The effect of client acceptance decision and brainstorming on auditors{u2019} professional skepticism with respect to fraud : An empirical study in Egypt / Reham Ahmed Aly Ahmed Youssef ; Supervised Abdelaty Abdelmonsef Abdelsalam

Thesis (M.Sc.) - Cairo University - Faculty of Commerce - Department of Accounting

The purpose of the current research is to examine whether client acceptance factors and brainstorming affect the professional skepticism level displayed by the auditors during the fieldwork with respect to fraud risk in the Egyptian environment. The researcher measured the professional skepticism level through evaluating the auditors{u2019} judgments during fraud risk assessment and audit procedures selection process. In addition, the researcher focuses mainly on fraud since it requires from the auditors to exert more efforts in order to detect it rather than error. Moreover, the researcher took into consideration two factors: risk assessment and risk management factors to test their effect on the auditors{u2019} professional skepticism.After conducting a pilot study, the current research used a questionnaire as a method of collecting data followed by a 2{u00D7}1 between-subjects experimental study about a new hypothetical audit engagement. The design of the experimental study is consisted of two treatments (controlled by the partner{u2019}s preference to follow efficiency or effectiveness condition) at one level of fraud risk (high fraud risk).The participants were 376 professional external auditors from audit firms in Egypt with a response rate 97.92%. The hypotheses were tested through correlation coefficient (Spearman) and multiple regression analysis using SPSS 24

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