Modified audit and financing statement in terms of merger and acquisition (a study in companies listed on the Tehran Stock Exchange)

The process of merger and acquisition is crystallized in the direction of corporate strategic and financial management of economic enterprises and in the form of strategic decisions of the company, on the one hand, is related to corporate financial issues and on the other hand, in terms of asset profitability, is related to corporate investment management. Also, according to the 700 Auditing Standard, providing useful information to users is one of the purposes of publishing financial statements, and auditors must provide accurate and reliable comments to stakeholders, and in the event of certain circumstances, their comments are modified (conditional, rejected). Or comment. In addition, corporate finance strategy is an important topic for financial and accounting scientists. In addition to science, financing is known as the art of financial managers. The purpose of this study is to evaluate the adjusted statement of audit and financing in terms of merger and acquisition in companies listed on the Tehran Stock Exchange. In this study, logistic regression has been used. All companies listed on the Tehran Stock Exchange are considered as statistical population and with the sampling, the number of statistical population of 89 companies (445 years-company) is limited. These companies have been studied during 5 financial years (2014-2017). The research findings show that if the company is funded by the sale of shares, auditors will need more downgraded downgrades, but less downside downgrades if the company is financed using debt will be.