Author(s): Al karabsheh, F. I.
This study aims to identify the role of the external auditor to detect financial (fraud-corruption) in the financial statements of service corporations listed on the ASE. It is also about recognizing the role of external auditors with the duties assigned to them when auditing financial statements and discovering fraud and corruption in those statements. The researcher chose a random sample of external auditors affiliated with the Jordan Association of certified public Accountants, who audited the financial statements of the public shareholding service corporations listed on the ASE. The study produced a set of important results and recommendations the most prominent of which indicates the existence of a statistically significant role for the external auditor in the discovery of cases of fraud and financial corruption. There is also indicates that there are statistically significant constraints facing the external auditor in his professional role due to the failure to detect cases of fraud and financial corruption. The researcher therefore recommended needing to focus on the controls of the formation of external auditors and their availability with the audit committees of service corporations listed on the ASE, in particular the availability of independence and financial and accounting expertise among its members.