Audit reporting for going-concern uncertainty: A research synthesis

E Carson, NL Fargher, MA Geiger… - Auditing: A Journal …, 2013‏ - publications.aaahq.org
The Securities and Exchange Commission, as a matter of policy, disclaims responsibility for
any private publication or statement by any of its employees. The views expressed herein …

Distressed firm and bankruptcy prediction in an international context: A review and empirical analysis of Altman's Z-score model

EI Altman, M Iwanicz-Drozdowska… - Available at SSRN …, 2014‏ - papers.ssrn.com
The purpose of this paper is firstly to review the literature on the efficacy and importance of
the Altman Z-Score bankruptcy prediction model globally and its applications in finance and …

Does audit report information improve financial distress prediction over Altman's traditional Z‐Score model?

N Muñoz‐Izquierdo, EK Laitinen… - Journal of …, 2020‏ - Wiley Online Library
We analyze empirically the usefulness of combining accounting and auditing data in order to
predict corporate financial distress. Concretely, we examine whether audit report information …

An investigation of recent changes in going concern reporting decisions among Big N and non-Big N auditors

LA Myers, J Schmidt, M Wilkins - Review of Quantitative Finance and …, 2014‏ - Springer
Corporate accounting failures and regulatory proceedings that led to the enactment of the
Sarbanes–Oxley Act of 2002 increased the scrutiny of auditors. We investigate whether …

Determinants of going concern opinions and audit fees for development stage enterprises

BP Foster, T Shastri - Advances in Accounting, 2016‏ - Elsevier
Startup entities have been the focus of much political and academic interest recently.
Development stage enterprises (DSEs), as defined by SFAS 7, are startup entities for which …

[HTML][HTML] Key ratios for long-term prediction of hotel financial distress and corporate default: Survival analysis for an economic stagnation

A Pelaez-Verdet, P Loscertales-Sanchez - Sustainability, 2021‏ - mdpi.com
Hospitality companies often face economic crises, which stress their financial structure. In
2008, Spanish hotels were jeopardized when the travelers' flows became stagnated, in …

Predicting financial distress amongst public listed companies in Malaysia using Altman's Z-Score model and auditors' opinion on going concern

HL Yee - 2018‏ - espace.curtin.edu.au
The framework used in this study, to predict financial distress amongst the Public Listed
Companies (PLCs) in Malaysia, utilizes the 5-variables Altman's Z-Score Model as the base …

Bankruptcy prediction for Korean firms after the 1997 financial crisis: using a multiple criteria linear programming data mining approach

W Kwak, Y Shi, G Kou - Review of Quantitative Finance and Accounting, 2012‏ - Springer
The main purpose of this paper is to evaluate the data mining applications, such as
classification, which have been used in previous bankruptcy prediction studies and credit …

Dynamization of bankruptcy models via indicator variables

T Nyitrai - Benchmarking: An International Journal, 2019‏ - emerald.com
Purpose The purpose of this paper is to enhance the predictive power of bankruptcy
prediction models by taking the past values of firms' financial ratios as benchmark. For this …

Credit risk prediction using support vector machines

JH Trustorff, PM Konrad, J Leker - Review of Quantitative Finance and …, 2011‏ - Springer
The main purpose of this paper is to examine the relative performance between least-
squares support vector machines and logistic regression models for default classification …