Audit quality of financial statements

In current conditions of entrepreneurship development, the role of audit committees in verifying companies’ financial and economic activities is increasing, which can be more efficient by using supply chain strategy in organization. The authors aim to attract the attention of external auditors to the work performed by the company’s inspectors as third parties.

7p longtimenosee10 26-04-2024 2 1   Download

The purpose of this article is to study the factors affecting the quality of audit services of financial statements of enterprises listed on the Vietnamese stock market by independent auditing firms. The study was carried out with an audit of the financial statements of 825 enterprises listed on the Vietnamese stock market. The research results show that a number of factors have a significant influence on the quality of the audit of financial statements, such as the size and reputation of the audit firm, the tenure of the audit firm, and the auditor independence.

7p longtimenosee09 08-04-2024 4 1   Download

This paper aims to analyze the influence of the financial reporting framework based on supply chain management on the process of forming the auditor's report. The process of developing financial statements is proceeding along the path of maximum informatization of these statements. Current users requirements are not always met by existing accounting and reporting standards. The capabilities inherent in the fair presentation framework push the boundaries of any standards, allowing the preparer to fill the financial statements with relevant information.

6p longtimenosee06 27-03-2024 4 2   Download

Part 1 of ebook "Wiley the complete guide to auditing standards and other professional standards for accountants 2008" provides readers with contents including: auditing standards of the PCAOB; auditing; reporting on whether a previously reported material weakness continues to exist; responsibilities and functions of the independent auditor; the relationship of generally accepted auditing standards to quality control standards;...

361p tuongnhuoclan 27-11-2023 4 3   Download

Continued part 1, part 2 of ebook "Wiley the complete guide to auditing standards and other professional standards for accountants 2008" provides readers with contents including: attestation; accounting and review services; consulting services; quality control; tax services; personal financial planning; statement on standards for valuation services; cross-references to statements on auditing standards; basic personal financial planning engagement functions and responsibilities;...

187p tuongnhuoclan 27-11-2023 8 3   Download

Audit quality and audit efforts has drawn attention of firms, investors and the audit firms themselves. Corporate social responsibility (CSR) may be signals of earning management or signals of risk, which can lead to different perception of auditors when auditing financial statements. Therefore, there is controversy in relationship between corporate social responsibility and audit efforts and audit quality. This relationship is interesting to investigate in an emerging country and a unique setting like Vietnam.

8p alucardhellsing 04-05-2022 15 1   Download

The results illustrate that there are seven audit service quality factors affecting positively on auditor retention, and this is consistent with empirical evidence of prior studies as well as service quality literature. It is noticeable that there are three factors namely Responsiveness, Reputation and Independence which have significantly difference in perception of service quality among clients intending to retain their current audit firms and companies preferring to appoint new auditors.

16p vihassoplattner 07-01-2022 13 1   Download

The paper aims to develop a framework for empirical research on factors affecting quality of financial statement audit of FDI enterprises in Vietnam. The results show that there are nine over eleven factors having positive influence on audit quality, say: Professional attitude, Experience and Industry Expertise, Auditor’s independence, Audit process and quality control, Auditor qualification, Audit time, Law system, Auditee’s characteristics, and Audit market.

16p huyetthienthan 23-11-2021 32 4   Download

This article identifies the factors that affect the auditor independence in financial statements audit in Vietnam at present, so there are some suggestions to improve the quality of financial statements audit. Using a questionnaire instrument, Viet Nam interested parties’ perceptions of the influence on auditor independence of a large set of 26 factors are elicited. Most factors have a significant influence on independence perceptions for all groups.

18p huyetthienthan 23-11-2021 13 2   Download

. Independent audit firms can contribute to the quality improvement of financial information by providing financial statements audit service that enables interested users to access the reliable and reliable financial information. However, financial statements audit service quality in Vietnam is still a controversial matters. Therefore, This research arms to provide readers with an objective view on current financial statement audit service quality in Vietnam.

10p huyetthienthan 23-11-2021 16 0   Download

This study aims to analyze the relationships between corporate-governance mechanisms and audit quality of Vietnam listed firms. Based on a sample of 221 listed firms collected from FiinPro database, annual reports, financial statements and corporate governance reports from 2015 to 2017, this study examines the use of Big 4 auditors as a proxy to measure audit quality and applies the logistic regression method to analyse these relationships.

15p vigiselle2711 29-08-2021 15 1   Download

The research objective of the thesis is to identify the factors affecting the quality of auditing of banks' financial statements audited by the SAV. Thereby, the thesis offers solutions to improve the quality of auditing financial statements of the SAV in Vietnam.

26p angicungduoc10 09-03-2021 45 5   Download

Financial statements are written records that convey the business operations and financial performance of a company, directly affecting investors' decisions. However, at present, the awareness of investors or auditing firms is still limited in controlling the quality of audits.

15p tamynhan6 14-09-2020 12 1   Download

This study examined the adequacy of financial reports with the objective of determining if there exist significant differences in four proxies of financial reporting quality: earnings, conservatism; accruals and average financial reporting quality before and after the adoption of IFRS in Nigeria. Data were sourced from the published audited financial statements and accounts of firms quoted on the Nigeria Stock Exchange (NSE).

20p cleopatrahuynh 01-06-2020 17 1   Download

Both IAS and Taiwan SFAS allowed companies to “reclassify” their financial assets in order to avoid having to report a huge loss as a result of the market value measurement; however, the standard also allowed some companies to hide huge losses through this reclassification. The empirical results show that, when financial statements are audited by industry specialists and auditors with market knowledge, the level of information disclosure is higher, and the auditor’s attitude is more rigorous.

40p nguyenminhlong19 21-04-2020 11 0   Download

This study examines whether Audit Quality has any impact or relationship with earnings response coefficients of companies in Nigeria. Pursuant to this objective, archival data were extracted from annual reports of 57 companies quoted on the Nigerian Stock Exchange (NSE) between 2006 and 2011.

23p cothumenhmong4 24-03-2020 12 1   Download

The development of a market economy, especially the financial markets is asking for transparency and truthfulness of the financial information with high quality. The information in the financial statements will impact directly and indirectly to the rights and decisions of investors. Independent auditors play a role of evaluating truthfulness and reasonable financial information in enterprises, however there are still risks. This study focuses on analyzing the factors affecting the quality of financial statements audit in enterprises.

10p nguathienthan 04-10-2019 64 4   Download

Providing recommendations to improve the AQ of financial statements of FDI enterprises conducted by independent audit firms in Vietnam in terms of professional quality as well as in terms of service quality.

32p quenchua 28-09-2019 45 4   Download

The objective of this study is to examine the effects of audit firm size and auditor characteristics on firms’ discretionary accruals management of companies listed on Ho Chi Minh Stock Exchange (HOSE) and Hanoi Stock Exchange (HNX). The results show that the gender of auditors affect discretionary accruals (DA). Female auditors approve DA at a lower value than male auditors.

7p vithomasedison2711 14-08-2019 29 0   Download

This paper examines whether an audit office resource allocation shock stemming from late-filing clients is associated with the audit quality of the other timely-filing clients in that audit office. I find that timely-filing clients are more likely to subsequently restate their financial statements when there are late-filing clients in the same audit office. Using audit fees as a proxy for auditor effort (resource allocation).

68p fugu897 03-07-2019 20 1   Download