Type of CPA Firm Association with Financial Statements and Commercial Lending Judgments

• 作者: Arnold Schneider
• 来源期刊: 现代会计与审计:英文版
• 学科: 经济
• 关键词: commercial lending compilations REVIEWS audits
• 年，卷（期）: 2020,（11）
• 页码范围: 514-521
• 页数: 8页
• 分类号: F23

摘要

This study examines whether the level of Certified Public Accounting(CPA)firm assurance associated with financial statements affects commercial lending decisions.A between-subjects behavioral experiment is used with three conditions involving different levels of CPA firm assurance—compilations,reviews,and audits.Findings indicate that neither the lenders’risk assessments of loan applicants nor their elicited probabilities of granting credit differed among the three levels of CPA firm assurance.