Social Sciences
a year ago

Audit Committee Meetings Delay Financial Reporting, Impacting Investor Decisions

Jurnal Pamator Jurnal Ilmiah Universitas Trunojoyo
Characteristics of the Audit Committee on Delay in Audit Reporting
Jesni Jesni, Santi Yopie

Paper Summary

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The characteristics of the audit committee, like having accounting expertise or being independent, were studied to see if they affect audit delays in financial reporting. The researchers looked at data from 243 companies listed on the IDX from 2017-2021. They found that most characteristics of the audit committee did not have a significant impact on audit delays, except for the frequency of audit committee meetings, which actually increased delays. This suggests that more efficient and effective audit committee meetings are needed to prevent delays in financial reporting.