1. Explain the steps in measuring the information content of qualified audit reports in the context of capital market research. 2. Discuss the essential findings of research studies in the US (notably...


1. Explain the steps in measuring the information content of qualified audit reports in the context of capital market research.


2. Discuss the essential findings of research studies in the US (notably Elliott (1982), Dodd
et al.
(1984), and Dopuch
et al.
(1986)). How do these results compare with those obtained in your own country?


3. In your opinion, to what extent does the information content of the audit report affect the decisions of: the company’s shareholders; the investors in financial market; and commercial bank officers?






May 18, 2022
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