摘要：In this article, we intend to examine the importance of external audit on the reliability of financial statements issued by small and medium-sized entities. We study the impact of auditor size on the procedures of the entity, the different types of risks they may face, an additive in the exercise of engagement and expression of his responsibilities after the audit opinion. The article is structured in three parts: the first part we performed an econometric analysis to study the evolution of GDP and the number of small and medium sized entities in Romania, for example, we chose the period 2000 to 2007 to define a univariate regression model. In the second part, we present some aspects of the environment in which small and medium-sized entities operating in Romania, supplemented by results of investigations. Then, we analyzed the general risks related entity specific risks, related to the nature of operations, the materiality, the continuity of the operation-specific factors that impact SMEs and scope of an audit. In the last part of the article, we present findings on the usefulness of the external auditor's report, especially regarding the decision to grant bank loans of small and medium enterprises.
关键词：Small and medium-sized entities; audit risk; materiality; going concern
