and skills in assessing environmental risks and obligations.

scholarly journals Impact of Applying Governance Standards in Evaluating the Quality of Internal Audit in Yemeni Private Universities

2021 ◽  
Vol 13 (46) ◽  
pp. 81-103
Author(s):  
Ahmed Ali Qassem Mohssen
Keyword(s):  
Audit Quality ◽  
Private Universities ◽  
Relative Weight ◽  
Internal Audit ◽  
Slight Variation ◽  
Internal Auditing ◽  
Audit Process ◽  
Transparency And Disclosure ◽  
The Impact

The study aimed to measure the impact of applying governance standards in evaluating the quality of internal audit in Yemeni private universities. To achieve this, the researcher followed the descriptive and analytical approach and employed a questionnaire to collect data from a sample that included (68) participants. After conducting relative analysis, governance was at an average level of (64.9%). There was also a slight variation in the level of implementation, as the dimension of transparency and disclosure was the most frequent dimension, followed by accountability and independence. Further, there was a medium level of adherence to internal auditing standards at a relative weight (65%). The level of commitment to the audit dimensions was as follows: managing the internal audit activities (67%), communicating the results (66%), assessing the risk and control management (64%), and planning and implementing the audit process (62%). and The study also found that the combined governance standards (transparency and disclosure, accountability, independence) increase the quality of the internal audit in Yemeni private universities and the highest dimensions of governance standards affecting the quality of internal auditing are the dimension of independence (80.3%), accountability (71.7%), and disclosure and transparency (63.7%). In light of this, the study recommended adopting governance standards as an integrated approach to achieve quality performance in private Yemeni universities; spreading the culture of governance in private universities among their leaders and staff by holding training courses, seminars, and conferences in order to be accepted and absorbed. In addition, governance should be included in some related academic courses in the disciplines of administrative and accounting sciences. Keywords: governance standards, internal audit quality assessment, private Yemeni universities.

scholarly journals The Impact of Audit Quality Features on Enhancing Earnings Quality: The Evidence of Listed Manufacturing Firms at Amman Stock Exchange

2015 ◽  
Vol 7 (2) ◽  
pp. 255
Author(s):  
Mohammad Abdallah Almomani
Keyword(s):  
Audit Quality ◽  
Stock Exchange ◽  
Earnings Quality ◽  
Manufacturing Firms ◽  
External Audit ◽  
Quality Properties ◽  
Amman Stock Exchange ◽  
The Impact ◽  
Quality Features

<p>The study aims at investigating the impact of external audit quality features on enhancing the quality of accounting profits of the listed manufacturing firms at Amman Stock Exchange (ASE), where continuity of profit has been used as Proxy variable to express the quality of earnings. Indicators of quality of audit, audit office size, auditors' fees, period of customer's retention, type of auditor's opinion, and the specialization in client's industry, were used to measure audit quality. A sample of 45 firms had been selected, and data covering the period 2009-2013 had been collected from these firms, where 225 observations were used in the analysis. The study finds that the earnings of listed manufacturing firms at Amman Stock Exchange are with good quality, and that there is a linear relationship between external audit quality and the quality of reported earnings. Auditors' fees have most important significant effect on earnings quality, followed by auditors' opinion, where others factors has no significant effect on earnings quality. Based on these findings, the study raises several questions about the reliability of audit quality properties by stakeholders in firms, especially investors, when they check the quality of earnings, whenever they need to take a decision. The study recommends further researches regarding the issue by using other metrics to measure earnings quality, and through the addition of other properties to the quality of the audit, such as linked audit offices with auditing global offices, degree of qualification employees, and the opened lawsuits against audit office.</p>

اثر استخدام أدوات المحاسبة الإدارية على تحسين جودة التدقيق الداخلي للمصارف العراقية الأهلية: بطاقة الأداء المتوازن أنموذجًا

2021 ◽  
Vol 1 (1) ◽  
Author(s):  
سعد محيميد ◽  
عمار ياسين ◽  
زهير عباس
Keyword(s):  
Balanced Scorecard ◽  
Banking Sector ◽  
Internal Audit ◽  
Quality Of Services ◽  
Internal Auditing ◽  
Four Dimensions ◽  
The Balanced Scorecard ◽  
Private Banks ◽  
Audit Team

The research aims to find out the effect of using management accounting tools on improving the quality of internal auditing for private Iraqi banks - the Balanced Scorecard as a model, and to achieve the goal of the research, a questionnaire was developed that included Balanced Scorecard information, with regard to the studied community represented by private Iraqi banks in Iraq. Research The Iraqi banking sector The research sample focused intentionally for the Mosul Bank for Development and Investment and the Ashur International Bank for Investment, and among the most important findings of the research: the presence of a moral impact of using the balanced scorecard in its four dimensions to improve the quality of internal auditing in private banks. On the efficiency of the work of the internal audit team in banks. The research reached several recommendations, the most important of which are: Paying attention to the qualitative dimensions of implementing the Balanced Scorecard and disseminating its concept, it must be concerned with the quality of services to attract new clients, maintain old clients, pay attention to customer suggestions and complaints and address them in a timely manner, improve internal processes and qualify and train cadres to increase their experience and capabilities Proper application of the Balanced Scorecard.

scholarly journals Evidence of internal auditing in Italian listed companies

2016 ◽  
Vol 13 (3) ◽  
pp. 256-265
Author(s):  
Maurizio Rija ◽  
Paolo Tenuta
Keyword(s):  
Internal Control ◽  
Stock Exchange ◽  
Code Of Conduct ◽  
Internal Audit ◽  
Internal Auditing ◽  
The Third ◽  
Organizational Position ◽  
Operating Environments ◽  
Almost All ◽  
Audit Activity

This paper aims to provide an overview of how internal auditing has been adopted by companies listed in the STAR segment of the Italian Stock Exchange, and of the choice on its organizational position. After a review of the existing literature, the research aims to analyze the information emerging from corporate governance reports in 2015, in reference to the year 2014, which the companies prepare as part of information provided annually to the market. The sample for analysis is the group of companies (n. 71) belonging to the FTSE ITALY STAR Italian Stock Exchange.The research has shown, as the first element in the survey, that nearly all of the companies have created a dedicated function or outsourced the internal audit activity. The second major finding from the analysis is that in most companies the function depends hierarchically on the board. The third point analysed concerns the figure of responsible for Internal Auditing, as established by the Code of Conduct, it replaces the person responsible for internal control and risk management. The analysis showed that almost all the companies have attributed the tasks and responsibilities of the person responsible for internal control to the Head of the Internal Audit Department, due to the coincidence of the operating environments of the two figures and the strong synergies between the two roles. The last point analyzed covers the case where the internal auditing department is decentralized or, on the contrary, remains within the company. The results showed a substantial range of companies chose not to outsource the function

scholarly journals The Effect of the Reliability of Accounting Information Systems on Electronic Disclosures on the Stock Prices: Applied Study on Industrial Companies Listed on Amman Stock Exchange

2019 ◽  
Vol 11 (8) ◽  
pp. 14
Author(s):  
Thaker A. Syaeid
Keyword(s):  
Regression Analysis ◽  
Information Systems ◽  
Stock Prices ◽  
Stock Exchange ◽  
Accounting Information ◽  
Internal Audit ◽  
Accounting Information Systems ◽  
Industrial Companies ◽  
Amman Stock Exchange ◽  
The Impact

The study aims at identifying the impact of the reliability of the accounting information systems (security, confidentiality, privacy, the integrity of processes and readiness) on the stock prices of Jordanian industrial companies in Amman Stock Exchange and determining the effect of electronic disclosures (the appropriate timing, predictability and ability to reorganizing) in improving that impact; depending on the descriptive analytical approach, the questionnaire was designed and distributed to the sample of the study composed of directors of financial departments and divisions related to financial issues, monitoring and internal audit and information technology at industrial companies listed on Amman Stock Exchange, with the average of two questionnaires in each company. The number of questionnaires retrieved and statistically analyzed (118), (90.8%) of distributed questionnaires. The results of the multiple regression analysis showed a statistically significant effect on the reliability of accounting information systems in their dimensions (security, confidentiality, privacy, integrity of processes, and readiness) on the stock prices of Jordanian industrial companies in Amman Stock Exchange, where the moral effect appeared in all dimensions, except (security, integrity of processes). The results of the regression analysis showed that electronic disclosures were represented by (the appropriate timing, predictability and ability to reorganizing) which lead to improve the effect of accounting information systems on the stock prices of Jordanian industrial companies in Amman Stock Exchange. The study recommended to increase the level of interest in the reliability of accounting information systems, and to increase the level of its application and activation in the Jordanian industrial companies, because of its role in improving the performance of the company, and maximize their market value through its accounting information to shareholders of accurate, convenience, timely, reliable, consequently ensuring their survival and continuity, and to increase the awareness of the management of Jordanian industrial companies and financial statements preparers about the importance of electronic disclosure and the benefits it achieves in addition to the resulting risks, and adopt effective procedures to verify the security and reliability of accounting information that electronically disclosed and to transmit the information securely by users.

scholarly journals Can ownership structure and board characteristics affect firm performance?

Accounting ◽  
2021 ◽  
Vol 7 (6) ◽  
pp. 1325-1330 ◽  
Author(s):  
Nisreen Al-Qatanani ◽  
Youssef Abu Siam
Keyword(s):  
Emerging Economies ◽  
Stock Exchange ◽  
Positive Association ◽  
Family Ownership ◽  
Company Performance ◽  
Board Characteristics ◽  
Industrial Companies ◽  
Amman Stock Exchange ◽  
Using Data

This research aimed to examine the association between board of directors’ characteristics as a composite measure, the performance of companies in Jordan and the influence of family ownership on this association. Using data on industrial companies indexed on the Amman Stock Exchange (ASE) from 2013 to 2017, a positive association between board characteristics and company performance was found, indicating that higher board effectiveness is associated with more effective monitoring of management behavior. In addition, the association between board characteristics and company performance was strong when there was an interaction with family ownership, as companies with boards with family members achieve higher performance than companies with boards run by external directors. The study findings could be useful to all regulators seeking to improve the quality of monitoring mechanism practices, especially in emerging economies.

scholarly journals The Role of Internal Audit Function on Corporate Governance and Management

2018 ◽  
Vol 8 (4) ◽  
pp. 100
Author(s):  
Georgios Kontogeorgis
Keyword(s):  
Corporate Governance ◽  
Literature Review ◽  
Research Question ◽  
Internal Audit ◽  
Internal Auditing ◽  
Internal Audit Function ◽  
A Company ◽  
Good Operation

The purpose of the paper is to examine the research question about the role of internal audit function on management and corporate governance. This paper is updated with the latest theories regarding the role of internal auditing on management and corporate governance. It has been made literature review so as to be revealed the role of internal audit function on management and corporate governance. It is found that internal auditing is an important part of the success of corporate governance. Especially, it is one of the pillars of corporate governance. Furthermore, it is found that internal audit function is a vital tool for the management and for the success of a company. The good operation of internal audit function can be a tool for the improvement of quality of the corporate governance and management. Both corporate governance and management can increase the competiveness of a company.

Sign in / Sign up

Export Citation Format

Share Document