审计机构对内控的审计意见对贷款决策的影响-------- 外文翻译.doc
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审计机构对内控的审计意见对贷款决策的影响-------- 外文翻译,abstractwe examine the effect of internal control reports on lending officers’ assessments of a company’s creditworthiness. we suggest that an advers...
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Abstract
We examine the effect of internal control reports on lending officers’ assessments of a company’s creditworthiness. We suggest that an adverse internal control opinion can undermine the assurance provided by an unqualified opinion on financial statements taken as a whole and have a negative affect on lenders’ assessments. In addition, we investigate whether auditor size plays a role in determining the effect on lenders’ judgments. We gather data from 111 loan officers and find that their judgments are affected by the auditor’s report on the effectiveness of internal controls. The lenders’ assessment of the risk of extending a line of credit and the probability of extending the line of credit are negatively affected when the company receives an adverse internal control opinion as compared to an unqualified one. We do not find any evidence that the effect is lessened by the use of a Big Four 、
摘要
我们测试了内部控制报告对贷款人员评价一家公司信誉的影响。我们认为，一个否定的内控审计意见会削弱企业的信用保证（该信用保证是由对整个财务报表的无保留意见带来的），并且对贷款机构的信用评价产生副面影响。另外，我们观察审计机构的规模大小是否对贷款机构的判断有影响。我们收集了111家贷款机构并发现他们的判断受内控有效性审计报告的影响。与收到无保留意见相比，当一家公司收到内控审计的否定意见时，贷款机构对扩大信用额度的风险评价以及扩大额度的可能性都会受到不利影响。我们没有发现任何证据表明这样一个事实：因为是四大审计机构出具的审计意见而弱化了这种影响。另外的分析表明：对内控的否定意见削弱了贷款决策中资产负债表和利润表的重要性，并且削弱了货款机构对企业财务报告是在公共会计原则基础上编制出来的
We examine the effect of internal control reports on lending officers’ assessments of a company’s creditworthiness. We suggest that an adverse internal control opinion can undermine the assurance provided by an unqualified opinion on financial statements taken as a whole and have a negative affect on lenders’ assessments. In addition, we investigate whether auditor size plays a role in determining the effect on lenders’ judgments. We gather data from 111 loan officers and find that their judgments are affected by the auditor’s report on the effectiveness of internal controls. The lenders’ assessment of the risk of extending a line of credit and the probability of extending the line of credit are negatively affected when the company receives an adverse internal control opinion as compared to an unqualified one. We do not find any evidence that the effect is lessened by the use of a Big Four 、
摘要
我们测试了内部控制报告对贷款人员评价一家公司信誉的影响。我们认为，一个否定的内控审计意见会削弱企业的信用保证（该信用保证是由对整个财务报表的无保留意见带来的），并且对贷款机构的信用评价产生副面影响。另外，我们观察审计机构的规模大小是否对贷款机构的判断有影响。我们收集了111家贷款机构并发现他们的判断受内控有效性审计报告的影响。与收到无保留意见相比，当一家公司收到内控审计的否定意见时，贷款机构对扩大信用额度的风险评价以及扩大额度的可能性都会受到不利影响。我们没有发现任何证据表明这样一个事实：因为是四大审计机构出具的审计意见而弱化了这种影响。另外的分析表明：对内控的否定意见削弱了贷款决策中资产负债表和利润表的重要性，并且削弱了货款机构对企业财务报告是在公共会计原则基础上编制出来的
