Auditors should determine inherent risk and control risk of financial statement material accounts during audit planning, and plan substantive procedures so as to decrease the detection risk to an appropriate level. Iran ...

on the Tehran Stock Exchange (including 52 family and 169 non-family firms) over a five-year span from 2011 to 2015.

Findings



Using multivariate regression analysis of panel data, our results indicate that audit risk in family firms...