금융업 핵심감사사항과 회계정보 가치관련성의 관계

• 영문명: The Relationship between the Key Audit Matters and Value Relevance of Accounting Information in the Financial Industry
• 발행기관: 강원대학교 경영경제연구소
• 저자명: 마희영(Hee-Young Ma) 김은혜(Eun-Hae Kim)
• 간행물 정보: 『아태비즈니스연구』제11권 제3호, 123~136쪽, 전체 14쪽
• 주제분류: 인문학 > 문학
• 파일형태: PDF
• 발행일자: 2020.09.30

영문 초록

Purpose - This study is to verify the impact of the documentation of key audit matters on the value relevance of accounting information in accordance with the revised accounting audit standards in 2017. Investors will be able to identify the company s significant financial risks through key audit matters and use them to make investment decisions. Design/methodology/approach - From 2011 to 2019, the final sample is 290, based on the December settlement of accounts listed on the securities market. Ohlson (1995) was used to verify the incremental link between net income and the book value as a determinant of corporate value. Findings - First, the key audit matters in the financial industry was found to have a negative (-) effect that was significant to the value relevance of accounting Information. In addition, the value of the interaction between the key audit matters and the net income is a significant (+) relationship with the share price and the value of the interaction between the key audit matters and the book value is a significant (-) relationship with the share price. This means that the key audit matters is the determining factor of corporate value, positively reflects the accounting information in net income and negatively reflects the accounting information in book value. Second, among the key audit matters, the fair value assessment of financial instruments and the adequacy of premiums reserve have a significant impact on the value relevance of accounting information. Research implications or Originality - The results of this study suggest that investors recognize key audit matters as information about the company s major financial risks and reflect them differently in the value relevance of accounting information.

목차

Ⅰ. 서론

Ⅱ. 선행연구 검토

Ⅲ. 연구방법론

Ⅳ. 실증분석 결과

Ⅴ. 결론

References

키워드

New Audit Report Key Audit Matters Value Relevance of Non-Accounting Information Ohlson Model Financial Industry