Audit opinion is an important factor determining the reliability of financial statements. There have been
a lot of frauds stemming from information in financial reports that are caused by independent auditors
opinion. This article provides an overview of the factors influencing independent auditing opinions from
domestic as well as foreign studies to provide future research direction. The author uses the
methodology of secondary and international literature to synthesize the influence factors. The research
overview will provide a comprehensive review of academic research pertaining to factors, models, and
sample sizes that have been researched to help other researchers have a meaningful background and
considerations impact factors that need to be further tested.
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al. (2016), which tested the factors affecting the
assumed continuous audit opinions. The study is implemented using the Bianry Logistic
regression model with sample size of VN133 (companies listed on HOSE) from 2011 to
2014. Variables used in the model include: (1) Financial variables: financial ratio, liquidity,
profitability, operating ratio (2) Non-financial variables: size of enterprise, size of auditing
company, previous assumed continuous audit opinions. The accuracy of the model is 94%.
However, this work is limited by the number of samples which is only companies listed on
HOSE and the number of variables affects the unqualified audit opinion with the assumption
of continuous operation.
3. Conclusion
Auditors are always essential people and gotten particular interest to auditing
companies as well as those who use financial statements. On the side of auditing companies,
the verification and expression of financial statements of enterprises should be very careful
to avoid affecting the decisions of the users of the financial statements. On the side of the
users of the financial report, many of the scandals that have taken place have deep roots from
relying on audit opinions to make decisions. On the side of regulators, with the aim of
enhancing transparency for financial markets and competing in independent auditing, the
identification of factors affecting the audit opinion is necessary to have the appropriate
management policy.
This article summarizes studies in the world and in Vietnam is an important aspect
to study in Vietnam in the future. The author believes that this is an extraodinary exciting
topic, following the rapid development of Vietnam as well as of the world and especially
as the competition between auditing companies is getting fiercer, this topic will soon
become hot spots that will be paid much attention at conferences or economic forums in
Vietnam.
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