Auditor related factors on audit report lag: the adoption of Malaysian Financial Reporting Standards (MFRS) / Muhammad Zamrin Maliki

The implementation of the new standards in accounting from IFRS in 2006 to MFRS in 2012 has presented a lot of challenges to auditors especially in timeliness and quality of the financial statement. In measuring timeliness of financial statement, audit report lag is the most important factor in repo...

Full description

Saved in:

Bibliographic Details
Main Author:	Maliki, Muhammad Zamrin
Format:	Thesis
Language:	English
Published:	2017
Subjects:	Auditing Auditors
Online Access:	https://ir.uitm.edu.my/id/eprint/90163/1/90163.pdf
Tags:	Add Tag No Tags, Be the first to tag this record!

id	my-uitm-ir.90163
record_format	uketd_dc
spelling	my-uitm-ir.901632024-02-21T04:31:23Z Auditor related factors on audit report lag: the adoption of Malaysian Financial Reporting Standards (MFRS) / Muhammad Zamrin Maliki 2017 Maliki, Muhammad Zamrin Auditing. Auditors The implementation of the new standards in accounting from IFRS in 2006 to MFRS in 2012 has presented a lot of challenges to auditors especially in timeliness and quality of the financial statement. In measuring timeliness of financial statement, audit report lag is the most important factor in reporting earnings of the company. Previous studies showed the adoption of new accounting standard have increased audit report lag and affected the timeliness of financial reporting. Thus, the objective of the research is to examine the effect of auditor related factors on audit report lag towards the adoption of Malaysian Financial Reporting Standards (MFRS).This research focuses on determining various auditor related factors including auditor industry specialization, auditor tenure, auditor type and auditor opinion. The sample size of the study consists of 1170 firm-year observations data for year 2010 to 2014 of 234 listed companies of Bursa Malaysia. Using panel data analysis, there is a significant positive relationship between auditor industry’ specialization and audit report lag. While, auditor type and auditor opinion showed significant negative relationship with the audit report lag. However, for the auditor tenure, there is no significant negative relationship between the auditor tenure and audit report lag. Future research should extend the number of company to all listed companies in Bursa Malaysia that are excluded the plantation, REITs and finance companies and adding on other variables such as non-audit services and auditor fee. 2017 Thesis https://ir.uitm.edu.my/id/eprint/90163/ https://ir.uitm.edu.my/id/eprint/90163/1/90163.pdf text en public masters Universiti Teknologi MARA, Terengganu Faculty of Accountancy Yaacob, Najihah Marha
institution	Universiti Teknologi MARA
collection	UiTM Institutional Repository
language	English
advisor	Yaacob, Najihah Marha
topic	Auditing Auditors
spellingShingle	Auditing Auditors Maliki, Muhammad Zamrin Auditor related factors on audit report lag: the adoption of Malaysian Financial Reporting Standards (MFRS) / Muhammad Zamrin Maliki
description	The implementation of the new standards in accounting from IFRS in 2006 to MFRS in 2012 has presented a lot of challenges to auditors especially in timeliness and quality of the financial statement. In measuring timeliness of financial statement, audit report lag is the most important factor in reporting earnings of the company. Previous studies showed the adoption of new accounting standard have increased audit report lag and affected the timeliness of financial reporting. Thus, the objective of the research is to examine the effect of auditor related factors on audit report lag towards the adoption of Malaysian Financial Reporting Standards (MFRS).This research focuses on determining various auditor related factors including auditor industry specialization, auditor tenure, auditor type and auditor opinion. The sample size of the study consists of 1170 firm-year observations data for year 2010 to 2014 of 234 listed companies of Bursa Malaysia. Using panel data analysis, there is a significant positive relationship between auditor industry’ specialization and audit report lag. While, auditor type and auditor opinion showed significant negative relationship with the audit report lag. However, for the auditor tenure, there is no significant negative relationship between the auditor tenure and audit report lag. Future research should extend the number of company to all listed companies in Bursa Malaysia that are excluded the plantation, REITs and finance companies and adding on other variables such as non-audit services and auditor fee.
format	Thesis
qualification_level	Master's degree
author	Maliki, Muhammad Zamrin
author_facet	Maliki, Muhammad Zamrin
author_sort	Maliki, Muhammad Zamrin
title	Auditor related factors on audit report lag: the adoption of Malaysian Financial Reporting Standards (MFRS) / Muhammad Zamrin Maliki
title_short	Auditor related factors on audit report lag: the adoption of Malaysian Financial Reporting Standards (MFRS) / Muhammad Zamrin Maliki
title_full	Auditor related factors on audit report lag: the adoption of Malaysian Financial Reporting Standards (MFRS) / Muhammad Zamrin Maliki
title_fullStr	Auditor related factors on audit report lag: the adoption of Malaysian Financial Reporting Standards (MFRS) / Muhammad Zamrin Maliki
title_full_unstemmed	Auditor related factors on audit report lag: the adoption of Malaysian Financial Reporting Standards (MFRS) / Muhammad Zamrin Maliki
title_sort	auditor related factors on audit report lag: the adoption of malaysian financial reporting standards (mfrs) / muhammad zamrin maliki
granting_institution	Universiti Teknologi MARA, Terengganu
granting_department	Faculty of Accountancy
publishDate	2017
url	https://ir.uitm.edu.my/id/eprint/90163/1/90163.pdf
_version_	1794192232901771264

Auditor related factors on audit report lag: the adoption of Malaysian Financial Reporting Standards (MFRS) / Muhammad Zamrin Maliki

Similar Items