title: ÐÐ½Ð°Ð»Ð¸Ð· Ð²Ð»Ð¸ÑÐ½Ð¸Ñ Ð¿ÑÐ±Ð»Ð¸ÐºÐ°ÑÐ¸Ð¸ Ð°ÑÐ´Ð¸ÑÐ¾ÑÑÐºÐ¾Ð³Ð¾ Ð·Ð°ÐºÐ»ÑÑÐµÐ½Ð¸Ñ Ð½Ð° Ð´Ð¾Ñ Ð¾Ð´Ð½Ð¾ÑÑÑ Ð°ÐºÑÐ¸Ð¹ (Ð½Ð° Ð¿ÑÐ¸Ð¼ÐµÑÐµ Ð±Ð°Ð½ÐºÐ¾Ð²ÑÐºÐ¾Ð³Ð¾ ÑÐµÐºÑÐ¾ÑÐ° Ð Ð¤)
title: Ð²ÑÐ¿ÑÑÐºÐ½Ð°Ñ ÐºÐ²Ð°Ð»Ð¸ÑÐ¸ÐºÐ°ÑÐ¸Ð¾Ð½Ð½Ð°Ñ ÑÐ°Ð±Ð¾ÑÐ° Ð±Ð°ÐºÐ°Ð»Ð°Ð²ÑÐ°
titleType: Subtitle
title: Analysis of the impact of the publication of the auditors report on share return (on the example of the banking sector of the Russian Federation)
Creators: name: ÐÐ»ÐµÐºÑÐµÐµÐ²Ð°, ÐÐ½Ð³ÐµÐ»Ð¸Ð½Ð°
Publisher: name: Ð¡Ð°Ð½ÐºÑ-ÐÐµÑÐµÑÐ±ÑÑÐ³ÑÐºÐ¸Ð¹ Ð¿Ð¾Ð»Ð¸ÑÐµÑÐ½Ð¸ÑÐµÑÐºÐ¸Ð¹ ÑÐ½Ð¸Ð²ÐµÑÑÐ¸ÑÐµÑ ÐÐµÑÑÐ° ÐÐµÐ»Ð¸ÐºÐ¾Ð³Ð¾
Year: 2023
Subjects: Ð´Ð¾Ñ Ð¾Ð´Ð½Ð¾ÑÑÑ Ð°ÐºÑÐ¸Ð¹
Ð°ÑÐ´Ð¸ÑÐ¾ÑÑÐºÐ¾Ðµ Ð·Ð°ÐºÐ»ÑÑÐµÐ½Ð¸Ðµ
ÑÐ¾Ð±ÑÑÐ¸Ð¹Ð½ÑÐ¹ Ð°Ð½Ð°Ð»Ð¸Ð·
Ð°ÑÐ´Ð¸ÑÐ¾ÑÑ Â«Ð±Ð¾Ð»ÑÑÐ¾Ð¹ ÑÐµÑÐ²ÐµÑÐºÐ¸Â»
ÑÐ¾ÑÑÐ¸Ð¹ÑÐºÐ¸Ð¹ ÑÐ¾Ð½Ð´Ð¾Ð²ÑÐ¹ ÑÑÐ½Ð¾Ðº
share return
auditors report
event-study analysis
âBig4â
russian stock market

description: Ð¦ÐµÐ»ÑÑ ÑÐ°Ð±Ð¾ÑÑ ÑÐ²Ð»ÑÐµÑÑÑ Ð¾ÑÐµÐ½ÐºÐ° Ð²Ð»Ð¸ÑÐ½Ð¸Ñ Ð¿ÑÐ±Ð»Ð¸ÐºÐ°ÑÐ¸Ð¸ Ð°ÑÐ´Ð¸ÑÐ¾ÑÑÐºÐ¾Ð³Ð¾ Ð·Ð°ÐºÐ»ÑÑÐµÐ½Ð¸Ñ Ð½Ð° Ð´Ð¾ÑÐ¾Ð´Ð½Ð¾ÑÑÑ Ð°ÐºÑÐ¸Ð¹ ÐºÐ¾Ð¼Ð¿Ð°Ð½Ð¸Ð¹ Ð±Ð°Ð½ÐºÐ¾Ð²ÑÐºÐ¾Ð³Ð¾ ÑÐµÐºÑÐ¾ÑÐ° Ð Ð¾ÑÑÐ¸Ð¸. ÐÑÐ»Ð¸ ÑÐµÑÐµÐ½Ñ ÑÐ»ÐµÐ´ÑÑÑÐ¸Ðµ Ð·Ð°Ð´Ð°ÑÐ¸: - Ð´Ð°Ð½Ð¾ Ð¾Ð¿ÑÐµÐ´ÐµÐ»ÐµÐ½Ð¸Ðµ Ð´Ð¾ÑÐ¾Ð´Ð½Ð¾ÑÑÐ¸ Ð°ÐºÑÐ¸Ð¹, ÑÐ°ÑÑÐ¼Ð¾ÑÑÐµÐ½Ñ Ð¼ÐµÑÐ¾Ð´Ñ ÑÐ°ÑÑÐµÑÐ°; - Ð²ÑÑÐ²Ð»ÐµÐ½Ñ ÑÐ°ÐºÑÐ¾ÑÑ, Ð²Ð»Ð¸ÑÑÑÐ¸Ðµ Ð½Ð° Ð´Ð¾ÑÐ¾Ð´Ð½Ð¾ÑÑÑ Ð°ÐºÑÐ¸Ð¹; - Ð¸Ð·ÑÑÐµÐ½Ð° ÑÑÐµÐ¿ÐµÐ½Ñ Ð¿ÑÐ¾ÑÐ°Ð±Ð¾ÑÐ°Ð½Ð½Ð¾ÑÑÐ¸ Ð²Ð¾Ð¿ÑÐ¾ÑÐ° Ð²Ð»Ð¸ÑÐ½Ð¸Ñ Ð¿ÑÐ±Ð»Ð¸ÐºÐ°ÑÐ¸Ð¸ Ð°ÑÐ´Ð¸ÑÐ¾ÑÑÐºÐ¾Ð³Ð¾ Ð·Ð°ÐºÐ»ÑÑÐµÐ½Ð¸Ñ Ð½Ð° Ð´Ð¾ÑÐ¾Ð´Ð½Ð¾ÑÑÑ Ð°ÐºÑÐ¸Ð¹; - Ð¾ÑÐ°ÑÐ°ÐºÑÐµÑÐ¸Ð·Ð¾Ð²Ð°Ð½Ð¾ Ð¿ÑÐ¾Ð²ÐµÐ´ÐµÐ½Ð¸Ðµ Ð°ÑÐ´Ð¸ÑÐ° Ð² Ð±Ð°Ð½ÐºÐ¾Ð²ÑÐºÐ¾Ð¼ ÑÐµÐºÑÐ¾ÑÐµ; - Ð¾Ð¿Ð¸ÑÐ°Ð½Ñ Ð¾ÑÐ¾Ð±ÐµÐ½Ð½Ð¾ÑÑÐ¸ ÑÐµÐ°Ð»Ð¸Ð·Ð°ÑÐ¸Ð¸ Ð±Ð°Ð½ÐºÐ¾Ð²ÑÐºÐ¾Ð³Ð¾ Ð°ÑÐ´Ð¸ÑÐ° Ð² Ð Ð¾ÑÑÐ¸Ð¸; - Ð¾Ð¿Ð¸ÑÐ°Ð½Ð° Ð¼ÐµÑÐ¾Ð´Ð¾Ð»Ð¾Ð³Ð¸Ñ Ð¿ÑÐ¾Ð²ÐµÐ´ÐµÐ½Ð¸Ñ ÑÐ¾Ð±ÑÑÐ¸Ð¹Ð½Ð¾Ð³Ð¾ Ð°Ð½Ð°Ð»Ð¸Ð·Ð°, ÐºÐ°Ðº Ð¼ÐµÑÐ¾Ð´Ð¾Ð»Ð¾Ð³Ð¸ÑÐµÑÐºÐ¾Ð¹ Ð¾ÑÐ½Ð¾Ð²Ñ Ð¸ÑÑÐ»ÐµÐ´Ð¾Ð²Ð°Ð½Ð¸Ñ; - Ð¾ÑÐ°ÑÐ°ÐºÑÐµÑÐ¸Ð·Ð¾Ð²Ð°Ð½Ð° Ð¸Ð½ÑÐ¾ÑÐ¼Ð°ÑÐ¸Ð¾Ð½Ð½Ð°Ñ Ð±Ð°Ð·Ð° Ð¸ÑÑÐ»ÐµÐ´Ð¾Ð²Ð°Ð½Ð¸Ñ; - ÑÐ°ÑÑÑÐ¸ÑÐ°Ð½Ð° Ð¾Ð¶Ð¸Ð´Ð°ÐµÐ¼Ð°Ñ Ð´Ð¾ÑÐ¾Ð´Ð½Ð¾ÑÑÑ Ð¸Ð·ÑÑÐ°ÐµÐ¼ÑÑ ÑÐµÐ½Ð½ÑÑ Ð±ÑÐ¼Ð°Ð³ Ñ Ð¿Ð¾Ð¼Ð¾ÑÑÑ ÑÐµÐ³ÑÐµÑÑÐ¸Ð¾Ð½Ð½ÑÑ Ð¼Ð¾Ð´ÐµÐ»ÐµÐ¹, Ð¾ÑÐ½Ð¾Ð²Ð°Ð½Ð½ÑÑ Ð½Ð° Ð¾ÑÑÐ°ÑÐ»ÐµÐ²Ð¾Ð¼/ÑÑÐ½Ð¾ÑÐ½Ð¾Ð¼ Ð¸Ð½Ð´ÐµÐºÑÐ°Ñ, Ð° ÑÐ°ÐºÐ¶Ðµ Ð½Ð° ÑÐ°Ð·Ð»Ð¸ÑÐ½ÑÑ Ð¾ÐºÐ½Ð°Ñ Ð½Ð°Ð±Ð»ÑÐ´ÐµÐ½Ð¸Ñ Ð¿ÑÐ¾Ð´Ð¾Ð»Ð¶Ð¸ÑÐµÐ»ÑÐ½Ð¾ÑÑÑÑ 30, 90 Ð¸ 250 Ð´Ð½ÐµÐ¹, Ð¾ÑÐµÐ½ÐµÐ½Ð¾ ÐºÐ°ÑÐµÑÑÐ²Ð¾ Ð¿Ð¾ÑÑÑÐ¾ÐµÐ½Ð½ÑÑ Ð¼Ð¾Ð´ÐµÐ»ÐµÐ¹, Ð¿ÑÐ¾Ð²ÐµÐ´ÐµÐ½Ð¾ ÑÑÐ°Ð²Ð½ÐµÐ½Ð¸Ðµ ÑÐµÐ·ÑÐ»ÑÑÐ°ÑÐ¾Ð²; - Ð¾Ð¿ÑÐµÐ´ÐµÐ»ÐµÐ½Ð°, ÐµÑÑÑ Ð»Ð¸ ÑÐ°Ð·Ð½Ð¸ÑÐ° Ð²Ð¾ Ð²Ð»Ð¸ÑÐ½Ð¸Ð¸ Ð¿ÑÐ±Ð»Ð¸ÐºÐ°ÑÐ¸Ð¸ Ð°ÑÐ´Ð¸ÑÐ¾ÑÑÐºÐ¾Ð³Ð¾ Ð·Ð°ÐºÐ»ÑÑÐµÐ½Ð¸Ñ ÐºÐ¾Ð¼Ð¿Ð°Ð½Ð¸ÐµÐ¹, Ð²ÑÐ¾Ð´ÑÑÐµÐ¹ Ð¸ Ð½Ðµ Ð²ÑÐ¾Ð´ÑÑÐµÐ¹ Ð² Â«Big4Â». ÐÐºÑÑÐ°Ð»ÑÐ½Ð¾ÑÑÑ ÑÐµÐ¼Ñ Ð¾Ð¿ÑÐµÐ´ÐµÐ»ÑÐµÑÑÑ Ð½ÐµÐ´Ð¾ÑÑÐ°ÑÐºÐ¾Ð¼ Ð¾ÑÐµÑÐµÑÑÐ²ÐµÐ½Ð½ÑÑ Ð¸ÑÑÐ»ÐµÐ´Ð¾Ð²Ð°Ð½Ð¸Ð¹ Ð¿Ð¾ ÑÐ¾Ð¾ÑÐ²ÐµÑÑÑÐ²ÑÑÑÐµÐ¹ ÑÐµÐ¼Ðµ. ÐÑÑÐ¾ÑÐ½Ð¸ÐºÐ°Ð¼Ð¸ Ð¸Ð½ÑÐ¾ÑÐ¼Ð°ÑÐ¸Ð¸ Ð²ÑÑÑÑÐ¿Ð¸Ð»Ð¸ Ð´Ð°Ð½Ð½ÑÐµ Ð¾ÑÐµÑÐµÑÑÐ²ÐµÐ½Ð½Ð¾Ð¹ Ð¸ Ð·Ð°ÑÑÐ±ÐµÐ¶Ð½Ð¾Ð¹ Ð½Ð°ÑÑÐ½Ð¾-Ð¸ÑÑÐ»ÐµÐ´Ð¾Ð²Ð°ÑÐµÐ»ÑÑÐºÐ¾Ð¹ Ð»Ð¸ÑÐµÑÐ°ÑÑÑÑ, Ð¾ÑÐ¸ÑÐ¸Ð°Ð»ÑÐ½ÑÑ ÐÐ½ÑÐµÑÐ½ÐµÑ-ÑÐµÑÑÑÑÐ¾Ð² Ð¸ Ð°Ð½Ð°Ð»Ð¸ÑÐ¸ÑÐµÑÐºÐ¸Ñ Ð°Ð³ÐµÐ½ÑÑÑÐ². ÐÐ½Ð°Ð»Ð¸Ð· Ð²Ð»Ð¸ÑÐ½Ð¸Ñ Ð¿ÑÐ±Ð»Ð¸ÐºÐ°ÑÐ¸Ð¸ Ð°ÑÐ´Ð¸ÑÐ¾ÑÑÐºÐ¾Ð³Ð¾ Ð·Ð°ÐºÐ»ÑÑÐµÐ½Ð¸Ñ Ð½Ð° Ð´Ð¾ÑÐ¾Ð´Ð½Ð¾ÑÑÑ Ð°ÐºÑÐ¸Ð¹ ÐºÐ¾Ð¼Ð¿Ð°Ð½Ð¸Ð¹ Ð±Ð°Ð½ÐºÐ¾Ð²ÑÐºÐ¾Ð³Ð¾ ÑÐµÐºÑÐ¾ÑÐ° Ð Ð¾ÑÑÐ¸Ð¹ÑÐºÐ¾Ð¹ Ð¤ÐµÐ´ÐµÑÐ°ÑÐ¸Ð¸ Ð¿ÑÐ¾Ð²Ð¾Ð´Ð¸Ð»Ð°ÑÑ Ñ Ð¿Ð¾Ð¼Ð¾ÑÑÑ Ð¿Ð°ÐºÐµÑÐ° MS Office (Excel).
description: The given work is devoted to the evaluation of the impact of the audit observation results on profitability of shares of the Russian banking sector. The research set the following goals: - to define âshares returnâ and to consider methods of calculating shares return; - to identify factors affecting shares return; - to examine the extent to which the impact of the publication on auditorâs report on shares return is investigated; - to describe the audit in the banking sector, to give basic concepts, goals and objectives if the audit in the banking sector; - to describe the features of implementation of the bank audit in Russia; - to describe the methodology for the Event-Study analysis as the methodological basis of the study; - to describe information base of the study; - to calculate the expected return of the studied shares using regression models based on industry / market indices, as well as on various observation windows of 30, 90 and 250 days, evaluate the quality of the constructed models, compare the results; - to determine whether there is a difference in the impact of publishing an audit report by a Big4 and non-Big4 company on shares return. The relevance of the topic is determined by the lack of domestic research on the relevant topic. The sources of information were data from domestic and foreign research literature, official Internet resources and analytical agencies. The analysis of the impact of the publication of the auditorâs report on share return of the Russian banking sector companies was carried out using the MS Office package (Excel).