Open AccessThe impact of the quality of audit firms peer-review on tax evasion
Author(s) -
Hazem Mohammad Taha
Publication year - 2017
Publication title -
international journal of accounting and economics studies
Language(s) - English
Resource type - Journals
ISSN - 2309-4508
DOI - 10.14419/ijaes.v6i1.8545
Subject(s) - audit , business , accounting , quality audit , revenue , evasion (ethics) , tax revenue , joint audit , performance audit , finance , internal audit , public economics , economics , immune system , immunology , biology
This study examines the quality of audit firms peer-review impact on the audit activity on firms to disclose fair financial reports which will influences tax revenue of the countries and to reduce the Tax evasion. Audit Firms peer-review play a significant role in the countries tax evasion. The Audit Firms peer-review ensure that different investors and business in nations are confident and knowledgeable when making business decisions. The AICPA Peer Review is committed to improving the quality of auditing and accounting services. The program is a universal assessment whose value in serving the interest public and companies lies in its remedial and educational nature. Audit Firms peer-review has an impact on the collection of revenue considering the tests, there is an importance in the association between tax collected after auditing and before auditing. This demonstrates that there is increase in revenue collection after quality audit.