Relationship between the industry specialist auditors and financial reporting timeliness under MFRS

This paper aims to identify the association between financial reporting timeliness and the presence of industry specialist auditors. The auditor’s report lag (ARL) is used as a proxy for the financial reporting timeliness. The association between the two factors was examined through the resource de...

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Main Authors: Puat Nelson, Sherliza, Ahmad, Maslina, Mohamed, Hamidah
Format: Article
Language:English
English
English
Published: UPM Press 2019
Subjects:
Online Access:http://irep.iium.edu.my/71686/
http://irep.iium.edu.my/71686/7/71686%20Relationship%20between%20the%20Industry%20Specialist%20Auditors.pdf
http://irep.iium.edu.my/71686/13/71686_Relationship%20between%20the%20industry%20specialist_WOS.pdf
http://irep.iium.edu.my/71686/19/71686_Relationship%20between%20the%20industry%20specialist%20auditors%20and%20financial%20reporting%20timeliness%20under%20MFRS_Scopus.pdf
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author Puat Nelson, Sherliza
Ahmad, Maslina
Mohamed, Hamidah
author_facet Puat Nelson, Sherliza
Ahmad, Maslina
Mohamed, Hamidah
author_sort Puat Nelson, Sherliza
building IIUM Repository
collection Online Access
description This paper aims to identify the association between financial reporting timeliness and the presence of industry specialist auditors. The auditor’s report lag (ARL) is used as a proxy for the financial reporting timeliness. The association between the two factors was examined through the resource dependence theory. Data comprise the 2012 annual reports of 796 Malaysian public listed companies and 342 of these companies had fully complied with the Malaysian Financial Reporting Standards (MFRS). From the results noted, it appears that financial reporting timeliness can be improved through the engagement of industry specialist auditors. This outcome contributes to the existing literature in auditing by enlarging the empirical evidence that was assessed with four different methods.
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publishDate 2019
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spelling iium-716862020-02-26T04:23:50Z http://irep.iium.edu.my/71686/ Relationship between the industry specialist auditors and financial reporting timeliness under MFRS Puat Nelson, Sherliza Ahmad, Maslina Mohamed, Hamidah HF5601 Accounting. Bookkeeping HF5717 Business communication HF5735 Business records management This paper aims to identify the association between financial reporting timeliness and the presence of industry specialist auditors. The auditor’s report lag (ARL) is used as a proxy for the financial reporting timeliness. The association between the two factors was examined through the resource dependence theory. Data comprise the 2012 annual reports of 796 Malaysian public listed companies and 342 of these companies had fully complied with the Malaysian Financial Reporting Standards (MFRS). From the results noted, it appears that financial reporting timeliness can be improved through the engagement of industry specialist auditors. This outcome contributes to the existing literature in auditing by enlarging the empirical evidence that was assessed with four different methods. UPM Press 2019-03 Article PeerReviewed application/pdf en http://irep.iium.edu.my/71686/7/71686%20Relationship%20between%20the%20Industry%20Specialist%20Auditors.pdf application/pdf en http://irep.iium.edu.my/71686/13/71686_Relationship%20between%20the%20industry%20specialist_WOS.pdf application/pdf en http://irep.iium.edu.my/71686/19/71686_Relationship%20between%20the%20industry%20specialist%20auditors%20and%20financial%20reporting%20timeliness%20under%20MFRS_Scopus.pdf Puat Nelson, Sherliza and Ahmad, Maslina and Mohamed, Hamidah (2019) Relationship between the industry specialist auditors and financial reporting timeliness under MFRS. Pertanika Journal of Social Sciences & Humanities, 27 (1). pp. 213-233. ISSN 0128-7702 E-ISSN 2231-8534 http://www.pertanika.upm.edu.my/Pertanika%20PAPERS/JSSH%20Vol.%2027%20(1)%20Mar.%202019/JSSH-2360-2017.pdf
spellingShingle HF5601 Accounting. Bookkeeping
HF5717 Business communication
HF5735 Business records management
Puat Nelson, Sherliza
Ahmad, Maslina
Mohamed, Hamidah
Relationship between the industry specialist auditors and financial reporting timeliness under MFRS
title Relationship between the industry specialist auditors and financial reporting timeliness under MFRS
title_full Relationship between the industry specialist auditors and financial reporting timeliness under MFRS
title_fullStr Relationship between the industry specialist auditors and financial reporting timeliness under MFRS
title_full_unstemmed Relationship between the industry specialist auditors and financial reporting timeliness under MFRS
title_short Relationship between the industry specialist auditors and financial reporting timeliness under MFRS
title_sort relationship between the industry specialist auditors and financial reporting timeliness under mfrs
topic HF5601 Accounting. Bookkeeping
HF5717 Business communication
HF5735 Business records management
url http://irep.iium.edu.my/71686/
http://irep.iium.edu.my/71686/
http://irep.iium.edu.my/71686/7/71686%20Relationship%20between%20the%20Industry%20Specialist%20Auditors.pdf
http://irep.iium.edu.my/71686/13/71686_Relationship%20between%20the%20industry%20specialist_WOS.pdf
http://irep.iium.edu.my/71686/19/71686_Relationship%20between%20the%20industry%20specialist%20auditors%20and%20financial%20reporting%20timeliness%20under%20MFRS_Scopus.pdf