The impact of business risk audit on the quality of IFRS application

Shatha, AL-Khayyat and Sharofiddin, Ashurov and Al-Shaghdari, Fahd Mohammed Obad (2023) The impact of business risk audit on the quality of IFRS application. International Journal of Academic Research in Business and Social Sciences, 13 (11). pp. 8081-8105. E-ISSN 2222-6990

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Abstract

This study aims to explore the impact of a business risk-based audit approach in quality application of International Financial Reporting Standards in Kurdistan International Islamic Bank for Investment and Development in Erbil, for the period (2005-2020). The quantitative approach was adopted where the financial statements were analysed using multiple regression models to test the relationship between operating risk, liquidity risk, credit risk, capital risk and financial reporting quality standards. The results show that there is a significant relationship between business risk and the quality of financial reports, which demonstrates the importance of effective audit in enhancing the accounting disclosure. While the liquidity risk relationship was marginal significance.

Item Type:	Article (Journal)
Uncontrolled Keywords:	Business Risk-Based Audit, Quality of Financial Reporting, Risk Management, Islamic Banks, IFRS.
Subjects:	H Social Sciences > HG Finance H Social Sciences > HG Finance > HG1501 Banking H Social Sciences > HG Finance > HG3368 Islamic Banking and Finance
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button):	Institute of Islamic Banking & Finance (IIiBF)
Depositing User:	Dr Sharofiddin Ashurov
Date Deposited:	18 Dec 2023 08:58
Last Modified:	18 Dec 2023 09:11
URI:	http://irep.iium.edu.my/id/eprint/108819

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