Investment House Strategy and Controllership establishes the need for accounting auditing standards for Islamic banks and other institutions. After a review of the development of such standards in the West, it is concluded that a similar, but accelerated, process of discourse needs to be undertaken in Islamic countries. The research underlying this book represents an initiation of this process through an interaction between a senior practitioner of an accounting firm and academics. A series of Shariah violations were identified and then used as the basis of three-level discourse with the practitioner and religious experts. The book concludes with an examination of the implications for Shariah boards / internal auditors, external auditors and their liabilities and degree of independence and the development of Islamic accounting and auditing standards.
- ISBN10 1856283879
- ISBN13 9781856283878
- Publish Date 19 May 1994
- Publish Status Out of Print
- Out of Print 10 May 2000
- Publish Country GB
- Publisher Taylor & Francis Ltd
- Imprint Avebury
- Format Hardcover
- Pages 263
- Language English