Audit Style and Financial Statement Comparability：The Perspective of Audit Groups

• Main Authors: CHIU, LU-JIA, 邱律嘉
• Other Authors: SHIUE, MIN-JENG
• Format: Others
• Language: zh-TW
• Published: 2017
• Online Access: http://ndltd.ncl.edu.tw/handle/rqfe7d

碩士 === 國立臺北大學 === 會計學系 === 105 === In recent years, whether the comparability of the financial statements is provided draws a great attention. The quality of corporate financial statements is closely related to all users, and therefore this study aims to explore the relevance of auditing works and financial statements comparability. In this study, I use Taiwan’s listed companies from 2013 to 2015 as the observations. This study matches two companies in the same year and industry as a pair, and uses the absolute value of the difference in discretionary accruals to measure financial statements comparability. The empirical results illustrate that accounting firm's overall audit style will affect the comparability of financial statements. Big Four have significant differences in this situation. Also, it illustrate that the lager accounting firms will yield lower comparability. Otherwise, the smaller accounting firms will yield higher comparability. The empirical results show that Big Four have different audit styles from each other, and the audit style in each firm is related to the size of firm. Then, this study focuses on the audit groups of accounting firm and investigates the association between audit groups and financial statements comparability. The results indicate that the same audit group will yield higher comparability after controlling the diversity of the groups. Also, this study finds that greater numbers of partner or industry diversification of audited clients in audit group will yield lower financial statements comparability.