Factors influencing audit report lag in Malaysian public listed companies / Amanuddin Shamsuddin...[et al.]
Timeliness of audited financial statement significantly influenced by the length of the audit process. The purposes of this study is to identify the level of audit report lag (ARL) in Malaysian public listed companies and to investigate the factors that influencing ARL in Malaysia. This study exten...
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| Format: | Book Section |
| Language: | en |
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UiTM Cawangan Johor
2019
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| Subjects: | |
| Online Access: | https://ir.uitm.edu.my/id/eprint/38201/1/38201.pdf https://ir.uitm.edu.my/id/eprint/38201/ |
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| _version_ | 1833065828151459840 |
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| author | Shamsuddin, Amanuddin Zahari, Amira Natasha Mohd Zahari, Anis Amira Rengasamy, Mithrah |
| author2 | Md Kassim, Fazdilah |
| author_facet | Md Kassim, Fazdilah Shamsuddin, Amanuddin Zahari, Amira Natasha Mohd Zahari, Anis Amira Rengasamy, Mithrah |
| author_sort | Shamsuddin, Amanuddin |
| building | Tun Abdul Razak Library |
| collection | Institutional Repository |
| content_provider | Universiti Teknologi Mara |
| content_source | UiTM Institutional Repository |
| continent | Asia |
| country | Malaysia |
| description | Timeliness of audited financial statement significantly influenced by the length of the audit process. The purposes of this study is to identify the level of audit report lag (ARL) in Malaysian public listed companies and to investigate the
factors that influencing ARL in Malaysia. This study extends the previous studies by using the sample of 725 public listed companies in Bursa Malaysia for the year 2017. Secondary data from the companies’ annual reports were used in this study. The results show that 97.7% (708 out of 725) of public listed companies complied with Bursa Malaysia requirements to have audited financial statement prepared within 4 months; hence on 17 (2.3%) companies
did not comply. Meanwhile, the average number of days taken by companies to issue their audited financial statement is between 95 to 96 days. The results also indicate that there are significant relationship between audit tenure, audit firm reputation and ARL. However, there is no significant association between type of industry and ARL. Findings from this study would contribute to practitioners and relevant regulatory bodies such as Bursa Malaysia, Malaysian Institute of Accountants in ensuring that ARL can be reduced or minimized. |
| format | Book Section |
| id | my.uitm.ir-38201 |
| institution | Universiti Teknologi Mara |
| language | en |
| publishDate | 2019 |
| publisher | UiTM Cawangan Johor |
| record_format | eprints |
| spelling | my.uitm.ir-382012020-12-08T02:12:19Z https://ir.uitm.edu.my/id/eprint/38201/ Factors influencing audit report lag in Malaysian public listed companies / Amanuddin Shamsuddin...[et al.] Shamsuddin, Amanuddin Zahari, Amira Natasha Mohd Zahari, Anis Amira Rengasamy, Mithrah Auditing Timeliness of audited financial statement significantly influenced by the length of the audit process. The purposes of this study is to identify the level of audit report lag (ARL) in Malaysian public listed companies and to investigate the factors that influencing ARL in Malaysia. This study extends the previous studies by using the sample of 725 public listed companies in Bursa Malaysia for the year 2017. Secondary data from the companies’ annual reports were used in this study. The results show that 97.7% (708 out of 725) of public listed companies complied with Bursa Malaysia requirements to have audited financial statement prepared within 4 months; hence on 17 (2.3%) companies did not comply. Meanwhile, the average number of days taken by companies to issue their audited financial statement is between 95 to 96 days. The results also indicate that there are significant relationship between audit tenure, audit firm reputation and ARL. However, there is no significant association between type of industry and ARL. Findings from this study would contribute to practitioners and relevant regulatory bodies such as Bursa Malaysia, Malaysian Institute of Accountants in ensuring that ARL can be reduced or minimized. UiTM Cawangan Johor Md Kassim, Fazdilah Ratan Singh, Deepak Singh M Ramakrishnan, Kamalanathan Sumery, Zuraidah Sarijari, Haniza Mohd Yusof, Fairuz Husna Amat, Dia Widyawati Kamaludin, Puteri Nur Hidayah Daud, Derwina 2019 Book Section PeerReviewed text en https://ir.uitm.edu.my/id/eprint/38201/1/38201.pdf Factors influencing audit report lag in Malaysian public listed companies / Amanuddin Shamsuddin...[et al.]. (2019) In: The 6th International Accounting & Business Conference 2019. UiTM Cawangan Johor, Segamat Johor, p. 44. IABC2019-022 IABC2019-022 |
| spellingShingle | Auditing Shamsuddin, Amanuddin Zahari, Amira Natasha Mohd Zahari, Anis Amira Rengasamy, Mithrah Factors influencing audit report lag in Malaysian public listed companies / Amanuddin Shamsuddin...[et al.] |
| title | Factors influencing audit report lag in Malaysian public listed companies / Amanuddin Shamsuddin...[et al.] |
| title_full | Factors influencing audit report lag in Malaysian public listed companies / Amanuddin Shamsuddin...[et al.] |
| title_fullStr | Factors influencing audit report lag in Malaysian public listed companies / Amanuddin Shamsuddin...[et al.] |
| title_full_unstemmed | Factors influencing audit report lag in Malaysian public listed companies / Amanuddin Shamsuddin...[et al.] |
| title_short | Factors influencing audit report lag in Malaysian public listed companies / Amanuddin Shamsuddin...[et al.] |
| title_sort | factors influencing audit report lag in malaysian public listed companies / amanuddin shamsuddin...[et al.] |
| topic | Auditing |
| url | https://ir.uitm.edu.my/id/eprint/38201/1/38201.pdf https://ir.uitm.edu.my/id/eprint/38201/ |
| url_provider | http://ir.uitm.edu.my/ |