We found a match
Your institution may have access to this item. Find your institution then sign in to continue.
- Title
An Appraisal of Research Designs Used to Investigate the Information Content of Audit Reports.
- Authors
Bailey, William T.
- Abstract
ABSTRACT: To draw conclusions about the information content of audit reports, one must isolate the effects of information conveyed specifically by audit-report components of aggregate signals. To do so, the information conveyed by other components of the aggregates must be controlled. This paper argues that, for most types of audit reports, the necessary control cannot be exercised with security-price research methods Accordingly, some inappropriate inferences have been drawn about the information content of certain types of opinions. Research strategies to provide and implement the necessary control are suggested.
- Subjects
AUDITORS' reports; FINANCIAL statements; ACCOUNTING; AUDITING standards; FINANCIAL performance; INFERENCE (Logic); COMMAND &; control systems
- Publication
Accounting Review, 1982, Vol 57, Issue 1, p141
- ISSN
0001-4826
- Publication type
Article