The Study On the Relationship Between the Composition of Audit Committee and Key Audit Matters

• Main Authors: Fang-Wen Zhu, 朱芳彣
• Other Authors: Chao-Hsin Huang
• Format: Others
• Language: zh-TW
• Published: 2019
• Online Access: http://ndltd.ncl.edu.tw/handle/jgd2r6

碩士 === 中原大學 === 會計研究所 === 107 === Since the 2000s, the fraud of financial statement becomes prevalently. The audit committee which could strength corporate governance of companies based on the supervision of corporates’ financial reporting and audit reports, on the selection of auditor and communication with auditor are required to be established from 2013 in Taiwan. Previous audit reports only reveal the type of opinion and do not give people a better understanding of what auditors do and how auditors do it. Key audit matters help investors to understand where the greatest of those risks lie in the eyes of the auditor to improve the communication of auditors. This research examines the relationship between the audit committee and key audit matters. Specifically, the characteristics of audit committee as busy directors (directors with multiple board appointment) and financial expertise are adopted. The results indicate more items of key audit matters are positively associated with the busy directors, and the number of texts in key audit matters are negatively associated with the financial expertise.