List of Articles ریسک تجاری صاحبکار

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  1 - Modeling of Audit Production Efficiency based on the Business Risk Audit Approach
  Shoeyb Rostami OstadKelayeh MohammadAli Aghaei Kumars Biglar
  10.30495/faar.2022.697086
  AbstractBased on the business risk audit (BRA) approach, auditors should define and perceive strategic management control techniques and operating processes to evaluate a business. They should also select risk control processes in vital operating processes to estimate t More

  AbstractBased on the business risk audit (BRA) approach, auditors should define and perceive strategic management control techniques and operating processes to evaluate a business. They should also select risk control processes in vital operating processes to estimate the type and magnitude of residual business risks that might affect the accuracy and fairness of financial statements. In the present study, using a qualitative approach with the help of Grounded theory and in-depth interviews with 31 auditing experts in 2021 with the titles of partner, members of the audit organization and members of IACPA specialized working groups, to understand their mental meanings and BRA approach to conduct the audit was interviewed. In addition, textual data from notes and articles in international professional journals on BRA were used, which mainly provided the views of various experts. The research data were analyzed using open coding method in Grounded theory and major categories, categories, and subcategories (concepts) were extracted. Using a systemic approach that includes inputs, processes, outputs, outcomes and contextual factors, the model of audit production efficiency was designed based on the business risk audit and the categories that emerged were presented. Considering the limited scope of previous research on BRA and especially the lack of comprehensive research in Iran, the designed model, which is multifaceted and the result of the views of various auditing experts, provides a broad and comprehensive view of audit production efficiency based on the business risk audit that can be used in audit quality improvement programs, evaluating independent audit and other macro strategies for the development of audit methodology in Iran.Given the flaws and shortcomings of Iran’s current auditing framework, integrating the BRA approach into the current framework will be promising. At the same time, this approach can prevent over-auditing due to its proved inherent value. It can also be considered a naturally correct method of auditing. Manuscript profile