Accounting and Auditing Research

Accounting and Auditing Research

Effect of changes in the auditor's opinion on the timeliness of disclosure in the listed companies at Tehran Stock Exchange

Document Type : Original Article

Authors
Vali Khodadadi
Sajad Veisi
Javad Nik Kar
10.22034/iaar.2016.99183
Abstract
The purpose of this study is to investigate the impact of changes in the auditor's opinion on the timeliness of disclosure in companies listed on the Tehran Stock Exchange. For this purpose four hypotheses are developed and data from 100 companies in Tehran Stock Exchange for the period between 1384 to 1391 are analyzed. This regression model using panel data with fixed effects approach, reviews and tests. The results indicated that changes in the audit opinion has an impact on the timeliness of disclosure, so that improved audit opinion increases the timeliness of disclosure (to reduce financial reporting delays) and deterioration of audit opinion being exposed is decreasing the time to (enhanced financial reporting delay). Also, the results show that companies that have greater improvement in their audit opinion relative to other companies, which improved financial reporting are less (to increase the timeliness of disclosure) have fewer delays.
Keywords
changes in the audit opinion
Improvement audit opinion
audit opinion deterioration and timeliness of disclosure
Accounting and Auditing Research
Volume 8, Issue 30
Summer 2016
Pages 70-87