IDEAS home Printed from https://ideas.repec.org/a/das/njaigs/v6y2024i1p26-38id220.html
   My bibliography  Save this article

Auditing Accounting Practices: A Critical Review of Current Practices and Emerging Issues

Author

Listed:
  • Elisha Adeboye

Abstract

Accounting and auditing are two distinct yet interdependent fields. Accounting and auditing complement each other in terms of the way audit legitimizes accounting while accounting also makes firms auditable. Organization effective financial management relies on the relationship between accounting and auditing, two vital disciplines that collaborate to ensure the integrity, reliability and compliance of an organizations financial operations. The study examined auditing accounting practices: a critical review of current practices and emerging issues. The review summarizes the current practices and emerging issues in the field of audit and accounting profession and also provides ways these issues can be overcome.

Suggested Citation

  • Elisha Adeboye, 2024. "Auditing Accounting Practices: A Critical Review of Current Practices and Emerging Issues," Journal of Artificial Intelligence General science (JAIGS) ISSN:3006-4023, Open Knowledge, vol. 6(1), pages 26-38.
    • Handle: RePEc:das:njaigs:v:6:y:2024:i:1:p:26-38:id:220
    as

    Download full text from publisher

    File URL: https://newjaigs.com/index.php/JAIGS/article/view/220
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Kees Camfferman & Stephen A. Zeff, 2018. "The Challenge of Setting Standards for a Worldwide Constituency: Research Implications from the IASB’s Early History," European Accounting Review, Taylor & Francis Journals, vol. 27(2), pages 289-312, March.
    2. Slobodan Kacanski, 2016. "ICT in Auditing: Impact of Audit Quality Norms on Interpersonal Interactions," European Financial and Accounting Journal, Prague University of Economics and Business, vol. 2016(4), pages 39-64.
    3. Ciprian-Costel, MUNTEANU, 2014. "Arguments On Using Computer-Assisted Audit Techniques (Caat) And Business Intelligence To Improve The Work Of The Financial Auditor," Management Strategies Journal, Constantin Brancoveanu University, vol. 26(4), pages 212-220.
    4. Power, Michael, 1999. "The Audit Society: Rituals of Verification," OUP Catalogue, Oxford University Press, number 9780198296034, Decembrie.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Guénin-Paracini, Henri & Malsch, Bertrand & Paillé, Anne Marché, 2014. "Fear and risk in the audit process," Accounting, Organizations and Society, Elsevier, vol. 39(4), pages 264-288.
    2. Laaksonen, Jenni, 2022. "Translation, hegemony and accounting: A critical research framework with an illustration from the IFRS context," CRITICAL PERSPECTIVES ON ACCOUNTING, Elsevier, vol. 89(C).
    3. Loke-Min Foo & Darinka Asenova & Stephen Bailey & John Hood, 2011. "Stakeholder Engagement and Compliance Culture," Public Management Review, Taylor & Francis Journals, vol. 13(5), pages 707-729, June.
    4. Mennicken, Andrea, 2006. "Translation and standardisation: audit world building in Post-Soviet Russia," LSE Research Online Documents on Economics 3033, London School of Economics and Political Science, LSE Library.
    5. repec:dau:papers:123456789/3505 is not listed on IDEAS
    6. Nolas, Sevasti-Melissa, 2011. "Reflections on the enactment of children's participation rights through research: Between transactional and relational spaces," Children and Youth Services Review, Elsevier, vol. 33(7), pages 1196-1202, July.
    7. Mathias Ericson, 2018. "“Sweden Has Been Naïve”: Nationalism, Protectionism and Securitisation in Response to the Refugee Crisis of 2015," Social Inclusion, Cogitatio Press, vol. 6(4), pages 95-102.
    8. Jennifer Jo Thompson & A. June Brawner & Usha Kaila, 2017. "“You can’t manage with your heart”: risk and responsibility in farm to school food safety," Agriculture and Human Values, Springer;The Agriculture, Food, & Human Values Society (AFHVS), vol. 34(3), pages 683-699, September.
    9. Marta Solórzano-García & Julio Navío-Marco & Luis Manuel Ruiz-Gómez, 2019. "Ambiguity in the Attribution of Social Impact: A Study of the Difficulties of Calculating Filter Coefficients in the SROI Method," Sustainability, MDPI, vol. 11(2), pages 1-19, January.
    10. Tom Willems & Wouter Van Dooren, 2012. "Coming to Terms with Accountability," Public Management Review, Taylor & Francis Journals, vol. 14(7), pages 1011-1036, January.
    11. Steve Lin & Grace Pownall & Assma Sawani & Changjiang Wang, 2025. "The effect of the FASB-IASB convergence project on the rules- and principles-based nature of US GAAP and IFRS," Review of Accounting Studies, Springer, vol. 30(2), pages 1500-1542, June.
    12. Rob Imrie & Emma Street, 2009. "Risk, Regulation and the Practices of Architects," Urban Studies, Urban Studies Journal Limited, vol. 46(12), pages 2555-2576, November.
    13. Franck Aggeri & Morgane Le Breton, 2016. "The regulation of transparency in the field of CSR," Post-Print halshs-01368029, HAL.
    14. Hottegindre, Géraldine & Loison, Marie-Claire & Belze, Loïc, 2024. "Dynamics of influence within the audit regulatory space: Role-playing and the rise of cynicism," CRITICAL PERSPECTIVES ON ACCOUNTING, Elsevier, vol. 100(C).
    15. Wæraas, Arild, 2015. "Putting on the velvet glove: The paradox of "soft" core values in "hard" organizations," Working Paper Series 09-2015, Norwegian University of Life Sciences, School of Economics and Business.
    16. Ruhnke, Klaus, 2023. "Empirical research frameworks in a changing world: The case of audit data analytics," Journal of International Accounting, Auditing and Taxation, Elsevier, vol. 51(C).
    17. Paola Ramassa & Alberto Quagli, 2024. "Interpreting IFRS: The Evolving Role of Agenda Decisions," Abacus, Accounting Foundation, University of Sydney, vol. 60(2), pages 205-235, June.
    18. Pentland, Brian T., 2000. "Will auditors take over the world? Program, technique and the verification of everything," Accounting, Organizations and Society, Elsevier, vol. 25(3), pages 307-312, April.
    19. Mennicken, Andrea, 2008. "Connecting worlds: the translation of international auditing standards into post-Soviet audit practice," LSE Research Online Documents on Economics 27070, London School of Economics and Political Science, LSE Library.
    20. Mathias Ericson, 2018. "“Sweden Has Been Naïve”: Nationalism, Protectionism and Securitisation in Response to the Refugee Crisis of 2015," Social Inclusion, Cogitatio Press, vol. 6(4), pages 95-102.
    21. Koreff, Jared & Weisner, Martin & Sutton, Steve G., 2021. "Data analytics (ab) use in healthcare fraud audits," International Journal of Accounting Information Systems, Elsevier, vol. 42(C).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:das:njaigs:v:6:y:2024:i:1:p:26-38:id:220. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Open Knowledge (email available below). General contact details of provider: https://newjaigs.com/index.php/JAIGS/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.