Abstract
The aim of this research is to assess the relationship between the presumed AI influencing factors and AI from the standpoint of auditors in Bahrain. Researchers have continuously identified and assessed several factors that are expected to safeguard AI and objectivity to mitigate the potential threats faced by the audit profession worldwide. As a result of the promising Bahrain Economic Vision 2030 that emphasizes on ‘fairness’ as a one of major principle, the regulators in Bahrain are expected to adopt new measures that enhance the role of auditors in maintaining fairness and transparency. This research hence investigated the subject matter in a way that intended to assess the AI influencing factors in a Bahraini context. The research is quantitative in nature, whereby questionnaires were distributed to a range of auditors representing the audit firms in the Kingdom of Bahrain. Following reliability and validity tests, the responses were analyzed descriptively, along with empirical analysis through using the Multiple Regression Model. The findings signified the substantial role of the audit regulations and related provisions in enhancing AI and impartiality, when compared to other presumed factors. The research recommendations focused on the importance of overseeing the audit firms and accounting professionals through the formation of an independent audit quality board as well as considering the adoption of a joint-audit practice for the listed companies
Subject
General Business, Management and Accounting
Reference40 articles.
1. Abu-Tapanjeh, A.M. (2009). Corporate governance from the Islamic perspective: a comparative analysis with OECD principles. Critical Perspectives on Accounting, 20, pp. 556-67.
2. Ahmed, M. (2012). Auditor Independence in Malaysia: The Perceptions of Loan Officers and Professional Investors. Cardiff University.
3. Al-Ajmi, J. & Saudagaran, S. (2011). Perceptions of auditors and financial-statement users regarding AIin Bahrain. Managerial Auditing Journal, 26 (2), pp. 130-160.
4. Ali, A.A.R. (2014). Corporate Governance: The Role and Effectiveness of the Audit Committee in Bahrain. International Journal of Business and Management, 9 (3), pp. 131-137.
5. Arens, A. A., Elder, R. J., Beasley, M. S., Hegazy, M. (2013). Auditing and Assurance Services: An Integrated Approach (Arab World Edition). Prentice Hall.
Cited by
6 articles.
订阅此论文施引文献
订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献