審計機構對內控的審計意見對貸款決策的影響-------- 外文翻譯.doc
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審計機構對內控的審計意見對貸款決策的影響-------- 外文翻譯,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
我們測試了內部控制報告對貸款人員評價一家公司信譽的影響。我們認為，一個否定的內控審計意見會削弱企業(yè)的信用保證（該信用保證是由對整個財務報表的無保留意見帶來的），并且對貸款機構的信用評價產生副面影響。另外，我們觀察審計機構的規(guī)模大小是否對貸款機構的判斷有影響。我們收集了111家貸款機構并發(fā)現他們的判斷受內控有效性審計報告的影響。與收到無保留意見相比，當一家公司收到內控審計的否定意見時，貸款機構對擴大信用額度的風險評價以及擴大額度的可能性都會受到不利影響。我們沒有發(fā)現任何證據表明這樣一個事實：因為是四大審計機構出具的審計意見而弱化了這種影響。另外的分析表明：對內控的否定意見削弱了貸款決策中資產負債表和利潤表的重要性，并且削弱了貨款機構對企業(yè)財務報告是在公共會計原則基礎上編制出來的
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
我們測試了內部控制報告對貸款人員評價一家公司信譽的影響。我們認為，一個否定的內控審計意見會削弱企業(yè)的信用保證（該信用保證是由對整個財務報表的無保留意見帶來的），并且對貸款機構的信用評價產生副面影響。另外，我們觀察審計機構的規(guī)模大小是否對貸款機構的判斷有影響。我們收集了111家貸款機構并發(fā)現他們的判斷受內控有效性審計報告的影響。與收到無保留意見相比，當一家公司收到內控審計的否定意見時，貸款機構對擴大信用額度的風險評價以及擴大額度的可能性都會受到不利影響。我們沒有發(fā)現任何證據表明這樣一個事實：因為是四大審計機構出具的審計意見而弱化了這種影響。另外的分析表明：對內控的否定意見削弱了貸款決策中資產負債表和利潤表的重要性，并且削弱了貨款機構對企業(yè)財務報告是在公共會計原則基礎上編制出來的
