Audit Reporting Lag In Malaysia: The Case Of MESDAQ

Timeliness is a very crucial aspect in assessing the accountability and the quality of financial reporting. Financial information could be accessed by users once the auditor has issued and completed the annual reports. Therefore, the time taken to publish the annual report depends partly on the aud...

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Main Author: Wan Roshaini, Wan Ali
Format: Thesis
Language:eng
eng
Published: 2008
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Online Access:https://etd.uum.edu.my/296/1/Wan_Roshaini_Wan_Ali.pdf
https://etd.uum.edu.my/296/2/Wan_Roshaini_Wan_Ali.pdf
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spelling my-uum-etd.2962013-07-24T12:06:33Z Audit Reporting Lag In Malaysia: The Case Of MESDAQ 2008-05-22 Wan Roshaini, Wan Ali College of Business (COB) Graduate School HF5601-5689 Accounting Timeliness is a very crucial aspect in assessing the accountability and the quality of financial reporting. Financial information could be accessed by users once the auditor has issued and completed the annual reports. Therefore, the time taken to publish the annual report depends partly on the audit time taken to sign the audit report. This paper aims to investigate the attributes affecting audit reporting delay. The sample is 118 MESDAQ companies listed in Bursa Malaysia and uses 2006 annual reports. It examines ten corporate attributes and three auditor attributes. The corporate attributes include the existence of independent internal audit department, the number of audit committee's meeting, firm size (proxied by total assets), audit complexity (proxied by total development costs and status of subsidiaries) financial year-end, new listed company, change of financial year-end, number of subsidiaries and place of incorporation of subsidiaries. The three auditor attributes are the type of audit firm (for company and its subsidiaries) and audit opinion. Regression analysis conveys that audit opinion, total research and development cost (R&D) and newly listed company are significantly related to audit reporting delay for companies listed in MESDAQ. The rest of the independent variables are not significantly associated with audit delay. The results of this study are discussed under findings and discussions section. 2008-05 Thesis https://etd.uum.edu.my/296/ https://etd.uum.edu.my/296/1/Wan_Roshaini_Wan_Ali.pdf application/pdf eng validuser https://etd.uum.edu.my/296/2/Wan_Roshaini_Wan_Ali.pdf application/pdf eng public masters masters Universiti Utara Malaysia
institution Universiti Utara Malaysia
collection UUM ETD
language eng
eng
topic HF5601-5689 Accounting
spellingShingle HF5601-5689 Accounting
Wan Roshaini, Wan Ali
Audit Reporting Lag In Malaysia: The Case Of MESDAQ
description Timeliness is a very crucial aspect in assessing the accountability and the quality of financial reporting. Financial information could be accessed by users once the auditor has issued and completed the annual reports. Therefore, the time taken to publish the annual report depends partly on the audit time taken to sign the audit report. This paper aims to investigate the attributes affecting audit reporting delay. The sample is 118 MESDAQ companies listed in Bursa Malaysia and uses 2006 annual reports. It examines ten corporate attributes and three auditor attributes. The corporate attributes include the existence of independent internal audit department, the number of audit committee's meeting, firm size (proxied by total assets), audit complexity (proxied by total development costs and status of subsidiaries) financial year-end, new listed company, change of financial year-end, number of subsidiaries and place of incorporation of subsidiaries. The three auditor attributes are the type of audit firm (for company and its subsidiaries) and audit opinion. Regression analysis conveys that audit opinion, total research and development cost (R&D) and newly listed company are significantly related to audit reporting delay for companies listed in MESDAQ. The rest of the independent variables are not significantly associated with audit delay. The results of this study are discussed under findings and discussions section.
format Thesis
qualification_name masters
qualification_level Master's degree
author Wan Roshaini, Wan Ali
author_facet Wan Roshaini, Wan Ali
author_sort Wan Roshaini, Wan Ali
title Audit Reporting Lag In Malaysia: The Case Of MESDAQ
title_short Audit Reporting Lag In Malaysia: The Case Of MESDAQ
title_full Audit Reporting Lag In Malaysia: The Case Of MESDAQ
title_fullStr Audit Reporting Lag In Malaysia: The Case Of MESDAQ
title_full_unstemmed Audit Reporting Lag In Malaysia: The Case Of MESDAQ
title_sort audit reporting lag in malaysia: the case of mesdaq
granting_institution Universiti Utara Malaysia
granting_department College of Business (COB)
publishDate 2008
url https://etd.uum.edu.my/296/1/Wan_Roshaini_Wan_Ali.pdf
https://etd.uum.edu.my/296/2/Wan_Roshaini_Wan_Ali.pdf
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