Legal Aspect of the Auditing Profession: From the Antiquity to the Financial Security
| dc.contributor.author | Jamel Azibi | |
| dc.date.accessioned | 2025-06-15T07:30:01Z | |
| dc.date.issued | 2016-12 | |
| dc.description.abstract | The analyses of the audit market demonstrate that the audit quality is associated positively to the Big Four auditor. DeAngelo (1981) define this notion as “the probability that the auditor will both detect and report a breach in the contract to provide fair accounting information”. This is due to their competence and their independence (DeAngelo, 1981). Other researches demonstrate that the audit quality is related to the office size (Becker et al. 1998). But the scandal series of 2001 to 2003 demonstrate the implication of the Big networks in the most popular scandals series. According to the SEC, the Enron scandal has generated losses more than 300 million dollars. Since the Enron failure, the stakeholders are increasingly interested to the financial transparency. An important number of studies in relationship with corporate governance were appeared after this date. The role of the Arthur Andersen in Enron failure was determinant. For this reason, the new law focus on the corporate governance mechanisms. The financial auditing is one of these mechanisms. To restore the financial market confidence, the security law act developed new rules in accordance with the main principal objective of the audit. In sum, these new rules seek to define new audit procedures and search to guarantee the independence of auditors. | |
| dc.identifier.uri | https://research.arabeast.edu.sa/handle/123456789/53 | |
| dc.language.iso | en | |
| dc.publisher | The international journal of business & management | |
| dc.title | Legal Aspect of the Auditing Profession: From the Antiquity to the Financial Security | |
| dc.type | Article |