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مقالات انگلیسی ترجمه شده حسابداری |
کد محصول: H333
سال نشر: ۲۰۱۸
نام ناشر (پایگاه داده): الزویر
نام مجله: Advances in Accounting
نوع مقاله: علمی پژوهشی (Research articles)
تعداد صفحه انگلیسی: ۹ صفحه PDF
تعداد صفحه ترجمه فارسی: ۱۸ صفحه word
قیمت فایل ترجمه شده: ۱۸۰۰۰ تومان
عنوان فارسی:
مقاله ترجمه شده : نزدیکی جغرافیایی حسابرس و مشتری و به موقع بودن گزارش حسابرسی
عنوان انگلیسی:
Auditor-client geographic proximity and audit report timeliness
چکیده فارسی:
در حالی که سرمایه گذاران و قانون گذاران برای انتشار به موقع اطلاعات مالی حسابرسی شده ارزش قایل هستند، تغییرات اخیر در محیط نظارتی باعث شده است که مشکل ارائه به هنگام اطلاعات مالی حسابرسی شده افزایش یابد. از آنجا که شناسایی عوامل موثر بر تاخیر حسابرسی یک موضوع مهم است در این مقاله ارتباط بین نزدیکی جغرافیایی حسابرس و مشتری و تاخیر گزارش حسابرسی خارجی بررسی شده است. ما شواهد محکمی یافتیم مبنی بر اینکه گزارش حسابرسی برای حسابرسان و مشتریانی که از لحاظ جغرافیایی نزدیکرتر هستند به موقع تر می باشد . علاوه بر این، نشان می دهیم که بهبود در زمانبندی ارائه گزارش حسابرسی برای شرکت های با ارزش کمتر(کمتر از ۷۰ میلیون دلار = non-accelerated filers) نسبت به شرکت های با ارزش بیشتر(بیش از ۷۰ میلیون دلار= accelerated filers) چشمگیرتر است این نتایج برای کنترل تصمیمات متعصبانه افراد محکم می باشد.
کلیدواژگان: نزدیکی جغرافیایی حسابرس و مشتری، به موقع بودن گزارش حسابرسی، شرکت های با ارزش کمتر از ۷۰ میلیون دلار
Abstract
While investors and regulators value the timely release of audited financial information, recent changes in the regulatory environment have increased the difficulty of providing timely audited financial information. In this paper we examine the association between auditor-client geographic proximity and external audit report delay, since identifying the factors that influence audit delay remains an important issue. We find strong evidence that audit reports are more timely for geographically proximate auditors and clients. Further, we show that the improvement in audit report timeliness is more pronounced for non-accelerated filers relative to accelerated filers. These results are robust to controls for potential self-selection bias.
Keywords: Auditor-client geographic proximity,Audit report timeliness,Non-accelerated filers
۱. Introduction
Information timeliness is an important quality in assessing the usefulness of audited financial reports and has been a longstanding concern of regulators, shareholders, analysts, managers, and auditors. The extant research documents a heightened market reaction to timely audited financial reports (Chambers & Penman, 1984), and penalties for firms with late audited financial reports (e.g.Alford, Jones, & Zmijewski, 1994; Bartov & Konchitchki, 2017; Griffin, 2003). Regulators’ concerns that investors have access to timely financial reports are reflected in initiatives such as the institution of EDGAR, the acceleration of 10-K/10-Q filing deadlines for larger companies, and the adoption of XBRL. Since the timeliness of audited financial statements is a function of the timeliness of the audit report, improvements in audit report timeliness could have a significant impact on the timeliness of audited financial reports.
However, recent changes in the regulatory and corporate reporting environment have increased the difficulty of providing timely audited financial reports (Bronson, Hogan, Johnson, & Ramesh, 2011; Krishnan & Yang, 2009), therefore increasing the salience of research identifying the factors that affect audit report timeliness. In this study we investigate the association between auditor-client geographic proximity and audit delay, defined as the number of calendar days from fiscal year-end to the audit report date (Ashton, Willingham, & Elliott, 1987; Bronson et al., 2011; Krishnan & Yang, 2009; Whitworth & Lambert, 2014).1 Our focus on audit report timeliness is further motivated by evidence from the extant research that longer audit reporting delays are associated with lower financial reporting quality (Blankley, Hurtt, & MacGregor, 2014; Kinney Jr & McDaniel, 1993).
Local auditors presumably have an information advantage which reduces information asymmetry between the local auditor and the client, because local auditors can acquire client-specific knowledge more easily relative to non-local auditors (Choi, Kim, Qiu, & Zang, 2012; Jensen, Kim, & Yi, 2015). Further, local auditors are able to interact more frequently with the client and obtain client-specific news from local media, which increases their ability to effectively monitor the client (Agarwal & Hauswald, 2010; Choi et al., 2012; Kang & Kim, 2008; Petersen & Rajan, 2002). The relative convenience of accessing clients’ information, as well as a greater awareness of the economic and regulatory environment in the region and its impact on the client, should increase the efficiency of the local audit, thus reducing audit delays.