Economics, Econometrics and Finance
8 years ago

Auditors Ignoring Non-Financial Data Risking Accuracy of Financial Statements

SSRN Electronic Journal
Implications of Financial and Non-Financial Measures on the Refinement of the Assessments of Audit Risk: An Empirical Investigation
Abdelmoneim A. Awadallah, Haithm Mohamed El Said

Paper Summary

Related papers

Business, Management and Accounting
4 years ago

Mandatory Auditor Rotation Fails to Improve Audit Quality, Hurts Profitability

Earnings Management
Risk Management
Corporate Governance
3 views
Business, Management and Accounting
5 years ago

Auditors' Perceptions Reveal Key Drivers of Audit Quality in Malaysia

Islamic Banking
1 view
Business, Management and Accounting
5 years ago

Audits Empower Organizations to Enhance Transparency and Accountability

Management Control
2 views

The article explores how auditors assess audit risk, focusing on financial versus non-financial data. A study in Egypt found that auditors tend to rely more on financial information when evaluating audit risk, overlooking the potential insights from non-financial measures. This suggests that auditors may not be fully considering all relevant factors when assessing the validity of financial statements for potential fraud or errors.