Auditing models for the detection of qualified audit opinions in the UK public services sector
AbstractWe develop classification models that could assist auditors during the examination of firms operating in the public services sector. The sample consists of 228 firms from the Health and Social work and the Education UK sectors. The models, both sector-specific and general ones, are developed with discriminant and logit analysis through a 10-fold cross-validation procedure. The models achieve a satisfactory accuracy in classifying financial statements as qualified or unqualified. The variables that are important across all models are the logarithm of total assets, the return on capital employed, and whether the auditor is one of the big four or not.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by Inderscience Enterprises Ltd in its journal Int. J. of Accounting, Auditing and Performance Evaluation.
Volume (Year): 3 (2006)
Issue (Month): 4 ()
Contact details of provider:
Web page: http://www.inderscience.com/browse/index.php?journalID=41
auditing; public services; discriminant analysis; logit analysis; qualified audit opinions; UK; United Kingdom; healthcare; heath sector; education; social work; financial statements.;
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Graham Langley).
If references are entirely missing, you can add them using this form.