Entrepreneurship and Management International Conference (EMIC 2) 2011, Kangar, Perlis Malaysia
23 Pages Posted: 3 Dec 2011 Last revised: 15 Dec 2011
Date Written: December 1, 2011
The aim of this study is to examine the factors that influence annual audit report in Malaysia. The sample includes 300 largest companies listed in the KLSE for the year ended 2009. Findings show that audit report lag is significantly influenced by auditor type, audit opinion and firm performance. However, no evidence was found to support the effect of board independence, audit committee size, audit committee meetings and audit committee qualifications on audit report lag. Apart from contributing to the literature on determinants of audit timeliness, this study also falls under the strand of literature that examines the consequences of the regulatory changes introduced around the world to strengthen corporate governance and financial reporting transparency, hence provide evidences of recent audit delays.
Keywords: Audit Reports, Corporate Governance, Audit committees, Malaysia
Suggested Citation: Suggested Citation
Shukeri, Siti Norwahida and Nelson, Sherliza Puat, Timeliness of Annual Audit Report: Some Empirical Evidence from Malaysia (December 1, 2011). Entrepreneurship and Management International Conference (EMIC 2) 2011, Kangar, Perlis Malaysia. Available at SSRN: https://ssrn.com/abstract=1967284 or http://dx.doi.org/10.2139/ssrn.1967284