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Qualified Audit Reports: Their Impact on Investment Decisions.

Published in The Accounting Review • Jul 1, 1978
NobleIDNI2P86W40R95S37
Authors:
Michael Firth

Abstract

Abstract ABSTRACT: The research involved measuring the information content of qualified audit reports on published accounts. The market model was used to measure the abnormal returns associated with various "types" of qualification. It was found that some types of audit qualification had a significa...

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