Business, Management and Accounting
8 years ago

Audit Committees Strengthen Financial Reporting, Boost Audit Quality in UK Firms

1 view
Financial reporting quality, auditor remuneration and corporate governance : UK evidence
Jihad Al‐Okaily

Paper Summary

Related papers

Business, Management and Accounting
8 years ago

Breaking 'Audit Oligopoly' Could Impact Financial Accounting and Audit Quality

Risk Management
2 views
Business, Management and Accounting
8 years ago

Independent boards and quality auditors reduce earnings manipulation in UK

Earnings Management
Risk Management
2 views
Business, Management and Accounting
3 years ago

Intelligent Algorithms Revolutionize Financial Reporting, Empower Audit Committees in Nigeria

Earnings Management
Corporate Governance
Value-based Management
2 views

The study looked at how audit committees and boards of directors in the UK impact financial reporting quality and audit fees. They analyzed data from FTSE 350 firms between 2008 and 2010. The researchers found that governance characteristics were linked to better financial reporting quality, especially in revenue recognition. They also discovered that audit fees were higher when governance mechanisms were in place, indicating a positive impact on audit quality.