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The Importance of External Audit in Detecting Abnormalities and Fraud in the Financial Statements of Public Enterprises in Kosovo

Author

Listed:
  • Ismajli Hysen
  • Perjuci Edona
  • Prenaj Vlora

    (University of Prishtina “Hasan Prishtina,” Kosova)

  • Braha Medina

    (International Business College Mitrovica (IBC-M), Kosova)

Abstract

This paper focuses on determinants and their impact on the audit of public enterprises in Kosovo. In addition, it analyzes the impact of audit quality on improving the transparency and accountability of those enterprises. The study also assesses factors that affect the effectiveness and ineffectiveness of information in the audit reports of the Kosovo National Audit Office. The data were obtained based on observations, documentation, questionnaires, and interviews. Respondents were internal auditors of public enterprises in Kosovo as well as external auditors of the Kosovo National Audit Office. This research was designed using primary and secondary sources of data and was carried out in accordance with statistical analysis methods using the average algebraic size method and absolute variation indicators.

Suggested Citation

  • Ismajli Hysen & Perjuci Edona & Prenaj Vlora & Braha Medina, 2019. "The Importance of External Audit in Detecting Abnormalities and Fraud in the Financial Statements of Public Enterprises in Kosovo," Ekonomika (Economics), Sciendo, vol. 98(1), pages 124-134, June.
    • Handle: RePEc:vrs:ekonom:v:98:y:2019:i:1:p:124-134:n:8
    DOI: 10.15388/ekon.2019.1.8
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    References listed on IDEAS

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