The role of contemporary trends of external audit in enhancing the application of corporate governance

Abstract

The study dealt with the role of contemporary trends of external audit in enhancing the application of corporate governance. The study problem addressed a number of questions, the most important of which are: Is there a statistically significant relationship between continuous, joint and peer review and corporate governance? The importance of the study stemmed from the contribution of external audit in confirming the confidence and credibility of business results for users of financial reports in decision-making and the contribution of external audit in applying corporate governance mechanisms and its impact on the success of corporate management.

The study followed the descriptive, inductive and analytical method, and the primary data were collected using a questionnaire designed for this purpose. The study found a number of results, the most important of which are: There is a positive relationship between the dimensions of contemporary trends of external auditing in enhancing the application of corporate governance. It also reached a number of recommendations, the most important of which are: the necessity of activating all governance mechanisms to ensure the transparency of audit work.