Title: The nexus between reducing audit report lags and divining integrated financial report governance disclosures: should ASE directives be more conspicuous?

Authors: Madher E. Hamdallah; Anan F. Srouji; Suzan R. Abed

Addresses: Accounting Department, Business Faculty, Al-Zaytoonah University, Airport Road, Amman, Jordan ' Accounting Department, King Talal School of Business Technology, Princess Sumaya University for Technology, Amman, Jordan ' Accounting Department, School of Business and Public Administration, University of the District of Columbia, Washington, DC, USA

Abstract: The purpose of the study is to explore any nexus between Amman Stock Exchange (ASE) governance required disclosures based on auditors' determinants on the audit reporting lag (ARL) to construct an integrated financial report (IFR). The study's audit determinants are revealed by terms of audit meetings, number of audit members, audit opinion, and type of audit company. Meanwhile total assets and bank performance indicated any non-audit determinants affecting the disclosure of IFR. The hypothesised paradigm is tested to pursue nexuses between the endogenous and exogenous variables for the years 2014, 2015 and 2016. Multivariate analysis revealed a positive nexus between the exogenous variables in the model as a whole and ARL. However, a negative influence of the audit committee number of meetings and type of audit opinion performed on ARL. Meanwhile, audit committee meetings and type of audit company had a positive effect on the ARL, all with significant nexuses.

Keywords: integrated financial reports; IFRs; audit determinants; audit reporting lag.

DOI: 10.1504/AAJFA.2021.111807

Afro-Asian Journal of Finance and Accounting, 2021 Vol.11 No.1, pp.81 - 103

Received: 10 Nov 2018
Accepted: 13 Oct 2019
Published online: 15 Dec 2020 *

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