Is It Time To Revise the Changes In Accounting Principle Reporting Guidelines Under SAS No. 58?

Document Type

Conference Proceeding

Publication Date

1-1-1998

School

Accountancy

Abstract

Previous research on audit reporting after SAS No. 58 suggests that auditors modify reports at high rates for changes in accounting principle yielding effects traditionally considered immaterial. However, a high report modification rate could have been foreseen for the previous research because of a possible sample selection bias. The current study eliminates this potential bias and examines possible factors affecting auditors' report modification decisions.

Publication Title

Allied Academies International Conference

Volume

3

Issue

1

First Page

7

Last Page

15

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