Secondly, the lack of consensus about the effects of tenure on the likelihood of qualified reports jointly with the relevance of the issue, not only for researchers but also for policy makers, encourages additional research.
Poor liquidity is expected to increase the likelihood of qualified reports since it increases the auditor's litigation risk.
Accordingly, Big 4 auditors will have incentives to provide higher quality audits consistent with their brand name reputation, and thus are expected to show a higher propensity to issue qualified reports [e.
The number of qualified reports expressed in percentage of total reports ranges between a maximum of 22% the year 2001 and a minimum of 8% the year 2006.
In addition, firms with qualified reports are engaged in relatively short term engagements with the audit firm.
As hypothesized, the likelihood of qualified reports is lower for companies enjoying high levels of liquidity.
They can concentrate on creating qualified reports
with professional tools.
Individuals who provide qualified reports
of software piracy are eligible to receive up to $1 million in a cash reward, though most decline the reward, the press release said.
In November, the full text of the Auditor's Report for qualified reports
and a new company status field will be added to the Database.
Each scope paragraph in the 17 audit reports appeared to follow SAS 42 guidance with respect to stating the type of audit report rendered on the client's complete set of financial statements; 13 reports referred users to unqualified audit reports, three reports made reference to qualified reports
, and one report (American Management Systems) referred users to a report that was unqualified for each of three past years and qualified for each of two most recent years.
Although Magnus has not received sufficiently qualified reports
, the Company reasonably believes, based on other Chinese reports and existing data, that the property contains titanium mineralization of significant value.
We've always qualified reports
of threats and exploits so customers know how much stake to put in them.