Financial reporting risk and business risk assessments as fraud detection mechanism and its impact on audit pricing / Wan Mardyatul Miza Wan Tahir and Dr Halil Paino

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 fe...

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Bibliographic Details
Main Authors:	Wan Tahir, Wan Mardyatul Miza, Paino, Halil
Format:	Research Reports
Language:	English
Published:	Research Management Institute (RMI) 2012
Subjects:	Balance sheets. Financial statements. Including corporation reports. Financial reporting. Financial disclosure
Online Access:	http://ir.uitm.edu.my/id/eprint/21735/ http://ir.uitm.edu.my/id/eprint/21735/1/LP_WAN%20MARDYATUL%20MIZA%20WAN%20TAHIR%20RMI%2012_5.pdf

id	uitm-21735
recordtype	eprints
spelling	uitm-217352018-10-03T06:59:09Z http://ir.uitm.edu.my/id/eprint/21735/ Financial reporting risk and business risk assessments as fraud detection mechanism and its impact on audit pricing / Wan Mardyatul Miza Wan Tahir and Dr Halil Paino Wan Tahir, Wan Mardyatul Miza Paino, Halil Balance sheets. Financial statements. Including corporation reports. Financial reporting. Financial disclosure 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. Research Management Institute (RMI) 2012 Research Reports NonPeerReviewed text en http://ir.uitm.edu.my/id/eprint/21735/1/LP_WAN%20MARDYATUL%20MIZA%20WAN%20TAHIR%20RMI%2012_5.pdf Wan Tahir, Wan Mardyatul Miza and Paino, Halil (2012) Financial reporting risk and business risk assessments as fraud detection mechanism and its impact on audit pricing / Wan Mardyatul Miza Wan Tahir and Dr Halil Paino. [Research Reports] (Unpublished)
repository_type	Digital Repository
institution_category	Local University
institution	Universiti Teknologi MARA
building	UiTM Institutional Repository
collection	Online Access
language	English
topic	Balance sheets. Financial statements. Including corporation reports. Financial reporting. Financial disclosure
spellingShingle	Balance sheets. Financial statements. Including corporation reports. Financial reporting. Financial disclosure Wan Tahir, Wan Mardyatul Miza Paino, Halil Financial reporting risk and business risk assessments as fraud detection mechanism and its impact on audit pricing / Wan Mardyatul Miza Wan Tahir and Dr Halil Paino
description	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.
format	Research Reports
author	Wan Tahir, Wan Mardyatul Miza Paino, Halil
author_facet	Wan Tahir, Wan Mardyatul Miza Paino, Halil
author_sort	Wan Tahir, Wan Mardyatul Miza
title	Financial reporting risk and business risk assessments as fraud detection mechanism and its impact on audit pricing / Wan Mardyatul Miza Wan Tahir and Dr Halil Paino
title_short	Financial reporting risk and business risk assessments as fraud detection mechanism and its impact on audit pricing / Wan Mardyatul Miza Wan Tahir and Dr Halil Paino
title_full	Financial reporting risk and business risk assessments as fraud detection mechanism and its impact on audit pricing / Wan Mardyatul Miza Wan Tahir and Dr Halil Paino
title_fullStr	Financial reporting risk and business risk assessments as fraud detection mechanism and its impact on audit pricing / Wan Mardyatul Miza Wan Tahir and Dr Halil Paino
title_full_unstemmed	Financial reporting risk and business risk assessments as fraud detection mechanism and its impact on audit pricing / Wan Mardyatul Miza Wan Tahir and Dr Halil Paino
title_sort	financial reporting risk and business risk assessments as fraud detection mechanism and its impact on audit pricing / wan mardyatul miza wan tahir and dr halil paino
publisher	Research Management Institute (RMI)
publishDate	2012
url	http://ir.uitm.edu.my/id/eprint/21735/ http://ir.uitm.edu.my/id/eprint/21735/1/LP_WAN%20MARDYATUL%20MIZA%20WAN%20TAHIR%20RMI%2012_5.pdf
first_indexed	2023-09-18T23:07:12Z
last_indexed	2023-09-18T23:07:12Z
_version_	1777418562657320960

Financial reporting risk and business risk assessments as fraud detection mechanism and its impact on audit pricing / Wan Mardyatul Miza Wan Tahir and Dr Halil Paino

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