The AACI in the Middle East and Africa

The AACI participated in an international conference in the Middle East. This is a partial coverage of the event.

Frequently Asked Questions (FAQ)

As the AACI receives queries from interested parties, the AACI addressed these queries in a FAQ format. Queries relate to membership and certification, membership eligibility requirements, and other relevant matters.

You will find all these queries along with the AACI feedback at http://theaaci.blogspot.com/p/faq.html

If you have any question, you may email us at info@theaaci.com

The Auditor's Responsibility Relating to Fraud in an Audit of Financial Statements: Fraud “Audit Expectation Gap” in the Middle Eastern Countries 

The following white paper was presented at the first international auditing and accounting conference in Ramallah, Palestine on November 7, 2012

Prepared by: Mohammed J. Masoud, CPA, CFE, CICA, MBA 
                     The AACI, Technical Advisory Director; Middle East and Africa
                                                                      

 Abstract

This paper presents the results of reviewing the existence of the fraud “audit expectation gap” in the Middle Eastern countries. The purpose of this research is to review the literature written about the audit expectation gap as it relates to fraud to find out whether the results of prior research can be applied to the Middle East where this phenomenon has not sufficiently been examined despite its crucial impacts on the audit profession. Despite the scarcity of research about this phenomenon in the Middle East, we found that the fraud “audit expectation gap” exits in the Middle Eastern countries. 


Click here to reach and read the white paper

The Weakest Link in Fighting Corruption

Because tone will always be at the top, the AACI believes that decision makers should always have anti- fraud intelligence.  The AACI believes that management is the weakest cycle that usually jeopardizes any anti -corruption effort in any entity. Despite the fact that there is too much literature written about the role of management in fighting fraud and corruption, no one organization or school provides specific disciplined education and approaches to fight fraud and corruption that engages middle and upper management in the anti-corruption process.