An analysis of determinants of going concern audit opinion: evidence from Spain stock exchange

Purpose: The main objective of this article is to go in-depth into the relationship between going concern audit opinion and certain characteristics of the company and auditor, including financial decline. Design/methodology/approach: A Logit analysis was carried out in order to enable us to discover...

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Detalles Bibliográficos
Autores: Gallizo Larraz, José Luis, Saladrigues Solé, Ramon
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:2016
País:España
Institución:Universitat de Lleida (UdL)
Repositorio:Repositori Obert UdL
OAI Identifier:oai:repositori.udl.cat:10459.1/57315
Acceso en línea:https://doi.org/10.3926/ic.683
http://hdl.handle.net/10459.1/57315
Access Level:acceso abierto
Palabra clave:Audit
Financial decline
Going concern audit opinion
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spelling An analysis of determinants of going concern audit opinion: evidence from Spain stock exchangeGallizo Larraz, José LuisSaladrigues Solé, RamonAuditFinancial declineGoing concern audit opinionPurpose: The main objective of this article is to go in-depth into the relationship between going concern audit opinion and certain characteristics of the company and auditor, including financial decline. Design/methodology/approach: A Logit analysis was carried out in order to enable us to discover the probability of receiving a going concern audit opinion. Findings: Characteristics of the company and characteristics of the auditor are discussed, and the analysis indicates that it is not financial decline, but rather registering losses and being audited by a small-scale auditor, that increase the likelihood of a company receiving a going concern audit opinion. Practical implications: The results obtained are interesting for the profession and users because they provide evidence of the reasons that converge in the cases where a going concern audit opinion is included in the auditing reports of companies characterised by being immersed in a financial crisis. Originality/value: This article considers the circumstances of both the company and the auditing process, which influence the fact that the auditing report includes a going concern audit opinion. In addition, the article includes the financial decline, and let us to analyze if the decline of the company’s financial position between t-1 and t causes the auditor to include a going concern audit opinion.OmniaScience2016info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionhttps://doi.org/10.3926/ic.683http://hdl.handle.net/10459.1/57315reponame:Repositori Obert UdL instname:Universitat de Lleida (UdL)InglésReproducció del document publicat a https://doi.org/10.3926/ic.683Intangible Capital, 2016, vol. 12, núm. 1, p. 1-16cc-by (c) Gallizo et al., 2016info:eu-repo/semantics/openAccesshttp://creativecommons.org/licenses/by/3.0/es/oai:repositori.udl.cat:10459.1/573152026-06-24T12:42:17Z
dc.title.none.fl_str_mv An analysis of determinants of going concern audit opinion: evidence from Spain stock exchange
title An analysis of determinants of going concern audit opinion: evidence from Spain stock exchange
spellingShingle An analysis of determinants of going concern audit opinion: evidence from Spain stock exchange
Gallizo Larraz, José Luis
Audit
Financial decline
Going concern audit opinion
title_short An analysis of determinants of going concern audit opinion: evidence from Spain stock exchange
title_full An analysis of determinants of going concern audit opinion: evidence from Spain stock exchange
title_fullStr An analysis of determinants of going concern audit opinion: evidence from Spain stock exchange
title_full_unstemmed An analysis of determinants of going concern audit opinion: evidence from Spain stock exchange
title_sort An analysis of determinants of going concern audit opinion: evidence from Spain stock exchange
dc.creator.none.fl_str_mv Gallizo Larraz, José Luis
Saladrigues Solé, Ramon
author Gallizo Larraz, José Luis
author_facet Gallizo Larraz, José Luis
Saladrigues Solé, Ramon
author_role author
author2 Saladrigues Solé, Ramon
author2_role author
dc.subject.none.fl_str_mv Audit
Financial decline
Going concern audit opinion
topic Audit
Financial decline
Going concern audit opinion
description Purpose: The main objective of this article is to go in-depth into the relationship between going concern audit opinion and certain characteristics of the company and auditor, including financial decline. Design/methodology/approach: A Logit analysis was carried out in order to enable us to discover the probability of receiving a going concern audit opinion. Findings: Characteristics of the company and characteristics of the auditor are discussed, and the analysis indicates that it is not financial decline, but rather registering losses and being audited by a small-scale auditor, that increase the likelihood of a company receiving a going concern audit opinion. Practical implications: The results obtained are interesting for the profession and users because they provide evidence of the reasons that converge in the cases where a going concern audit opinion is included in the auditing reports of companies characterised by being immersed in a financial crisis. Originality/value: This article considers the circumstances of both the company and the auditing process, which influence the fact that the auditing report includes a going concern audit opinion. In addition, the article includes the financial decline, and let us to analyze if the decline of the company’s financial position between t-1 and t causes the auditor to include a going concern audit opinion.
publishDate 2016
dc.date.none.fl_str_mv 2016
dc.type.none.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
format article
status_str publishedVersion
dc.identifier.none.fl_str_mv https://doi.org/10.3926/ic.683
http://hdl.handle.net/10459.1/57315
url https://doi.org/10.3926/ic.683
http://hdl.handle.net/10459.1/57315
dc.language.none.fl_str_mv Inglés
language_invalid_str_mv Inglés
dc.relation.none.fl_str_mv Reproducció del document publicat a https://doi.org/10.3926/ic.683
Intangible Capital, 2016, vol. 12, núm. 1, p. 1-16
dc.rights.none.fl_str_mv cc-by (c) Gallizo et al., 2016
info:eu-repo/semantics/openAccess
http://creativecommons.org/licenses/by/3.0/es/
rights_invalid_str_mv cc-by (c) Gallizo et al., 2016
http://creativecommons.org/licenses/by/3.0/es/
eu_rights_str_mv openAccess
dc.publisher.none.fl_str_mv OmniaScience
publisher.none.fl_str_mv OmniaScience
dc.source.none.fl_str_mv reponame:Repositori Obert UdL
instname:Universitat de Lleida (UdL)
instname_str Universitat de Lleida (UdL)
reponame_str Repositori Obert UdL
collection Repositori Obert UdL
repository.name.fl_str_mv
repository.mail.fl_str_mv
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