Audit committee and the amendments of quarterly financial reports among Malaysian companies
This paper examines the association between audit committee characteristics (independence,expertise and activities)and the amendments of quarterly financial reports of Malaysian companies. Control variables, namely size of board of directors,size of company, profitability and auditor are also includ...
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| Format: | Article |
| Language: | English |
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Penerbit Universiti Kebangsaan Malaysia
2011
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| Online Access: | http://journalarticle.ukm.my/2088/ http://journalarticle.ukm.my/2088/ http://journalarticle.ukm.my/2088/1/jurus_32-01-lock.pdf |
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ukm-2088 |
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eprints |
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ukm-20882011-08-02T07:42:28Z http://journalarticle.ukm.my/2088/ Audit committee and the amendments of quarterly financial reports among Malaysian companies Ku Nor Izah Ku Ismail, Sharifah Asmawati Syed Abd Rahman, This paper examines the association between audit committee characteristics (independence,expertise and activities)and the amendments of quarterly financial reports of Malaysian companies. Control variables, namely size of board of directors,size of company, profitability and auditor are also included in this study. In this study, earch of the 63 sampled companies that amended their quarterly reports in 2005 is matched with a company that did not make any amendments. Results of the regression test indicate that companies having audit committees with two or more financial experts are less likesly to amend their quarterly reports although other variables (except for auditor) appear to have anegative association with amendments,statistically the association is insignificant. This study also observed taht most of the amendment are due to oversight, mathematical mistakes and typographical errors. The findings suggest thet to be effective, audit committees should have more than one financial expert. Penerbit Universiti Kebangsaan Malaysia 2011-07 Article PeerReviewed application/pdf en http://journalarticle.ukm.my/2088/1/jurus_32-01-lock.pdf Ku Nor Izah Ku Ismail, and Sharifah Asmawati Syed Abd Rahman, (2011) Audit committee and the amendments of quarterly financial reports among Malaysian companies. Jurnal Pengurusan, 32 . pp. 3-12. ISSN 0127-2713 http://pkukmweb.ukm.my/~penerbit/jurus.htm |
| repository_type |
Digital Repository |
| institution_category |
Local University |
| institution |
Universiti Kebangasaan Malaysia |
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UKM Institutional Repository |
| collection |
Online Access |
| language |
English |
| description |
This paper examines the association between audit committee characteristics (independence,expertise and activities)and the amendments of quarterly financial reports of Malaysian companies. Control variables, namely size of board of directors,size of company, profitability and auditor are also included in this study. In this study, earch of the 63 sampled companies that amended their quarterly reports in 2005 is matched with a company that did not make any amendments. Results of the regression test indicate that companies having audit committees with two or more financial experts are less likesly to amend their quarterly reports although other variables (except for auditor) appear to have anegative association with amendments,statistically the association is insignificant. This study also observed taht most of the amendment are due to oversight, mathematical mistakes and typographical errors. The findings suggest thet to be effective, audit committees should have more than one financial expert. |
| format |
Article |
| author |
Ku Nor Izah Ku Ismail, Sharifah Asmawati Syed Abd Rahman, |
| spellingShingle |
Ku Nor Izah Ku Ismail, Sharifah Asmawati Syed Abd Rahman, Audit committee and the amendments of quarterly financial reports among Malaysian companies |
| author_facet |
Ku Nor Izah Ku Ismail, Sharifah Asmawati Syed Abd Rahman, |
| author_sort |
Ku Nor Izah Ku Ismail, |
| title |
Audit committee and the amendments of quarterly financial reports among Malaysian companies |
| title_short |
Audit committee and the amendments of quarterly financial reports among Malaysian companies |
| title_full |
Audit committee and the amendments of quarterly financial reports among Malaysian companies |
| title_fullStr |
Audit committee and the amendments of quarterly financial reports among Malaysian companies |
| title_full_unstemmed |
Audit committee and the amendments of quarterly financial reports among Malaysian companies |
| title_sort |
audit committee and the amendments of quarterly financial reports among malaysian companies |
| publisher |
Penerbit Universiti Kebangsaan Malaysia |
| publishDate |
2011 |
| url |
http://journalarticle.ukm.my/2088/ http://journalarticle.ukm.my/2088/ http://journalarticle.ukm.my/2088/1/jurus_32-01-lock.pdf |
| first_indexed |
2023-09-18T19:35:10Z |
| last_indexed |
2023-09-18T19:35:10Z |
| _version_ |
1777405222537134080 |