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dc.contributor.authorOsman, Mohammad Noor Hisham-
dc.contributor.authorAbdul Latiff, Ahmed Razman-
dc.contributor.authorMat Daud, Zaidi-
dc.contributor.authorMuhamad Sori, Zulkarnain-
dc.contributor.authorTurmin, Siti Zaidah-
dc.date.accessioned2019-08-20T01:28:03Z-
dc.date.available2019-08-20T01:28:03Z-
dc.date.issued2018-
dc.identifier.citationOsman, Mohammad Noor Hisham and Abdul Latiff, Ahmed Razman and Mat Daud, Zaidi and Muhamad Sori, Zulkarnain and Turmin, Siti Zaidah. (2018). Possible impact of the latest international standard of auditing 570 on the rate of going concern opinion issuance in Malaysia. Journal of Technology Management and Business, 5 (2), pp. 78-84.en_US
dc.identifier.issn2289-7224-
dc.identifier.urihttp://penerbit.uthm.edu.my/ojs/index.php/jtmb-
dc.identifier.urihttps://ikr.inceif.org/handle/INCEIF/3079-
dc.description.abstractAuditors are required to issue going concern opinion (GC opinion) to companies that are incapable to continue their operations in the near future. It is very important for auditors to issue the GC opinion properly because such opinion is the only signal from them on the viability of a company. Investors need such signal before they can make good investment decisions. In Malaysia however, auditors do not want to issue GC opinion to a very large percentage of financially distressed companies. This motivates this paper to discuss the impact of the latest ISA 570 (2016) on GC opinion issuance rate in this country. Overall, we are in the opinion that there is no strong ground to expect the new ISA 570 (2016) to reduce the problem of Malaysian auditors do not issue the GC opinion to many financially distressed companies. This is due to no new stricter measures being introduced in the latest auditing standard. Nonetheless, we propose four actions that can be taken by Malaysian policy makers and standard setters if they want to improve the rate and practice of GC opinion issuance.en_US
dc.languageEnglish-
dc.language.isoenen_US
dc.publisherPenerbit UTHMen_US
dc.rights2018. Penerbit UTHM-
dc.sourceSEDONA-
dc.subjectAudit qualityen_US
dc.titlePossible impact of the latest international standard of auditing 570 on the rate of going concern opinion issuance in Malaysiaen_US
dc.typeJournal Articleen_US
ikr.topic.maintopicConventional financeen_US
ikr.doctypeScholarly Works-
Appears in Collections:Journal Article


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  • Full metadata record
    DC FieldValueLanguage
    dc.contributor.authorOsman, Mohammad Noor Hisham-
    dc.contributor.authorAbdul Latiff, Ahmed Razman-
    dc.contributor.authorMat Daud, Zaidi-
    dc.contributor.authorMuhamad Sori, Zulkarnain-
    dc.contributor.authorTurmin, Siti Zaidah-
    dc.date.accessioned2019-08-20T01:28:03Z-
    dc.date.available2019-08-20T01:28:03Z-
    dc.date.issued2018-
    dc.identifier.citationOsman, Mohammad Noor Hisham and Abdul Latiff, Ahmed Razman and Mat Daud, Zaidi and Muhamad Sori, Zulkarnain and Turmin, Siti Zaidah. (2018). Possible impact of the latest international standard of auditing 570 on the rate of going concern opinion issuance in Malaysia. Journal of Technology Management and Business, 5 (2), pp. 78-84.en_US
    dc.identifier.issn2289-7224-
    dc.identifier.urihttp://penerbit.uthm.edu.my/ojs/index.php/jtmb-
    dc.identifier.urihttps://ikr.inceif.org/handle/INCEIF/3079-
    dc.description.abstractAuditors are required to issue going concern opinion (GC opinion) to companies that are incapable to continue their operations in the near future. It is very important for auditors to issue the GC opinion properly because such opinion is the only signal from them on the viability of a company. Investors need such signal before they can make good investment decisions. In Malaysia however, auditors do not want to issue GC opinion to a very large percentage of financially distressed companies. This motivates this paper to discuss the impact of the latest ISA 570 (2016) on GC opinion issuance rate in this country. Overall, we are in the opinion that there is no strong ground to expect the new ISA 570 (2016) to reduce the problem of Malaysian auditors do not issue the GC opinion to many financially distressed companies. This is due to no new stricter measures being introduced in the latest auditing standard. Nonetheless, we propose four actions that can be taken by Malaysian policy makers and standard setters if they want to improve the rate and practice of GC opinion issuance.en_US
    dc.languageEnglish-
    dc.language.isoenen_US
    dc.publisherPenerbit UTHMen_US
    dc.rights2018. Penerbit UTHM-
    dc.sourceSEDONA-
    dc.subjectAudit qualityen_US
    dc.titlePossible impact of the latest international standard of auditing 570 on the rate of going concern opinion issuance in Malaysiaen_US
    dc.typeJournal Articleen_US
    ikr.topic.maintopicConventional financeen_US
    ikr.doctypeScholarly Works-
    Appears in Collections:Journal Article


  • possible_impact_of_the_latest_international_standard_Zulk...
    • Size : 296,26 kB

    • Format : Adobe PDF

    • View : 
    • Download :