• 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