A delay audit and timeliness of financial reporting

Subject Areas :

علی Bayat ¹ (استادیار گروه حسابداری دانشگاه آزاد اسلامی واحد زنجان)
سعید Aliahmadi ² (استادیار گروه حسابداری دانشگاه آزاد اسلامی واحد خوراسگان،اصفهان)

Received: 2015-05-06 Accepted : 2015-05-06 Published : 2014-08-23

Keywords:

Abstract :

Audit Delay and the Timeliness of Corporate Reporting Ali Bayat Saeid Ali Ahmadi (Received: 15/Apr/2014; Accepted: 17/Jun/2014) Abstarct The time that information provided, determined the usefulness of information and timely disclosure of information, protect investor about poor news. That may be change firm future prospects completely. In this research we studied the determinant of the timeliness of financial reporting in Tehran stock exchange.We applied Quasi-Empirical approach and descriptive-correlation methods to test there search hypotheses. Also we used multivariate regression models about this. The results of this study show that in this period we have a negative relationship among between firm’s size, audit opinion, management change, and percentage of institutional ownership with Audit delay. Also, we have been finding out positive relationship between internal auditor existence, number of shareholders, and non ordinary items with Audit delay. Indeed this research provided evidence about corporate governance power for explaining Audit delay and timeliness of reporting too. Key Words: Financial Reporting, Timeliness, Audit Delay, Corporate Governance. .

References:

 

بنی مهد، بهمن و محسن محسنی شریف، (1389)، "بررسی عوامل موثر بر رتبه بندی شرکت‌های بورس اوراق بهادار تهران از لحاظ کیفیت افشاء و به موقع بودن"، مجله حسابداری مدیریت، سال سوم، شماره7، صص63- 51.

بلکویی، احمد، (1990)، "تئوری حسابداری"، ترجمه: علی پارسائیان، انتشارات ترمه، ویرایش اول، چاپ دوم، 1391.

معیری، مرتضی، (1385)، "عوامل موثر بر به موقع بودن گزارش حسابرسی"، پایان نامه کارشناسی ارشد حسابداری، دانشگاه علامه طباطبایی.

مرادی، مهدی و سید مهدی پورحسینی، (1388)، " بررسی رابطه بین برخی ویژگی های مالی و عیر مالی و مدت زمان اجرا و تکمیل عملیات حسابرسی در شرکت های پذیرفته شده در بورس اوراق بهادار تهران"، فصلنامه تحقیقات حسابداری، سال اول، شماره 1، ص 185- 168.

Al-Ajmai,J. ,(2008), "Audit and reporting Delays: Evidence An Emerging Market. Advances in Accounting", Incorporating Advances in International Accounting, No, 24,PP. 217–226.

Abdelsalam, O. H. , & Street, L. D. (2007),"Corporate Governance and The Timeliness of Corporate Internet Reporting by U. K. Listed Companies", Journal of Accounting, Auditing and Taxation, 16, PP. 111-130.

Ahmed, R. , Kamarudin, K. A. ,(2004),"Audit Delay and The Timeliness of Corporate Reporting: Malaysian Evidence", Working Paper, Online at www. google. com.

Aubert, François,(2009), "Determinants of Corporate Financial Reporting Lag: The French Empirical Evidence", Journal of Accounting and Taxation, Vol. 1(3), PP. 053-060.

Ashton, R. H. , Graul, P. R. and Newton, J. D. ,(1989), "Audit Delay and Timeliness of Corporate Reporting", Contemporary Accounting Research, 5(2), PP. 657-673.

Ashton, R. H. , Willingham, P. R. and Elliot R. K. ,(1987), "An Empirical Analysis of Audit Delay", Journal of Accounting Research,(Autumn), PP. 275-292.

Che-Ahmad,A and Abidin,Sh. ,(2008), "Audit Delay of Listed Companies: A Case of Malaysia", International Business Research,1(4),PP. 32- 39.

Financial Accounting Standards Board(FASB),(1980)," Qualitative Characteristics of Accounting Information", Statement of Financial Accounting Concepts No. 2. Norwalk, Conn. : FASB.

Financial Accounting Standards Board(FASB),(2005), "FASB Action Alert No. 05-26(June 30, 2005)", Norwalk, Conn. : FASB.

Smaail,k. Chandler. R. ,(2004), "The Timeliness of Quarterly Financial Reports of Companies in Malaysia", Working Paper. Online at www. ssrn. com.

Knechel, W. R. and Payne J. L. ,(2001),"Additional Evidence on Audit Report Lags", Auditing: A Journal of Practice and Theory, 20(1),PP. 137-146.