• 유통과학연구
• /
• 제12권3호
• /
• pp.33-41
• /
• 2014

Purpose - The purpose of this study was to predict the selection of independent auditors in the companies listed on the Tehran Stock Exchange (TSE) using a combination of PSO algorithm and CART. This study involves applied research. Design, approach and methodology - The population consisted of all the companies listed on TSE during the period 2005-2010, and the sample included 576 data specimens from 95 companies during six consecutive years. The independent variables in the study were the financial ratios of the sample companies, which were analyzed using two data mining techniques, namely, PSO algorithm and CART. Results - The results of this study showed that among the analyzed variables, total assets, current assets, audit fee, working capital, current ratio, debt ratio, solvency ratio, turnover, and capital were predictors of independent auditor selection. Conclusion - The current study is practically the first to focus on this topic in the specific context of Iran. In this regard, the study may be valuable for application in developing countries.

• 산업융합연구
• /
• 제21권4호
• /
• pp.65-72
• /
• 2023

본 연구는 최근에 시행된 주기적 감사인지정제의 주기적으로 지정된 감사인이 감사품질에 어떠한 영향을 미치는 지 검증하고자 한다. 본 연구에선 선행연구를 검토하여 가설을 설정하고, 코스피상장기업을 대상으로 2019년과 2020년의 980개의 표본을 선정하였다. 종속변수로는 Dechow & Dichev(2002)의 발생액의 질을 사용하였으며, 주기적 감사인 지정 기업 여부와 Big4 감사인 여부에 따른 영향을 실증분석한다. 분석결과, 상관관계분석결과에서 종속변수 발생액의 질과 독립변수지정 감사인 여부(PA)는 통계적으로 유의한 차이가 확인되었다. 그러나 회귀분석모형 1의 분석결과, 지정 감사인 여부는 유의하지 않은 것으로 나타났지만 통제변수들에서는 유의한 차이가 있는 것으로 확인되었다. 그리고 추가적인 분석에서 Big 4 감사인에 따른 감사품질의 차이를 확인할 수 있었다. 본 연구는 실증자료를 사용하여 2019년과 2020년의 도입된 시점 이후의 주기적 지정 감사인 기업의 선정과 감사품질의 영향을 연구한 연구라는 데 그 의의가 있다. 정부의 지정기업 비공개로 인하여 본 연구자의 공시된 선정기준에 의한 선정과는 차이가 있을 수도 있다는 한계가 있다.

• The Journal of Asian Finance, Economics and Business
• /
• 제7권10호
• /
• pp.687-696
• /
• 2020

Accounting policies are principles and practices by which an entity uses to recognize, measure and report economic transactions. Improper application of accounting policies can lead to misrepresentation of firms' financial position and performance which consequently results in incorrect accounting information to the users. This paper aims to investigate the factors influencing the choices of accounting policies in small and medium enterprises (SMEs) in Vietnam by reviewing relevant literature to build a research model. The research model comprises of one dependent variable that is income-decreasing accounting procedures and six independent variables namely the firm size, financial leverage, incentives, auditor, accountants, and tax policies. After this, the authors collected primary data from more than 200 questionnaires sent to directors and chief accountants of the SMEs for the period 2018 to 2019. We then used Ordinary Least Squares regression method (OLS) to analyze the data. The results showed that four factors influenced selection of accounting policies in which auditors are associated with income-increasing accounting policies; and there are three factors associated with income-decreasing accounting policies which are, company size, tax and accountant. Especially, the research results indicate that company size has a significant influence on the selection of accounting policies in the SMEs. Based on the results, we propose instructive suggestions for regulators and lawmakers improve choices of accounting policies in the SMEs.

• The Journal of Asian Finance, Economics and Business
• /
• 제8권2호
• /
• pp.143-150
• /
• 2021

This study investigates and analyzes the difference in Indonesian banks' earnings quality in the pre-audit and post-audit period. This study also investigates the difference in audit quality done by public accounting firms. This study employs time series data taken from the unaudited and audited financial statements of banks listed on the Indonesia Stock Exchange in 2012-2016. Sample selection is made by using a purposive sampling method. The population of this study is 43 banks, and after checking the data for validity and reliability, the final sample size was 26 banks. Audit quality is operationalized with the size of the auditor. Earnings quality is proxied by accruals calculated using the Beaver and Engel (1996) model. The data analysis method used in this study is the paired-sample t-test and chow test. This study shows that there is no difference in earnings quality in the pre-audit and post-audit period. This study also reveals no difference in audit quality between the big four and non-big four auditors. These findings mean that independent auditors do not play a useful role in increasing the reliability of accounting information presented by management to stakeholders. Besides, this study's results do not verify the agency theory regarding auditors' role to minimize opportunistic management behavior in preparing financial statements.