调整持续经营风险管理评估的披露要求:来自新西兰的初步证据

IF 3.1 4区管理学 Q2 BUSINESS, FINANCE

Accounting and Finance Pub Date : 2023-10-20 DOI:10.1111/acfi.13188

Matthew Grosse, Tom Scott, Zeting Zang

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引用次数: 0

摘要

摘要本研究探讨了新西兰会计准则委员会(NZASB)发布的《财务报告准则第44号新西兰附加披露》(FRS 44)修订的影响。《财务报告准则第44号》修订将截至2020年9月30日或之后期间的财务报告中管理层持续经营风险评估的披露要求与审计准则保持一致。我们首先对持续经营意见(GCO)的频率、确定为关键审计事项的持续经营问题(GCKAM)的频率以及持续经营风险管理评估(GCMA)的频率和内容在《财务报告准则第44号》修订前后提供了描述性证据。其次，我们显示财务困难的公司在实施财务报告准则44后审计费用降低，审计滞后时间缩短。这表明，会计和审计披露要求的统一缓解了受影响公司在持续经营决策过程中的紧张关系，从而导致审计费用的减少。

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Aligning disclosure requirements for managerial assessments of going concern risk: Initial evidence from New Zealand

Abstract This study examines the impact of the Financial Reporting Standard No. 44 New Zealand Additional Disclosures (FRS 44) amendment issued by the New Zealand Accounting Standards Board (NZASB). The FRS 44 amendment aligned disclosure requirements for managerial assessments of going concern risk in financial reports with auditing standards for periods ending on or after 30 September 2020. We first present descriptive evidence on the frequency of going concern opinions (GCO), frequency of going concern issues identified as key audit matters (GCKAM), and frequency and content of managerial assessments of going concern risk (GCMA) before and after the FRS 44 amendment. Second, we show lower audit fees and shorter audit lags for financially distressed companies post‐FRS 44 implementation. This suggests that the harmonisation of accounting and auditing disclosure requirements alleviates tension during the going concern decision‐making process for affected companies, subsequently leading to reduced audit fees.

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来源期刊

Accounting and Finance BUSINESS, FINANCE-

CiteScore

5.10

自引率

7.70%

发文量

期刊介绍： Accounting & Finance enjoys an excellent reputation as an academic journal that publishes articles addressing significant research questions from a broad range of perspectives. The journal: • publishes significant contributions to the accounting, finance, business information systems and related disciplines • develops, tests, or advances accounting, finance and information systems theory, research and practice • publishes theoretical, empirical and experimental papers that significantly contribute to the disciplines of accounting and finance • publishes articles using a wide range of research methods including statistical analysis, analytical work, case studies, field research and historical analysis • applies economic, organizational and other theories to accounting and finance phenomena and publishes occasional special issues on themes such as on research methods in management accounting. Accounting & Finance is essential reading for academics, graduate students and all those interested in research in accounting and finance. The journal is also widely read by practitioners in accounting, corporate finance, investments, and merchant and investment banking.