Statement

Totally agree

Agree

Neutral

Disagree

Totally disagree

Mean

STD

Degree of agreement

1) Is it preferable to deal with SMEs that do financial auditing for their financial reports?

N

171

80

24

1

-

4.53

0.668

Totally

agree

%

62%

29%

8.7%

0.4%

-

2) Are SMEs with audited financial statements have a lower cost of debt than others?

N

114

53

58

33

18

3.77

1.281

Agree

%

41.3%

19.2%

21%

12%

6.5%

3) Do auditor’s reports add more confidence to SMEs’ financial statements that apply for loans?

N

206

52

12

5

1

4.66

0.683

Totally

agree

%

74.4%

18.8%

4.3%

1.8%

0.4%

4) Do auditor’s reports enhance the chances of SMEs obtaining financing from banks?

N

205

48

16

5

2

4.63

0.740

Totally

agree

%

74.3%

17.4%

5.8%

1.8%

0.7%

5) Do mandatory audits for Egyptian SMEs increase their chances of obtaining financing from banks?

N

195

52

16

9

4

4.54

0.858

Totally

agree

%

70.7%

18.8%

5.8%

3.3%

1.4%

N = 276

Section 1: Financing opportunities

From Q1 - Q4

Weighted Mean

4.39

Totally

agree

STD. Deviation

0.565

Weighted Mean

4.42

Totally

agree

STD. Deviation

0.552