Influence Of Audit Committee Research Articles

The Influence of Audit Committees’ Attributes on the Effectiveness of Public Sector Audit Committees in Tanzania

The Influence of Audit Committees’ Attributes on the Effectiveness of Public Sector Audit Committees in Tanzania

Audit committee quality and cosmetic accounting: an examination in an emerging market

PurposeThe literature on the influence of audit committees (AC) and cosmetic accounting (CA) is scarce. AC plays a unique and vital role in boosting earnings reliability in countries with weaker application of accounting standards or weaker legal protection for investors. AC, therefore, are considered to be one of the essential tools available to directors in supervising management decisions regarding financial reporting. This paper aims to examine the influence of AC characteristics (ACC) on CA and how this relationship is moderated by the audit fee.Design/methodology/approachThis study used probit regression to analyze 1,218 firm-year observations of listed companies in Tehran Stock Exchange from 2014 to 2020.FindingsThe results show that AC financial accounting expertise, AC independence, female AC membership and AC tenure were negatively related to CA. The negative relationship is highly pronounced when a firm incurs higher audit fees, and audit fees moderate the relationship between ACC and CA. Results for the robustness checks show that only AC independence was significant, and the results of other characteristics were not significant.Research limitations/implicationsThis research was conducted in an Iranian setting where the formation of ACs is on the verge of regulation; therefore, the data used for the study only contains the seven-year period of ACs’ statutory activity. In addition, a lack of consensus on the precise measures of an AC’s effectiveness could be considered as a restrictive factor.Originality/valueThe findings provide an initial insight into the effect AC on CA and moderating effect of audit fee on the relationship between ACC and CA.

The Influence of Audit Committee and Intellectual Capital on Company Value: The Role of Company Performance

The Influence of Audit Committee and Intellectual Capital on Company Value: The Role of Company Performance

Influence of Audit Committee, Auditor Industry Specialization, and Audit Tenure on Audit Report Lag

This study examines the effect of audit committees, industry specialization auditors, and audit tenure on audit report lag with debt to equity ratio and KAP reputation as control variables. The type of data used in this study is secondary data in the form of the company's annual report. The population in this study are companies listed on the IDX in the 2018-2020 LQ45 index. The sampling method used was purposive sampling and obtained as many as 33 companies. The study results stated that the audit committee had a significant negative effect on audit report lag, industry specialization auditors had a significant positive effect on audit report lag, and audit tenure had no significant negative effect on audit report lag. Limitations in this study are the limitations of the sample and the method used. Future research is expected to be able to examine audit report lag from other perspectives, for example, in terms of auditor or client behavior.

The influence of audit committee on the Relationship between corporate social responsability disclosure and tax aggressiveness :Evidence From french Context

The influence of audit committee on the Relationship between corporate social responsability disclosure and tax aggressiveness :Evidence From french Context

THE EFFECT OF RETURN ON EQUITY ON COMPANY VALUE WITH THE INDEPENDENT BOARD OF COMMISSIONERS AND THE AUDIT COMMITTEE AS MODERATING VARIABLES

The purpose of this study was to analyze financial performance as measured by Return on Equity (ROE) on firm value as measured by Tobin's Q as well as to analyze the Corporate Governance mechanism as a moderating variable. The aim of this research is to find empirical proof about (a) the influence of financial performance to firm value, (b) the influence of independent commissioners as moderating variable in the relationships between financial performance and firm value, (c) the influence of audit committee as moderating variable in relationships between financial performance and firm value. The sample of this research is mining firms which are listed on the Indonesia Stock Exchange (IDX) over 2008-2011. The research sample are 10 firms with 39 observations. To analyzed the data using software SPSS ver. 16.0.

Audit committee’s attributes, overlapping memberships on the audit committee and corporate risk disclosure: Evidence from Jordan

This paper aims to contribute to the literature by examining whether audit committees' attributes affect risk disclosure practiced by Jordanian listed companies. Selecting a sample of 94 Jordanian companies listed on Amman Stock Exchange, the authors carried out a manual content analysis on annual reports to determine the level of risk disclosure. Random effect model was employed in the analysis. Empirical results show that the audit committee size had a positive effect on the level of risk disclosure. However, there was no evidence that the frequency of the audit committee meetings, expertise or overlapping of the audit committee membership were significantly related to the risk disclosure. The findings are important for standard setters to improve their comprehension about the influence of audit committee in disclosing risk information and reconsider the effective monitoring role played by audit committee.

Pengaruh Corporate Governance, Kepemilikan Asing Dan Audit Tenure Terhadap Integritas Laporan Keuangan

The research is a quantitative research in order to know the influence of audit committee, indepedendent commissioner, foreigh ownership and tenure audit towards financial statements integrity. Path analysis is analytical technique being used, software used is smartpls 3.2.2 with 5% level of significance. Testing shows results (1) audit committee gave negative effect to financial statements integrity, (2) independent commissioner gave no effect to financial statements integrity, (3) foreigh ownership also gave no effect to financial statements integrity, (4) tenure audit gave positive effect to financial statements integrity.
 Keyword: Audit Committee, Independent Commissioner, Foreign Ownership Audit Tenure, Integrity Of Financial Statements.

Audit Committee, Ceo Tenure And Capital Structure

The purpose of this paper is to examine the relation between corporate governance and capital structure with moderation effect of CEO tenure in manufacturing firms listed on the Indonesia Stock Exchange. The data is acquired from the firm's annual report published in the 2013-2017 period uses multiple linear regression model and moderated regression analysis. The dependent variable in this research is capital structure measured by ratio of total debt to total assets. Independent variables used corporate governance which is measured by audit committees while moderating variable is CEO tenure. The novelty of this research examines CEO tenure as moderation variables on the influence of audit committees on capital structure which is rarely studied. The results showed that CEO tenure weakens the positive effect of audit committees on capital structure. The results of this study can help the firms to pay attention to the corporate governance and CEO tenure because they can affect the firm’s capital structure policy.Keywords - Capital Structure; Corporate Governance; Audit Committee; CEO Tenure

Influence of audit committee and internal audit on audit report lag

This study aims to examine the effect of the audit committee and internal audit on the audit report lag and examine the relationship between the audit committee and the internal audit moderated by the size of a public accounting firm. This study uses 220 samples of manufacturing companies listed on the Indonesia Stock Exchange based on purposive sampling. The analytical method used is Partial Least Square (PLS). The results show that the audit committee influences the audit report lag while the internal audit has no effect. The size of a public accounting firm successfully moderated the relationship between the audit committee and audit report lag, but failed to moderate the relationship between the internal audit and audit report lag

PENGARUH KOMITE AUDIT, UKURAN PERUSAHAAN, LEVERAGE, DAN PENYAJIAN OTHER COMPREHENSIVE INCOME TERHADAP MANAJEMEN LABA (Studi Pada Perusahaan Properti Yang Terdaftar di Bursa Efek Indonesia Tahun 2012-2016)

<em>This study aims to examine the influence of audit committees, firm size, leverage and disclosure of other comprehensive income on earnings management in property companies listed on the Indonesia Stock Exchange 2012-2015. This study uses quantitative data that has been published in Indonesia Stock Exchange (BEI). Where the sample used in this study as many as 153 consisting of 201 companies that meet the criteria of research, because this study using purposive sampling method in the selection of samples. While the method of data analysis using SPSS regression version 22. The test results are done using fixed effect model. The result of partial test (t test) obtained by company size, and leverage, influence to earnings management, while audit committee and other comprehensive income have no effect to earnings management. Where the error rate used is 5% or 0.05 at a significant level of 95%.</em>

Audit committee attributes and cosmetic accounting in Nigeria

PurposeThe literature on the influence of audit committees (ACs) and cosmetic accounting (CSA) is scarce. This paper aims to examine the influence of AC attributes on CSA and how this relationship is moderated by the audit price (AUPR).Design/methodology/approachThe study used pooled logistic regressions to analyse 624 firm-year observations of listed companies in Nigeria from 2008 to 2016.FindingsThe results show that AC financial accounting expertise, AC legal expertise and female AC membership were negatively related to CSA. The negative relationship is highly pronounced when a firm incurs higher audit fees. Results for the robustness checks were similar, even with changes to the measurements of dependent and independent variables and alternative estimation.Practical implicationsThis study can benefit policymakers and regulators, enabling them to better appreciate the importance of AC attributes and AUPR in curtailing artificial manipulation and enhancing financial reporting quality.Social implicationsThis study can benefit policymakers and regulators, enabling them to better appreciate the importance of AC attributes and AUPR in curtailing artificial manipulation and enhancing financial reporting quality.Originality/valueThe findings provide an initial insight into the moderating effect of AUPR on the relationship between AC attributes and CSA.

The Influence of Institutional Ownership, Leverage, and Audit Committee on Earnings Management: Evidence of Companies Listed on the Indonesia Stock Exchange

Objective – This research aimed to analyze: 1) The influence of institutional ownership to earnings management, 2) The influence of leverage to earnings management dan 3) The influence of audit committee. Design/methodology – Population in this research is entire companies listed on the Indonesia Stock Exchange (BEI) in 2015-2017. Election of the sample with the purposive sampling method and is obtained by the amount of sample counted 194 company. This research used secondary data. The analysis used is multiple linear regression and t-test, to seek the influence of institutional ownership, leverage, and audit committee to earnings management. Results – Result of examination indicate that: 1) Institutional ownership had a significant effect to earnings management, with direction is positive 2) Leverage had a significant effect to earnings management, with direction is negative and 3) audit committee had a significant effect to earnings management, with direction is positive.

Fair value hierarchy in financial instruments disclosure - do audit committee and internal audit matter

This paper investigates the influence of audit committee (AC) and internal audit (IA) on fair value hierarchy (FVH) in financial instruments disclosure under the amendments made in March 2009 to IFRS 7 in Mauritius. Specific data on FVH was collected from the annual reports of the top 30 listed companies for the period 2010-2013. A disclosure index was then constructed, and the impact of AC and IA is investigated. Banks and insurance companies still need to improve the disclosure of FVH (particularly level 3 hierarchies) by 20%-25%. The existence of AC and the competence of its member(s) are statistically significant whereas its independence is moderately significant. The presence of IA function is positive but moderately significant whereas independence and competence are positively related but insignificant. This paper informs regulator(s), practicing accountants/auditors and professional associations on the effective influence of AC and IA on disclosure practices of FVH in financial instruments.

PENGARUH KUALITAS AUDITOR, SISTEM PENGENDALIAN INTERNAL DAN KOMITE AUDIT TERHADAP AUDIT DELAY PADA KANTOR AKUNTAN PUBLIK SE KOTA MAKASSAR

The purpose of this study was to analyze the effect of auditor quality on audit delay in KAP in Makassar City, to analyze the effect of the internal control system on audit delay in KAP in Makassar City, to analyze the influence of audit committees on audit delay in KAP in Makassar City. To implement these objectives, data collection techniques are used through questionnaires, while data analysis techniques are used validity test, reliability test, classic assumption test, multiple linear regression analysis and hypothesis testing. The results showed that the effect of auditor quality with audit delay, it can be concluded that the auditor's quality has a positive and significant effect on audit delay in several public accounting firms throughout the city of Makassar. The influence of the internal control system with audit delay, it can be concluded that the internal control system has a positive and significant influence on audit delay in several public accounting firms throughout the city of Makassar. The influence of the audit committee with audit delay, it can be concluded that the audit committee has a positive and significant influence on audit delay in several Public Accounting Firms in the city of Makassar. From the results of regression testing it can be concluded that the dominant variable influencing audit delay in several Public Accounting Firms in the city of Makassar is the internal control system.

Analisa Faktor Yang Berpengaruh Terhadap Nilai Perusahaan Dengan Kualitas Laba Sebagai Variabel Intervening Pada Perusahaan Manufaktur

The purpose of this studi is to analyze of Factors that affect the Company Value with the Quality of profit as intervening variable on manufacture company on Manufacturing Companies Listed In Indonesia Stock Exchange. The results obtained as follows: Direct Influence Managerial ownership has a negative and significant effect on Corporate Value, Institutional ownership has a positive and significant effect on Corporate Value, Audit Committee existence has negative and insignificant effect on firm value. Indirect Effect is managerial ownership has a negative and insignificant effect on profit quality as well as earnings quality has positive and significant effect to company value, institutional ownership has negative and insignificant effect on profit quality and earnings quality have positive and significant influence to company value while existence of audit committee influences positive and significant to profitability as well as earnings quality have positive and significant impact to company value. Direct influence Managerial ownership of Corporate Value is greater than the indirect effect of managerial ownership on Corporate Value by mediating the quality of earnings so as to increase the Company's value of the selected direct path. It can be said that earnings quality can not function as intervening variable between managerial ownership and company value. The direct effect of Institutional Ownership on Corporate Value is greater than the indirect effect of Institutional Ownership on Corporate Values with the mediation of earnings quality, so as to increase the Company's value of selected direct paths. It can be said that earnings quality can not function as intervening variable between managerial ownership and company value. The Influence of Audit Committee's Existence on Corporate Value is less than indirect influence The existence of the Audit Committee on Corporate Values with the mediation of earnings quality so as to increase the Company's value is chosen indirect path. It can be said that earnings quality can serve as intervening variable between Audit Committee's existence with company value. Keywords: managerial ownership, institutional ownership, presence of audit committee, corporate value, earnings quality

PENGARUH CORPORATE SOCIAL RESPONSIBILITY DAN GOOD CORPORATE GOVERNANCE TERHADAP NILAI PERUSAHAAN (STUDI PADA SEKTOR PERTAMBANGAN DI BURSA EFEK INDONESIA)

Abstract This study aims to analyze the influence of Corporate Social Responsibility and Good Corporate Governance (independent commissioner, number of directors and number of audit committees) on the value of the company in the mining issuer in Indonesia Stock Exchange. Research samples of 20 companies and years of research that is 2011 - 2015. The data collected is processed by simple and multiple regression. The result of research shows that there is no influence of Corporate Social Responsibility to Corporate Value. The effect of independent commissioners on corporate value is insignificant. The effect of the number of directors on firm value is significant. The influence of audit committees on corporate value is not significant. Simultaneously CSR, independent commissioner, number of directors and number of audit committee have an effect on signifikan to Company Value. The magnitude of Corporate Social Responsibility and Good Corporate Governance (Independent Commissioner, Number of Directors and Audit Committee) to the dependent variable of Corporate Value has a coefficient of determination of 0.049 indicating that the contribution of Corporate Social Responsibility and Good Corporate Governance of Independent Commissioners, Number of Directors, and Audit Committee) together against Corporate Value is 4.9%, the rest is caused by other factors. Keywords : Corporate Social Responsibility, Good Corporate Governance, Corporate Value

Influence of audit committees on internal audit conformance with internal audit standards

Purpose – This study aims to provide empirical evidence of the association between audit committee characteristics and internal audit conformance with the International Standards for the Professional Practice of Internal Auditing (ISPPIA). Design/methodology/approach – Seventy-four usable responses were received from a survey of chief internal auditors (CIAs) from Saudi companies listed on the Saudi Stock Exchange. Findings – The results indicate that audit committee characteristics (the presence of independent members on the committee, members’ expertise in auditing and accounting and meeting with the CIA) influence internal audit conformance with the ISPPIA. Additionally, they demonstrate that such conformance is also influenced by CIA tenure. Practical implications – The findings of this study also have significant implications for audit committees wishing to improve their overall effectiveness, by identifying the impact of the committee’s characteristics on internal audit conformance with the ISPPIA. Originality/value – The results add to the literature on internal audit standards by introducing a Middle Eastern perspective and simultaneously providing insights for companies in their attempts to adhere to the international standards, hence, supporting efforts towards good corporate governance.

The Influence of Audit Committees on Financial Restatements: A Social Exchange Process

The Influence of Audit Committees on Financial Restatements: A Social Exchange Process