감사인 교체연도의 재무제표 비교가능성

• 영문명: Initial Audit Engagement and Financial Statement Comparability
• 발행기관: 강원대학교 경영경제연구소
• 저자명: 연경석(Jing-Shuo Yan) 최승욱(Seung-Uk Choi)
• 간행물 정보: 『아태비즈니스연구』제12권 제3호, 193~212쪽, 전체 20쪽
• 주제분류: 인문학 > 문학
• 파일형태: PDF
• 발행일자: 2021.09.30

영문 초록

Purpose - This study investigates the effect of auditor change on client firm’s accounting (financial statement) comparability. Design/methodology/approach - The comparability of accounting information is measured by the difference in accruals between the two firms. Additionally, the study uses earnings-stock return relationship as another proxy of accounting comparability. In particular, the paper examines whether there is a systematic difference between initial audit years and the other years with respect to the client firm’s accounting comparability. Moreover, current study tests how changes in auditor size or industry expertise before and after the switch of auditors affect the accounting comparability. Findings - The results show that the level of accounting comparability is lower in the year of auditor change than in the other years. Furthermore, this lower level of comparability is derived by the observations that switch their auditors from non-Big4 to non-Big4 or from non-specialist to non-specialist. These results are consistent when accounting comparability is measured by different proxies. Research implications or Originality - The findings of this study provide important policy implications for the regulations related with auditor selection.

목차

Ⅰ. 서론

Ⅱ. 선행연구와 가설설정

Ⅲ. 연구설계

Ⅳ. 실증분석 결과

Ⅴ. 결론

References

키워드

Auditor Change Big4 Auditor Financial Statement Comparability Industry Specialist Auditor