Measuring the Effect of Financial and Nonfinancial Information on Conducting Analytical Procedures for the Purposes of Audit Process Planning: An Experimental Study

This study aims to demonstrate the effect of auditors' use of analytical procedures in the light of audit standard 520 (ISA 520) on the audit quality from the point of view of external auditors in Jordan. Moreover, the study sought to make valuable recommendations to develop audit methods and address weaknesses to take advantage of financial analysis methods. To achieve the objectives of the study, questionnaire was developed included (35) questions distributed to a sample of auditors practitioners of the audit profession and numbered (64) auditors, have been recovered, (60) of them were collected, and all of them, were used in analysis; One sample t-test was used to test the hypotheses of the study. the researcher found: There is a statistically significant impact of auditors' use of analytical procedures on the quality of audit for both: the auditor 's use of financial ratios and the comparing financial ratios and extracted information with predetermined standards (financial analysis standards), also there are no statistically significant differences on the impact of auditors' use of analytical procedures on the quality of audit attributable to personal variables (educational qualification, specialization, duration of service). Finally, researchers Finally, the researcher made some recommendations to develop the audit process, the most important of them: The supervisory authorities shall ensure that Audit offices and auditors should comply with international auditing standards in general and in the field of analytical procedures based on the International Auditing Standard (520), as well as Standard No. (220) on Quality Auditing in particular. and professional standards and meet the wishes of users of financial statements to achieve quality control and be subject to peer review.

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A Discussion on the measurement and interpretation of changes of strain in the Earth - Earth tides and their place in geophysics (summary)

Philosophical Transactions of the Royal Society of London. Series A, Mathematical and Physical Sciences ◽

10.1098/rsta.1973.0042 ◽

1973 ◽

Vol 274 (1239) ◽

pp. 199-202 ◽

Cited By ~ 3

Keyword(s):

Experimental Study ◽

Solid Earth ◽

Earth Tides ◽

Theoretical Studies ◽

The Earth ◽

The Future ◽

Gravity Variations ◽

Analytical Procedures ◽

Experimental And Theoretical Studies

The experimental study of tidal phenomena in the solid Earth has been pursued for a century and, in particular, the last 15 years since the I.G.Y. has seen a spectacular growth in activity. The geophysical significance of the work has remained limited however, and it is necessary to study possible reasons for these shortcomings. Work in the U.K. on tilt and gravity variations has helped to identify some of the relevant problems associated with the philosophy of instrumentation and its deployment, calibration, experimental repeatability, and analytical procedures. Here the importance of the oceanic influence is clear, whereas elsewhere it has not always been accorded sufficient attention. The future of the discipline may lie in a decline in interest in body effects and a greater concentration upon the mantle, the crust and their inhomogeneities in which experimental and theoretical studies proceed in parallel.

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THE FEATURES OF INTANGIBLE ASSETS AUDIT: ANALYTICAL PROCEDURES AND INSPECTION

Economic Analysis ◽

10.35774/econa2017.02.201 ◽

2017 ◽

pp. 201-208

Author(s):

Liliia Tarasenko

Keyword(s):

Systematic Approach ◽

Intangible Assets ◽

Specific Character ◽

Audit Process ◽

External Review ◽

Existing Problems ◽

Financial Position ◽

Analytical Procedures ◽

Independent Audit

Increasingly, information, which is recorded on the reports, requires independent appraisal for user getting certainty about the financial position of enterprise. To provide such confirmation, the independent audit is a necessary procedure. Due to the fact, that level of intangible assets is all the time increasing, special attention should be paid to methods, which are used during the external review of specific objects. The article deals with the analysis of the existing problems of independent audit of intangible assets. This audit aims to work out the ways for its improvement taking into account the specific character of the mentioned object. It has been grounded the necessity of audit systematic approach particular the analytical procedures to enhance objectivity in formulating the auditor's report. The mistakes of accounting have been identified during the research. They are considered as a base for developing proposals referring to the audit process.

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Statistical Techniques for Planning Internal Audit Engagements and Analytical Procedures Selection

Accounting Analysis Auditing ◽

10.26794/2408-9303-2021-8-4-51-68 ◽

2021 ◽

Vol 8 (4) ◽

pp. 51-68

Author(s):

M. F. Safonova ◽

A. Yu. Alekseenko

Keyword(s):

Data Analysis ◽

Internal Audit ◽

Practical Significance ◽

Labor Costs ◽

Audit Process ◽

Statistical Tools ◽

Internal Audit Function ◽

Analysis And Synthesis ◽

Analytical Procedures ◽

Business Entities

The planning an audit engagement is the most important component that determines the effectiveness of internal audit services, both from the standpoint of improving the efficiency of the company and users of the results of the internal audit work. The use of statistical tools during the planning phase of the audit engagement can be considered as a component of a risk-based approach to internal audit. This research applies such statistical instruments as the normal distribution, the Kolmogorov–Smirnov test and regression analysis. The methodological support improvement of the internal audit process is one of the ways to perfect a guarantees quality and advice provided by the internal audit unit, as well as to minimize labor costs at the stage of planning an audit and determining the scope of the audit. There had being used such general methods of scientific knowledge as observation and comparison of data, analysis and synthesis, scientific abstraction during the research course. The proposed risk-based methodology for defining the scope and objectives of internal audit engagements using statistical tools was developed in conformity with the International Framework for the Professional Practice of Internal Auditing (Supplementary Guide “Planning an Audit Engagement: Defining Objectives and Scope”). The scope of analytical procedures formed in the process of planning the audit engagement allowed to cover the areas of the process that are most at risk of deviations. The practical significance of the study is considered by the possibility of applying the proposed methodology to define the audit assignment scope and its purpose, select the most effective analytical procedures, and minimize the labor costs of the working group. The developed methodology can be used for the work process organization in internal audit departments of business entities; some of its provisions can be applied in order to conduct a self-assessment of the effectiveness of the internal audit function. The use of statistical data analysis tools and publicly available information processing tools can improve the effectiveness of the internal audit function by the way of focusing on the most risky areas of the audited process. The developed methodological support is based on a risk-oriented approach.

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Application Of Analytical Procedures In The Audit Process:, Case Study Of Biofarm Company For The Period 2014 - 2017

10.35658/1445-010-002-022 ◽

2019 ◽

pp. 294

Author(s):

Naim Lounis ◽

Miloud Toumi

Keyword(s):

Audit Process ◽

Analytical Procedures

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FRAUD RISK ASSESSMENT: EXPERIMENTAL STUDY ON THE ALTERNATIVE FRAUD MODEL AND AUDITOR RISK PREFERENCES

Jurnal Reviu Akuntansi dan Keuangan ◽

10.22219/jrak.v10i1.11430 ◽

2020 ◽

Vol 10 (1) ◽

Author(s):

Arintyas Kristi Artati ◽

Suzy Noviyanti

Keyword(s):

Risk Assessment ◽

Experimental Study ◽

High Risk ◽

Risk Preferences ◽

Risk Preference ◽

Low Risk ◽

Audit Process ◽

Fraud Risk ◽

Central Java ◽

Public Accountant

Fraud risk assessment is an important part of the audit process and one of the toughest challenges faced by auditors. In considering fraud risk assessment, fraud models and risk preferences can influence auditor’s decisions. This study uses a 2x2 between-subject experimental design with a total of 110 auditors of public accountant firms in Central Java as participants and produces 60 data ready for processing. Participants were formed into 4 groups with different treatments which the treatments consist of Diamond Fraud model with high and low risk preferences and Pentagon Fraud model with high and low risk preferences. The results show that the use of Pentagon Fraud model will result a more conservative fraud risk assessment. When auditors dare to take high risk action, the resulting fraud risk assessment will be low. In addition, the fraud model and risk preference variables show a significant influence on the performing of fraud risk assessment. There is an interaction between fraud models and auditors’ risk preferences in the performance of fraud risk assessment.

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Bulk standards for low-temperature biological x-ray microanalysis

Proceedings, annual meeting, Electron Microscopy Society of America ◽

10.1017/s0424820100111525 ◽

1984 ◽

Vol 42 ◽

pp. 282-283

Author(s):

P. Echlin ◽

M. McKoon ◽

E.S. Taylor ◽

C.E. Thomas ◽

K.L. Maloney ◽

...

Keyword(s):

Phase Separation ◽

Low Temperature ◽

Analytical Method ◽

Salt Solutions ◽

Absolute Concentration ◽

Cooling Process ◽

X Ray ◽

The Absolute ◽

Analytical Procedures ◽

Electrical Conductors

Although sections of frozen salt solutions have been used as standards for x-ray microanalysis, such solutions are less useful when analysed in the bulk form. They are poor thermal and electrical conductors and severe phase separation occurs during the cooling process. Following a suggestion by Whitecross et al we have made up a series of salt solutions containing a small amount of graphite to improve the sample conductivity. In addition, we have incorporated a polymer to ensure the formation of microcrystalline ice and a consequent homogenity of salt dispersion within the frozen matrix. The mixtures have been used to standardize the analytical procedures applied to frozen hydrated bulk specimens based on the peak/background analytical method and to measure the absolute concentration of elements in developing roots.

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Experimental study on the restoration from a tilt-azimuth series for improvement in resolution

Proceedings, annual meeting, Electron Microscopy Society of America ◽

10.1017/s042482010013955x ◽

1995 ◽

Vol 53 ◽

pp. 636-637

Author(s):

Norio Baba ◽

Norihiko Ichise ◽

Syunya Watanabe

Keyword(s):

Experimental Study ◽

Spherical Aberration ◽

Incident Beam ◽

Optical Parameters ◽

Beam Tilting ◽

Illumination Method ◽

Restoration Method ◽

Illumination Mode

The tilted beam illumination method is used to improve the resolution comparing with the axial illumination mode. Using this advantage, a restoration method of several tilted beam images covering the full azimuthal range was proposed by Saxton, and experimentally examined. To make this technique more reliable it seems that some practical problems still remain. In this report the restoration was attempted and the problems were considered. In our study, four problems were pointed out for the experiment of the restoration. (1) Accurate beam tilt adjustment to fit the incident beam to the coma-free axis for the symmetrical beam tilting over the full azimuthal range. (2) Accurate measurements of the optical parameters which are necessary to design the restoration filter. Even if the spherical aberration coefficient Cs is known with accuracy and the axial astigmatism is sufficiently compensated, at least the defocus value must be measured. (3) Accurate alignment of the tilt-azimuth series images.

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