The auditors’ duties against money laundering and economic corruption

Abstract

A transparent international organization that classifies the countries by virtue of special norms concerning combat against corruption and transparency of their economic-financial data believes that the auditors play a very important role as the financial supervisors because essentially financial corruption and money laundering influence financial statements and economic stability. Hence, this article examines corruption, money laundering and the auditors' role and duties to prevent them. In terms of the findings of this study, it is expected that auditors execute following items to combat corruption and money laundering: examining accurately sudden decrease of the received accounts through credits disappearance, receiving unreal accounts, examining unusual changes in usual accounts and transactional patterns, examining how to deliver the tenders, how to buy the goods and services and the payment of the amount from the company to persons or departments not in relation to the company activities, finding illegal payments, examining doubtful transactions, training practical special courses to combat economic corruption, examining employment relations of doubtful persons, etc. Therefore, as social responsibilities the auditors' duties to combat financial corruption and money laundering are very important.