The objective of this paper is to analyze the development an effective internal Shariah audit framework for Islamic banks in Bahrain using agency theory. questionnaire method and theory were used examine independence effectiveness audits. insights from study are gained through theory, which has a direct relationship with degrees effectiveness. findings indicate that well-founded could potential...

The rising trend of Non-Performing Loans (NPLs) in the banking sector Bangladesh epitomises a common phenomena loan default that mostly arises from unwillingness to repay tendency borrowers who usually fit into defined higher class society. An appropriate governance and control framework can effectively this growing NPLs, supplemented by culture. In view setting, paper looks for impact audit co...

Traditionally, when companies needed assistance regarding internal controls, they turned to an external auditor (EA). However, now, due ongoing tightening of legal requirements and practices the independence EAs, this has been restricted. As alternative, are increasingly requesting audits deliver support. Even though audit function (IAF) important player in control, however, there is little aca...

This study assesses factors influencing Internal Audit Quality (IAQ) in Greece. Hand-collected data were obtained from 2013 and 2014 annual financial reports from companies such as food industries, beverage –and their subcategoriesindustries as well as fishing and distillation, listed in Athens Stock Exchange (ASE). Previous literature was chosen in order to highlight significant independent va...

This paper illustrates two formulas for assessing independence risk based on the Bayesian and belief-functions frameworks. These formulas can be used to assess the role of threats to auditor independence as well as the role of threat-mitigating safeguards. Also, these formulas provide a basis for evaluation of an audit firm’s independence risk and a framework to educate stakeholders about the t...