Audit Committee and Key Audit Matters

• Main Authors: LO,KUO-HSUAN, 羅國軒
• Other Authors: FAN,HUNG-SHU
• Format: Others
• Language: zh-TW
• Published: 2018
• Online Access: http://ndltd.ncl.edu.tw/handle/34xtcw

碩士 === 輔仁大學 === 會計學系碩士班 === 106 === After the global financial crisis, the traditional audit report can’t satisfy investors’ and related parties’ need for more information. Under this trend, the new audit report was issued. The Financial Supervisory Commission has stipulated that the listed companies and financial industries should adopt the auditing standard No. 57 since the fiscal year 2016. This standard requires the regulated firms to disclose key audit matters in new audit report, which is the communicating result between auditor and governance unit. This requirement enhances the transparency of new audit report. The audit committee is an important governance unit and possibly influences disclosing key audit matters. Using Taiwan listed companies disclosing key audit matters from 2016 to 2017 as the sample, this study aims to explore the relationship between setting up audit committee and the extent of disclosing key audit matters of companies. The empirical results show that the extent of disclosing key audit matters of companies with audit committee is higher than that of companies without audit committee. This study conducts a number of sensitivity tests and gain similar results.