A study investigated the relationship between audit delay (the length of time from a company's fiscal year-end to the date of the auditor's report) and variables that describe the client and the auditor. Some of the independent variables that were included in this study follow:
Industry A dummy variable coded l if the film was an industrial company or if the firm was a bank, savings and loan, or insurance company.
Public A dummy variable coded 1 if the company was traded on an organized exchange or over the counter, otherwise coded 0.
Quality A measure of overall quality of internal controls, as judged by the auditor, on a 5-point scale ranging from "virtually none" (1) to "excellent (5)
Finished A measure ranging from 1 to 4, as judged by the auditor, where I indicate all work performed subsequent to year-end" and 4 indicates "most work performed prior to year-end."
A sample of 40 companies provided the following data:
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the network diagram of a project1/2 14. A study investigated the relationship between audit delay...
A study investigated the relationship between audit delay
A study investigated the relationship between audit delay (the length of time from a company's fiscal year-end to the date of the auditor's report) and variables that describe the client and the auditor. Some of the independent variables that were included in this study follow: Industry A dummy variable coded 1 if the firm was an industrial company or if the firm was a bank, savings and loan, or insurance company. Public A dummy variable coded 1 If the company was traded...
A study investigated the relationship between audit delay (Delay), the length of time from a company's...
A study investigated the relationship between audit delay (Delay), the length of time from a company's fiscal year-end to the date of the auditor's report, and variables that describe the client and the auditor. The independent variables are as follows. Industry- A dummy variable coded 1 if the firm was an industrial company or 0 if the firm was a bank, savings and loan, or insurance company. Public-A dummy variable coded 1 if the company was traded on an organized...
In an article in Accounting and Business Research, Carslaw and Kaplan investigate factors that influence "audit delay"...
In an article in Accounting and Business Research, Carslaw and Kaplan investigate factors that influence "audit delay" for firms in New Zealand. Audit delay, which is defined to be the length of time (in days) from a company's financial year-end to the date of the auditor's report, has been found to affect the market reaction to the report. This is because late reports often seem to be associated with lower returns and early reports often seem to be associated with...
In an article in Accounting and Business Research, Carslaw and Kaplan investigate factors that influence “audit delay” for firms in New Zealand. Audit delay, which is defined to be the length of time (in days) from a company’s financial year-end to the da
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A study investigated the relationship between audit delay (the length of time from a company's fiscal year-end to the date of the auditor's report) and variables that describe the client and the auditor. Some of the independent variables that were included in this study follow: Industry A dummy variable coded 1 if the firm was an industrial company or if the firm was a bank, savings and loan, or insurance company. Public A dummy variable coded 1 If the company was traded...
In an article in Accounting and Business Research, Carslaw and Kaplan investigate factors that influence "audit delay" for firms in New Zealand. Audit delay, which is defined to be the length of time (in days) from a company's financial year-end to the date of the auditor's report, has been found to affect the market reaction to the report. This is because late reports often seem to be associated with lower returns and early reports often seem to be associated with...
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