Audit committee chair and financial reporting timeliness : a focus on financial, experiential and monitoring expertise

Ghafran, C.M.; Yasmin, S.

doi:10.1111/ijau.12101

Audit committee chair and financial reporting timeliness : a focus on financial, experiential and monitoring expertise

Ghafran, C.M.; Yasmin, S.

Authors

Dr Chaudhry Ghafran chaudhry.m.ghafran@durham.ac.uk
Associate Professor

S. Yasmin

Abstract

In this study, we examine the association of audit committee chair financial, experiential and monitoring expertise with the audit report lag period. We find that the experiential and monitoring expertise of audit committee chairs have a significant negative association with the delay in the audit report lag period, possibly resulting in more effective audit committee chairs, at least in the face of financial reporting timeliness. We also find that the audit committee composite compliance variable has a significant negative association with the audit report lag period, which suggests that a firm's compliance with audit committee regulations is also beneficial for financial reporting timeliness. These are important findings from the practice, academic and public policy perspectives.

Citation

Ghafran, C., & Yasmin, S. (2018). Audit committee chair and financial reporting timeliness : a focus on financial, experiential and monitoring expertise. International Journal of Auditing, 22(1), 13-24. https://doi.org/10.1111/ijau.12101

Journal Article Type	Article
Acceptance Date	Aug 18, 2017
Online Publication Date	Oct 16, 2017
Publication Date	Mar 1, 2018
Deposit Date	Sep 15, 2019
Publicly Available Date	Sep 27, 2019
Journal	International Journal of Auditing
Print ISSN	1090-6738
Electronic ISSN	1099-1123
Publisher	Wiley
Peer Reviewed	Peer Reviewed
Volume	22
Issue	1
Pages	13-24
DOI	https://doi.org/10.1111/ijau.12101
Public URL	https://durham-repository.worktribe.com/output/1321818
Related Public URLs	http://eprints.whiterose.ac.uk/120840/

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Copyright Statement
This is the accepted version of the following article: Ghafran, C.M. & Yasmin, S. (2018). Audit committee chair and financial reporting timeliness a focus on financial, experiential and monitoring expertise. International Journal of Auditing 22(1): 13-24., which has been published in final form at https://doi.org/10.1111/ijau.12101. This article may be used for non-commercial purposes in accordance with Wiley Terms and Conditions for self-archiving.