The Commitment of Jordanian Auditors to Assess Audit Risks

Ghassan Falah Al matarneh

Abstract


This study aimed to identify the extent to which Jordanian auditors assessed the inherent risks, control risks, and
detection risks when doing audits of financial statements. To achieve the objectives of the study, testing of
hypotheses, questionnaire was designed and distributed to a sample of (70) Jordanian Auditors. To conduct data
analysis and test hypotheses descriptive statistics, means, standard deviation, and one sample (T-test) were used.
The study found that there is a commitment by Jordanian auditors to applying procedures, and tests required to
evaluate the internal controls system when assessing the risks. It is necessary to the auditor to assess the inherent
risks, control risks, and detection risks. The study recommended a number of recommendations where the most
important is that strengthen cooperation must be between the external and internal auditor during the audit in
terms of reduces the risk of fraud and misrepresentation in the financial statements to a minimum.


Full Text: PDF DOI: 10.5539/ijbm.v6n11p267

Creative Commons License
This work is licensed under a Creative Commons Attribution 3.0 License.

International Journal of Business and Management   ISSN 1833-3850 (Print)   ISSN 1833-8119 (Online)

Copyright © Canadian Center of Science and Education

To make sure that you can receive messages from us, please add the 'ccsenet.org' domain to your e-mail 'safe list'. If you do not receive e-mail in your 'inbox', check your 'bulk mail' or 'junk mail' folders.