[Home ] [Archive]   [ فارسی ]  
:: Main :: About :: Current Issue :: Archive :: Search :: Submit :: Contact ::
Main Menu
Home::
Journal Information::
Articles archive::
For Authors::
For Reviewers::
Registration::
Contact us::
Site Facilities::
::
Search in website

Advanced Search
..
Receive site information
Enter your Email in the following box to receive the site news and information.
..
:: year 11, Issue 43 (2019) ::
fa 2019, 11(43): 97-125 Back to browse issues page
The Impact of Dual Role of Forensic Accountant-Audit Firm's Partner on Audit Quality
Mostafa Abdi *1 , Mahdi Kazemi Oloum , Somayeh Aghajanloo , Vahid Shahazi
Abstract:   (5430 Views)
Many data are effective in audit quality that are not part of the audit requirements. One of them is the personal characteristics of the auditor, such as skills and expertise. Forensic accountants have the skills need to spend on specialized fraud courses that they lack a formal non- forensic accountant. To investigate the Impact of dual role of forensic accountant- Official Accountant and audit firm's partner on audit quality, the data of 152 companies listed in Tehran Stock Exchange during the years 2012-2017 was gathered. The hypotheses of this study were tested using panel data and probit regression. To measure audit quality, two criteria have been used: the type of opinion of the auditor and the number of clauses before the comment. The results of this study indicate that if the audit firm's partner be a forensic accountant (official judicial and judicial expert in Iran), the probability of modified opinion is increased and also the probability of qualified opinion increased with more number of clauses. In the other words, the results indicate that, as a partner of the audit firm at the same time, the forensic accountant; this will increase the audit quality. Also, the results of additional tests showed that the duplicate role of the audit partner on the accruals items as a criterion for assessing the quality of the audit has a positive and significant effect.
 
Keywords: Audit Firm's Partner, Audit Quality, Discretionary Accruals, Forensic Accountant, Modified Audit Opinion.
Full-Text [PDF 961 kb]   (1408 Downloads)    
Type of Study: Research | Subject: Special
References
1. Ball, F; Tyler, j; Wells, P. (2015); “Is audit quality impacted by auditor relationships”, Journal of Contemporary Accounting and Economics, 11(2), 166–181.
2. Bauwhede HV, Marleen Willekens.(2004). "Evidence on (the lack of) Audit – quality. Differentiation in the Private Client Segment of the Belgian Audit Market"; European Accounting Review , 13(3), 501 – 522.
3. Bhasin, M.L. (2007), Forensic Accounting: A New Paradigm for Niche Consulting, The Chartered Accountant, published by the ICAI, New Delhi, 10(3), 100-110.
4. Bologna, Jack. J. Lindquist, Robert. (2010).Willy.
5. Campa, D. (2013), “Big 4 Fee Premium and Audit Quality: Latest Evidence from UK Listed Companies”, Managerial Auditing Journal, 28 (8), 680-707.
6. Coderre, G.D. (1999). Fraud Detection." Using Data Analysis Techniques to Detect Fraud, Global Audit Publications, Vancover".
7. Dang Li. Brown Kavin F and MC Cullough.(2004). "Assessing audit quality: A Value Relevance Perspective".
8. Daniels, B. W. & Booker, Q. (2011)." The effects of audit firm rotation on perceived auditor independence and audit quality". Research in Accounting Regulation, 23(1), 78-82.
9. Davidson, R, A, and Neu, D. (1993). ‘A note on the association between audit firm size and audit quality’, Contemporary accounting research, 9(2), 479-488.
10. DeAngelo, L. E. (1981). Audit Size and Audit Quality, Journal of Accounting and Economics:61(3), 183-199.
11. DeFond, M and Zhang, J.(2014). A review of archival auditing research, Journal of Accounting and Economics,58(3), p 275- 326.
12. Deltas G, Doogar R. (2004) "Product and Cost Differentiation by Large Audit Firms ".1 -10.
13. Dey, R., (1991). “Informationally motivated auditor replacement”. Journal of Accounting and Economics. 14(2), 347- 374.
14. Díaz, B; Fernández, R; Díaz, A. (2014); “Auditor tenure and audit quality in Spanish state-owned foundations”, Revista de Contabilidad – Spanish Accounting Review, 32(12), 1-12.
15. Dickens,D. Johnson-snyder, A, T.Reisch,J.(2018). "Selecting & Auditor for Bradco Using Indicators of Audit Quality", Journal of Accounting Education, 45(4), 32-44.
16. Elliot, R. and Willingham, J. (1980)." Management Fraud: Detection and Deterrence", Petrocelli,New York, NY.
17. Enofe, A. O. Okpako, P. O. Atube, E. N. (2013). "The Impact Of forensic Accounting on Fraud Detection", 20(1), 61-73.
18. Fllatah Y, (2006)," The Role of asset Reliability and Auditor Quality in Equity valuation: A dissertation of the requirements for the degree of Doctor of philosophy". Florida Atalantic Univercity; Avilable at UMI icroform 3222087 (proQuest).
19. Fuerman R. (2006) "Comparing. the Auditor Quality of Arthur Andersen to that of the Big 4: API", 6(1) 1-10.
20. Henock Louis.(2005)." Acquirers Abnormal Returns, Audit Firm Size and the Small Auditor Clientele Effect" , Journal of accounting and economics.
21. Imonian, J.O, Antunes, M.T.P and Formigoni, H. (2013). " The forensic accounting and corporate fraud". Journal of Information Systems and Technology Management, 10(1), 119-144.
22. Jones, J., (1991). “Earnings management during important relief investigations”. . Journal of Accounting Research. 29(3), 193-228.
23. Knechel, R., Krishnan, G., Pevzner, M. and Shefchik, L., (2013)." Audit Quality: Insights from the Academic Literature Auditing". A Journal of Practice & Theory American Accounting Association, 32 (1), 385–421.
24. Krau, P., Quosigk, B & Zülch, H. (2014)." Effects of Initial Audit Fee Discounts on Audit Quality: Evidence from Germany", International Journal of Auditing, 18,( 1), 40–56.
25. Lennix, C. and Li, B. (2012). "The consequences of protecting audit partners: personal assets from the threat of liability". Journal of Accounting and Economics. 54(2), 154-173.
26. Okoye, E.I and Gbegi, D.O (2013). "Forensic Accounting: A Tool for Fraud Detection and Prevention in the Public Sector. (A Study of Selected - Ministries in Kogi State)". International Journal of Academic Research in Business and Social Sciences. 3(3), 1-15.
27. Okoye.I. Emma.(2009). "Forensic Accounting in Developing Economic Problems & Prosspects".The Univercity Advanced Research Journal,(1), 1-13.
28. Palmrose,Z. (1988). "An Analysis of Auditor Lititgation & Audit Service Quality". The Accounting Review. 64( 1), 55-73.
29. Peecha, Mark E, et al. (2005). ‘It is all about audit quality: perspectives on strategic – system auditing’. Accounting organization and society, 12(4), 129-145.
30. Schilder, A. (2011). "Audit quality an IAASB perspective'. www.iaasb.org.
31. Shanikat, M. & Khan, A. (2013). "Culture-Specific Forensic Accounting Conceptual Framework: A Skills Set Theoretical Analysis". International Journal of Business and Management, 15(4), 1-12.
32. Sorunke, Olukayode.Abayomi.(2016). "Integrating Forensic Accounting in to The Accounting Curriculum in Nigerian Univercities: Challenges & Remedies". International Journal of Research in Progressive Education & Development. 5(1), 59-64.
33. Ulucan, Ö. F and Pamukç, A. (2012). "Fraud Detection and Forensic Accounting". Available at: http://www.springer.com.
34. Wang, Q., Wong, T.J. and Xia, L. (2008). "State Ownership,the institutional environment, and auditor choice: Evidence from china". Journal of Accounting and Economics.56(2), 112-134.
35. Zysman, A. (2009), Litigation: "Forensic Accounting Demystified". Available at: http://www.forensicaccounting.com.
36. Zysman, A. (2011). "Forensic Accounting Demystified". Available at: http://www.forensicaccounting.com.
Send email to the article author

Add your comments about this article
Your username or Email:

CAPTCHA


XML   Persian Abstract   Print


Download citation:
BibTeX | RIS | EndNote | Medlars | ProCite | Reference Manager | RefWorks
Send citation to:

Abdi M, Kazemi Oloum M, Aghajanloo S, shahazi V. The Impact of Dual Role of Forensic Accountant-Audit Firm's Partner on Audit Quality. fa 2019; 11 (43) :97-125
URL: http://qfaj.mobarakeh.iau.ir/article-1-1866-en.html


Rights and permissions
Creative Commons License This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
year 11, Issue 43 (2019) Back to browse issues page
فصلنامه حسابداری مالی Quarterly Financial Accounting
Persian site map - English site map - Created in 0.04 seconds with 37 queries by YEKTAWEB 4691