Timeliness of financial reporting in the shariah-compliant companies: effects of audit committee’s and firms’ characteristics / Syahrul Ahmar Ahmad, Siti Fabillah Mohd Yunos and Rahimah Mohamed Yunos

Ahmad, Syahrul Ahmar and Mohd Yunos, Siti Fabillah and Mohamed Yunos, Rahimah (2018) Timeliness of financial reporting in the shariah-compliant companies: effects of audit committee’s and firms’ characteristics / Syahrul Ahmar Ahmad, Siti Fabillah Mohd Yunos and Rahimah Mohamed Yunos. Insight Journal (IJ) UiTM Cawangan Johor Online Journal, 1 (1). pp. 23-33. ISSN 2600-8564

Abstract

The study examines the determinants of audit report delay among Shariah-compliant companies in Malaysia. Specifically, the study examines the relationship between audit report delay with selected audit committee’s and firms’ characteristics, namely audit committee independence,
audit committee meeting, audit committee expertise, company size and its financial year end. This study also examined whether there is a difference in the period of audit delay after the revised Malaysian Code of Corporate Governance 2007 (MCCG 2007) took place. Multivariate analysis using 507 annual reports of these Shariah-compliant companies between 2006 till 2008 indicated that only audit committee meeting, audit committee expertise and company size showed significant relationships with audit report delay. The finding also showed that there is no significant
difference between the period of pre and post implementation of the revised MCCG 2007. Findings of this study could provide new insight on the matters of audit report delay among Shariah-compliant companies in Malaysia.

Metadata

Item Type: Article
Creators:
Creators
Email / ID Num.
Ahmad, Syahrul Ahmar
UNSPECIFIED
Mohd Yunos, Siti Fabillah
UNSPECIFIED
Mohamed Yunos, Rahimah
UNSPECIFIED
Contributors:
Contribution
Name
Email / ID Num.
Editor
Raja Ahmad, Dr. Raja Adzrin
UNSPECIFIED
Editor
Zainon, Assoc. Prof Dr. Saunah
UNSPECIFIED
Editor
Soo, Assoc. Prof. Dr. Carolyn Kum Yoke
UNSPECIFIED
Editor
Kadri, Assoc. Prof. Dr Mohd Halim
UNSPECIFIED
Editor
Che Yaakob, Assoc. Prof. Ahmad Nawawi
UNSPECIFIED
Editor
Ismail, Dr. Noriah
UNSPECIFIED
Editor
Khairani, Dr. Noor Sufiawati
UNSPECIFIED
Editor
Othman, Dr. Akmal Aini
UNSPECIFIED
Editor
Ismail, Dr. Norashikin
UNSPECIFIED
Editor
Ahmad, Dr. Syahrul Ahmar
UNSPECIFIED
Subjects: H Social Sciences > HG Finance > Balance sheets. Financial statements. Including corporation reports. Financial reporting. Financial disclosure
H Social Sciences > HJ Public Finance > Public accounting. Auditing
Divisions: Universiti Teknologi MARA, Johor > Segamat Campus
Journal or Publication Title: Insight Journal (IJ) UiTM Cawangan Johor Online Journal
UiTM Journal Collections: UiTM Journal > INSIGHT Journal (IJ)
ISSN: 2600-8564
Volume: 1
Number: 1
Page Range: pp. 23-33
Related URLs:
Keywords: Audit delay; audit committee; corporate governance; timeliness; UiTM Cawangan Johor
Date: 2018
URI: https://ir.uitm.edu.my/id/eprint/41136
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