To Study the Relationship Between Audit Firms, Fraud Prevention and Fraud Detection with Special Reference to Erbil Holding Companies
Waqar Ahmad, Kadhim Saeed Awla
Business and Management Department, Tishk International University, Kurdistan Region, Iraq
Correspondence: [email protected]
Received: 10, 4, 2024, Revised: 15, 6, 2024, Published: June 30, 2024
Abstract
Enterprises as well as organizations throughout the world face numerous economic issues, including errors in monetary transactions, scammers, and fraud, that can entail a direct negative influence on brand image and buyer trust for any firm or commercial field. Away beyond these, fraud risk could be extremely harmful for commerce because it can reduce commercial profit, buyer attractiveness, and ability to perform revenue, which can connect rivals and perhaps adjacent corporations. The aim of the study was to determine the relationship between audit firms, fraud prevention, and fraud detection in Erbil holding companies. This study will involve the design of a questionnaire, and quantitative approaches will be employed in the methodology of the research through primary data. The populations of the study cover the administrative staff, accounting staff, and auditing staff of Erbil holding companies. A total of 200 employees constitutes the population of the study in four selected companies, such as Darin Group, Falcon Group, EY Company, and Deloitte Company. The study achieves more than 104 samples of questionnaire for the entire population. The study uses the Statistical Package for Social Sciences (SPSS) to understand the correlation between variables through Pearson correlation. The result of the Pearson correlation indicates there is a significant relationship between audit firm attributes and fraud prevention because r = 0.611 and significant 0.000, which is less than value 0.01. Moreover, there is a significant relationship between audit firm attributes and fraud detection. because r = 0.696 and significant 0.000, which is less than value 0.01.
Keywords: Audit Firm, Audit Firm Characteristics, Fraud Control, Fraud Prevention, Fraud Detection, Erbil Holding Companies
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DOI: https://doi.org/10.23918/ejmss.V5i1p82
Citation
Ahmad, W., & Awla, K. S. (2024). To study the relationship between audit firms, fraud prevention, and fraud detection with special reference to Erbil holding companies. Eurasian Journal of Management & Social Sciences, 5(1), 82–101. https://doi.org/10.23918/ejmss.V5i1p82
© Ahmad, W., & Awla, K. S. (2024). Published by EJMSS. This article is published under the Attribution-NonCommercial 2.0 Generic (CC BY-NC 2.0) license. Anyone may copy and redistribute the material in any medium or format, subject to full attribution to the original publication and authors. The full terms of this license may be seen at https://creativecommons.org/licenses/by-nc/2.0/
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