The recognition of the Digital Assets and its Impact on The External Auditing Fees in Syrian Environment /Field Study/.

Abstract

  The research aimed to clarify the impact of the digital asset on external audit fees.. To achieve the objective of this research, a field study was conducted by using a questionnaire to collect data from the population of the study which is composed of auditors accredited by the Finance Ministry, and authorized to audit shareholding companies. The questionnaire was distributed to 466 auditor. 234 copies were returned, and 211 of them were suitable for analysis.

  The study concluded that there is a major deficiency in the current framework for the recognition of digital assets in light of the requirements of international financial reporting standards. It also found that there is an impact of the recognition of digital assets in increasing audit risks and audit complexity, and thus in fees Auditing.