تاثير بخش 340 استاندارد هاي حسابرسي (رسيدگي به اطلاعات مالي آتي)بر كيفيت پيش بيني سود

The effects of Auditing Standards (ASs) - section 340 (Examination of Prospective Financial Information) -on quality of management earnings forecasts

This research studies the effects of examination of prospective financial information on quality of management earnings forecasts, regarding the importance of management earnings forecasts in the capital market, and also the necessity of recognizing the value added of section 340 of ASs. In this case, the effect of this section of ASs on the earnings forecasts error, numbers of revision and stock price is tested. The test was conducted for examining the effects of enforcement of the section 340 of ASs on reducing earnings forecasts error and number of revisions for 86 listed companies during 13 82-13 86, which includes paired t-test. Furthermore, the tests include paired t-test and repeated measure design for examining the effects of enforcement of the section 340 for changing the stockʹs price for 25 listed companies during 1385-1386. Finally, the results show that enforcement of section 340 of ASs reduces the earnings forecasts error and do not lead to change the stockʹs price, but it reduces number of revisions.