AUDITORS’ PERCEPTION OF FRAUD PREVENTION MEASURES:
                EVIDENCE FROM TURKEY

                      Evren Dilek Sengur, Istanbul University, Turkey

ABSTRACT: The study has been carried out to identify auditors’ perception regarding fraud
prevention measures. In particular, the research focuses on the differences in perception of
the effectiveness of fraud prevention measures among three categories of fraud: fraudulent
financial statement, misappropriation of assets and corruption. In the analysis Friedman test
and Wilcoxon test were used to examine differences in perception of the effectiveness of fraud
prevention measures. The results of the analysis show that there are significant differences in
terms of auditors’ ranking of fraudulent financial statements, misappropriation of assets and
corruption for the following fraud prevention measures: establishing corporate code of
conducts, effective audit commitee, and external auditors. Additionally, respondents have
significant difference in their opinion regarding the effectiveness of developing an
appropriate oversight process in preventing fraudulent financial statement, misappropriation
of assets and corruption.
Keywords: Fraud prevention, fraud prevention measures, prevention of fraudulent financial
statements, prevention of misappropriation of assets, prevention of corruption.

JEL Code: M42