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PurposeThe main objective of the present study is to assess the potential impact of readability of financial statement notes on the auditor's report lag, audit fees and going concern opinion (GCO).Design/methodology/approachThe statistical population of this study includes all listed firms on the Tehran Stock Exchange (TSE) for the period of 2012–2017. The systematic elimination method is used for sampling and multiple regression and EViews software are used for testing the hypothesis models.FindingsThe obtained results show that there is a significant and positive relationship between audit report lags and readability of financial statements. Moreover, it is also revealed that readability of financial statements is positively associated with audit fees. Furthermore, the findings suggest a negative correlation between readability indexes and issuing GCOs, denoting hard-to-read statements is considered as a risk factor by auditors. Finally, the observations of our robustness tests suggest that the association between audit report lag and readability of financial statements is robust.Originality/valueThis is the first conducted investigation concerning auditor's response to the readability of financial statement notes in TSE. The outcome of current paper may pave the way for revising and developing Iranian accounting standards in order to give a fairer and clearer picture of financial reports.

The purpose of the present study is to investigate the relationship between Managerial overconfidence and vehicle and parts manufacturing firm value...

The purpose of the present study is to investigate the audit quality and Investment efficiency of the listed companies on the Tehran Stock Exchange...

This paper explores the views of managers and independent auditors to audit institutes and organizations associated with the need for a new report entitled Report of the useful internal controls and its impact on the overall improvement of financial reporting, to compare the deals. The method used descriptive survey. According to the study population consisted of directors of listed companies in Tehran Stock Exchange as well as auditors and audit organizations working in the public audit firms and certified public accountants Iran is the Securities and Exchange. The required information was collected using a questionnaire. To analyze the data from the test was used to compare means. The results show that managers and auditors have focused on the usefulness of this type of report. Administrators voluntary reporting on internal control, management, financial reporting improves. The auditors also believe that mandatory reporting of management on internal control, financial reporting does not improve. Other results show that between administrators and auditors in connection with the internal control reporting, there is a significant difference.

The aim of this study was to test the relationship between intellectual capital efficiency and profitability is. In this context, the performance of companies using intellectual capital, intellectual capital developed Pulic value is calculated. The impact on corporate profitability (net income, return on equity, return on assets and earnings per share) using panel data regression was assessed. Four years of data (2007-2010) Tehran Stock Exchange 100 member companies (458 companies - years) from they sometimes provide audited financial forms were obtained to calculate human capital, structural capital and physical capital was used. Evidence shows the state if the intellectual capital calculation, positive relationship with the company's profitability. The findings of multivariate regression analysis showed a significant role in explaining each of the components of intellectual capital to profitable companies. In particular, structural capital, intellectual capital as a key part, has had the greatest impact on profitability. Physical capital has a positive relationship with all four indicators of profitability is optional. The results will help to understand the role of intellectual capital to create value in companies and special incentives that intellectual capital Profitability impact is detected.

Voluntary disclosure and transparency can preserve the interests of shareholders, and the company's performance improves. in this paper, the importance of transparency in financial reporting and expressed its limitations and quality of disclosure and transparency, we express and at the end of the importance and benefits of voluntary disclosure, as well as major issues and the impact of voluntary disclosure of information in the market. we will examine.

Lending and public funds for political purposes, taxation, etc., require reports on new and authentic. Increase the number of uses and users of financial reports, information and capital and money market boom, accounting and auditing the objective of meeting the needs of a limited number of owners of capital to meet the needs of the community, has been upgraded. The audit will validate the information contained in the financial statements that are prepared by accountants. Audit process of accountability, and accountability requires the establishment of a social welfare system. With such interpretations role in auditing and accounting features are outstanding (Derby, 1388). To improve the reporting procedure, it is essential that the performance, resource utilization and costs and income related record. Evidence must be documented to prove liability is fully done. After thorough research and a comprehensive learning and accountability, the proposed system must be responsive to environmental, structural responsive, honest behavior and control systems have responsibility (Qu, 2006).