A Study on the Association between Key Audit Matters and Company Performance

• Main Authors: PENG, HAO-CHUN, 彭皓均
• Other Authors: YANG, MENG-PING
• Format: Others
• Language: zh-TW
• Published: 2019
• Online Access: http://ndltd.ncl.edu.tw/handle/r3bvec

碩士 === 東吳大學 === 會計學系 === 107 === Due to the rapid development of the company and the more complicated transactions in recent years, the audit reports with three paragraphs clearly show that the information of communication is not enough. Therefore, the International Auditing and Assurance Standards Board (IAASB) started to conduct the reform of audit report issued by accountants and released the ISA700 and ISA701 in 2015. The Accounting Research and Development Foundation in Taiwan referred IAASB standards to revise our audit standards and issue No. 57 and No. 58. The biggest change is the No. 58 “Communicating Key Audit Matters in the Independent Auditor’s Report”. The main purpose of communicating key audit matters is to enhance the communicative value of the auditor’s report by providing greater transparency about the audit that was performed. Our study considers that the disclosure of key audit matters can improve the transparency of information and enhance the company's performance. Thus, our study analyzed the key audit matters disclosed by listed companies in the new audit report in Taiwan in 2016 and 2017, and used Return On Assets (ROA)Rate to measure company performance. We want to discuss the relationship separately between the quantity of key audit matters and the degree of disclosure of key audit matters related to company performance. According to the empirical result of our study, we found that the degree of disclosure of key audit matters had a significant degree of relationship with company performance.