Journal of Business & Economic Policy

How External Auditors Detecting Financial Corruption and Fraud in Financial Statement “A Case Study of Jordanian Companies”
Dr. Mustafa A.A. AL-Qudah

Abstract
The study aimed to identify the Methods of the external auditors for detecting financial fraud in the financial statement for Jordanian public shareholding companies from the perspective of company’s managers, financial managers, external auditor and accountant, working in these companies. To achieve this goal questionnaire was distributed to a random sample of the study population consisting of company’s managers, financial managers, external auditor and accountant, working in these companies. The study finds that there is reasonable realization among the external auditors in Jordan about their responsibility for discovering financial corruption and fraud. The study showed that the obstacles affect the external auditor's ability to perform their professional responsibility, and it also find that external auditor's apply and follow the methods and procedures such as International Accounting Standard, Jordanian laws and regulations, to discover fraud and corruption cases.

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