OFFSHORE COMPANIES AUDIT PROCESS EFFECTIVENESS: EVIDENCE FROM LEBANESE AUDITING PROFESSION

Jalal Kibrit; Rasha Nouraldeen Assistant Prof.; Wagdi Hegazy Prof.

Article Details

OFFSHORE COMPANIES AUDIT PROCESS EFFECTIVENESS: EVIDENCE FROM LEBANESE AUDITING PROFESSION

Authors:

Jalal Kibrit | Rasha Nouraldeen Assistant Prof. | Wagdi Hegazy Prof.

Publisher:

Beirut Arab University Press

Journal:

BAU Journal - Society, Culture and Human Behavior Vol.4 Issue 2, pp.0-0

Document Type:

Article

Publication Date:

2/2023

Document Language:

English

Document ID (Org No.):

2001951108

pISSN:

2789-8296

Keywords:

Abstract:

 This research aims to examine whether audit planning, audit strategy, and audit documentation have a significant impact on the effectiveness of the audit process. It also aims to explore the impact of audit technology on the audit process for offshore companies in Lebanon. This study adds to and contributes to the literature that has examined the separate impacts of each of the above variables on the effectiveness of the audit process. The sample size of this study is 106 certified public accountants who are members of the Lebanese Association of Certified Public Accountants (LACPA). Empirical data was collected using a questionnaire form to test four generated hypotheses. Results show that for e-commerce companies, there is a positive and significant impact of audit planning and audit documentation, on the effectiveness of the audit process. In contrast, there is no significant positive impact of audit strategy on the effectiveness of the audit process. On the other hand, the outcome for offshore companies shows that there is no positive significant impact of audit planning on the effectiveness of the audit process, while there is a positive significant impact of audit strategy and audit documentation on the effectiveness of the audit process. Regarding the association between the adoption of audit technology tools and the effectiveness of the audit process, results show that offshore companies support this association. The researcher faced restrictions on the size of the sample used in this study. This limitation can affect the final results, as the smaller the sample size, the higher the marginal error.

Article Details

OFFSHORE COMPANIES AUDIT PROCESS EFFECTIVENESS: EVIDENCE FROM LEBANESE AUDITING PROFESSION

Authors:

Jalal Kibrit | Rasha Nouraldeen Assistant Prof. | Wagdi Hegazy Prof.

Publisher:

Beirut Arab University Press

Journal:

BAU Journal - Society, Culture and Human Behavior Vol.4 Issue 2, pp.0-0

Document Type:

Article

Publication Date:

2/2023

Document Language:

English

Document ID (Org No.):

2001951108

pISSN:

2789-8296

Audit planning

audit strategy

audit documentation

effectiveness of audit process

audit tools technology

offshore companies

Lebanon.

Issues

Article Details

Authors: Jalal Kibrit | Rasha Nouraldeen Assistant Prof. | Wagdi Hegazy Prof.

Publisher: Beirut Arab University Press

Journal: BAU Journal - Society, Culture and Human Behavior Vol.4 Issue 2, pp.0-0

Document Type: Article

Publication Date: 2/2023

Document Language: English

Document ID (Org No.): 2001951108

pISSN: 2789-8296

Issues

Authors:

Jalal Kibrit | Rasha Nouraldeen Assistant Prof. | Wagdi Hegazy Prof.

Publisher:

Beirut Arab University Press

Journal:

BAU Journal - Society, Culture and Human Behavior Vol.4 Issue 2, pp.0-0

Document Type:

Article

Publication Date:

2/2023

Document Language:

English

Document ID (Org No.):

2001951108

pISSN:

2789-8296