Audit Committee Effectiveness and Audit Report Lag in Oman

This study investigates whether there is an association between audit committee effectiveness, measured by audit committee independence, size, expertise, and meetings, and audit report lag for companies listed on the Muscat Securities Market (MSM). Data were collected from 110 companies in the fina...

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Main Author:	Baatwah, Saeed Rabea Ali
Format:	Thesis
Language:	eng eng
Published:	2011
Subjects:	HF5601-5689 Accounting
Online Access:	https://etd.uum.edu.my/2588/1/Saeed_Rabea_Ali_Baatwah.pdf https://etd.uum.edu.my/2588/2/1.Saeed_Rabea_Ali_Baatwah.pdf
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id	my-uum-etd.2588
record_format	uketd_dc
spelling	my-uum-etd.25882022-04-13T00:07:55Z Audit Committee Effectiveness and Audit Report Lag in Oman 2011-01 Baatwah, Saeed Rabea Ali Kamardin, Hasnah College of Business (COB) College of Business HF5601-5689 Accounting This study investigates whether there is an association between audit committee effectiveness, measured by audit committee independence, size, expertise, and meetings, and audit report lag for companies listed on the Muscat Securities Market (MSM). Data were collected from 110 companies in the financial year 2009. Descriptive analysis was used to provide insight into the time taken by external auditors to complete the audit work. The results showed that, on average, 51 days were taken to accomplish external audit function. Meanwhile, the minimum was 18 days and the maximum was 76 days. In addition, regression analysis was performed to provide empirical evidence on which variables of effective audit committee had significant impact on audit report lag. The results showed that audit committee independence was negatively related to audit report lag. Moreover, there was a negative relationship between audit committee expertise and audit report lag. The other two variables of effective audit committee (audit committee size and frequency of audit committee meetings) were found to have insignificant association with audit report lag. 2011-01 Thesis https://etd.uum.edu.my/2588/ https://etd.uum.edu.my/2588/1/Saeed_Rabea_Ali_Baatwah.pdf text eng public https://etd.uum.edu.my/2588/2/1.Saeed_Rabea_Ali_Baatwah.pdf text eng public masters masters Universiti Utara Malaysia
institution	Universiti Utara Malaysia
collection	UUM ETD
language	eng eng
advisor	Kamardin, Hasnah
topic	HF5601-5689 Accounting
spellingShingle	HF5601-5689 Accounting Baatwah, Saeed Rabea Ali Audit Committee Effectiveness and Audit Report Lag in Oman
description	This study investigates whether there is an association between audit committee effectiveness, measured by audit committee independence, size, expertise, and meetings, and audit report lag for companies listed on the Muscat Securities Market (MSM). Data were collected from 110 companies in the financial year 2009. Descriptive analysis was used to provide insight into the time taken by external auditors to complete the audit work. The results showed that, on average, 51 days were taken to accomplish external audit function. Meanwhile, the minimum was 18 days and the maximum was 76 days. In addition, regression analysis was performed to provide empirical evidence on which variables of effective audit committee had significant impact on audit report lag. The results showed that audit committee independence was negatively related to audit report lag. Moreover, there was a negative relationship between audit committee expertise and audit report lag. The other two variables of effective audit committee (audit committee size and frequency of audit committee meetings) were found to have insignificant association with audit report lag.
format	Thesis
qualification_name	masters
qualification_level	Master's degree
author	Baatwah, Saeed Rabea Ali
author_facet	Baatwah, Saeed Rabea Ali
author_sort	Baatwah, Saeed Rabea Ali
title	Audit Committee Effectiveness and Audit Report Lag in Oman
title_short	Audit Committee Effectiveness and Audit Report Lag in Oman
title_full	Audit Committee Effectiveness and Audit Report Lag in Oman
title_fullStr	Audit Committee Effectiveness and Audit Report Lag in Oman
title_full_unstemmed	Audit Committee Effectiveness and Audit Report Lag in Oman
title_sort	audit committee effectiveness and audit report lag in oman
granting_institution	Universiti Utara Malaysia
granting_department	College of Business (COB)
publishDate	2011
url	https://etd.uum.edu.my/2588/1/Saeed_Rabea_Ali_Baatwah.pdf https://etd.uum.edu.my/2588/2/1.Saeed_Rabea_Ali_Baatwah.pdf
_version_	1747827381592129536

Audit Committee Effectiveness and Audit Report Lag in Oman

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