Rewizja finansowa jako podstawa obiektywizacji wyniku finansowego spółek giełdowych

• Autorzy: Piotr Wójtowicz

Warianty tytułu

Financial Audit as the Basis of Objectivity in Reporting the Financial Results of Public Companies

• Języki publikacji: PL

Abstrakty

Przedstawiono analizę dotyczącą zgodności wielkości ujawnianych w rachunkach zysków i strat (RZiS) przed i po rewizji sprawozdań finansowych. Główny nacisk położono na wartość wyniku finansowego netto. Zanalizowano dane z 2000-2003 roku pochodzące z RZiS spółek notowanych na Giełdzie Papierów Wartościowych w Warszawie.

EN

In this article, the author conducts a thorough analysis of the consistency of figures disclosed in income statements, in particular the net financial result, of companies quoted on the Warsaw Stock Exchange. Statements for 2000 and 2001 were prepared in compliance with the Accounting Law prior to its amendment on 9 November 2000, while statements for 2002 and 2003 were prepared according to the amended version. The author examined the frequency of corrections in income statement entries, as well as their trends and significance. The research covered companies involved in production, trade and non-financial services. The data came from income statements from before and after the annual audit of financial reports and were taken from the Notoria service databases. All companies for which data were available were selected for study. As it was not randomly drawn from all companies, it is not certain whether this sample was representative and the conclusions based thereon cannot be extrapolated onto other companies. The author found a satisfactory level of consistency of net profit in the examined sample. For about 70% of the companies, the correction in profit amounted at most to ±5% of the value of profit revealed after auditing the statements. Despite their high frequency, the majority of the corrections did not have a significant impact on the assessment of the quoted companies. The author noted a declining trend in the percentage of significant corrections, i.e., of over 10%, and in the average value of corrections. The average value of the net profit correction was negative, i.e., net profit was decreased following the audit. The consistency of net losses is significantly lower. The percentage of corrections was high and their scope extensive. For almost 50% of the companies the loss correction was at the most ±5%, and in about 40% of cases, the increase in the loss exceeded 109r. Losses after the audit increased annually, while the average correction in the following years declined .H. Beck, Warszawa. (original abstract)

Słowa kluczowe

PL

Rewizja sprawozdań finansowych; Wynik finansowy; Spółki; Giełda papierów wartościowych

EN

Review of financial statement; Financial performance; Companies; Stock market

• Czasopismo: Zeszyty Naukowe / Akademia Ekonomiczna w Krakowie
• Rocznik: 2007
• Numer: nr 735
• Strony: 83--100

Twórcy

autor

Piotr Wójtowicz

Bibliografia

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• Wójtowicz P. [2006]. Analiza zgodności sprawozdań finansowych spółek notowanych na Giełdzie Papierów Wartościowych w Warszawie, Zeszyty Naukowe AE w Krakowie, Kraków, nr 691.