Role of Risk-Based Auditing in Enhancing Accounting Information Reliability
DOI:
https://doi.org/10.62710/6ztzy741Keywords:
Risk-Based Auditing, Accounting Information Reliability, Financial Misstatement, Library Research, Audit EffectivenessAbstract
Accounting information serves as the cornerstone of financial decision-making for internal and external stakeholders. However, traditional auditing methods often struggle to mitigate complex financial misstatements and fraud in increasingly dynamic business environments. This study investigates the role of risk-based auditing (RBA) in enhancing the reliability of accounting information. Employing a qualitative research methodology grounded in literature review and library research, this study systematically analyzes contemporary academic journals, professional auditing standards, and relevant regulatory frameworks. The findings indicate that RBA significantly improves the reliability of accounting information by systematically identifying, assessing, and prioritizing high-risk financial areas prior to audit execution. By shifting focus from routine transactional testing to high-risk strategic and operational domains, RBA enhances audit efficiency, facilitates early fraud detection, and reduces the likelihood of material misstatements. Furthermore, the integration of risk assessment frameworks aligns accounting outputs with strict compliance standards, thereby strengthening stakeholder trust in published financial statements. Ultimately, this research underscores RBA as a vital strategic mechanism for optimizing audit effectiveness and maintaining the integrity of accounting systems.
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Copyright (c) 2026 Barnabas Tridig Silaban, Gratia Tehilla Yustus, Deka Veronica, Nana Adriana (Author)
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