In assuring the quality of the financial information issued by the listed companies, the role of the financial auditor is to express his own opinion regarding the compliance of the financial statements with a financial reporting framework. In order for this opinion to be a reliable one, the auditor has to develop it considering the specific requirements of competence, ethic judgment and professional ethics. Meeting these requirements supposes significant efforts from the auditors, and also from the professional organization they are affiliated to, as well as the audited companies. We appreciate that the financial auditors' financial independence and objectivity are also assured by their periodical rotation. The scope of this study is to analyze and evaluate the influence of the auditor's rotation on the information value relevance from the individual financial statements and from the consolidated statements that make the subject of financial auditing. The study was carried out on a number of 64 Romanian companies, listed on the Bucharest Stock Exchange, between 2006 and 2014. The research objectives considered the estimation of the auditor's rotation influence on the value relevance of the reported information of the Romanian BSE listed companies. The results of the study show the fact that the auditor's rotation significantly contributes to the change of the value relevance degree.

The development of the economy and the capital markets has led to substantial changes over time, both in terms of audit reporting and determining the quality of the audit. The primary purpose of the present study is to conduct an empirical evaluation of the most relevant scientific publications, which target the topic of quality of reporting in audit, determining the dominant factors for quality assurance in auditing, as well as future research directions, both for other potential researchers and us. The study proposes a bibliometric analysis of the main articles encountered in SCOPUS and Web of Science databases, aiming to choose a sample of data to perform a meta-analysis. The obtained results certify that the audit report is the fundamental element in restoring the quality of the audit, followed by education, regulations and legislative changes and last but not least, by the steps taken by the audit team in carrying out missions to assure investment efficiency and to provide credibility for investors.

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In today's unstable environment, one of the overarching principles for financial reporting of major importance to users of financial statements is going concern. The management of companies is responsible for disclosing information about whether the entity is a going concern or not. In addition, financial auditors must also obtain sufficient and reliable evidence to support their audit opinion on the appropriateness of management's use of the going concern principle in the preparation of financial statements. This study considers the following directions: it first investigates the extent to which financial auditors confirm management's use of the going concern principle in the preparation of the annual financial statements; it then tests the asymmetric relationship between going concern and earnings reporting and between going concern and loss reporting; finally, it seeks to identify the extent to which going concern issues at company level identified by the auditor, loss reporting and negative equity influence the type of audit opinion issued. The sample is represented by companies listed on the regulated market of the BSE in the period 2016-2021 and highlights that the accuracy of the use of the going concern principle in the preparation of financial statements by management is often refuted by financial auditors, that there are business areas in which there are entities for which going concern problems have been reported in one period, but rather gains are reported in the immediately following period, and for other business areas, there are entities for which no going concern problems have been reported and they report losses in subsequent periods. Also, the processing carried out showed that the type of audit opinion depends mainly on the sign of equity and the existence of going concern issues.