Please use this identifier to cite or link to this item:
Title: Audit Firms, Deferred Taxation and Financial Reporting : The Case of The Athens Stock Exchange
Authors: Evangelos Chytis 
John Filos 
Periklis Tagkas 
Maria Rodosthenous 
Keywords: Taxation;IAS/IFRS;Auditing
Issue Date: Jun-2016
Publisher: IGI Global
Abstract: The purpose of this paper is the sectoral analysis and evaluation of the external audit reports in relation to the amounts of deferred taxes on the balance sheets of listed companies in the Athens Stock Exchange (ASE). External auditors participate significantly in the preparation of financial reporting, reducing agency problems and aiding acceptance of such information by the users as reliable. The “unqualified” audit reports correspond to more than two thirds of the total, while in the banking sector there is no “unqualified” (ie without even issue of „emphasis‟) Audit Report after 2011. More than two thirds of Deferred Tax Assets - including those from Loss Carryforwards - (DTA), Deferred Tax Liabilities (DTL), and Deferred Tax in the Income Statement appear on the Balance Sheets of the companies audited by the Big 5. Audit firms and supervisory authorities do not seem to have made satisfactory evaluation and exploitation of this information.
ISSN: 2334-4628
Appears in Collections:Δημοσιεύσεις σε Περιοδικά

Show full item record

Google ScholarTM


Items in CRIS are protected by copyright, with all rights reserved, unless otherwise indicated.