Tag Archives: Audit

External Audit and Quality of Accounting and Financial Information in Cameroonian Companies (Published)

In the present economic and financial context of internalisation of commercial transactions and investments, benchmarks in the quality of financial and accounting information within a company are sought by the various stakeholders with quality and reliable financial information being the main factors of concern. Given its geographical setting and the fact that most Cameroonian companies are not listed, this study adopts a new approach to investigate the contribution of external audit in improving the quality of accounting and financial information produced by unlisted companies like Cameroon. To achieve, data were gathered through a survey on a sample of 52 employees of companies in Cameroon. Linear regression and the one factor ANOVA analysis were used to test the research hypotheses. The results indicate that the auditor’s field of specialisation did not reduce manipulation of accounting and financial information, but that the auditor’s mandate duration and the auditor’s reputation have a significant influence on the quality of accounting and financial information.

Keywords: Audit, Cameroon, External, Financial, Quality, statement

Communication Audit of Cable News Network (Cnn) Online Reports on Boko Haram Insurgency in Nigeria (2012-2016) (Published)

Previous studies on conflict reportage in Nigeria had accused Western media of inclinations for feeding the people with inaccurate and contradictory reports. This study was predicated on the need to investigate the patterns and trends of the Cable News Network (CNN’s) online reports on Boko Haram insurgency in Nigeria over a period of five years, 2012-2016. The study adopted the content analysis method of research and conducted a census of 58 online reports on Boko Haram insurgency in Nigeria as obtained from Cable News Network website (http://edition.cnn.com/text=boko+haram). While direction of reports, sources of report, prominence, balance and report genre provided content categories for the study, the Cronbach Alpha test was adopted for inter-coder reliability. The study found high prominence on CNN’s online reports of Boko Haram insurgency in Nigeria. There was high level imbalance in CNN’s online reports on Boko Haram insurgency in Nigeria. The study found low level of objectivity in CNN’s online reports on Boko Haram insurgency in Nigeria. It was also established that CNN made use of only one source of information in her reports on Boko Haram insurgency in Nigeria. The study found out that the straight news genre dominated CNN’s online reports on Boko Haram insurgency in Nigeria. Finally, the study showed that CNN’s online reports on Boko Haram insurgency in Nigeria did conform to the allegation of information distortion leveled against Western Media. The researchers then recommended diversification of information sources, combination of report genres and fortification of conflict reporters as measures that would enhance accuracy, objectivity and fairness in conflict reportage.

Keywords: Audit, Boko Haram, Cable News Network, Insurgency, Nigeria, Online Reports, communication

Analytical Measures of Evaluating Auditors Quality Performance (Published)

This paper analyzes analytical procedures in auditing, including theoretical and practical aspects, as well as analytical procedures of income and expenses. The aim of this paper has been to determine the essence and the purpose of analytical procedures in auditing. The paper states that analytical procedures in auditing enable the auditor to understand specific features of activity of a business entity – the audit client, areas of potential risk, audit risk and materiality level; to detect the presence of distortions in financial reporting; to analyze the client’s financial condition; to estimate the probability of its continuous activities; to identify the need for additional audit procedures; and to develop recommendations on how to improve the client’s financial condition, which is important in contemporary circumstances of the development of the Iraqi economy. The paper also provides the conclusion that solving the problem of efficiency of analytical procedures can be enhanced by using modern information technologies and systems.

Keywords: Analytical Procedures, Audit, Audit Evidences, Audit of Revenue, Expenditure