التفاصيل البيبلوغرافية
| العنوان: |
EVALUATING AUDITOR’S ROLE IN FRAUD DETECTION FROM FINANCIAL STATEMENT: A COMPREHENSIVE REVIEW OF RESPONSIBILITIES |
| المؤلفون: |
ALLAH DITTA, SAIMA LIAQAT, SANIA ZAFAR, KIRAN AHMAD, ATIF KHAN JADOON, AYESHA HUSSAIN |
| المصدر: |
Russian Law Journal; Vol. 11 No. 4 (2023) ; 2313-7851 |
| بيانات النشر: |
Russian Law Journal |
| سنة النشر: |
2023 |
| المجموعة: |
Russian Law Journal (RLJ) |
| مصطلحات موضوعية: |
Auditor, fraud, financial statements, Pakistan |
| الوصف: |
Purpose – Fraud detection is major problem of developed and underdeveloped countries for the profit oriented and nonprofit organizations. Countries are trying to identify techniques and methods to prevent frauds because it creates ethical and moral issues in workplace. Business loss millions of dollars every year due to fraudulent activities that is the main issue of the business. The need is to fight against this most important issue. The objective of the paper is to find auditor’s responsibilities to detect fraud from financial statement. Auditors’ Training, ethics of the accountants and auditors and experience added values for the prevention of fraud. Design/methodology/approach – Structured questionnaires was sent to 390 individuals through email working in the audit department. But 260 respondents gave the response which is 66.67% response. Structured questionnaires ranging from ‘1’ (strongly disagree) to ‘5’ (strongly agree), Likert scale was used to collect data. Findings – We found that auditors checked the financial statement, transactions, valuation of the assets and bank reconciliation statement if any unauthorized transaction or fraud occurred then auditors report to management. For the detection of fraud training and experience support the auditors. We also found that in Pakistan, auditor’s report is beneficial for the management to take important decision. Research limitations/implications – This sample size is small. Large sample size and personally interviews can increase the result accuracy. Originality/value – This paper addresses a vital gap for both academic researchers and professionals in the audit department, providing valuable insights into the topic of fraud in Pakistan. Furthermore, it offers an attractive contribution that enhances our understanding of fraud within the context of Pakistan. And auditor’s recommendations and suggestions are also valuable for the organization. This type of study was not conducted in Pakistan. |
| نوع الوثيقة: |
article in journal/newspaper |
| وصف الملف: |
application/pdf |
| اللغة: |
English |
| Relation: |
https://www.russianlawjournal.org/index.php/journal/article/view/2917/1744; https://www.russianlawjournal.org/index.php/journal/article/view/2917 |
| الاتاحة: |
https://www.russianlawjournal.org/index.php/journal/article/view/2917 |
| Rights: |
https://creativecommons.org/licenses/by-nc-nd/4.0 |
| رقم الانضمام: |
edsbas.1AA0ABA6 |
| قاعدة البيانات: |
BASE |