أثر المحتوى المعلوماتى لفقرة أمور المراجعة الأساسیة بشأن تقییم الاستثمارات بقیمتها العادلة على جودة قرار الاستثمار دراسة تجریبیة على المستثمرین فى مصر

Abstract

The objective of this research is to study and analyze the impact of the existence of "Key Audit Matters" paragraph related to the valuation of investments using fair value in the audit report on the investor's reliance on audit report, investment decision and confidence in this decision. The researcher relied on a sample of 95 financial analysts, investment managers and investment analysts (in a position to take investment decisions) in different sectors in Egypt. The researcher designed a 2X2 between subjects experiment to investigate the impact of the disclosure of the "Key Audit Matters" paragraph in the audit report on the investors' reliance on audit report, investment decision and confidence in this decision and whether these impacts will differ with the different experience levels of investors. The researcher relied on nonparametric tests to test the research hypotheses and found no significant impact of the "Key Audit Matters" paragraph on the investor's reliance on audit report, however unexpectedly, the investor's investment and confidence in investment decision have decreased significantly in the case of the existence of "Key Audit Mattesr" paragraph in comparison with its nonexistence in the audit report. The statistical results didn't change after the inclusion of investor's experience as a moderating variable. ‫د‬ ‫بدوي‬ ‫السالم‬ ‫عبد‬ ‫هللا‬ ‫/هبة‬ ‫ات....‬ ‫األستثمار‬ ‫تقييم‬ ‫بشأن‬ ‫األساسية‬ ‫اجعة‬ ‫المر‬ ‫أمور‬ ‫لفقرة‬ ‫المعلوماتي‬ ‫المحتوى‬ ‫أثر‬ 191 Accordingly, the researcher recommends the application of the new international auditing standard ISA 701 in Egypt in order to increase disclosure and transparency levels and reduce information, expectation and communication gaps, also, the researcher recommends conducting training sessions for investors and auditors in Egypt to make them aware of the modifications in the audit report and the new international auditing standard.