...-use rights only Corporate governance Audit committee gender diversity Financial reporting Restatement Iran The increasing prevalence of financial restatements has been given considerable attention by academia (Plumlee and Yohn, 2010). From the perspective of investors, restatements...

... requirements related to the audit of these operations. This paper is mainly a response to the second point: Italian Law 262/2005 increases the responsibility of the chief financial officer (CFO) for internal control over financial reporting (ICFR) effectiveness and has led to companies paying more attention...

...Michele Rubino; Filippo Vitolla Purpose – The purpose of this paper is to analyze how the COBIT framework, integrated within the internal control framework, enables improvement in the quality of financial reporting while helping to reduce or eliminate the material weaknesses (MWs) of internal...

... in reducing existing information asymmetry. Practical implications The authors' findings would assist practitioners in detecting asset misappropriation through financial reporting quality and investors and auditors should be more alert to negative discretionary accruals. Originality/value...

...Santanu Mitra; Mahmud Hossain; Barry R. Marks Purpose The purpose of the paper is to examine the association between the corporate ownership characteristics and the timely remediation of internal control weaknesses over financial reporting under Section 404 of the Sarbanes‐Oxley Act (SOX) of 2002...

...Ester Gras‐Gil; Salvador Marin‐Hernandez; Domingo Garcia‐Perez de Lema Purpose The purpose of this paper is to examine the relationship between a firm's internal audit function (IAF) and the quality of its financial reporting. Since regulations on corporate governance were introduced, numerous...

... independence is the sole effective mechanism in detecting financial reporting fraud. The results show that firms committing accounting fraud have a lower percentage of independent directors on the board and fewer non‐executive and independent directors on the audit committee than the matched control sample...

... governance COSO Agency theory Ordinal logistic regression Sweden Financial reporting A decade after the Enron and WorldCom scandals and the subsequent passing of the new Sarbanes‐Oxley Act (SOX, 2002) in the USA in 2002, it is clear that similar codes of corporate governance are being...

...George Emmanuel Iatridis Purpose The purpose of this study is to investigate how the provision of voluntary International Financial Reporting Standard (IFRS) disclosures in the pre‐adoption period has affected the IFRS transition process of UK listed firms. The study also seeks to identify...

.../approach The paper utilizes a sample of firms that had litigation proceedings filed against them for fraudulent financial reporting, and compare these firms to a sample of non‐fraud firms in the pre‐and post‐SOX period. First, the authors examine indicators of audit fees using the Simunic model. Next...

...Steven Dellaportas; Philomena Leung; Barry J Cooper; Fang Sun; Xiangjing Wei; Yang Xu Purpose The purpose of this paper is to investigate two audit committee characteristics – independence and expertise of the audit committee – and the property‐liability insurers' financial reporting quality...

... between audit committee effectiveness and timeliness of reporting. Findings The findings show that timeliness of reporting is associated with audit committee effectiveness. This result suggests that audit committee effectiveness is likely to reduce the financial reporting lead time, i.e. the time...

... the construction and manufacturing sectors followed by personal products and food and beverages. © Emerald Group Publishing Limited 2012 Greece Accounting information Financial reporting Earnings management Euro Euro adoption Value relevance Asymmetric timeliness However, some euro...

.... Originality/value Entity reporting of environmental events is receiving unprecedented levels of interest and this paper contributes to the materiality research and practice in this area. Whilst it may be presumed that the objective of financial reporting is the provision of relevant and reliable...

... effectiveness in detecting tax evasion have significant implications, as the 2010 Greek tax bill grants the audit firms the right to issue certificates for tax purposes. Originality/value This paper contributes to the literature of fraudulent financial reporting by focusing on one specific form of fraud...

... literature are demonstrated. Originality/value This paper provides a substantial contribution to the literature by establishing a direct link between the connotation of information provided in financial reporting narratives and the readability and obfuscation exhibited by these narratives. The novel...

... information experience less disclosure costs than do small firms. Sabri Boubaker can be contacted at: sabri.boubaker@groupe‐esc‐tryoes.com © Emerald Group Publishing Limited 2012 France Disclosure Internet Financial reporting Corporate reporting Disclosure index Voluntary disclosure...

...Graeme Wines Purpose The purpose of the paper is to examine the extent to which there is shared meaning of the concept of auditor independence between the three major groups of parties on the demand and supply sides of the audit services market – auditors, financial report preparers and financial...

.... Ho1.4. There is a positive relationship between the efficiency of the legal framework of a country and its SARS. Auditing Financial reporting Europe International Standards on Auditing IFAC The purpose of this paper is to investigate the determinants of the strength of auditing...

...Nava Subramaniam; Peter Carey; Won Sil Kang; Alan Kilgore; Sue Wright Purpose The purpose of this paper is to investigate the effectiveness of recommendations made by the Australian Stock Exchange (ASX) relating to audit committees in Australia, and whether they have improved financial reporting...