An inter-industry determination of structural, operational and external agents affecting inherent risk among publicly listed corporations in the Philippines from 2006 to 2010

The Auditing Practices Board defines inherent risk as the susceptibility of an account balance or class of transactions to material misstatement . This is especially important in the rigorous process of auditing, where it plays an integral part in determining the extensiveness of substantive audit m...

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Main Authors: Cheng, Mark Jaychell U., Nuqui, Bonvin G., Ong, James L.
Format: text
Language:English
Published: Animo Repository 2011
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Online Access:https://animorepository.dlsu.edu.ph/etd_bachelors/11433
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Institution: De La Salle University
Language: English
id oai:animorepository.dlsu.edu.ph:etd_bachelors-12078
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spelling oai:animorepository.dlsu.edu.ph:etd_bachelors-120782022-03-10T06:19:00Z An inter-industry determination of structural, operational and external agents affecting inherent risk among publicly listed corporations in the Philippines from 2006 to 2010 Cheng, Mark Jaychell U. Nuqui, Bonvin G. Ong, James L. The Auditing Practices Board defines inherent risk as the susceptibility of an account balance or class of transactions to material misstatement . This is especially important in the rigorous process of auditing, where it plays an integral part in determining the extensiveness of substantive audit measures to be conducted by a firm's auditor. Using a panel data regression approach with secondary data gathered from financial statements of Philippine publicly listed companies, we investigate how structural, operational and external agents contribute to the overall levels of inherent risk. Results show that variables pertaining to extensive growth levels, as well as variables pertaining to financial stagnation, are excellent indicators for inherent risk levels. Furthermore, the Jones model for discretionary accruals has been found to have the best application to the Philippine setting given limited data. 2011-01-01T08:00:00Z text https://animorepository.dlsu.edu.ph/etd_bachelors/11433 Bachelor's Theses English Animo Repository Auditing--Philippines Financial institutions--Auditing Accounting
institution De La Salle University
building De La Salle University Library
continent Asia
country Philippines
Philippines
content_provider De La Salle University Library
collection DLSU Institutional Repository
language English
topic Auditing--Philippines
Financial institutions--Auditing
Accounting
spellingShingle Auditing--Philippines
Financial institutions--Auditing
Accounting
Cheng, Mark Jaychell U.
Nuqui, Bonvin G.
Ong, James L.
An inter-industry determination of structural, operational and external agents affecting inherent risk among publicly listed corporations in the Philippines from 2006 to 2010
description The Auditing Practices Board defines inherent risk as the susceptibility of an account balance or class of transactions to material misstatement . This is especially important in the rigorous process of auditing, where it plays an integral part in determining the extensiveness of substantive audit measures to be conducted by a firm's auditor. Using a panel data regression approach with secondary data gathered from financial statements of Philippine publicly listed companies, we investigate how structural, operational and external agents contribute to the overall levels of inherent risk. Results show that variables pertaining to extensive growth levels, as well as variables pertaining to financial stagnation, are excellent indicators for inherent risk levels. Furthermore, the Jones model for discretionary accruals has been found to have the best application to the Philippine setting given limited data.
format text
author Cheng, Mark Jaychell U.
Nuqui, Bonvin G.
Ong, James L.
author_facet Cheng, Mark Jaychell U.
Nuqui, Bonvin G.
Ong, James L.
author_sort Cheng, Mark Jaychell U.
title An inter-industry determination of structural, operational and external agents affecting inherent risk among publicly listed corporations in the Philippines from 2006 to 2010
title_short An inter-industry determination of structural, operational and external agents affecting inherent risk among publicly listed corporations in the Philippines from 2006 to 2010
title_full An inter-industry determination of structural, operational and external agents affecting inherent risk among publicly listed corporations in the Philippines from 2006 to 2010
title_fullStr An inter-industry determination of structural, operational and external agents affecting inherent risk among publicly listed corporations in the Philippines from 2006 to 2010
title_full_unstemmed An inter-industry determination of structural, operational and external agents affecting inherent risk among publicly listed corporations in the Philippines from 2006 to 2010
title_sort inter-industry determination of structural, operational and external agents affecting inherent risk among publicly listed corporations in the philippines from 2006 to 2010
publisher Animo Repository
publishDate 2011
url https://animorepository.dlsu.edu.ph/etd_bachelors/11433
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