Audit committee expertise on audit fees / Nurul Azlin Azmi, Fazrul Hanim Abd Sata and Norhidayah Abdullah

This study extends the previous researcher on the audit fees by examining the association between audit committee characteristic and audit fees. The study specifically investigates the impact of the Malaysian Code of Corporate Governance 2007 on the audit committee characteristics (size, independ...

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Main Authors: Azmi, Nurul Azlin, Abd Sata, Fazrul Hanim, Abdullah, Norhidayah
Format: Research Reports
Language:English
Published: 2012
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/35048/
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author Azmi, Nurul Azlin
Abd Sata, Fazrul Hanim
Abdullah, Norhidayah
author_facet Azmi, Nurul Azlin
Abd Sata, Fazrul Hanim
Abdullah, Norhidayah
author_sort Azmi, Nurul Azlin
building UiTM Institutional Repository
collection Online Access
description This study extends the previous researcher on the audit fees by examining the association between audit committee characteristic and audit fees. The study specifically investigates the impact of the Malaysian Code of Corporate Governance 2007 on the audit committee characteristics (size, independence, meeting, expertise and training). This study examines the effect of audit committee expertise by including the number of financial-related training attended by directors as a tool to measure the expertise of the audit committees. Besides that, an experience of the audit committee members are strengthening for those who have more than three year experience in accounting and financing as well as in professional bodies. This finding indicates audit fees are significantly and negatively associated with audit committee size and audit committee training. Thus, size and training of audit committee could give an impact to the lower of audit fees. However, an audit fee is significantly and has positively association with audit committee expertise. Expertise of the audit committee has lead to higher audit fees due to their effectiveness in discharging their roles that allow members to demand additional assurance and higher audit quality. This study contributes to the growing of literature by demonstrating the significant of the relevant financial-related training that will give effect to the expertise of audit committee members. The findings are also relevant to the policy-maker and to practitioners in term of best disclosure of the director's training in annual report.
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publishDate 2012
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spelling uitm-350482021-06-08T08:05:40Z https://ir.uitm.edu.my/id/eprint/35048/ Audit committee expertise on audit fees / Nurul Azlin Azmi, Fazrul Hanim Abd Sata and Norhidayah Abdullah Azmi, Nurul Azlin Abd Sata, Fazrul Hanim Abdullah, Norhidayah Audit committees Malaysia Financial management. Business finance. Corporation finance This study extends the previous researcher on the audit fees by examining the association between audit committee characteristic and audit fees. The study specifically investigates the impact of the Malaysian Code of Corporate Governance 2007 on the audit committee characteristics (size, independence, meeting, expertise and training). This study examines the effect of audit committee expertise by including the number of financial-related training attended by directors as a tool to measure the expertise of the audit committees. Besides that, an experience of the audit committee members are strengthening for those who have more than three year experience in accounting and financing as well as in professional bodies. This finding indicates audit fees are significantly and negatively associated with audit committee size and audit committee training. Thus, size and training of audit committee could give an impact to the lower of audit fees. However, an audit fee is significantly and has positively association with audit committee expertise. Expertise of the audit committee has lead to higher audit fees due to their effectiveness in discharging their roles that allow members to demand additional assurance and higher audit quality. This study contributes to the growing of literature by demonstrating the significant of the relevant financial-related training that will give effect to the expertise of audit committee members. The findings are also relevant to the policy-maker and to practitioners in term of best disclosure of the director's training in annual report. 2012-02 Research Reports NonPeerReviewed text en https://ir.uitm.edu.my/id/eprint/35048/1/35048.PDF Azmi, Nurul Azlin and Abd Sata, Fazrul Hanim and Abdullah, Norhidayah (2012) Audit committee expertise on audit fees / Nurul Azlin Azmi, Fazrul Hanim Abd Sata and Norhidayah Abdullah. (2012) [Research Reports] <http://terminalib.uitm.edu.my/35048.pdf> (Unpublished)
spellingShingle Audit committees
Malaysia
Financial management. Business finance. Corporation finance
Azmi, Nurul Azlin
Abd Sata, Fazrul Hanim
Abdullah, Norhidayah
Audit committee expertise on audit fees / Nurul Azlin Azmi, Fazrul Hanim Abd Sata and Norhidayah Abdullah
title Audit committee expertise on audit fees / Nurul Azlin Azmi, Fazrul Hanim Abd Sata and Norhidayah Abdullah
title_full Audit committee expertise on audit fees / Nurul Azlin Azmi, Fazrul Hanim Abd Sata and Norhidayah Abdullah
title_fullStr Audit committee expertise on audit fees / Nurul Azlin Azmi, Fazrul Hanim Abd Sata and Norhidayah Abdullah
title_full_unstemmed Audit committee expertise on audit fees / Nurul Azlin Azmi, Fazrul Hanim Abd Sata and Norhidayah Abdullah
title_short Audit committee expertise on audit fees / Nurul Azlin Azmi, Fazrul Hanim Abd Sata and Norhidayah Abdullah
title_sort audit committee expertise on audit fees / nurul azlin azmi, fazrul hanim abd sata and norhidayah abdullah
topic Audit committees
Malaysia
Financial management. Business finance. Corporation finance
url https://ir.uitm.edu.my/id/eprint/35048/