Koszt badania jakości informacji finansowej spółek notowanych na giełdzie papierów wartościowych w Warszawie względem ich sytuacji finansowej
The Cost of Quality Testing of Financial Information of Companies Used in the Securities Market in Warsaw on their Financial Situation

Summary/Abstract: The purpose of this article is to analyze costs incurred by listed companies to provide financial data validated by an auditor and present to what extent the company's financial situation affects costs paid to the auditors. In order to perform the abovementioned analysis, the article presents the conclusions of the econometric model in which the costs of the mandatory audit of financial statements of companies listed on the Stock Exchange in Warsaw was taken as dependent variable, and as explanatory variables the basic indicators / financial data of those companies were taken. Interpretation of parameters obtained from econometric model confirmed a positive correlation between the cost of the audit and the level of equity, achieved net profit and the overall debt ratio of the company.

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