JOURNAL OF AUDIT SCIENCE
Year:2013 | Volume:13 | Issue:51|Papers Count:7

Researchers have presented many documents in connection with the role of board characteristics on the quality of financial reporting. This study analyzes the quality of financial reporting and examines the possibility of receiving a qualified audit opinion with institutional ownership and board characteristics. The Method used in this study is quasi experimental with the post-test design in which experimental and control groups consist of 70 companies in Tehran Stock Exchange. The pair matching sampling was used and the study periods are from 2009 and 2010. Also, the Mann-Whitney, Kruskal-Wallis and T-test were used to test the hypotheses of the research. The research findings show that independence of board members and level of institutional ownership have positive and significant effect on the type of the auditor's opinion, but the number of board members and concentration on the institutional ownership have not affected the auditor's opinion. In other words, according to the results researchers might be able to claim that increase in board independence and increase in the level of institutional ownership reduce the possibility of issuing a qualified auditor's opinion but this proposition is not true in relation to the number of board members and institutional ownership concentration.

This research has studied the effect of auditing firm rotation on auditing quality in listed companies in Tehran Stock Exchange. The main purpose was to Answer the question that if there is a meaningful relationship between auditing firm rotation and auditing quality? The quality of the auditing, tax distortions, distortions in estimating in accounting, law distortions, distortions caused by mistakes in applying accounting procedures and other distortions, were used as dependent variables.56 companies have been chose as examination group and other 56 companies as Control Group for a Period of 4 Years in 1386/01/01 until 1389/12/29. Also including data were found in their financial statements. To test the hypothesis statically we used the couple average comparison.The results have showed that the auditing firm rotation has meaningful relationship with detecting of tax distortions and distortions caused by mistakes in applying accounting procedures and increase the success of these distortions has Been found but such a relationship was not seen between auditing firm rotation and distortions in the estimation of accounting, law distortions and other distortions.

This paper investigates similarities and differences between independent auditors' view about factors influencing financial audit fees and its counterpart in the executives' view. Features examined include customer-related factors, auditor-related factors and audit work -related factors. The study is based on a survey of independent auditors in auditing institutions in Iran and executives in Tehran security exchanges. Results suggest that there aren't any differences between independent auditors' view and executives' view in customer-related factors, auditor-related factors and audit work-related factors.

We examines published data to develop a model for detecting factors associated with Fraudmental financial statements (FFS). Most Fraudmental financial statements in Tehran Stocks Exchange (Tse) Listed Companies, can be identified on the basis of the financial ratios. We use a sample of 68 firms includes 34 with FFS and 34 non-FFS. Nine financial variables are selected for examination as potential predictors of FFS. Univariate and multivariate statistical techniques (logistic regression) are used to develop a model to identify factors associated with FFS. The model is accurate in classifying the total sample correctly with accuracy rates 83.8 per cent. The results therefore demonstrate that the models function effectively in detecting FFS and could be of assistance to Investors and auditors, both internal and external and taxation, Government bodies and to the banking system.