Yousef Alwardat

• King Abdulaziz University

This research paper aims to examine the relevance of asymmetric information to the two main financial contracts used by Islamic banks or conventional banks with Islamic windows, mudaraba and musharaka. We use theoretical proofs to explain how asymmetric information affects mudaraba and musharaka contract in terms of bank cost and yield and how to a...

This study aims to examine if auditors of the Saudi Supreme Audit Institution (SSAI) have exerted influence on administrators in Saudi Public Institutions in order to improve the way they manage public resources. The study also examines the impact of the public administrators’ personal factors, i.e. the experience and qualifications of administrato...

This paper uses both role theory and audit expectations gap theory to critically evaluate the ability of Value for Money (VfM) audit procedures to improve performance in UK public sector organisations. Our paper reports on an empirical study of 17 auditors and 22 representatives of VfM client organisations. The results show that although the VfM au...

The purpose of this research article is to review the existing body of literature on the Value for Money (VfM) audit focusing primarily on the direct impact of the organisational reform on public sector auditing practice, the issue of accountability, and the factors affecting auditors and clients perceptions of VfM audit implementation. The study e...