##plugins.themes.academic_pro.article.sidebar##
Published
Jun 22, 2023
Download
Statistic
Read Counter : 90
Download : 51
Downloads
Download data is not yet available.
Main Article Content
Abstract
This study aims to determine the effect of the chief financial officer's educational background and profitability on audit report lag. The research object is infrastructure sector companies for the 2018-2021 period. The method in this research is quantitative research with multiple linear regression tests. The sampling technique used is the purposive sampling method. Based on the study's results, (1) CFO's educational background does not affect audit report lag. (2) Profitability has a positive effect on audit report lag. The limitations of this study are the possibility of other independent variables that can explain in more detail the audit report lag phenomenon.
Article Details
This work is licensed under a Creative Commons Attribution 4.0 International License.
How to Cite
Uzliawati , L., Muttaqin, G. F., & Kurnia , R. N. (2023). The Effect of The Education Background of The Chief Financial Officer and Profitability on Audit Report Lag. International Journal of Multidisciplinary: Applied Business and Education Research, 4(6), 1816-1822. https://doi.org/10.11594/ijmaber.04.06.07
References
Agyei-Mensah, B. K. (2018). Impact Of Corporate Governance Attributes And Financial Reporting Lag On Corporate Financial Performance. African Journal Of Economic And Management Studies, 9(3), 349–366. https://doi.org/10.1108/ajems-08-2017-0205
Aifuwa, H. O., & Saidu, M. (2020). Audit Committee Attributes And Timeliness Of Corporate Financial Reporting In Nigeria. Accounting And Finance, 88(2), 115–124. Retrieved From https://ssrn.com/abstract=3640107
Al-Ebel, A., Baatwah, S., & Al-Musali, M. (2020). Religiosity, Accounting Expertise, And Audit Report Lag: Empirical Evidence From The Individual Level. Cogent Business & Management, 7(1), 1823587. https://doi.org/10.1080/23311975.2020.1823587
Almuzaiqer, M. A. (2018). Timeliness Of Financial Reporting And Audit Committee Effectiveness: Evidence From UAE. UNIMAS Review Of Accounting And Finance, 1(1). https://doi.org/10.33736/uraf.931.2018
Alyaarubi, H. J., Alkindi, D. S., & Ahmed, E. R. (2021). Internal Auditing Quality And Earnings Management: Evidence From Sultanate Of Oman. Journal Of Governance And Integrity, 4(2), 115–124. https://doi.org/10.15282/jgi.4.2.2021.6054
Atiase, V. Y., Mahmood, S., Wang, Y., & Botchie, D. (2018). Developing Entrepreneurship In Africa: Investigating Critical Resource Challenges. Journal Of Small Business And Enterprise Development, 25(4), 644–666. https://doi.org/10.1108/jsbed-03-2017-0084
Biswas, P. K., Roberts, H., & Whiting, R. H. (2019). The Impact Of Family Vs Non-Family Governance Contingencies On CSR Reporting In Bangladesh. Management Decision, 57(10), 2758–2781. https://doi.org/10.1108/md-11-2017-1072
Dikolli, S. S., Heater, J. C., Mayew, W. J., & Sethuraman, M. (2021). Chief Financial Officer Co-Option And Chief Executive Officer Compensation. Management Science, 67(3), 1939–1955. https://doi.org/10.1287/mnsc.2019.3519
Durand, G. (2019). The Determinants Of Audit Report Lag: A Meta-Analysis. Managerial Auditing Journal, 34(1), 44–75. https://doi.org/10.1108/maj-06-2017-1572
Florackis, C., & Sainani, S. (2018). How Do Chief Financial Officers Influence Corporate Cash Policies? Journal Of Corporate Finance, 52, 168–191. https://doi.org/10.1016/j.jcorpfin.2018.08.001
Ghardallou, W. (2022). Corporate Sustainability And Firm Performance: The Moderating Role Of CEO Education And Tenure. Sustainability, 14(6), 3513. https://doi.org/10.3390/su14063513
Habib, S., & Hamadneh, N. N. (2021). Impact Of Perceived Risk On Consumers Technology Acceptance In Online Grocery Adoption Amid COVID-19 Pandemic. Sustainability, 13(18), 10221. https://doi.org/10.3390/su131810221
Harris, E. E., Tate, S. L., & Zimmerman, A. B. (2019). Does Hiring A Local Industry Specialist Auditor Matter To Nonprofit Organizations? Nonprofit And Voluntary Sector Quarterly, 48(3), 633–664. https://doi.org/10.1177/0899764018784752
Ho, C.-Y., Tsai, B.-H., Chen, C.-S., & Lu, M.-T. (2021). Exploring Green Marketing Orientations Toward Sustainability The Hospitality Industry In The COVID-19 Pandemic. Sustainability, 13(8), 4348. https://doi.org/10.3390/su13084348
Indarti, S. (2021). The Effects Of Education And Training, Management Supervision On Development Of Entrepreneurship Attitude And Growth Of Small And Micro Enterprise. International Journal Of Organizational Analysis, 29(1), 16–34. https://doi.org/10.1108/ijoa-09-2019-1890
Jiménez-Marín, G., Elías Zambrano, R., Galiano-Coronil, A., & Ravina-Ripoll, R. (2021). Business And Energy Efficiency In The Age Of Industry 4.0: The Hulten, Broweus And Van Dijk Sensory Marketing Model Applied To Spanish Textile Stores During The COVID-19 Crisis. Energies, 14(7), 1966. https://doi.org/10.3390/en14071966
Kaaroud, M. A., Mohd Ariffin, N., & Ahmad, M. (2020). The Extent Of Audit Report Lag And Governance Mechanisms. Journal Of Islamic Accounting And Business Research, 11(1), 70–89. https://doi.org/10.1108/jiabr-05-2017-0069
Knechel, W. R., Mao, J., Qi, B., & Zhuang, Z. (2021). Is There A Brain Drain In Auditing? The Determinants And Consequences Of Auditors Leaving Public Accounting*. Contemporary Accounting Research, 38(4), 2461–2495. Https://Doi.Org/10.1111/1911-3846.12702
Musonnafa, M. A., Sumiati, S., & Djazuli, A. (2022). The Effect Of Customer Relationship Management On Marketing Performance Mediated By Competitive Advantage And Innovation (Study On Area Managers Of Pharmaceutical Companies In East Java During The COVID-19 Pandemic). Asia Pacific Journal Of Management And Education, 5(2), 111–121. https://doi.org/10.32535/apjme.v5i2.1642
Nurfitriya, M., Koeswandi, T. A., Rachmani, N. N., & Widyawati, R. F. (2021). Competitive Strategies For Womenpreneurs In Tasikmalaya City During The Covid-19 Pandemic. The International Journal Of Business Review (The Jobs Review), 4(2), 133–140. https://doi.org/10.17509/tjr.v4i2.40523
Ocak, M. (2018). The Impact Of Auditor Education Level On The Relationship Between Auditor Busyness And Audit Quality In Turkey. Cogent Business & Management, 5(1), 1517588. https://doi.org/10.1080/23311975.2018.1517588
Oussii, A. A., & Boulila Taktak, N. (2018a). Audit Committee Effectiveness And Financial Reporting Timeliness. African Journal Of Economic And Management Studies, 9(1), 34–55. https://doi.org/10.1108/ajems-11-2016-0163
Oussii, A. A., & Boulila Taktak, N. (2018b). Audit Report Timeliness. Euromed Journal Of Business, 13(1), 60–74. https://doi.org/10.1108/emjb-10-2016-0026
Rahman, M. S., Hossain, M. A., Chowdhury, A. H., & Hoque, M. T. (2022). Role Of Enterprise Information System Management In Enhancing Firms Competitive Performance Towards Achieving Sdgs During And After COVID-19 Pandemic. Journal Of Enterprise Information Management, 35(1), 214–236. https://doi.org/10.1108/jeim-04-2021-0163
Rich, K. T., Roberts, B. L., & Zhang, J. X. (2018). Linguistic Tone And Internal Control Reporting: Evidence From Municipal Management Discussion And Analysis Disclosures. Journal Of Governmental & Nonprofit Accounting, 7(1), 24–54. https://doi.org/10.2308/ogna-52326
Saridakis, G., Lai, Y., Mohammed, A.-M., & Hansen, J. M. (2018). Industry Characteristics, Stages Of E-Commerce Communications, And Entrepreneurs And Smes Revenue Growth. Technological Forecasting And Social Change, 128, 56–66. https://doi.org/10.1016/j.techfore.2017.10.017
Solesvik, M., Iakovleva, T., & Trifilova, A. (2019). Motivation Of Female Entrepreneurs: A Cross-National Study. Journal Of Small Business And Enterprise Development, 26(5), 684–705. https://doi.org/10.1108/jsbed-10-2018-0306
Šušak, T. (2020). The Effect Of Regulatory Changes On Relationship Between Earnings Management And Financial Reporting Timeliness: The Case Of COVID-19 Pandemic·. Zbornik Radova Ekonomski Fakultet U Rijeka, 38(2), 453–473.
Sylvia Veronica Siregar, Delfita Siagian. (2018). The Effect Of Audit Committee Financial Expertise And Relative Status On Earnings Management: Case Of Indonesia. Jurnal Akuntansi, 22(3), 321. https://doi.org/10.24912/ja.v22i3.391
Wan Hussin, W. N., Bamahros, H. M., & Shukeri, S. N. (2018). Lead Engagement Partner Workload, Partner-Client Tenure And Audit Reporting Lag. Managerial Auditing Journal, 33(3), 246–266. https://doi.org/10.1108/maj-07-2017-1601
Aifuwa, H. O., & Saidu, M. (2020). Audit Committee Attributes And Timeliness Of Corporate Financial Reporting In Nigeria. Accounting And Finance, 88(2), 115–124. Retrieved From https://ssrn.com/abstract=3640107
Al-Ebel, A., Baatwah, S., & Al-Musali, M. (2020). Religiosity, Accounting Expertise, And Audit Report Lag: Empirical Evidence From The Individual Level. Cogent Business & Management, 7(1), 1823587. https://doi.org/10.1080/23311975.2020.1823587
Almuzaiqer, M. A. (2018). Timeliness Of Financial Reporting And Audit Committee Effectiveness: Evidence From UAE. UNIMAS Review Of Accounting And Finance, 1(1). https://doi.org/10.33736/uraf.931.2018
Alyaarubi, H. J., Alkindi, D. S., & Ahmed, E. R. (2021). Internal Auditing Quality And Earnings Management: Evidence From Sultanate Of Oman. Journal Of Governance And Integrity, 4(2), 115–124. https://doi.org/10.15282/jgi.4.2.2021.6054
Atiase, V. Y., Mahmood, S., Wang, Y., & Botchie, D. (2018). Developing Entrepreneurship In Africa: Investigating Critical Resource Challenges. Journal Of Small Business And Enterprise Development, 25(4), 644–666. https://doi.org/10.1108/jsbed-03-2017-0084
Biswas, P. K., Roberts, H., & Whiting, R. H. (2019). The Impact Of Family Vs Non-Family Governance Contingencies On CSR Reporting In Bangladesh. Management Decision, 57(10), 2758–2781. https://doi.org/10.1108/md-11-2017-1072
Dikolli, S. S., Heater, J. C., Mayew, W. J., & Sethuraman, M. (2021). Chief Financial Officer Co-Option And Chief Executive Officer Compensation. Management Science, 67(3), 1939–1955. https://doi.org/10.1287/mnsc.2019.3519
Durand, G. (2019). The Determinants Of Audit Report Lag: A Meta-Analysis. Managerial Auditing Journal, 34(1), 44–75. https://doi.org/10.1108/maj-06-2017-1572
Florackis, C., & Sainani, S. (2018). How Do Chief Financial Officers Influence Corporate Cash Policies? Journal Of Corporate Finance, 52, 168–191. https://doi.org/10.1016/j.jcorpfin.2018.08.001
Ghardallou, W. (2022). Corporate Sustainability And Firm Performance: The Moderating Role Of CEO Education And Tenure. Sustainability, 14(6), 3513. https://doi.org/10.3390/su14063513
Habib, S., & Hamadneh, N. N. (2021). Impact Of Perceived Risk On Consumers Technology Acceptance In Online Grocery Adoption Amid COVID-19 Pandemic. Sustainability, 13(18), 10221. https://doi.org/10.3390/su131810221
Harris, E. E., Tate, S. L., & Zimmerman, A. B. (2019). Does Hiring A Local Industry Specialist Auditor Matter To Nonprofit Organizations? Nonprofit And Voluntary Sector Quarterly, 48(3), 633–664. https://doi.org/10.1177/0899764018784752
Ho, C.-Y., Tsai, B.-H., Chen, C.-S., & Lu, M.-T. (2021). Exploring Green Marketing Orientations Toward Sustainability The Hospitality Industry In The COVID-19 Pandemic. Sustainability, 13(8), 4348. https://doi.org/10.3390/su13084348
Indarti, S. (2021). The Effects Of Education And Training, Management Supervision On Development Of Entrepreneurship Attitude And Growth Of Small And Micro Enterprise. International Journal Of Organizational Analysis, 29(1), 16–34. https://doi.org/10.1108/ijoa-09-2019-1890
Jiménez-Marín, G., Elías Zambrano, R., Galiano-Coronil, A., & Ravina-Ripoll, R. (2021). Business And Energy Efficiency In The Age Of Industry 4.0: The Hulten, Broweus And Van Dijk Sensory Marketing Model Applied To Spanish Textile Stores During The COVID-19 Crisis. Energies, 14(7), 1966. https://doi.org/10.3390/en14071966
Kaaroud, M. A., Mohd Ariffin, N., & Ahmad, M. (2020). The Extent Of Audit Report Lag And Governance Mechanisms. Journal Of Islamic Accounting And Business Research, 11(1), 70–89. https://doi.org/10.1108/jiabr-05-2017-0069
Knechel, W. R., Mao, J., Qi, B., & Zhuang, Z. (2021). Is There A Brain Drain In Auditing? The Determinants And Consequences Of Auditors Leaving Public Accounting*. Contemporary Accounting Research, 38(4), 2461–2495. Https://Doi.Org/10.1111/1911-3846.12702
Musonnafa, M. A., Sumiati, S., & Djazuli, A. (2022). The Effect Of Customer Relationship Management On Marketing Performance Mediated By Competitive Advantage And Innovation (Study On Area Managers Of Pharmaceutical Companies In East Java During The COVID-19 Pandemic). Asia Pacific Journal Of Management And Education, 5(2), 111–121. https://doi.org/10.32535/apjme.v5i2.1642
Nurfitriya, M., Koeswandi, T. A., Rachmani, N. N., & Widyawati, R. F. (2021). Competitive Strategies For Womenpreneurs In Tasikmalaya City During The Covid-19 Pandemic. The International Journal Of Business Review (The Jobs Review), 4(2), 133–140. https://doi.org/10.17509/tjr.v4i2.40523
Ocak, M. (2018). The Impact Of Auditor Education Level On The Relationship Between Auditor Busyness And Audit Quality In Turkey. Cogent Business & Management, 5(1), 1517588. https://doi.org/10.1080/23311975.2018.1517588
Oussii, A. A., & Boulila Taktak, N. (2018a). Audit Committee Effectiveness And Financial Reporting Timeliness. African Journal Of Economic And Management Studies, 9(1), 34–55. https://doi.org/10.1108/ajems-11-2016-0163
Oussii, A. A., & Boulila Taktak, N. (2018b). Audit Report Timeliness. Euromed Journal Of Business, 13(1), 60–74. https://doi.org/10.1108/emjb-10-2016-0026
Rahman, M. S., Hossain, M. A., Chowdhury, A. H., & Hoque, M. T. (2022). Role Of Enterprise Information System Management In Enhancing Firms Competitive Performance Towards Achieving Sdgs During And After COVID-19 Pandemic. Journal Of Enterprise Information Management, 35(1), 214–236. https://doi.org/10.1108/jeim-04-2021-0163
Rich, K. T., Roberts, B. L., & Zhang, J. X. (2018). Linguistic Tone And Internal Control Reporting: Evidence From Municipal Management Discussion And Analysis Disclosures. Journal Of Governmental & Nonprofit Accounting, 7(1), 24–54. https://doi.org/10.2308/ogna-52326
Saridakis, G., Lai, Y., Mohammed, A.-M., & Hansen, J. M. (2018). Industry Characteristics, Stages Of E-Commerce Communications, And Entrepreneurs And Smes Revenue Growth. Technological Forecasting And Social Change, 128, 56–66. https://doi.org/10.1016/j.techfore.2017.10.017
Solesvik, M., Iakovleva, T., & Trifilova, A. (2019). Motivation Of Female Entrepreneurs: A Cross-National Study. Journal Of Small Business And Enterprise Development, 26(5), 684–705. https://doi.org/10.1108/jsbed-10-2018-0306
Šušak, T. (2020). The Effect Of Regulatory Changes On Relationship Between Earnings Management And Financial Reporting Timeliness: The Case Of COVID-19 Pandemic·. Zbornik Radova Ekonomski Fakultet U Rijeka, 38(2), 453–473.
Sylvia Veronica Siregar, Delfita Siagian. (2018). The Effect Of Audit Committee Financial Expertise And Relative Status On Earnings Management: Case Of Indonesia. Jurnal Akuntansi, 22(3), 321. https://doi.org/10.24912/ja.v22i3.391
Wan Hussin, W. N., Bamahros, H. M., & Shukeri, S. N. (2018). Lead Engagement Partner Workload, Partner-Client Tenure And Audit Reporting Lag. Managerial Auditing Journal, 33(3), 246–266. https://doi.org/10.1108/maj-07-2017-1601