Open AccessExamining Factors Influencing Audit Risk for Professional Accountant in Business
Author(s) -
Cheng-Wen Lee,
Yi Hu
Publication year - 2021
Publication title -
advances in management and applied economics
Language(s) - English
Resource type - Journals
ISSN - 1792-7544
DOI - 10.47260/amae/1112
Subject(s) - audit , accounting , audit risk , business , analytic hierarchy process , control (management) , control environment , internal audit , joint audit , management , engineering , economics , operations research
This study attempts to examine the determinant factors influencing the degree ofaudit risk, specially focusing on the professional accountant in business operations.We adopt the methodology of comprehensive AHP framework combined withDEMATE analysis. Herewith, this study categorizes five main criteria: controlenvironment, risk assessment, audit control, monitoring activities, and informationand communication, as well as fifteen sub-criteria. This study result findings mayprovide some important implications or recommendations for accountant’s practice,and meanwhile may contribute suggestions for future researchers’ making abreakthrough in theory.JEL classification numbers: C52 M41 M42.Keywords: Audit risk, Accountant, AHP, DEMATE.