The Relationship between Auditor's Independence and Financial Reporting Fraud Risk Assessment: Evidence from Yemeni Context
The purpose of this study is to examine external auditor's independence related factors (IRF) associated with financial reporting fraud risk assessment (FRFRA). A quantitative instrument was used to measure FRFRA and IRF. In total, 254 external auditors participated in this study. Results found...
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University of Science and Technology, Yemen
2018-04-01
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doaj-c64318b1bb7e477192ddc5adad4094f82020-11-25T00:18:25ZaraUniversity of Science and Technology, Yemenمجلة الدراسات الاجتماعية 2312-525X2312-52682018-04-0124113717510.20428/JSS.24.1.61317The Relationship between Auditor's Independence and Financial Reporting Fraud Risk Assessment: Evidence from Yemeni ContextSultan Ali Al-Sorihi0Accounting and Finance Department, Faculty of Administrative Sciences, University of Sciences and Technology, YemenThe purpose of this study is to examine external auditor's independence related factors (IRF) associated with financial reporting fraud risk assessment (FRFRA). A quantitative instrument was used to measure FRFRA and IRF. In total, 254 external auditors participated in this study. Results found that social relations, and hiring and changing of the auditor are positively and significantly associated with FRFRA. Otherwise economic relations and audit fees are insignificant. This study serves to inform external auditors on how to improve their consideration of FRFRA. It also contributes to the limited body of research on FRFRA within IRF in the emerging economy. New variables were included for external auditors’ independence related factors. These variables consist of social relations, economic relations, and hiring and changing of the auditor. By including these new variables, more contributions are made to the extant literature and more evidence is provided on the results of external auditors in the Republic of Yemen. Keywords: Independence related factors, External auditor, Fraud risk assessment, Financial reporting, Yemen.https://ust.edu/ojs/index.php/JSS/article/view/1317Independence related factorsExternal auditorFraud risk assessmentFinancial reporting |
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DOAJ |
language |
Arabic |
format |
Article |
sources |
DOAJ |
author |
Sultan Ali Al-Sorihi |
spellingShingle |
Sultan Ali Al-Sorihi The Relationship between Auditor's Independence and Financial Reporting Fraud Risk Assessment: Evidence from Yemeni Context مجلة الدراسات الاجتماعية Independence related factors External auditor Fraud risk assessment Financial reporting |
author_facet |
Sultan Ali Al-Sorihi |
author_sort |
Sultan Ali Al-Sorihi |
title |
The Relationship between Auditor's Independence and Financial Reporting Fraud Risk Assessment: Evidence from Yemeni Context |
title_short |
The Relationship between Auditor's Independence and Financial Reporting Fraud Risk Assessment: Evidence from Yemeni Context |
title_full |
The Relationship between Auditor's Independence and Financial Reporting Fraud Risk Assessment: Evidence from Yemeni Context |
title_fullStr |
The Relationship between Auditor's Independence and Financial Reporting Fraud Risk Assessment: Evidence from Yemeni Context |
title_full_unstemmed |
The Relationship between Auditor's Independence and Financial Reporting Fraud Risk Assessment: Evidence from Yemeni Context |
title_sort |
relationship between auditor's independence and financial reporting fraud risk assessment: evidence from yemeni context |
publisher |
University of Science and Technology, Yemen |
series |
مجلة الدراسات الاجتماعية |
issn |
2312-525X 2312-5268 |
publishDate |
2018-04-01 |
description |
The purpose of this study is to examine external auditor's independence related factors (IRF) associated with financial reporting fraud risk assessment (FRFRA). A quantitative instrument was used to measure FRFRA and IRF. In total, 254 external auditors participated in this study. Results found that social relations, and hiring and changing of the auditor are positively and significantly associated with FRFRA. Otherwise economic relations and audit fees are insignificant. This study serves to inform external auditors on how to improve their consideration of FRFRA. It also contributes to the limited body of research on FRFRA within IRF in the emerging economy. New variables were included for external auditors’ independence related factors. These variables consist of social relations, economic relations, and hiring and changing of the auditor. By including these new variables, more contributions are made to the extant literature and more evidence is provided on the results of external auditors in the Republic of Yemen.
Keywords: Independence related factors, External auditor, Fraud risk assessment, Financial reporting, Yemen. |
topic |
Independence related factors External auditor Fraud risk assessment Financial reporting |
url |
https://ust.edu/ojs/index.php/JSS/article/view/1317 |
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