Grao de cumprimento polos auditores das normas de auditoría sobre informes. Un estudo empírico aplicado ás empresas galegas

Barra de artigos

PDF (Galego) PDF (Español)

Contido principal do artigo

Mercedes Mareque Alvarez-Santullano
Universidade de Vigo
Espanha
Francisco Javier López Corrales
Universidade de Vigo
Espanha
María Teresa Fernández Rodríguez
Universidade de Vigo
Espanha
v. 22 n. 1 (2013), Thematic Block The external audit: reflections to improve this activity
DOI: https://doi.org/10.15304/rge.22.1.1275
Recibido: 13-06-2013 Aceito: 13-06-2013
Direitos de Autor Como Citar

Resumo

The aim of this paper is to analyze whether audit reports on annual accounts are issued in ac-cordance with the Auditing Standards (NTA) on reports; for this we study whether the format and content of the reports comply with current Spanish standards and, their relationship to the type of opinion they contain and the auditor issuing them. In our study we start from a sample of 1,236 audit reports on unlisted Galician firms selected by the stratified random sampling method, for the period 2004-2007. The dependent variable was defined as the overall qualification assigned to a report according to the degree of implementation of the NTA and, the independent variables as type of auditor and type of opinion, we conducted a test of the hypotheses through regression analysis, in order to explain the changes in the probability of finding a report not compliant with the NTA based on the variables described. The results obtained permit us to conclude that reports are not always written in accordance with the NTA, as they contain errors. Reports with a qualified opinion contain the greatest deviations from the standards, and auditors exercising individually are higher propensity to have to issue reports not in accordance with NTA compared to companies or multinationals.
plugins.generic.citations.citedby

Detalles do artigo

Referências

ABDEL, S.M. (1985): Qualified Audit Opinions in the UK: An Empirical Study of the Timeliness of Corporate Reporting Behaviour. (Doctoral Thesis). London: University of London.

AHADIAT, N. (2011): “Association between Audit Opinion and Provision of Non-Audit Services”, International Journal of Accounting and Information Management, 19 (2), pp. 182-193.

ÁLVAREZ CÁCERES, R. (2007): Estadística aplicada a las ciencias de la salud. Madrid: Díaz de Santos.

BAILEY, K.E.; BYLINSKI, J.H.; SHIELDS, M.D. (1983): “Effects of Audit Report Wording Changes on the Perceived Message”, Journal of Accounting Research, 21 (2), pp. 355-370.

BAMBER, E.M.; STRATTON, R.A. (1997): “The Information Content of the Uncertainty-Modified Audit Report: Evidence from Bank Loan Officers”, Accounting Horizons, 11 (2), pp. 1-11.

BHATTACHARJEE, S.; MORENO, K.; YARDLEY. J. (2005): “Auditors as Underwriters: An Alternative Framework”, International Journal of Auditing, 9 (1), pp. 1-19.

BROWN, T.; HATHERLY, D.; INNES, J. (1997): “The Expanded Audit Report –A Research Study within the Development of SAS 600”, Accounting, Auditing & Accountability Journal, 10 (5), pp. 702-717.

CABAL, E.; ROBLES, C. (1998): “Análisis de los informes de auditoría de las empresas admitidas a cotización en la Bolsa de Madrid en 1995”, Revista Técnica del Instituto de Auditores Censores Jurados de Cuentas de España, 12, pp. 22-33.

CARAMANIS, C.; SPATHIS, C. (2006): “Auditee and Audit Firm Characteristics as Determinants of Audit Qualifications: Evidence from the Athens Stock Exchange”, Managerial Auditing Journal, 21 (9), pp. 905-920.

CARCELLO, J.V.; NAGY, A.L. (2004): “Client Size, Auditor Specialization and Fraudulent Financial Reporting”, Managerial Auditing Journal, 19 (5), pp. 651-668.

CASO, C.; GARCÍA, J.; LÓPEZ, A.; MARTÍNEZ, A. (2003): “Estudio de la incidencia de ciertos factores en el informe de auditoría”, Revista de Contabilidad, 6 (11), pp. 57-86.

CITRON, D.B.; TAFFLER, R.J. (2004): “The Comparative Impact of an Audit Report Standard and an Audit Going-Concern Standard on Going-Concern Disclosure”, Auditing: A Journal of Practice and Theory, 23 (2), pp. 119-130.

COLBERT, G.; MURRAY, D. (1998): “The Association between Auditor Quality and Auditor Size: An Analysis of Small CPA Firms”, Journal of Accounting, Auditing & Finance, 13, pp. 135- -150.

CRAVENS, K.S.; FLAGG, J.C.; GLOVER, H.D. (1994): “A Comparison of Client Characteristics by Auditor Attributes: Implications for the Auditor Selection Process”, Managerial Auditing Journal, 9 (3), pp. 27-36.

DE ANGELO, L. (1981): “Auditor Size and Auditor Quality”, Journal of Accounting and Economics, 1, pp. 113-127.

DOPUCH, N.; HOLTHAUSEN, R.W.; LEFTWICH, R.W. (1986): “Abnormal Stock Returns Associated with Media Disclosures of Subjects to Qualified Audit Opinion”, Journal of Accounting and Economics, 8, pp. 93-117.

DUNN, J. (1996): Auditing: Theory and Practice. 2ª ed. Eastbourne: Pearson Educational.

DURÉNDEZ, A. (2003): “The Usefulness of the Audit Report in Investment and Financial Decisions”, Managerial Auditing Journal, 18 (6-7), pp. 549-559.

DURÉNDEZ, A.; SÁNCHEZ, J. (2008): “La influencia del informe de auditoría en la obtención de financiación bancaria”, Revista Española de Financiación y Contabilidad, 138, pp. 255-278.

ESPAÑA. INSTITUTO DE CONTABILIDAD Y AUDITORÍA DE CUENTAS (1991): Resolución de 19 de enero de 1991, del presidente del Instituto de Contabilidad y Auditoría de Cuentas, por la que se publican las Normas Técnicas de Auditoría. Boletín Oficial del Instituto de Contabilidad y Auditoría de Cuentas (BOICAC): 4 (enero). Madrid: ICAC.

ESPAÑA. MINISTERIO DE LA PRESIDENCIA (2011): Real Decreto Legislativo 1/2011, de 1 de julio, por el que se aprueba el texto refundido de la Ley de Auditoría de Cuentas. Boletín Oficial del Estado, nº 157, de 02/07/11.

FARGHER, N.; TAYLOR, M.H.; SIMON, D.T. (2001): “The Demand for Auditor Reputation Across International Markets for Audit Services”, The International Journal of Accounting, 36, pp. 407-421.

FARRUGIA, K.J.; BALDACCHINO, P.J. (2005): “Qualified Audit Opinions in Malta”, Managerial Auditing Journal, 20 (8), pp. 823-843.

FERGUSON, A.; STOKES, D. (2002): “Brand Name Audit Pricing, Industry Specialization, and Leadership Premiums Post-Big 8 and Big 6 Mergers”, Contemporary Accounting Research, 19 (1), pp. 77-110.

FEROZ, E.H.; PARK, K.; PASTENA, V.S. (1991): “The Financial and Market Effects of the SEC’s Accounting and Auditing Enforcement Releases”, Journal of Accounting Research, 29, pp. 107-129.

FRANCIS, J.; WILSON, E. (1988): “Auditor Changes a Joint Test of Theories Relating to Agency Costs and Auditor Differentiation”, The Accounting Review, 63 (4), pp. 663-682.

FRANCIS, J.; YU, M.D. (2009): “Big 4 Office Size and Audit Quality”, The Accounting Review, 84 (5), pp. 1521-1552.

GARCÍA BENAU, M.A.; GARRIDO, P.; VICO, A.; MOIZER, P.; HUMPHREY, C. (1999): “La calidad del servicio de auditoría: los auditores vistos por sus clientes”, Revista Española de Financiación y Contabilidad, 102, pp. 1005-1041.

GARCÍA BENAU, M.A.; RUIZ BARBADILLO, E.; VICO, A. (1998): Análisis de la estructura del mercado de servicios de auditoría en España. Madrid: Ministerio de Economía y Hacienda, Instituto de Contabilidad y Auditoría de Cuentas (ICAC).

GÓMEZ, N.; RUIZ BARBADILLO, E. (1999): “Un estudio descriptivo sobre la naturaleza de la opinión de auditoría en España”, Revista Técnica del Instituto de Censores Jurados de Cuentas de España, 15, pp. 26-45.

GOSMAN, M.L. (1973): “Characteristics of Firms Making Accounting Changes”, The Accounting Review, 48, pp. 1-11.

HAYES, R.; DASSEN, R.; SCHILDER, A.; WALLAGE, P. (2004): Principles of Auditing: An Introduction to International Standards on Auditing. 2ª ed. Harlow: Pearson Education.

HOLT, G.; MOIZER, P. (1990): “The Meaning of Audit Reports”, Accounting and Business Research, 20 (78), pp. 111-121.

HUMPHREY, C.; MOIZER, P.; TURLEY, S. (1992): “The Audit Expectations Gap -plus ca change, plus c’est la meme chose?”, Critical Perspectives on Accounting, 3, pp. 137-161.

INTERNATIONAL FEDERATION OF ACCOUNTANTS (2005): International Standard on Auditing 700-Forming an Opinion and Reporting on Financial Statements. New York, NY: IFAC.

INTERNATIONAL FEDERATION OF ACCOUNTANTS (2007): International Standard on Auditing 705-Modifications to the Opinion in the Independent Auditor’s Report. (Anteriormente era a ISA 701). New York, NY: IFAC.

KANE, G.D.; VELURY, U. (2004): “The Role of Institutional Ownership in the Market for Auditing Services: An Empirical Investigation”, Journal of Business Research, 57, pp. 976-983.

KEASEY, K.; WATSON, R.; WYNARCZYK, P. (1988): “The Small Company Audit Qualification: A Preliminary Investigation”, Accounting and Business Research, 18, pp. 323-333.

KIER, H.; LAVESSON, M. (2010): The Impact of Audit Standards in Audit Reports in Swedish Listed Companies. (Master Thesis). Kristianstad: Kristianstad University, Business Economy and Administration.

KING, C.G. (1999): “The Measurement of Harmonization in Form and Content of the Auditor’s Report in European Union”, Journal of International Accounting, Auditing and Taxation, 8 (1), pp. 23-42.

KLUGER, B.D.; SHIELDS, D. (1989): “Auditor Changes, Information Quality and Bankruptcy Prediction”, Managerial and Decision Economics, 10 (4), pp. 275-282.

KRISHNAN, J.; KRISHNAN, J. (1996): “The Role of Economic Trade-Offs in the Audit Opinion Decision: An Empirical Analysis”, Journal of Accounting, Auditing & Finance, 4, pp. 565-586.

KRISHNAN, J.; KRISHNAN, J.; STEPHENS, R.G. (1996): “The Simultaneous Relation between Auditor Switching and Audit Opinion: An Empirical Analysis”, Accounting and Business Research, 26, pp. 224-236.

LAWRENCE, A.; MINUTTI-MEZA, M.; ZHANG, P. (2011): “Can Big 4 Versus Non-Big 4 Differences in Audit-Quality Proxies Be Attributed to Client Characteristics?”, The Accounting Review, 86 (1), pp. 259-286.

LIBBY, R. (1979): “Bankers’ and Auditors’ Perceptions of Message Communicated by the Audit Report”, Journal of Accounting Research, 17 (1), pp. 99-122.

LÓPEZ CORRALES, F.J. (1997): Los informes de auditoría de cuentas anuales. Un estudio empírico sobre Galicia. (Tese de doutoramento). Vigo: Universidade de Vigo.

LÓPEZ, A.; MARTÍNEZ, A.; GARCÍA, J. (1997): “Análisis de los informes de auditoría de las empresas asturianas”, en: Ensayos sobre auditoría. En homenaje a Manuel Miers, pp. 271-290. Madrid: Instituto de Censores Jurados de Cuentas de España.

LOUIS, H. (2005): “Acquirers’ Abnormal Returns and the Non-Big 4 Auditor Clientele Effect”, Journal of Accounting and Economics, 40 (1-3), pp. 75-99.

MOIZER, P. (1997): “Auditor Reputation: The International Empirical Evidence”, International Journal of Auditing, 1 (1), pp. 61-74.

NAIR, R.D.; RITTENBERG, L.E. (1987): “Messages Perceived from Audit, Review, and Compilation Reports: Extension to More Diverse Groups”, Auditing: A Journal of Practice & Theory, 7 (1), pp. 15-38.

PALMROSE, Z. (1988): “An Analysis of Auditors’ Litigation and Audit Service Quality”, The Accounting Review, 63 (1), pp. 55-73.

PIOT, C. (2001): “Agency Costs and Audit Quality: Evidence from France”, European Accounting Review, 10 (3), pp. 461-499.

PRINGLE, L.M.; CRUM, R.P.; SWETZ, R.J. (1990): “Do SAS No. 59 Format Changes Affect the Outcome and the Quality of Investment Decisions?”, Accounting Horizons, 4 (3), pp. 68-76.

RODRÍGUEZ, C.; GUTIÉRREZ, J. (2007): “Empleo de modelos de regresión logística binomial para el estudio de variables determinantes en la inserción laboral de egresados universitarios”, Investigación y Posgrado, 22 (1), pp. 109-144.

ROLLINS, T.P.; BREMSER, W.G. (1997): “The Sec’s Enforcement Actions Against Auditors: An Auditor Reputation and Institutional Theory Perspective”, Critical Perspectives on Accounting, 8, pp. 191-206.

RUIZ BARBADILLO, E.; GÓMEZ, N.; CARRERA, N. (2006): “Evidencia empírica sobre el efecto de la duración del contrato de la calidad de auditoría: análisis de las medidas de retención y rotación obligatoria”, Investigaciones Económicas, 30, pp. 283-316.

RUIZ BARBADILLO, E.; GÓMEZ, N.; GUIRAL, A. (2002): “Una comparación intersectorial y por tamaño de la calidad de la información contable a través del análisis del informe de auditoría”, Revista Española de Financiación y Contabilidad, 112, pp. 545-581.

SAINTY, B.J.; TAYLOR, G.K.; WILLIAMS, D.D. (2002): “Investor Dissatisfaction Toward Auditors”, Journal of Accounting, Auditing & Finance, 17 (2), pp. 111-137.

SÁNCHEZ, A.; SIERRA, G. (2001): “El informe de auditoría y su relación con las características corporativas”, Revista Española de Financiación y Contabilidad, 108, pp. 349-392.

ŠAPINA, H.; IBRAHIMAGIĆ, S. (2011): “Causes of Auditor Mistakes in Published Audit Reports in Bosnia and Herzegovina”, Konomska Istrazivanja-Economic Research, 24 (4), pp. 162-171.

SIEGEL, S.; CASTELLAN, N.J. (1988): Nonparametric Statistics for the Behavioral Sciencies. 2ª ed. New York, NY: McGraw-Hill.

SPATHIS, C.; DOUMPOS, M.; ZOPOUNIDIS, C. (2003): “Using Client Performance Measures to Identify Pre-Engagement Factors Associated with Qualified Audit Reports in Greece”, The International Journal of Accounting, 38, pp. 267-284.

SUCHER, P.; MOIZER, P.; ZAROVA, M. (1999): “The Images of the Big Six Audit Firms in the Czech Republic”, The European Accounting Review, 8 (3), pp. 499-521.

SUNDGREN, S. (1998): “Auditor Choices and Auditor Reporting Practices: Evidence from Finnish Small Firms”, The European Accounting Review, 7 (3), pp. 443-465.

WARREN, C.S. (1975): “Uniformity of Auditing Standards”, Journal of Accounting Research, 13, pp. 162-176.

WARREN, C.S. (1980): “Uniformity of Auditing Standards: A Replication”, Journal of Accounting Research, 18, pp. 312-324.

WHISENANT, S.; SANKARAGURUSWAMY, S.; RAGHUNANDAN, K. (2003): “Evidence on the Joint Determination of Audit and Non-Audit Fees”, Journal of Accounting Research, 41 (4), pp. 721-744.

XU, Y.; CARSON, E.; FARGHER, N.; JIANG, L. (2011b): “Responses by Australian Auditors to the Global Financial Crisis”, Accounting & Finance (no prelo).

XU, Y.; JIANG, L.; FARGHER, N.; CARSON, E. (2011a): “Audit Reports in Australia During the Global Financial Crisis”, Australian Accounting Review, 56 (21), pp. 21-31.

ZDOLSEK, D.; JAGRIC, T. (2011): “Audit Opinion Identification Using Accounting Ratios: Experience of United Kingdom and Ireland”, Actual Problems of Economics, 115 (1), pp. 285-310.

Artigos mais lidos pelo mesmo (s) autor (es)