The Influence of Earnings Quality for Restatements and Auditor’s Qualified Opinion

Adriano Antonio Siqueira () and Fernando Caio Galdi ()
Additional contact information
Adriano Antonio Siqueira: Fucape Business School, Brazil
Fernando Caio Galdi: Fucape Business School, Brazil

New Challenges in Accounting and Finance, 2020, vol. 3, 53-68

Abstract: The objective of the present study was to raise the cases of restatements and to evaluate whether these events were associated with the low earnings quality and with the provision of advice with a qualified opinion by audit firms. The results obtained with the analysis indicate that the low earnings quality increases the chances of republishing the financial statements. Additionally, the results indicate that there is no evidence that lower earnings quality increases the chances of issuing a qualified audit report or disapproval of the financial statements by the independent auditors. These results point to a divergence regarding the understanding of earnings quality by the auditors and by the regulatory agency.

Keywords: Disclosure; Financial Statements; Earnings Quality; Republication; Caveat (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://api.eurokd.com/Uploads/Article/108/NCAF.2020.03.05.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bco:ncafaa::v:3:y:2020:p:53-68

DOI: 10.32038/NCAF.2020.03.05

Access Statistics for this article

New Challenges in Accounting and Finance is currently edited by Prof. Dr. Orhan Elmacı

More articles in New Challenges in Accounting and Finance from EUROKD
Bibliographic data for series maintained by Sara Gunen ().