CEO characteristics and audit report timeliness: do CEO tenure and financial expertise matter?

Baatwah, Saeed Rabea; Salleh, Zalailah; Ahmad, Norsiah

doi:10.1108/maj-09-2014-1097

Cited by 98 publications

(144 citation statements)

References 70 publications

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“…These proxies (audit report lag) are consistent with most prior literature (e.g. Ashton et al 1987;Bamber et al 1993) and perform (industry-adjusted audit report lag) more effectively in controlling industry influence on audit report lag (Baatwah, Salleh, & Ahmad 2015a …”

Section: Estimation Methodssupporting

confidence: 79%

Audit Committee Financial Expertise and Audit Report Lag: Malaysia Further Insight

Salleh¹,

Baatwah²,

Ahmad³

2017

AJAG

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Section: Estimation Methodssupporting

confidence: 79%

Audit Committee Financial Expertise and Audit Report Lag: Malaysia Further Insight

Salleh¹,

Baatwah²,

Ahmad³

2017

AJAG

Self Cite

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“…For the descriptive result of the ABSDA2 in this study, it is lower than the result of Al-Rassas (2015) where it is 0.056 and Wan Ismail, Kamarudin, Zijl, & Dunstan (2013) where it is 0.618. In line with previous studies, such as Al-Rassas & Kamardin (2016) and Baatwah, Salleh, & Ahmad (2015), this study carried out Winsorized extreme observations to reduce the extreme values of data by setting the values in the bottom and top 1%. Furthermore, Skewness and Kurtosis, as descriptive numerical methods, were used to test the normality of the individual variables.…”

Section: Regression Modelsmentioning

confidence: 78%

Accounting expertise in the audit committee and earnings management

Al-Absy¹,

Isamil²,

Chandren³

2018

BEH

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This study attempts to investigate the influence of accounting expertise in the AC on the level of accrual earnings management (AEM) in Malaysian firms by using two proxies, the Modified Jones Models by Dechow et al. (1995) and Kasznik (1999). A sample of 143 firms with slight positive earnings were selected from the Bursa Malaysia Main Market for 2013, 2014 and 2015. Using panel data regression, this study shows that accounting expertise in the AC does not mitigate AEM. The accounting expertise of the AC directors and chairman and the AC's balanced accounting expertise have a positive relationship with attitude for AEM. In line with prior studies, this paper concludes that AC directors are either not truly independent or do not have time or energy to mitigate earnings management practices. Thus, more policies are needed to strengthen the independence of the AC and ensure the members carry out their duties more responsibly.JEL Classifications: G34, G38, M42, M48, M41

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“…Hence, tenure increases the CEO experience and knowledge about the accounting methods. CEO tenure is measured by the number of years that a CEO continuously holds this position in a company (Baatwah, Salleh, & Ahmad, ).…”

Section: Research Design and Methodologymentioning

confidence: 99%

Effective association between audit committees and the internal audit function and its impact on financial reporting quality: Empirical evidence from Omani listed firms

et al. 2018

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The role of the audit committee in oversight of the internal control and internal audit function has grown in the last decades as corporate governance mechanisms after the dramatic scandals and failures. This paper examines the impact of the audit committee and the presence of internal audit function on a company's financial reporting quality. Moreover, this study focus on the association between the audit committee and internal audit function and company's financial reporting quality measured as accruals quality and absolute discretionary accruals. It is hypothesized that the financial reporting quality is related to the strength of internal corporate governance mechanisms, including audit committee and internal audit and its association. Different mechanisms are being examined: audit committee size and independence, frequency of meeting, financial literacy, existence of internal audit function and its meeting independently. To test our hypothesis, we employ panel data analysis for 71 nonfinancial firms through 139 observations listed on the Muscat Securities Market during the period of 2013 and 2014. The data used in the analysis were collected from the companies' annual reports published by the Muscat Securities Market. Ordinary least squares is used to regress financial reporting quality linear variables on audit committee and internal audit. The findings suggest that audit committee meetings frequency and the presence of internal audit function positively affect a company's financial reporting quality. Hence, an audit committee that meets more frequently provides effective monitoring of financial reporting and increases the likelihood of discussing and following up any problems and findings in the financial statements and audit reports. Thus, frequent audit committee meetings provide better oversight of the annual accounts. Likewise, the internal audit function is considered an important corporate governance mechanism to safeguard the quality of financial reporting by monitoring organizational risks, assessing internal controls and detecting possible manipulation because the internal auditor evaluates financial procedures. However, results suggest that the relationship between other corporate governance mechanisms and financial reporting quality is not significant.

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CEO characteristics and audit report timeliness: do CEO tenure and financial expertise matter?

Cited by 98 publications

References 70 publications

Audit Committee Financial Expertise and Audit Report Lag: Malaysia Further Insight

Audit Committee Financial Expertise and Audit Report Lag: Malaysia Further Insight

Accounting expertise in the audit committee and earnings management

Effective association between audit committees and the internal audit function and its impact on financial reporting quality: Empirical evidence from Omani listed firms

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