公司业绩,盈余不确定性与审计意见——来自中国上市公司的经验证据

Financial Performance,Earnings Uncertainty and Audit Opinion—The Empirical Evidence from Chinese Listing Companies

文章研究了公司业绩、盈余不确定性与审计师出具审计意见类型之间的关系。通过检验2000—2014年我国A股上市公司的业绩增长、盈余不确定性和审计师出具的审计意见,研究发现:第一,相比于业绩增长较高的上市公司,业绩增长较低或者业绩增长为负的上市公司其盈余不确定性更大;第二,相比于盈余不确定性较低的上市公司,审计师更倾向于对盈余不确定性较高的上市公司出具非标准无保留审计意见。文章的研究结果表明:审计师出具的审计意见充分考虑了上市公司的盈余不确定性,而盈余不确定性则来源于上市公司业绩的变动。

This paper studies the relationship between financial performance,earnings uncertainty and audit opinions. Through the test of Chinese listing companies’ earnings growth, earnings uncertainty and audit opinions issued by auditors during2001—2014, we found: First, those listing companies whose earnings growth is low or negative have high earnings uncertainty;Second, auditors tend to issue unqualified audit opinion to those companies whose earnings uncertain are high. The results of this study indicate that: Auditors’ opinions consider listing companies’ earnings uncertainty,and earnings uncertainty comes from financial performance changes.