Audit Opinion Score Dataset

<p>Please read the Code Book.</p> <p>Author: Tomohiro Hosoi</p> <p>&nbsp;</p> <p>1. About the Dataset</p> <p>This dataset contains information on the Auditor General South Africa&rsquo;s audit opinions based on the Public Finance Management Act (PFMA) and Municipal Finance Management Act (MFMA). The dataset aims to understand the trend of audit opinion.</p> <p>&nbsp;</p> <p>2. Procedure</p> <ul> <li>The Auditor General gives five audit opinions. Namely, (i) unqualified with no findings; (ii) unqualified with findings; (iii) qualified; (iv) adverse; (v) disclaimed; (vi) outstanding.</li> <li>Sheets named &ldquo;PFMA_Original&rdquo; and &ldquo;MFMA_Original&rdquo; are records of these audit opinions.</li> <li>The coder gives each opinion score based on the following rule; (i) unqualified with no findings is 5 points; (ii) unqualified with findings is 4 points; (iii) qualified is 3 points; (iv) adverse is 2 points; (v) disclaimed is 1 point; (vi) outstanding is 0 point.</li> <li>Sheets named &ldquo;PFMA_Score&rdquo; and &ldquo;MFMA_Score&rdquo; were records of these points.</li> </ul>