- Tytuł:
- Key Audit Matters reporting for Polish listed companies
- Autorzy:
-
Kutera, Małgorzata
Jędrzejczyk, Marcin - Powiązania:
- https://bibliotekanauki.pl/articles/53614745.pdf
- Data publikacji:
- 2024-06-17
- Wydawca:
- Stowarzyszenie Księgowych w Polsce
- Tematy:
-
key audit matters
auditing
auditors’ report
ISA 701
financial statement
risk - Opis:
- Purpose: The main purpose of the article is to identify and characterize the key audit matters (KAMs) indicated during an audit of the financial statements of the largest companies in the Polish market. Methodology/approach: We analyzed the KAMs presented in the verification of the consolidated financial statements of the 30 largest companies listed on the main market of the Warsaw Stock Exchange for 2014–2022. The total sample was 270 auditors’ reports. The basis of the methodology was empirical research; deductive and inductive reasoning were used to formulate the results. Findings: The number of KAMs reported in individual years did not fluctuate significantly, and the average number disclosed for one audit coincides with general global trends. The auditors reported the riskiest areas were for entities from the insurance sector, media and telecommunications, and the fuel industry. The most important KAMs include contingent liabilities, revenue, long-term assets, and goodwill. Research limitations/implications: The main constraint is the limited research sample relating only to the audit of the financial statements of WIG30 companies. However, it covers the largest entities for which auditors indicated the most KAMs and prepared their most extensive descriptions. Originality/value: The article concerns a relatively new research area for which there are few studies on the Polish market, which additionally have a narrow substantive scope. This paper comprehensively characterizes KAMs reported by auditors in the long term.
- Źródło:
-
Zeszyty Teoretyczne Rachunkowości; 2024, 48(2); 73-92
1641-4381
2391-677X - Pojawia się w:
- Zeszyty Teoretyczne Rachunkowości
- Dostawca treści:
- Biblioteka Nauki
Artykuł