經理人過度自信與重建計畫對審計報告之影響

Abstract

本研究主要探討會計師在評估繼續經營假設疑慮時，除了考量重建計畫之內容外，是否也會由於經理人的過度自信，改變其出具經營假設疑慮之審計報告。本研究以2002-2012 年美國S&P1500 財務困境之公司做為樣本，實證結果顯示，會計師在評估不同類型之重建計畫以出具繼續經營假設疑慮之報告時，會由於經理人之過度自信，影響會計師對重建計畫的評估，過度自信之經理人採取能產生短期現金流量之策略性重建計畫或長期性之策略性重建計畫時，會減輕會計師出具繼續經營假設有重大疑慮之審計報告的可能性，營運性重建計畫則不會影響會計師對於繼續經營能力之考量。

The objective of this research is to investigate the effect of CEO’s overconfidence and different turnaround plan on the auditor‘s audit report decision. Using a sample of 2002-2012 S&P 1500 distressed firms, The empirical results show that when overconfidence CEO imply both short-term cash flow potential and long-term cash flow potential strategic turnaround plan, will have a mitigating impact on the auditor’s going concern decision. The results suggest that auditor will include CEO’s overconfidence factor in the evaluation of strategic and operating turnaround plan and have different impact on the auditor’s going concern decision.