Examining association between financial statements restatements with auditor switches

From investors view Financial statements Restatement، represent breakdown in financial reporting quality and auditing quality. In according to researcher opinion، independent auditor switch following financial statements restatements in response to pressure from stock market and restore firm investors'' confidence is done. This research is done to find an answer for this question: Do financial statements restatements are caused to switched independent auditor? Using listed companies in 1382 to 1391years (solar calendar) and with special sampling were tested this research hypothesis by logistic regression. Results show there is not any association between restatements with auditor turnovers. Also، results represent when restatements are more severe، there is positive association between restatements and auditor switches. The research results show there is the positive association between auditor switches and the corporate governance quality when financial statements restatements are important. At last، In according to research findings، negative stock return surrounding restatement announcement date in comparison with previous date is more.