Data mining technique is a newly developed tool for statisticians, data analysts, and the management information systems community. It involves searching information through databases for correlations and other non-random patterns. In making business decisions, it is important to recognize patterns of data and relationships among variables in order to discover valuable information. The results ...

This article inspects the likely outcome of using fair value (FV) concept on audit firms’ anomalous fees. The research performs fixed effects regression to evaluate given hypotheses data gathered by hand from 105 Jordanian publicly traded enterprises between 2005 and 2018. study reveals that FV proxies have a favorable substantial effect atypical fees paid enterprises. findings are more evident...

Cloud computing has emerged as a new computing paradigm that offers great potential for storing data remotely. Presently, many organizations have reduced the burden of local data storage and maintenance by outsourcing data storage to the cloud. However, integrity and security of the outsourced data continues to be a matter of major concern for data owners due to the lack of control and physical...

In 2002, the European Commission recommended that member countries use formula apportionment procedures to tax multinational companies. This departure from the standard separate accounting (transfer pricing) approach is an attempt to reduce the costs and distortions associated with auditing transfer prices. Unfortunately, apportionment formulas create their own economic distortions and, contrar...

Research has been performed in areas of auditing, a.o. security auditing, compliance auditing, financial auditing. In order to increase the efficiency of and to allow for continuous auditing, auditing tasks must be automated, which is only possible if audit data are available digitally and suitable algorithms exist. Different areas of auditing follow different objectives, thus require different...

This article aims at making a bridge between the theory of optimal auditing and current procedures applied to audit files in different markets where scoring is the instrument used to implement an audit strategy. The literature has not yet developed an optimal audit policy for the scoring methodology. Our application is meant for the audit of insurance fraud but can be applied to many other acti...

Application of information technologies (IT) in the field of audit is worth studying. Continuous auditing (CA) is an active research domain in computer-assisted audit field. In this paper, the concept of continuous auditing is analyzed firstly. Then, based on analysis on research literatures of continuous auditing, technique realization methods are classified into embedded mode and separate mod...

Nowadays, Computer Aided Audit Tools (and Techniques’) support almost all audit processes concerning data extraction and analysis. These tools were firstly aimed to support financial auditing processes. However, their scope is beyond this, therefore, we present case studies and good practices in an academic context. Although in large auditing companies Audit Tools to do data extraction and anal...

The paper studies tax evasion in an evolutionary setting. In addition to standard variables such as the fine individuals may have pay if found guilty or probability of being audited, agents’ inclination engage also be affected by social interactions. Moreover, expected payoffs include reputational costs rewards awarded society after individual is audited. shows how (i) norms play a very importa...