Internationale Zeitschrift für Unternehmertum

1939-4675

Abstrakt

The Effect of Family-Owned Enterprises on the Quality of Auditing Systems

Badi Alrawashdeh

Auditing quality affects the financial position of the corporate in the short and long run. The objective of this research is to investigate the effect of corporate ownership and the auditing experience on the quality of auditing. The questionnaire was used to collect data. The questionnaire is composed of three parts. The first part concerned with demographic characteristics of the auditors, while the second part concerned with the collection of data about the type of corporate ownership and its effect on auditing quality, and the last part concerned with the collection of data about the auditors' experience and its effect on auditing quality. A simple random sample was selected included 400 auditors. The collected data was entered into SPSS and analyzed using descriptive and inferential statistics. The results showed that auditing quality is highly affected by the type of corporate ownership. Also, the results showed that the experience of the auditor will determine the price and the type of corporate ownership that they may work with. The study recommended that the auditing work should be controlled through a third governing agent with authority to revise the financial statements of the corporates.

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