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Author: Tariq Hassaneen Ismail Publisher: ISBN: Category : Languages : en Pages :
Book Description
Purpose - To constitute and test a framework of factors that might affect auditors' perceptions of the work needed to audit internet-based financial reports (IBFR). Methodology/Approach - The study conducts a questionnaire on practicing auditors from audit firms in Egypt in the year 2007 to examine their perceptions of the work needed to audit IBFR and factors that might affect their perceptions.Findings - The study portrays total auditors' perceptions as a function of four dimensions. First, auditor' personal-specific characteristics (consisting of three variables); second, audit fieldwork-specific characteristics (containing one variable); third, audit firm-specific characteristics (comprising five variables); and, fourth, environmental-specific characteristics (consisting of four variables). The analysis of empirical study provides evidence of a significant association between auditors' perceptions of the work needed to audit IBFR and the following factors: auditors' knowledge of inherent risks of internet reporting, quality systems, audit tenure, legal form of client, client industry group, user needs of financial information and legislation environment.Research limitations - The scope of the survey is limited to a small number of potential participants. Accounting and auditing standards setting' environment in Egypt may restrict the generalization of the findings of this study.Originality/Value - This paper enriches to the literature on internet reporting and audit tasks by exploring factors that might affect auditors' perceptions of the work needed to audit IBFR. The study provides evidence that supports Egyptian regulators' initiatives to issue guidelines that cover IBFR, and auditors' responsibilities and the work needed in the audit of IBFR in electronic business environments in an attempt to improve the integrity of financial reporting.
Author: Tariq Hassaneen Ismail Publisher: ISBN: Category : Languages : en Pages :
Book Description
Purpose - To constitute and test a framework of factors that might affect auditors' perceptions of the work needed to audit internet-based financial reports (IBFR). Methodology/Approach - The study conducts a questionnaire on practicing auditors from audit firms in Egypt in the year 2007 to examine their perceptions of the work needed to audit IBFR and factors that might affect their perceptions.Findings - The study portrays total auditors' perceptions as a function of four dimensions. First, auditor' personal-specific characteristics (consisting of three variables); second, audit fieldwork-specific characteristics (containing one variable); third, audit firm-specific characteristics (comprising five variables); and, fourth, environmental-specific characteristics (consisting of four variables). The analysis of empirical study provides evidence of a significant association between auditors' perceptions of the work needed to audit IBFR and the following factors: auditors' knowledge of inherent risks of internet reporting, quality systems, audit tenure, legal form of client, client industry group, user needs of financial information and legislation environment.Research limitations - The scope of the survey is limited to a small number of potential participants. Accounting and auditing standards setting' environment in Egypt may restrict the generalization of the findings of this study.Originality/Value - This paper enriches to the literature on internet reporting and audit tasks by exploring factors that might affect auditors' perceptions of the work needed to audit IBFR. The study provides evidence that supports Egyptian regulators' initiatives to issue guidelines that cover IBFR, and auditors' responsibilities and the work needed in the audit of IBFR in electronic business environments in an attempt to improve the integrity of financial reporting.
Author: Tariq Hassaneen Ismail Publisher: ISBN: Category : Languages : en Pages :
Book Description
The purpose in this study is to constitute and test a framework of factors that might impact auditors' perceptions on tasks towards internet reporting. The study employs a questionnaire to practicing auditors from audit firms in Egypt in the year 2007 to examine auditors' perceptions on tasks towards internet reporting and factors that might affect their perceptions. The study portrays total auditors' perceptions as a function of four dimensions; auditor' personal-specific characteristics; consisting of three variables, audit fieldwork-specific characteristics; containing one variable, audit firm-specific characteristics; consisting of five variables and environmental-specific characteristics; consisting of four variables. Analysis of empirical study provides evidence of a significant association between auditors' perceptions on tasks towards internet financial reporting and the following factors; auditors' knowledge in risk of internet reporting, quality systems, audit tenure, legal form of client, client industry group, user needs of financial information and legislation environment. This paper adds to the literature on internet reporting and audit tasks by exploring factors that might affect auditors' perceptions on tasks towards internet reporting.
Author: Doaa Abd El Rehim Mohamed Aly Publisher: ISBN: Category : Languages : en Pages :
Book Description
Currently the provision of corporate financial information through the internet is a new issue confronting providers and users of financial information in Egypt. It is expected to be important as financial information would be disseminated worldwide and this availability of information could encourage people to invest in any part of the world. Studying internet reporting in Egypt will help in providing on line timely information, thus encouraging investors to invest in Egypt. It will meet stakeholders? demands for greater speed and volume of financial information. Businesses must find better and more effective ways of communicating financial information with these stakeholders. Therefore, there is a need to examine the role played by the internet in communicating financial information in Egypt, in order to find out how that role may be enhanced. The major objectives of the study were to 1) identify the extent of internet corporate financial reporting in the Egyptian companies; 2) identify factors which influence Egyptian listed companies to voluntarily adopt internet-based corporate financial reporting; 3) evaluate the effectiveness of voluntary internet financial reporting and disclosure to selected groups of users; and 4) explore the role of Investor Relations and auditors regarding internet financial reporting and their functions or procedures are affected. Innovation diffusion, institutional change, and economic-based theories were employed to explain the adoption of internet financial reporting in Egypt. To accomplish these objectives, a sequential explanatory triangulation design was employed, employing both quantitative and qualitative data collection and analysis. Quantitative methods were used to achieve the first and second objectives. A disclosure index was constructed to determine the level of voluntary internet financial reporting of the 100 most active listed Egyptian companies for the year ended 2004. Ten hypotheses were formulated to test the relationship between the level of voluntary financial internet disclosure and the company?s characteristics. It was found that 27 companies had no websites, the websites of 9 companies were under construction, 62 companies had websites and 35 companies disclosed their financial information on their websites. The average disclosure rates of financial information were 30% for the Egyptian companies which had websites and 44% for companies having websites and disclosing financial information. 100% of communication companies and 67% of financial services companies disclosed financial information on their websites and all communication companies had disclosure scores over 50%. The results of Univariate analysis revealed that firm size variables (total assets, total sales); leverage variables (Total Debt /Total Assets and Long term Debt/ Total Assets); foreign listing; industry type; and audit firm size are significantly associated with the extent of internet disclosure at least at the 5% level of significance. The results of multiple regressions indicated that profitability, foreign listing and industrial sector (communications and financial services) are important factors affecting the amount and presentation formatting of financial information disclosed on Egyptian companies? websites. Qualitative method was used to accomplish the second, third and fourth objectives. Seventeen interviews were conducted with stakeholders [Investor relations officers, financial analysts & fund managers, audit partners & key managers from Egyptian Stock Exchange]. A framework was developed which includes six main factors affecting companies? disclosure of financial information on the internet, which include companies? characteristics [Size, Foreign listing, Industrial sector (banking and communications sectors), Capital structure (Foreign investors, Governmental ownership, Number of shareholders)], management style, amount of paper-based disclosure, imitation, rules and regulations, and number of analysts covering the company. Investor relations officers should be responsible and decide upon the financial information to be published on companies? websites but this is not the case in Egypt. Auditors have no responsibility regarding internet financial reporting in Egypt. This study makes the following contribution to knowledge: - This study is the first which undertakes an empirical investigation regarding internet financial reporting and disclosure of Egyptian listed companies. - This is the first study to examine the effects of culture, organizational structure and demographic characteristics on the adoption of voluntary internet reporting and disclosure. - One of the significant features in this study is that it employed quantitative and qualitative methods to identify the factors which affect companies? adoption of voluntary internet financial reporting and disclosure in Egypt. - This study will contribute to the understanding of the concept, functions and activities of Investor Relations within companies and this might draw the attention to the importance of Investor Relations and help in the development of Investor Relations in Egypt. This is the first time that the role of Investor Relations has been investigated in Egypt, or indeed any Arab country. - The disclosure index used was modified to be suitable for companies working in the Egyptian environment context. This index could be used by other researchers to investigate internet financial reporting and disclosure for companies working in other Arab countries that are experiencing similar economic changes.
Author: Noor Afza Amran Publisher: UUM Press ISBN: 9670474566 Category : Business & Economics Languages : en Pages : 198
Book Description
Contemporary Issues in Financial Reporting, Auditing and Corporate Governance offers theoretical and empirical background on three fundamental areas of accounting, namely financial reporting, auditing and corporate governance. This book is written in a clear and reader-friendly manner to create readers’ interest in the central issues of discussion. The uniqueness of this book is in its extensive coverage of national and internationally-oriented issues of financial reporting, auditing and corporate governance. This book is ideal for accounting and business related courses at upper undergraduate and post-graduate levels. With its broad coverage, the book should also be of interest to academicians, professionals, corporate managers, regulatory bodies and researchers.
Author: Anuradha Tomar Publisher: Springer Nature ISBN: 9811623546 Category : Technology & Engineering Languages : en Pages : 651
Book Description
This book gathers selected papers presented at International Conference on Machine Learning, Advances in Computing, Renewable Energy and Communication (MARC 2020), held in Krishna Engineering College, Ghaziabad, India, during December 17–18, 2020. This book discusses key concepts, challenges, and potential solutions in connection with established and emerging topics in advanced computing, renewable energy, and network communications.
Author: Tariq Hassaneen Ismail
Author: Tariq Hassaneen Ismail
Author: Tariq Hassaneen Ismail
Author: Doaa Abd El Rehim Mohamed Aly
Author: Sanaa Mohamed Badran
Author: Nurul Ain Omar
Author: Yusasniza Mohd Yunus
Author: Noor Afza Amran
Author: Mostafa Mahmoud Kamel
Author: Anuradha Tomar
Author: Abdelmohsen Mohamed Desoky