The auditor's opinion modifications around domestic and global financial crises

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Sultanoglu B., Mugan C. S., SEKERDAG U., ORAN A.

MEDITARI ACCOUNTANCY RESEARCH, vol.26, no.4, pp.622-639, 2018 (ESCI) identifier identifier

  • Publication Type: Article / Article
  • Volume: 26 Issue: 4
  • Publication Date: 2018
  • Doi Number: 10.1108/medar-08-2017-0199
  • Journal Indexes: Emerging Sources Citation Index (ESCI), Scopus
  • Page Numbers: pp.622-639
  • Keywords: Financial stress, Financial distress, Going-concern, Modified opinions, DISTRESS, PREDICTION, RATIOS, DECISIONS, COMPANIES
  • Middle East Technical University Affiliated: Yes


Purpose The purpose of this study is to investigate the effect of company characteristics such as the level of financial distress, client size and type of auditor on the propensity to issue modified audit opinions and to assess comparative differences in audit opinions during two significant economic crises in Turkey.