DocumentCode
591742
Title
Financial reporting risk assessment and audit pricing
Author
Paino, H. ; Tahir, W.M.M.W.
Author_Institution
Accounting Res. Inst., Univ. Teknol. MARA (UiTM), Jengka, Malaysia
fYear
2012
fDate
23-26 Sept. 2012
Firstpage
85
Lastpage
89
Abstract
Financial information that has being deteriorated by fraud will misled users. Hence, the main objective of this paper is to identify the association between five ratios of financial reporting risks to predict fraud. Furthermore, this paper also investigates the impacts of fraud detection on audit fee. Thus, sample of 10 of fraudulent companies and sample of 40 non fraudulent companies are being identified to achieve the objective. Stepwise logistic regression was being employed. The results clearly indicate that changes in sales, receivables and allowance for doubtful debts have significant effect of fraud detection. However, fraud detection gives no or little impact on audit fees.
Keywords
auditing; fraud; regression analysis; risk analysis; tariffs; audit fee; audit pricing; financial information deterioration; financial reporting risk assessment; fraud detection; fraud prediction; fraudulent companies; non fraudulent companies; stepwise logistic regression; Companies; Logistics; Marketing and sales; Mathematical model; Pricing; Risk management; Testing; Audit Pricing; Risk Assessment;
fLanguage
English
Publisher
ieee
Conference_Titel
Business, Engineering and Industrial Applications (ISBEIA), 2012 IEEE Symposium on
Conference_Location
Bandung
Print_ISBN
978-1-4577-1632-4
Type
conf
DOI
10.1109/ISBEIA.2012.6423014
Filename
6423014
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