The Impact of Judicial Audit to Reduce the Practices of Creative Accounting on the Financial Statements Jordanian Commercial Banks

Abstract

The aim of this research is to identify the impact of judicial audit to reduce the practices of creative accounting on the financial statement at Jordanian commercial banks. The research is considered field research in which the researcher followed the descriptive analytical method. The research community included all Jordanian commercial banks listed on the Amman Stock Exchange. As for the sample، it consisted of (75) respondents from financial advisors، members of audit committees، internal auditors and financial managers working in these banks. The research found that there is an effect of judicial scrutiny in limiting creative accounting practices in the financial statements issued by Jordanian commercial banks. And that the responses of the study sample were high، and it was found that the judicial audit contributes to making accounting information suitable for the various parties and limits creative accounting practices. The research recommended that Jordanian commercial banks should adhere to the requirements of exercising judicial auditing for their role in limiting creative accounting practices in their financial statements.