The Impact of New Disclosures in Audit Reports on Investor Decisions

Quality information as one of the relevant components, one of the elements of qualitative characteristics of information in the statement of financial accounting concepts No. 2 and also as one of the limitations of qualitative characteristics of information in the theoretical framework of Iran, shows the great importance of access to information and reports. Financially appropriate. In this regard, in making decisions of users using reliable information, it is important that the more and better the disclosure by auditors and CFOs, the more rational the decision-makers will make. Accordingly, the present study evaluates the impact of new disclosures in the audit report on investors' decisions for both professional and non-professional groups of accounting in 2020 using structural modeling. The results of the present study show that for non-professional and professional investors, the change in the type of audit report has a significant effect on the credibility of the company's management. This means that there is no difference in the degree of inference of professional and non-professional investors with the change in the type of auditor reporting on the level of credit of the company's management. This also applies to changes in the type of auditor's report and the quality of financial reporting, the independence of the auditor's views, the level of disclosure, and the amount of investment. The results also show that among professional and non-professional investors about changes in the importance of investment, about the level of corporate management credibility, changes in corporate management credibility,