An Investigation of Financing Costs Factors on the Auditor's Qualified Report in the Companies Listed in Tehran Stock Exchange
محورهای موضوعی : Financial Mathematics
Mahmoud Hematfar
1
(Department of Accounting, Borujerd Branch, Islamic Azad University, Borujerd, Iran)
Hossein Soheili
2
(Department of Accounting, Borujerd Branch, Islamic Azad University, Borujerd, Iran)
کلید واژه: Qualified Report, Audit Firm Size, Audit Feed, Auditor's Specialization in the Industry, Auditor's Selection Tenure,
چکیده مقاله :
The purpose of this study was to an investigation of financing costs factors on the auditor's qualified report in companies listed in Tehran stock exchange. The criteria considered in this study were the audit firm size, auditor's specialization in the partner level, auditor's selection tenure and audit fees. For this purpose, five hypotheses were developed and data related to 85 companies of Tehran stock exchange for the period 2009-2014 were used. To test them, the multivariate regression technique was applied to panel data. The results of the first hypothesis indicated that there was no significant relationship between the audit firm size and qualified audit report. According to the second and third hypotheses, there were significant positive and negative relationships between auditor's specialization in the partner level and audit firm with the qualified report, respectively. The fourth one regarding the relationship between the auditor's selection tenure and qualified audit report was rejected. The fifth hypothesis results also indicated that there was a significant negative relationship between audit fees and qualified audit report.
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