Accounting information system (AIS) is critical for managing financial data as well as assets
of a bank. However, just as any IT system, AIS faces risks of an information breach, data
manipulation, fraudulent entries, system hacks or a takeover aside from common issues
like server downtime for cloud-based systems. This study aims at determining the internal
auditing procedures effectiveness in using accounting information system to assess fraud
in Jordanian commercial banks and the role of management in achieving it. This study
utilizes descriptive approach. A questionnaire with 48 items was used was used and
distributed to 300 internal auditors in 16 commercial banks in Jordan. Out of the 200
retrieved questionnaires only 155 analyzed by using spss .. The results show that the
commercial banks' internal auditing procedures is efficient in reducing electronic fraud or
assess it before happened.
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To cite this article: Bani Ahmad, A.A. (2018). The Internal Auditing Procedures Effectiveness in Using Accounting
Information System to Assess Fraud in Jordanian Commercial Banks, International Journal of Academic Research in
Accounting, Finance and Management Sciences 8 (3): 291-298.
Copyright: © 2018 The Author(s)
Published by Human Resource Management Academic Research Society (www.hrmars.com)
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