Determinant Factors for the Delay in the Release of the Audit Report. An Empirical Analysis
Factores Determinantes del Retraso en la Emisión del Informe de Auditoria. Un Análisis Empírico
Abstract
The accounting information system (hereafter AIS) can be considered as the basic support to satisfy demands for information during the decision making process. Inadequacies in the information supplied to decision makers implies, necessarily, the need to modify the AIS so that it can continue to be the main support in the decision making process. This paper, on the one hand, describes the characteristics that these systems should have in each 01 their operational phases in order to increase the quantity and quality of information. On the other hand, it outlines the possibilities of achieving such demands by integrating artificial intelligence tools in traditional AIS’s.
Downloads
-
Abstract240
-
PDF (Español (España))260
References
ASHTON, R. H.; GRAUL, P. R. y NEWTON, J. D. (1989): "Audit Delay and the Timeliness of Corporate Reporting", Contemporary Accounting Research, Vol. 2, p. 657-673.
ASHTON, R. H.; WILLINGHAM, J. J. y ELLIOT, R. K. (1987): "An Empirical Analysis of Audit Delay", Journal of Accounting Research, Vol. 25, Autumn, p. 275-292.
BAMBER, E.M.; BAMBER, L. S. y SCHODERBEK, M. P. (1993): "Audit Structure and other Determinants of Audit Report Lag: And Empirical Analysis", Auditing: A Journal of Practice & Theory, Vol. 1, Winter, p. 1-23.
CALVO GÓMEZ, F. (1987): Estadística aplicada, Deusto, S.A., Bilbao.
CARSLAW, C. y KAPLAN, S. E. (1991): "An Examination of Audit Delay: Further Evidence from New Zealand", Accounting and Business Research, Vol. 22, January, p. 21-32.
CHAMBERS, A. E. y PENMAN, S. H. (1984): "Timeliness of Reporting and Stock Price Reaction to Earnings Announcements", Journal of Accounting 'IJ.esearch, Vol. 22, Winter, p. 21-47.
COURTIS, J. K. (1976): "Relationships Between Timeliness in Corporate Reporting and Corporate Attributes", Accounting and Business Research, Winti;r, p. 45-56.
DAVIES, B. y WHITTRED, G.P. (1980): "The Association Between Selected Corporate Attributes and Timeliness in Corporate Reporting: Further Analysis", Abacus, June, p. 48-60.
ELLIOT, J. A. (1982): "Subject to' Audit Opinion and Abnormal Security Returns. Outcomes and Abmiguities", Journal of Accounting Research, Vol. 20, Autumn, p. 617-638.
FELTHAM, G. A. (1972): "Information Evaluation", Studies in Accounting Research, Vol. 5, American Accounting Association, Sarasota, Florida.
GARSOMBKE, H. P. (1981): "'The Timeliness of Corporate Financial Disclosure", Communication Via Annual Reports, J.K.Courtis AFM Exploratory Series, No. 11, University of New England.
GILLING, D. M. (l 977): "Timeliness in Corporate Reportíng: Sorne Further Comment", Accounting and Business Research, Winter, p. 34-36.
GIVOLY, D. y PALMON, D. (1982): "Timeliness of Annual Earnings Announcements: Sorne Empirical Evidence", The Accounting Review, July, p. 486-508.
HAMEED, S.M. A. (1985): Qualified Audit Opinions in the U.K.: An Empirical Study of the Timeliness of Corporate Reporting Behaviour, Doctoral Dissertation, University of London.
KROSS, W. y SCHROEDER, D. A. (1984): "An Empirical Investigation of the Effect of Quarterly Earnings Announcement Timing on Stock Returns", Journal of Accounitng Research, Vol. 22, Winter, p. 153-176.
LEVIN, R. y RUBIN, D. (1996): "Estadística para administradores", Prentice-Hall, México, D.F.
NEWEY, W. K. y WEST, K. D. (1987): "A Simple, Positive Semi-Definite, Heteroskedasticity and Autocorrelation Consistent Covariance Matrix", Econometrica, Vol. 55, No. 33, May, p. 703-708.
NEWTON, J. D. y ASHTON, R. H. (1989): "The Association Between Audit Technology and Audit Delay", Auditing: A Joumal of Practice & Theory, Vol. 8, suplement, p. 22-37.
RUNYON, R. P. y HABER, A. (1984): Estadística para las ciencias sociales, Fondo Educativo Interamericano, S.A., México, D.F.
WHITE, H. (1980): "A Heteroskedasticity-Consistent Covariance Matrix Estimator anda Direct Test for Heteroskedasticity", Econometrica, Vol. 48, May, p. 817-838.
WHITTRED, G.P. (1980): "Audit Qualification and the Timeliness of Corporate Annual Reports", T7ze Accounting Review, Vol. 4, Otober, p. 563-577.
ZMIJEWSKI, M. E. (1984): "Methodological Issues Related to Estimation of Financial Distress Prediction Models", Journal of Accounting Research, Vol. 22, suplement, p. 59-82.
The publications in this journal are subject to the following terms:
1. Ediciones de la Universidad de Murcia (EDITUM) and ASEPUC conserve the patrimonial rights (copyright) of the published manuscripts, and favour and allow their reuse under the licence of use indicated in point 2.
2. The manuscripts are published in the electronic edition of the journal under an Attribution-NonCommercial-NoDerivatives 4.0 International licence. It allows to copy, distribute and include the article in a collective work (for example, an anthology), as long as there is no commercial purpose, the article is not altered or modified and the original work is properly cited. This journal is free of charge for the Open Access publication. ASEPUC and EDITUM finance the productiona and publication costs of the manuscripts.
3. Conditions for self-archiving. Authors are permitted and encouraged to electronically disseminate the published version of their works, as it favors their circulation and dissemination and thus a possible increase in their citation and reach among the academic community.
