The information content of the uncertainty-modified audit report: Evidence from bank loan officers

Accounting Horizons

Volumn 11, Issue 2, 1997, Pages 1-11

  Bamber, E Michael ^a   Stratton, Richard A ^b  

^a UNIVERSITY OF GEORGIA   (United States)

^b Bob Jones University   (United States)

Author keywords

Because of confidentially assurances with the participating banks; Data are available from the first author in summary form only

Indexed keywords

EID: 0001840960     PISSN: 08887993     EISSN: 15587975     Source Type: Journal    
DOI: None     Document Type: Article

References (22)

1. Abdel-khalik, A. R., P. R. Graul, and J. D. Newton. 1986. Reporting uncertainty and assessment of risk: Replication and extension in a Canadian setting. Journal of Accounting Research 24: 372-382.
2. American Institute of Certified Public Accountants (AICPA). 1988. Reports on Audited Financial Statements. Statement on Auditing Standards No. 58. New York, NY: AICPA.
3. American Institute of Certified Public Accountants. 1995. Amendment to Statement on Auditing Standards No. 58, "Reports on Audited Financial Statements." Statement on Auditing Standards No. 79. New York, NY: AICPA.
4. Bailey, K. E., J. H. Bylinski, and M. D. Shields. 1983. Effects of audit report wording changes on the perceived message. Journal of Accounting Research 21: 355-370
5. Carmichael, D. R., W. F. Messier, Jr., J. Mutchler, K. Pany, and J. Sullivan. 1995. Communications with users, In Auditing Practice, Research, and Education: A Productive Collaboration, edited by T. B. Bell and A. M. Wright. New York, NY: AICPA.
6. Commission on Auditors' Responsibilities (Cohen Commission). 1978. Report, Conclusions, and Recommendations. New York, NY: AICPA.
7. Fields, L. P., and M. S. Wilkins. 1991. The information content of withdrawn audit qualifications: New evidence on the value of "subject-to" opinions. Auditing: A Journal of Practice & Theory 11: 62-69.
8. Firth, M. 1979. Qualified audit reports and bank lending decisions. Journal of Bank Research 9:237-241.
9. -. 1980. A note on the impact of audit qualifications on lending and credit decisions. Journal of Banking and Finance 4: 258-267.
10. Frost, C. A. 1991. Loss contingency reports and stock prices: A replication and extension of Banks and Kinney. Journal of Accounting Research 29: 157-169.
11. -. 1994. Uncertainty-modified audit reports and future earnings. Auditing: A Journal of Practice & Theory 13: 22-35.
12. Gul, F. A. 1987. The effects of uncertainty reporting on lending officers' perceptions of risk and additional information required. Abacus 23:172-181.
13. Hoch, S. J., and J. E. Tschirgi. 1983. Cue redundancy and extra logical inferences in a deductive reasoning task. Memory and Cognition 11: 200-209.
14. -, and-. 1985. Logical knowledge and cue redundancy in deductive reasoning. Memory and Cognition 13: 453-462.
15. Houghton, K. A. 1983. Audit reports: Their impact on the loan decision process and outcome: An experiment. Accounting and Business Research 66:15-20.
16. Konrath, L. F. 1985. Uncertainty and the subject-to qualification: The auditor's responsibility. Journal of Accountancy 159: 132-139.
17. Libby, R. 1979a. Bankers' and auditors' perceptions of the message communicated by the audit report. Journal of Accounting Research 17: 99-122.
18. -. 1979b. The impact of uncertainty reporting on the loan decision. Journal of Accounting Research 17 (Supplement): 35-57.
19. Loudder, M. L., I. K Khurana, R. B. Sawyers, C. Cordery, C. Johnson, J. Lowe, and R. Wunderle. 1992. The information content of audit qualifications. Auditing: A Journal of Practice & Theory 11: 69-82.
20. Miller, J. R., S. A. Reed, and R. H. Strawser. 1993. Bank loan officers' perceptions of the new audit report. Accounting Horizons 7: 39-52.
21. SAS Institute Inc. 1988. SAS/STAT User's Guide. Cary, NC: SAS.
22. Shank, J. K., J. F. Dillard, and R. J. Murdock. 1979. How financial executives regard "subject-to" opin-ions. Financial Executive 47: 28-35.