%0 Journal Article
%T The Role of Joint Review in Reducing Negative Profit Management Practices in Joint Stock Companies, Egypt
%A Amany Ahmed Wahba
%J Journal of Organizational Behavior Research
%@ 2528-9705
%D 2021
%V 6
%N 2
%R 10.51847/YzXEedfdeE
%P 1-17
%X The review profession has recently faced a number of challenges, especially after the financial meltdowns experienced by many giants such as Enron. This was followed by the fall of one of the five largest audit offices, Arthur Anderson, for alleged involvement in the company's financial manipulations due to negative profit management practices, which raised many questions about the auditor's independence, the quality of audit performance and the underperformance of its programmers. This prompted scientific and professional organizations to look for methods and mechanisms through which such practices could be restricted, and the joint review is one of the mechanisms proposed by the European Commission in its 2010 Green Paper report, "Review Policy: Lessons from Crises", with the aim of improving the quality of the audit and supporting the independence of auditors. The joint review is based on the review of two or more independent audit offices reviewing the audit client's financial statements, preparing a single audit report and are jointly responsible for the information contained in the audit report and for undetected material errors. The goal of the research was to measure the impact of the application of the joint review on profit management by application to a sample of companies listed on the Egyptian stock market during the period (2016-2017), using discretionary entitlements as an indicator reflecting the negative profit management practices in the companies in question.
%U https://odad.org/article/the-role-of-joint-review-in-reducing-negative-profit-management-practices-in-joint-stock-companies-mkkd39ibe24opzs