Determining the Most Effective Factor (Including Confidence in One's Ability, Decision Aids Effectiveness, Firm Size, Professional Pressures) on the Extent Decision Aids are used in Management Fraud Risk Assessment

Auditors are always expected by the society to detect fraud in the financial statements. This was traditionally the first and foremost concern of auditing, but this was neglected over time. Due to scandals in recent years in the fields of auditing and accounting, and as a reaction to pressures from the society and the government, this concern has been revitalized and fraud risk assessment process has been improved. This has been achieved considerably by decision aids, which guide auditors in their enterprise.With a view to auditors’ reluctance in using these aids, this study aims to determine the most effective factor – including the firm size, confidence in one’s ability, decision aids effectiveness, professional pressures – on management fraud risk assessment in order to call for authorities’ attention towards it and further encourage them to enhance the effectiveness of decision aids on this process by considering other important factors. The population in this study consists of independent auditing practitioners in private auditing firms and institutions in the two provinces of Tehran and Isfahan, from which a random sample of individuals has been selected. The size of this sample, 100 people, was determined through Cochran model. In order to analyze the data collected from questionnaires, Pearson coefficient and regression were used.According to the results of this study, the given factors rise in importance respectively:Professional pressures, firm size, decision aids effectiveness, confidence in one’s ability.