The measurement of harmonization in the form and content of the auditor’s report in the European Union

King, Chula G.

doi:10.1016/s1061-9518(99)00003-8

Cited by 23 publications

(34 citation statements)

References 14 publications

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“…In discussing the role of IFAC standards in the harmonisation of audit reports within the European Union, the research of King (1999) offers the following opinion : "The expectation gap has been the subject of much debate in the European Union (EU)…. The issue of expectation gap takes on added complexities when one considers that the Member States in the EU do not share a common language, a common economic, social and political system, nor a common set of generally accepted accounting or auditing standards.…”

Section: Implications Of Empirical Resultsmentioning

confidence: 99%

“…There are several studies which analyse whether European auditors, who are members of the IFAC council, follow the ISA700 when they prepare the audit report (Archer et al, 1989;King, 1999;Wallage, 1993;Garcia-Benau and Zorio, 2004). Archer et al (1989) examined 206 audit reports of European multinational firms.…”

Section: The European Harmonisation Of National Practices On Auditor'mentioning

confidence: 99%

“…Additionally, King (1999) tried to measure the harmonisation in the form and content of the auditor"s report in the European Union. To realise this goal, audit reports from 1995 annual reports of the largest industrial companies in Austria, Belgium, Denmark, Finland, France, Germany, Ireland, Italy, Netherlands, Portugal, Spain, Sweden and the UK were analysed.…”

Section: The European Harmonisation Of National Practices On Auditor'mentioning

confidence: 99%

“…The study of these differences tests the null hypothesis of no difference between the total scores of the two regimes using the Chi-square test for several proportions. For the pre-revised ISA 700 regime, the investigated data is inspired of the information, which were observed by previous researches of King (1999).…”

Section: International Journal Of Accounting and Financial Reportingmentioning

confidence: 99%

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The Comparability of Audit Reports Issued In the European Union: An Empirical Study Based On Separate and Consolidated Financial Data

Fakhfakh¹

2012

ijafr

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The purpose of this article is to analyse the degree of European harmonisation of audit reports. This analysis refers to the international auditing standards that have been formally adopted in Europe. In this article we analysed the wording of audit reports issued in the European Union. This analysis is accompanied by tests that verify the assumptions of homogeneity and comparability of European reports. The interpretation of results is assisted by several statistical techniques including univariate and multivariate tests. The results show that the objective of the European harmonisation of audit reports is not fully realised. Despite the wealth of information in some reports, European auditors do not always conform to the International Standard on Auditing ISA 700. This paper includes an empirical analysis on the normative content of audit reports Europe. This analysis refers to international standards that support the performance of audit reports in Europe. In addition to information on the separate financial statements, this article considers, for the first time, the consolidated reports. The author discusses and tests the hypothesis of European harmonisation of audit reports.

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Section: Implications Of Empirical Resultsmentioning

confidence: 99%

Section: The European Harmonisation Of National Practices On Auditor'mentioning

confidence: 99%

Section: The European Harmonisation Of National Practices On Auditor'mentioning

confidence: 99%

Section: International Journal Of Accounting and Financial Reportingmentioning

confidence: 99%

See 2 more Smart Citations

The Comparability of Audit Reports Issued In the European Union: An Empirical Study Based On Separate and Consolidated Financial Data

Fakhfakh¹

2012

ijafr

View full text Add to dashboard Cite

show abstract

“…An audit expectation gap exists due to differences in belief between auditors and the auditees about duties and responsibilities assumed by auditors and the messages conveyed by the auditor's report (Monroe & Woodliff, 1993;King, 1999;McEnroe & Martens, 2001). There is no prior study available on the audit expectation gaps in Bahrain, though there is prior research both in developed and developing countries (e.g.…”

Section: Job Performance By Auditorsmentioning

confidence: 99%