Auditing practices in banks: an empirical study of Jordan
by Borhan Omar Al-Dalaien; Ala Hussein Al-Bawwat; Zeyad Almatarneh; Mo'taz Kamel Al Zobi; Mazen Alomari; Basman Omar Al-Dalayeen
International Journal of Procurement Management (IJPM), Vol. 17, No. 3, 2023

Abstract: This paper proposes a framework to analyse effectiveness, uniformity, relationship and responsibility in the banking sector using Jordan as an example. The perceptions of Jordanian banks' internal and external auditor's in addition to financial managers have been investigated. In general, it was found that the respondents believe that audit quality in the Jordanian banking sector ranges from satisfactory to very good. The results indicate a positive and significant correlation between audit quality and effectiveness and relationship. The data was collected from 100 auditors. This approach provides a more comprehensive framework to examine the banking sector. With an audit function, businesses must be operating in accordance with the pre-determined policies, enacted regulations, and rules. Internal auditing is closely tied to the internal control of bank operations and helps to ensure against deliberate losses and ems.As far as contribution is concerned, this study is regarded to be innovative and is one of the first to explore auditing at Jordanian banks.

Online publication date: Thu, 01-Jun-2023

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

 
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Procurement Management (IJPM):
Login with your Inderscience username and password:

Username:        Password:          Forgotten your password?

Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email subs@inderscience.com