دانلود رایگان مقاله انگلیسی مطالعات در مورد تاثیر اطلاعات حسابداری و اطمینان در قضاوت های وام های تجاری - الزویر 2018

Abstract

This paper reviews studies that have examined how accounting information impacts commercial lending judgments. Issues discussed involve the usefulness of accounting data in lending decisions, effects of different accounting methods on lenders’ judgments, bankruptcy and default judgments, and decision processes pertaining to the use of accounting information in lending decisions. Additionally, the paper reviews the research on how audits and other forms of assurance influence commercial loan officers’ judgments. Topics include the way perceived auditor independence influences loan officers’ judgments, the impact of financial statement audits and audit opinions on lending decisions, how internal control reports and other CPA firm reports influence loan decisions, ways in which audit report disclosures and wording impact lending decisions, how perceived auditor quality affects lending decisions, and the effects of limited assurance engagements on loan officers’ judgments.

CONCLUSION AND FUTURE RESEARCH

This paper has examined two streams of commercial lending research. The first involves how accounting information impacts lending judgments, with most of the studies focusing on the usefulness of accounting data or the effects of different accounting methods on loan officers’ decisions. Other studies involve lenders’ bankruptcy/default judgments or their decision processes. The second research stream deals with the effects of various forms of assurance services on lending judgments. Most of these studies investigate issues relating to providing audits, internal control reports, and limited assurance engagements. Other studies on the effects of assurance services mainly focus on the independence or quality of the assurance providers.

Notably absent in the body of literature dealing with how accounting information impacts lending judgments is research on the effects of GAAP versus International Financial Reporting Standards. Also, no studies have examined lenders’ judgments concerning GAAP measures versus their related non-GAAP measures. In the area of assurances services, research has focused on external audits, but is lacking on the impact of internal auditing on lending decisions. Future research should address whether the existence and quality of a loan applicant’s internal audit function matters to lenders.