The Impact of Audit Tenure and Industry Expertise on the Opinion of the Company Delisted Immediately

Autor: Mei-Han Huang, 黃美菡
Rok vydání: 2017
Druh dokumentu: 學位論文 ; thesis
Popis: 105
In recent years, domestic and foreign financial reporting fraud cases have been reported frequently. Auditors’ audit tenure and audit quality has been the focus of attention for the public. However, prior studies about audit tenure have not reached a consensus. This study examines the audit opinion before company delisted or included as full-delivery(full-cash delivery stock) companies, to explore whether the auditors will increase the tendency to issue an opinion other than unqualified opinion, and then we can realize whether the auditors can discover the potential problems of delisted company and full-delivery company in advance. Base on this point of view, we further discuss the impacts of audit tenure, industry specialization and industry experience on audit opinions of delisted company and full-delivery companies. We examine delisted and full-delivery companies in Taiwan form 2005 to 2016, to study the opinion that the company received before delisted or included as full-delivery company. We find that, before company delisted or included as full-delivery company, auditors tended to issue opinions other than unqualified opinion for these company. Furthermore, auditors can already found out company had get into trouble two years ago before company delisted. The results also show that the longer the audit tenure, the less tendency of auditor to issue opinions other than unqualified opinion.
Databáze: Networked Digital Library of Theses & Dissertations