ScholarLens Back to search
2015•Unpublished venueOpen access

THE ASSOCIATION BETWEEN AUDITOR SWITCHING AND AUDIT OPINION IN THE REPUBLIC OF SERBIA

Nemanja Stanišić, Tijana Radojević, Nenad Stanić, Danica Rajin

Open full text 1 citations

Abstract

In this study, the authors examine the association between auditor switching and type of audit opinion on a sample of companies in the Republic of Serbia. The sample comprised 4,309 non-financial companies for which auditor’s reports were publicly available for the period 2010-2013. The results show that auditor switching was linked to an increased likelihood of change in the type of audit opinion. In the case when the initial audit opinion was unqualified or qualified, this increase was statistically significant. Such findings can indicate that auditor switching may lead to an improved informative value of auditor’s reports, but it also raises concerns about the possibility of opinion shopping.

Open-access reader

About this research paper

What this paper is about

In this study, the authors examine the association between auditor switching and type of audit opinion on a sample of companies in the Republic of Serbia. The sample comprised 4,309 non-financial companies for which auditor’s reports were publicly available for the period 2010-2013. The results show that auditor switching was linked to an increased likelihood of change in the type of audit opinion. In the case when the initial audit opinion was unqualified or qualified, this increase was statistically significant. Such findings can indicate that auditor switching may lead to an improved informative value of auditor’s reports, but it also raises concerns about the possibility of opinion shopping.

Why it matters

OpenAlex reports 1 citations for this work. Citation counts describe recorded attention and do not establish research quality.

Key contribution

A contribution statement is not available in the OpenAlex record.

Method / approach

Method details are not available in the OpenAlex metadata.

Main findings

Findings are not separately available in the OpenAlex metadata.

Limitations

Limitations are not available in the OpenAlex metadata.

Applications

Application details are not available in the OpenAlex metadata.

Available abstract

In this study, the authors examine the association between auditor switching and type of audit opinion on a sample of companies in the Republic of Serbia. The sample comprised 4,309 non-financial companies for which auditor’s reports were publicly available for the period 2010-2013. The results show that auditor switching was linked to an increased likelihood of change in the type of audit opinion. In the case when the initial audit opinion was unqualified or qualified, this increase was statistically significant. Such findings can indicate that auditor switching may lead to an improved informative value of auditor’s reports, but it also raises concerns about the possibility of opinion shopping.

Key concepts: Auditor's report, Audit, Accounting, Business, Sample (material), Auditor independence, Inherent risk (accounting), External auditor

Related papers

Related paper 1Related paper 2Related paper 3
Back to paper searchBrowse research topicsOriginal source
THE ASSOCIATION BETWEEN AUDITOR SWITCHING AND AUDIT OPINION IN THE REPUBLIC OF SERBIA — Research Paper | ScholarLens