Determinants of Audit Report Lag and Corporate Governance in Malaysia

An accurate and timely financial statement is considered as an important aspect to the success of all organization. Therefore, financial information needs to be available to users especially investors and shareholders as soon as possible in their decision making. This paper aims to investigate the...

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Main Author:	Kogilavani, Apadore
Format:	Thesis
Language:	eng eng
Published:	2012
Subjects:	HF5667 Professional Ethics Auditors.
Online Access:	https://etd.uum.edu.my/3129/1/KOGILAVANI_APADORE.pdf https://etd.uum.edu.my/3129/3/KOGILAVANI_APADORE.pdf
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id	my-uum-etd.3129
record_format	uketd_dc
institution	Universiti Utara Malaysia
collection	UUM ETD
language	eng eng
advisor	Md Yusof, Mohd 'Atef
topic	HF5667 Professional Ethics Auditors.
spellingShingle	HF5667 Professional Ethics Auditors. Kogilavani, Apadore Determinants of Audit Report Lag and Corporate Governance in Malaysia
description	An accurate and timely financial statement is considered as an important aspect to the success of all organization. Therefore, financial information needs to be available to users especially investors and shareholders as soon as possible in their decision making. This paper aims to investigate the relationship between the characteristics of corporate governance; board independence, ownership concentration, audit committee independence, expertise, meeting, size, internal audit investment and audit report lag among companies listed under Bursa Malaysia. The samples covered are among 180 companies listed at Bursa Malaysia for 2009 and 2010. The samples are chosen randomly from 843 company of the population. Descriptive statistics was used to provide insight into the time taken by external auditors to complete an audit work of a company. The results show that on average, the companies took about 100 days to complete their audit report with a maximum and minimum day of 148 days and 26 days respectively . In addition regression analysis was used to provide empirical evidence on which variables had significant relationship with audit report lag. The results show that audit committee size, ownership concentration, organization size and profitability are significantly associated with audit report lag. However the other six variables (audit committee independence, meetings, expertise and types of auditors were found to have insignificant relationship with audit report lag.
format	Thesis
qualification_name	masters
qualification_level	Master's degree
author	Kogilavani, Apadore
author_facet	Kogilavani, Apadore
author_sort	Kogilavani, Apadore
title	Determinants of Audit Report Lag and Corporate Governance in Malaysia
title_short	Determinants of Audit Report Lag and Corporate Governance in Malaysia
title_full	Determinants of Audit Report Lag and Corporate Governance in Malaysia
title_fullStr	Determinants of Audit Report Lag and Corporate Governance in Malaysia
title_full_unstemmed	Determinants of Audit Report Lag and Corporate Governance in Malaysia
title_sort	determinants of audit report lag and corporate governance in malaysia
granting_institution	Universiti Utara Malaysia
granting_department	Othman Yeop Abdullah Graduate School of Business
publishDate	2012
url	https://etd.uum.edu.my/3129/1/KOGILAVANI_APADORE.pdf https://etd.uum.edu.my/3129/3/KOGILAVANI_APADORE.pdf
_version_	1747827505045176320
spelling	my-uum-etd.31292016-04-19T08:01:27Z Determinants of Audit Report Lag and Corporate Governance in Malaysia 2012-05 Kogilavani, Apadore Md Yusof, Mohd 'Atef Othman Yeop Abdullah Graduate School of Business Othman Yeop Abdullah Graduate School of Business HF5667 Professional Ethics. Auditors. An accurate and timely financial statement is considered as an important aspect to the success of all organization. Therefore, financial information needs to be available to users especially investors and shareholders as soon as possible in their decision making. This paper aims to investigate the relationship between the characteristics of corporate governance; board independence, ownership concentration, audit committee independence, expertise, meeting, size, internal audit investment and audit report lag among companies listed under Bursa Malaysia. The samples covered are among 180 companies listed at Bursa Malaysia for 2009 and 2010. The samples are chosen randomly from 843 company of the population. Descriptive statistics was used to provide insight into the time taken by external auditors to complete an audit work of a company. The results show that on average, the companies took about 100 days to complete their audit report with a maximum and minimum day of 148 days and 26 days respectively . In addition regression analysis was used to provide empirical evidence on which variables had significant relationship with audit report lag. The results show that audit committee size, ownership concentration, organization size and profitability are significantly associated with audit report lag. However the other six variables (audit committee independence, meetings, expertise and types of auditors were found to have insignificant relationship with audit report lag. 2012-05 Thesis https://etd.uum.edu.my/3129/ https://etd.uum.edu.my/3129/1/KOGILAVANI_APADORE.pdf text eng validuser https://etd.uum.edu.my/3129/3/KOGILAVANI_APADORE.pdf text eng public masters masters Universiti Utara Malaysia Abott,L.J., and S.Parker. 2000.Auditor selection and audit committee characteristics. Auditing: A Journal of Practice & Theory 19 (Fall): 47-66. Abbott,L.J.,Parker,S.,Peters,G.F., & Raghunandan,K. (2003). The association between audit committee characteristics and audit fees. Auditing: A Journal of Practice and Theory, 22(2),17–32. Abbott,L.J.,Parker,S., & Peters,G.F. (2004).Audit committee characteristics and restatements. Auditing: A Journal of Practice and Theory, 23(1),69–87. 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Determinants of Audit Report Lag and Corporate Governance in Malaysia

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