Authors : Mar?a Consuelo Pucheta Mart?nez and Antonio Vico Mart?nez
Abstract: This paper presents an empirical study of the degree to which audit reports provide information relevant to the evaluation of the companies commercial risk. To this end, an experimental study has been conducted based on a survey of commercial risk analysts employed in Spanish companies. The results indicate that the type of audit report (unqualified or qualified) does have an influence on commercial decisions taken by risk analysts. In particular, there are differences between an unqualified and qualified audit report if we analyse the following decisions: when commercial risk analysts decide to begin commercial relationships with another company, when they evaluate the risk of the commercial operation, when they demand additional guarantees beyond the normal and when they must decide the amount of commercial credit to grant to the possible client. On the other hand, the results have shown that the effect of the nature of the qualification differs depending on the decision to be taken by the commercial risk analysts.
Mar?a Consuelo Pucheta Mart?nez and Antonio Vico Mart?nez , 2005. The Relationship Between the Audit Report and the Commercial Decisions: Evidence from Spain . Pakistan Journal of Social Sciences, 3: 782-797.