Subscribe to the gold package and get unlimited access to Shamra Academy
Register a new userThe Role of Governance Rules to Improve the Ability of the References to the Discovery of Fraud in the Financial Statements A Field Study of Companies Listed on the Syrian Securities Commission
دور قواعد الحوكمة في تحسين قدرة المراجع على اكتشاف الغش في القوائم المالية "دراسة ميدانية على الشركات المدرجة في هيئة الأوراق المالية السورية"
2510
1 84
0
(
0
)
Created by
Shamra Editor
Ask ChatGPT about the research
تهدف هذه الدراسة إلى التعرف على الدور الذي تقوم به قواعد حوكمة الشركات المساهمة السورية, في تقدير المراجع الخارجي لاحتمال الغش في القوائم المالية؟ وما هو نوع هذا الأثر؟ وأي القواعد أكثر تأثيراً؟ وفي سبيل ذلك فقد استعرض الباحث مفهوم حوكمة الشركات, ومفهوم الغش في القوائم المالية, ومسؤولية المراجع عن تقديره واكتشافه, ومن ثم العلاقة التي تربط بين قواعد حوكمة الشركات واكتشاف الغش, وقد عرض الباحث بعض الدراسات السابقة التي تناولت العلاقة بين حوكمة الشركات والغش في القوائم المالية, ولتحقيق هدف البحث المتمثل بمعرفة الدور الذي تلعبه حوكمة الشركات في تقدير المراجع الخارجي لاحتمال الغش في القوائم المالية, تم تصميم استمارة استبانة تشتمل عدة حالات تم توظيفها للتعامل مع كل فرضية من فرضيات البحث التي تم استخلاصها من خلال مراجعة الدراسات السابقة، وقد بلغت نسبة الاستبانات المجاب عليها 70.97% حيث أظهرت نتائج الدراسة وجود أثر إيجابي لحوكمة الشركات بشكل عام وأثار مختلفة لكل قاعدة من قواعد الحوكمة بشكل مستقل. واختتمت الدراسة ببعض التوصيات حيث أوصى الباحث بتفعيل الحوكمة في الشركات المساهمة السورية من خلال التزام جميع الشركات المدرجة في هيئة الأوراق والأسواق المالية, بتطبيق قواعد الحوكمة بشكل جيد لما لهذا التطبيق من أثار إيجابية على تحسين جودة القوائم المالية وبالتالي قدرة المراجع الخارجي على تقدير احتمال الغش.
This study aims to identify the role played by the rules of corporate governance contribute to the Syrian, in the estimation of the external auditor for the possibility of fraud in the financial statements, and what kind of impact this and any rules more effective. For that it has reviewed the researcher concept of corporate governance, and the concept of fraud in the financial statements, and the responsibility of references appreciation and discovery, according to some international standards and the U.S., has introduced a researcher some previous studies on the relationship between corporate governance and fraud in the financial statements , and to achieve the aim of the research objective knowledge of the role played by corporate governance in the estimation of the external auditor for the possibility of fraud in the financial statements , is designed to form questionnaire includes several cases have been employed to deal with all the hypothesis of the research hypotheses which have been drawn by reviewing previous studies, where the percentage of questionnaires, missed calls 70.97 % showed results study the existence of a positive impact of corporate governance in general and raised the base is different for each of the governance rules independently. The study concludes with some recommendations where the researcher recommended activating governance in companies contributing to Syria through the commitment of all companies listed on the stock and financial markets, the application of the rules of governance well to this application of a positive impact on improving the quality of financial statements, and thus the ability of the external auditor to assess the likelihood of fraud.
References used
Abbott, L. J., & Parker, S. (2000). The Effects of Audit Committee Activity and Independence on Corporate Fraud. Managerial Finance. Vol 26, No (11) pp. 55-67
American Institute of Certified Public Accountants, (2002),Statement on Auditing Standards No.99, "Consideration of Fraud in a Financial Audit", AICPA, New York
Beasley, M, S. (1996), An Empirical Analysis of the Relation between the Board of Director Composition and Financial Statement Fraud. The Accounting Review. Vol 71, no(4) pp 443-465
Carcello,J.v.,& Nagy, A.,( 2004). Client Size, auditor Specialization and Fraudulent Financial Reporting : Managerial Auditing Journal. Vol 19, NO (2) pp.651-668
COSC. (2006). COSO'S Internal Control over Financial Reporting Guidance for Smaller Public Companice Framework. The committee of Sponsoring Organizations of the Treadway Commission
rate research
Read More
This research mainly aims to study the relationship between the cash
management for future financial performance of a sample of
securities included in the Syrian Commission on Financial Markets
companies. With the assumption that there is an optim
al level of
cash (expected and necessary level of operations and investment),
and then it was determined that level and calculating deviations of
the actual level of cash for optimum value and the study of the
relationship between those distractions future financial performance.
Among the most important results that have been reached that the
research is to increase the actual level of cash will improve the
future profitability of the facility, showing that the monetary
deviations from the optimal level does not significantly affect the
.future financial performance.
This Research aims to study the role of voluntary disclosure in consolidating trust in financial reports. To achieve this goal, a questionnaire was used as a tool in gathering the necessary data. The questionnaire was distributed to the two samples o
f the study; 48 questionnaires were distributed to the external auditors accredited
by SCFMS, and 44 were distributed to the internal auditors in the listed companies of DSE. Of the returned questionnaires, there were (40, 36) returned from the first and second sample by turns. SPSS was used in analyzing the data and testing the hypothesis. The research found that the voluntary disclosures effectively consolidate the trust in the financial reports of the Listed Companies of DSE, and there were no
material differences between the opinions of the two samples.
This research aimed at studying the impact of firm characteristics on the level of
social responsibility disclosure by firms subject to the rules of The Syrian Commission on
Financial Markets and Securities. The research was applied on 38 companies
for which
data was available from 2007-2013.
To measure the level of firms’ social responsibility disclosure, the dependent
variable, an index was built based on the KLD index. Firm characteristics, the independent
variables, that were examined are: profitability, financial leverage, age, industrial sector,
size, managerial ownership, institutional ownership and foreign ownership. Data were
hand collected from the annual reports of the firms in question and analyzed following the
random effect model, of the panel data models. The results indicate that the size of the firm
and its profitability are positively linked to its social responsibility disclosure. No effect
however was detected for the age of the firm, the industrial sector, and the ownership
structure. The results also reveal that the Syrian crisis had a positive effect on the level of
social responsibility disclosure, as these firms increased disclosure of social responsibility
related to community service, particularly those related to the support of martyrs families
and war casualities.
This research aimed to identify the reality and obstacles of corporate social
responsibility disclosure in firms subject to the regulations of the Syrian Commission on
Financial Markets & Securities. To achieve the purpose of the study, data was co
llected for
29 firms registered in the Commission whereby the managers of these firms responded to
the questionnaire. Data was analyzed using percentages, frequencies, and Wilcoxon Signed
Ranks Test.
Results of the study showed that the Syrian firms include social responsibility issues
in their work strategies, and that the Syrian government worked on the issuance of many
laws that regulate and guide the work of firms in the field of social responsibility.
However, the results also revealed that the weakness in legislations related to the
disclosure of corporate social responsibility; the weakness in the firm’s culture towards the
concept of social responsibility; the costs arising from disclosure and related to the
collection and dissemination of information; and the negative impact of disclosure costs on
the profitability of the disclosing firm are all obstacles toward corporate social
responsibility disclosure.
The aim of this study is to explore the determinants of the capital structure in Joint
Stock Companies that subject to the supervision of Syrian Commission on Financial
Markets and Securities, focusing on the period (2007-2011). The research try to
explore
whether the decision of the firms concerning the financial leverage is in conformity with
the patterns proclaimed in previous studies. The study summarized the relation between the
accountancy indicators and financial structure of the Joint Stock Companies in Syria by
using multi-regression analysis. The study included the following independent variables:
size; age; profitability; volatility; liquidity; growth prospects; tangibility; ownership
structure; and taxes. On the other hand, the leverage ratio represented the variable related
to the company’s financial structure. The study concluded that the leverage ratio in the
Syrian companies is about (48%). In addition, the study concluded a statistically significant
positive relationship (at 5% significance level) between the financial structure of Syrian
companies and all of the company's size; profitability; and ownership structure. The study
also found that there is a significant negative relationship (at 5% significance level)
between the financial structure of Syrian companies and all of the company's volatility;
liquidity; and tangibility. Finally, no evidence has been provided by the study about the
relationship between financial structure and all of the company's life; the expected growth;
and the company's tax.
Log in to be able to interact and post comments
comments
Fetching comments
Sign in to be able to follow your search criteria
