| Summary: | 碩士 === 國立中正大學 === 會計與法律數位學習碩士在職專班 === 107 === Many countries have reformed the Statements of Auditing Standards after the global financial crisis. A new type of auditor’s report has been created, which uses a customized auditor’s report to replace the original system. A new Statement of Auditing Standards, No.57-62, has been implemented on July 1, 2018 in Taiwan, Republic of China. However, the Financial Supervisory Commission in Taiwan, Republic of China, had clearly announced the implementation date was set effectively from 2016 for listed companies in the stock exchanged market, over-the-counter market and other related financial industries. But the implementation date for listed companies in the emerging market was effective from 2017.This new type of auditor’s report requires disclosure of key audit matters which enhances transparency and also provides additional information for prospective users of financial statements.
This research paper mainly focused on listed companies in the emerging market. The author statistically analyzes the key audit matters data that are collected from listed companies’ first year auditor’s reports on financial statements. The research results showed that the new regulation had no real effect to induce accountants’ disclosure of key audit matters. On average, there are 1.71 exposed items for listed companies in the emerging market, which is less than the 2.18 average of number exposed items for the first year listed companies in the stock exchanged market and over–the-counter market. There are only 77 companies, approximately 30% of listed companies in the emerging market, disclosed one key audit matter. Some contents of the auditor’s report are too general to be concrete. Respectively, there were 41 matters not indexed to the notes and 98 matters not indexed to either the notes, or the sub-items. They were approximately 30% of the data. The key audit matters are outcomes of the accountants’ professional judgments and the communication records within companies’ management teams. From this statistical research, the author expects key audit matters to increase the transparency of auditor’s reports and at the same time, to help intended users grasp information easily.
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