بررسی رابطه بین دو عامل حق‌الزحمه‌ حسابرسی و تغییر حسابرس با تأخیر در ارائه‌ گزارش حسابرسی شرکت‌های دارویی پذیرفته‌شده در بورس اوراق بهادار

نوع مقاله: مقاله پژوهشی

نویسندگان

1 استادیار حسابداری دانشگاه شهید چمران اهواز.

2 دانشجوی کارشناسی ارشد حسابداری دانشگاه شهید چمران اهواز.

چکیده

مقدمه: تأخیر در ارائه گزارش حسابرسی به‌طور مستقیم بر کارایی حسابرسی و به‌موقع‌بودن اعلام سود مؤثر است. هم‌چنین، زمان ارائه گزارش حسابرسی یکی از عامل‌های مهم در تعیین به‌موقع بودن گزارشگری مالی شرکت‌ها است. بنابراین، بررسی عامل‌های مؤثر بر تأخیر در ارائه‌ گزارش حسابرسی ضروری به نظر می‌رسد.
روش پژوهش: در این پژوهش رابطه بین حق‌الزحمه‌ حسابرسی و تغییر حسابرس با تأخیر در ارائه‌ گزارش حسابرسی 17 شرکت دارویی پذیرفته‌شده در بورس اوراق بهادار تهران در بازه زمانی 1391-1386 مورد آزمون قرارگرفته است. برای بررسی روابط بین متغیرها از روش رگرسیون چندگانه و نرم‌افزار Eviews نسخه 8 استفاده شده است.
یافته‌ها: به‌طور متوسط شرکت‌های مورد بررسی، 58 روز بعد از پایان سال مالی با انحراف معیار 20 روز گزارش حسابرسی خود را ارائه کرده‌اند. هم‌چنین، بیش‌ترین میزان تأخیر در ارائه گزارش حسابرسی 113 روز و کم‌ترین آن 23 روز است. این موضوع نشان می‌دهد که همه مؤسسات حسابرسی قبل از تمام‌شدن مهلت مقرر شرکت‌ها برای ارائه گزارش‌های مالی (4 ماه پس از پایان سال مالی) گزارش حسابرسی خود را ارائه کرده‌اند.
نتیجه‌گیری: نتایج حاصل از آزمون فرضیه‌های پژوهش نشان می‌دهد که تغییر حسابرس با تأخیر در ارائه‌ گزارش حسابرسی رابطه معناداری ندارد اما حق‌الزحمه‌ حسابرسی با تأخیر در ارائه‌ گزارش حسابرسی رابطه مثبت و معناداری دارد.

کلیدواژه‌ها


عنوان مقاله [English]

Investigating the Relationship between Auditor Change and Audit Fee with Audit Report Lag of Pharmaceutical Companies Listed on the Tehran Stock Exchange

نویسندگان [English]

  • S. A. Vaez 1
  • V. Ahmadi 2
1 Assistant Professor, Department of Accounting, Shahid Chamran University of Ahwaz.
2 M. A. Student in Accounting, Shahid Chamran University of Ahwaz.
چکیده [English]

Introduction: Audit report lag is directly associated with audit efficiency and timely announcement of earnings. Moreover, the time of audit report is one of the important factors in determining the timeliness of corporate financial reporting. So, it seems necessary to investigate the effective factors in audit report lag.
Method: In this research, the relationship between auditor change and audit fee with audit report lag has been examined in 17 Pharmaceutical companies listed on the Tehran Stock Exchange during 2008-2013. In order to investigate the relationship between variables, multiple regression model and Software Eviews Version 8 have been used.
Results: On average, the studied companies have issued their audit report 58 days after fiscal year with a standard deviation of 20 days. Also, the maximum audit report lag is 113 days and its minimum lag is 23 days. It shows that all audit firms have published their audit reports before expiring the deadline for submission of financial reports (4 month after fiscal year).
Conclusion: The results derived from testing the research hypotheses indicate that there is no significant relationship between auditor change and audit report lag, but there is a significant and positive relationship between audit fee and audit report lag.

کلیدواژه‌ها [English]

  • Auditor Change
  • Audit Fee
  • Audit Report Lag
1        Schroeder, R. G.; Clark Myrtle, W.; and J. M. Cathey (2008). Financial Accounting Theory and Analysis: Text and Cases, 9th Edition, John Wiley and Sons, Inc.

2        Ahmadi, V. (2014). “Investigating the Relationship between Some of Audit Quality Indicators and Company's Features with the lag in the Audit Report”, M. A. Thesis in Accounting, Shahid Chamran University of Ahwaz. [In Persian]

3        Owusu-Ansah, S. and S. Leventis (2006). “Timeliness of Corporate Annual Financial Reporting in Greece”, European Accounting Review, Vol. 15, No. 2, pp. 273-287.

4        Dogan, M.; Coskun, E.; and O. Celik (2007). “Is Timing of Financial Reporting Related to Firm Performance? An Examination on ISE Listed Company”, International Research Journal of Finance and Economic, No. 12, pp. 221-233.

5        Mahdavi, Gh. and M. Jamalian Pour (2011). “Effective Factors on Speed of Financial Reporting in Tehran Stock Exchange”, Financial Accounting Research, No. 4, pp. 89-108. [In Persian]

6         Bamber, E. M.; Bamber, L. S.; and M. P. Schoderbek (1993). “Audit Structure and Other Determinants of Audit Report Lag: An Empirical Analysis”, Auditing: A Journal of Practice and Theory, Vol. 12, No. 1, pp. 1-23.

7        Givoly, D. and D. Palmon (1982). “Timeliness of Annual Earnings Announcements: Some Empirical Evidence”, The Accounting Review, Vol. 57, No. 3, pp. 486-508.

8        Wermert, J. G. J.; Dodd, L.; and T. A. Doucet (1997). “An Empirical Examination of Audit Reporting Lag Using Clienet and Cycle Firm Cycle Times Banks”, Quarterly Jounal of Business and Economics, Vol. 56, pp. 35-49.

9        Izadinia, N.; Fadvi, M.; and M. Amininia (2014). “Investigating the Effect of Complexity of Accounting and Transparency of Corporate Financial Reporting on Audit Report Lag”, Journal of Audit Science, Vol. 4, No. 18, pp. 87-103. [In Persian]

10    Leventis, S.; Weetman, P.; and C. Caramanis (2005). “Determinants of Audit Report Lag: Some Evidence from the Athens Stock Exchange”, International Journal of Auditing, Vol. 9, No. 1, pp. 45-58.

11    Javaheri, E. (2006). “Sarbense-Oxely”, Hesabras, No. 35, pp. 83-85. [In Persian]

12    Schwartz, K. B. and B. S. Soo (1996). “The Association between Auditor Changes and Reporting Lags”, Contemporary Accounting Research, Vol. 13, No. 1, pp. 357-370.

13    Arens, A. and J. Loebbecke (2000). Auditing: An Integrated Approach, 4th Edition, Englewood Cliffs, NJ: Prentice-Hall.

14    Rashidi, M. (2012). “The Effect of Audit Quality on the Audit Fee of Companies”, M. A. Thesis in Accounting, Shahid Chamran University of Ahwaz. [In Persian]

15    Bozorg-asl, M. (2009). “On Independent Audit Fee”, Hesabdar, No. 210, p. 1 [In Persian]

16    Al-Harshani, M. O. (2008). “The Pricing of Audit Services: Evidence from Kuwait”, Managerial Auditing Journal, Vol. 7, No. 23, pp. 685-696.

17    Johnson, L. E. (1998). “Further Evidence on the Determinants of Local Government Audit Delay”, Journal of Public Budgeting, Accounting and Financial Management, Vol. 10, No. 3, pp. 375-397.

18    Houghton, K. A. and C. A. Jubb (1999). “The Cost of Audit Qualification: The Role of Non-Audit Services”, Journal of International Accounting, Auditing and Taxation, Vol. 8, No. 2, pp. 215-240.

19     Rubin, M. (1992). “Municipal Selection of a State or External Auditor for Financial Statement Audits”, Journal of Accounting and Public Policy, Vol. 11, No. 2, pp. 155-178.

20    Moien, M. (2008). Persian Encyclopaedia, 11th Edition, Tehran: Sarayesh Publications. [In Persian]

21    Kirk, D. L.; Block, F. E.; March, J. W.; Morgan, R. A.; Mosso, D.; Sprouse, R. T.; and R. E. Walters (1980). “Statement of Financial Accounting Concepts Qualitative Characteristics of Accounting Information”, Journal of Accounting, Vol. 150, No. 2, pp. 105-120.

22    Henderson, B. C. and S. E. Kaplan (2000). “An Examination of Audit Reporting Lag for Banks: A Panel Data Approach?”, Auditing: A Journal of Practice and Theory, Vol. 19, No. 2, pp. 159-174.

23    Kross, W. and D. Schroeder (1984). “An Empirical Investigation of the Effect of Quarterly Earnings Announcement Timing on Stock Returns”, Journal of Accounting Research, Vol. 22, No. 1, pp. 153-176.

24    Knechel, W. R. and J. L. Payne (2001). “Additional Evidence Audit Report Lag, Auditing”, Auditing: A Journal of Practice and Theory, Vol. 20, No. 1, pp. 137-146.

25    Jaggi B. and J. Tsui (1999). “Determinants of Audit Report Lag: Further Evidedence from Hong Kong”, Accounting and Business Research, Vol. 30, No. 1, pp. 17-28.

26    Adzrin, R. and R. Ahmad (2003). “Audit Delay and Timeliness of Corporate Reporting: Malaysian Evidence”, Working Paper, University of Technology Malaysian. Available at: http://www.researchsate.net/publicatio.[Online] [11 March 2014]

27    Ho-Young, L. and J. Geum-Joo (2008). “Determinants of Audit Report Lag: Evidence from Korea - An Examination of Auditor-Related Factors”, The Journal of Applied Business Research, Vol. 24, No. 2, pp. 87-104.

28    Ahmed, A. and M. D. Hossain (2010). “Audit Report Lag: A Study of the Bangladeshi Listed Companies”, ASA University Review, Vol. 4, No. 2, pp. 49-56.

29    Tanyi, P.; Raghunandan, K.; and A. Barua (2010). “Audit Report Lags after Voluntary and Involuntary Auditor Change”, Accounting Horizons, Vol. 24, No. 4, pp. 671-688.

30    Ahsan, H. and M. D. Bhuiyan (2011). “Audit Firm Industry Specialization and the Audit Report Lag”, Journal of International Accounting, Auditing and Taxation, Vol. 20, No. 1, pp. 33-44.

31    Chen, F.; Hou, Y.; Richardson, G.; and M. Ye (2012). “Auditor Industry Expertise and the Timeliness and Usefulness of Litigation Loss Contingency Disclosures”, Available at: www.ssrn.com. [Online] [11 March 2014].

32    Kennedy, M.; Emmanuel, E.; and J. Ohiorenuan (2012). “Determinants of Audit Delay in Nigerian Companies: Empirical Evidence”, Research Journal of Finance and Accounting, Vol. 3, No. 6, pp. 46-54.

33    Kam, W. L. and C. Cheuk (2005). “Audit Report Lag, Audit Partner Rotation and Audit Firm Rotation: Evidence from Australia”, Social Science Electronic Publishing, Available at: http://ssrn.com/abstract =783684. [Online] [11 March 2014]

34    Ahmad, A. C. and S. Abidin (2012). “Auditor Industry Specialism and Reporting Timeliness”, Procedia - Social and Behavioral Sciences, Vol. 65, No. 3, pp. 873-878.

35    Alkhatib, K. and Q. Marjib (2012). “Audit Reports Timeliness: Empirical Evidence from Jordan”, Social and Behavioral Sciences, Vol. 62, No. 24, pp. 1342-1349.

36    Badri, A. and H. Alikhani (2007). “Determinants of Audit Report Lag, the Decomposition Process CCT and FCT”, Payam Modiriat, Nos. 21 and 22, pp. 83-118. [In Persian]

37    Barzide, F. and M. Moayyeri (2008(. “The Effective Factors on Audit Report Timeliness”, Empirical Studies in Financial Accounting Quarterly, No. 16, pp. 43-69. [In Persian]

38    Moradi, M. and M. Pourhosseini (2009). “Investigating the Relationship between Financial and Non-Financial Characteristics and Duration of Executing and Completing Audit Operations”, Journal of Accounting Research, No. 1, pp. 168-185. [In Persian]

39    Alavi Tabari, S. H. and Z. Aref-manesh (2013). “Investigating the Relationship between Auditor Industry Specialization and Audit Report Lag”, Journal of Accounting Knowledge, No. 14, pp. 7-32. [In Persian]

40    Behrouzi, A.; Banimahd, B.; and A. Soleymani (2013). “Audit Fees and Timeliness of Accounting Information: Evidence from Iran”, Journal of Basic and Applied, Scientific Research, Vol. 3, No. 6, pp. 481-487.

41    Dadashi, I.; Asghari, M.; Zareie, S.; and M. Jafari-baie (2013). “Investigating the Effect of Capital Structure and Financing on the Technical Efficiency of Pharmaceutical Companies Listed on the Tehran Stock Exchange”, Journal of Health Accounting, Vol. 2, No. 1, pp. 1-19. [In Persian]

42    Salehi, M.; Valipour, H.; and F. Akhtarshenas (2013). “Investigating the Effect of the Type of Auditing Report on Financing (Borrowing from Banks) of Pharmaceutical Products and Materials Industry Companies Listed on the Tehran Stock Exchange”, Journal of Health Accounting, Vol. 2, No. 1, pp. 35-56. [In Persian]