Research on Audit Quality and Information Content of Internal Control Audit Reports
Journal of Finance and Accounting
Volume 3, Issue 5, September 2015, Pages: 128-131
Received: Jul. 17, 2015; Accepted: Jul. 31, 2015; Published: Aug. 12, 2015
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Author
Wang Meiying, School of Business, Beijing Wuzi University, Beijing, China
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Abstract
This paper examines investors’ reaction to internal control audit reports by concerning audit quality, we find that companies disclosing unqualified internal control audit reports issued by Big 4 firms have higher earnings response coefficient. So the internal control audit reports can transmit information relevant to investment decisions, but its signals are associated with audit quality
Keywords
Internal Control Audit, Audit Quality, Market Reaction
To cite this article
Wang Meiying, Research on Audit Quality and Information Content of Internal Control Audit Reports, Journal of Finance and Accounting. Vol. 3, No. 5, 2015, pp. 128-131. doi: 10.11648/j.jfa.20150305.13
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