DENETİM RAPORLARININ YAYINLANMA SÜRESİNİN İNCELENMESİ: BİST ŞİRKETLERİ İÇİN BİR UYGULAMA

Finansal raporlamanın zamanlaması, kurumsal finansal tablo bilgilerinin karar vermede faydalı hale getirilerek, finansal bilgilerin mümkün olduğunca hızlı bir şekilde kullanıcılara sunulmasını gerektiren önemli bir niteliksel özelliktir. Raporlamadaki gecikmeler bilginin kullanılabilirliğini azaltır. Bu nedenle şirketler kazançlarını ilan etmeden önce denetim raporunun açıklanması gereken tarihe kadar beklerler. Bu durum denetim raporlarının, bilginin faydalılığını belirlemede hayati bir rol üstlendiğini ortaya koymaktadır. Bu çalışmada, 2017 yılı için 123 finansal ve finansal olmayan şirketten oluşan bir örneklemle denetim raporu gecikmesinin temel belirleyicileri için ekonometrik bir model oluşturulmuştur. Elde edilen sonuçlara göre, işletme büyüklüğü, kârlılık, dualite ve sektör değişkenleri ile denetim raporu gecikmesi arasında istatistiksel olarak anlamlı bir ilişki tespit edilmiştir. Bununla birlikte, finansal kaldıraç oranı ile denetim raporu gecikmesi arasında anlamlı bir ilişki bulunmamaktadır.

INVESTIGATION OF AUDIT REPORTING LAG: AN APPLICATION FOR BIST COMPANIES

The timing of financial reporting is an important qualitative feature that requires the presentation of financial information as quickly as possible, making the corporate financial statement information useful in decision making. Delays in reporting reduce the availability of information. Therefore, companies wait until the date on which the audit report should be disclosed before declaring their earnings. This suggests that audit reports play a vital role in determining the usefulness of information over time. In this study, an econometric model is established for the main determinants of audit reporting lag with a sample of 123 financial and non-financial companies for 2017. According to the results, there is a statistically significant relationship between firm size, profitability, duality and industry variables and audit reporting lag. However, there is no significant relationship between financial leverage ratio and audit reporting lag.

PDF

___

Ahmed, I. M. and Che-Ahmad, A. (2016). Effects of Corporate Governance Characteristics on Audit Report Lags. International Journal of Economics and Financial Issues, 6(7), 159-164.
Ahmed, K. (2003). The Timeliness of Corporate Reporting: A Comparative Study of South Asia, International Accounting, 16, 17–43.
Ashton, R. H., Willingham, J. J. and Elliott, R. K. (1987). An Empirical Analysis of Audit Delay, Journal of Accounting Research, 25(2), 275-292.
Carslaw, C. A. P. N., and Kaplan, S. (1991). An Examination of Audit Delay: Further Evidence from New Zealand, Accounting and Business Research, 22(85), 21-32.
Chan, K. H., Luo, W. V. and Mo, L. L. P. (2016). Determinants and Implications of Long Audit Reporting Lags: Evidence from China, Accounting and Business Research, 46(2), 145–166,
Che- Ahmad, A. and Abidin, S. (2009). Audit Delay of Listed Companies: A Case of Malaysia, International Business Research, 1(4), 32-39.
Courtis, J. K. (1976). Relationship Between Timeliness in Corporate Reporting and Corporate Attributes, Accounting and Business Research, 7, 45–56.
Dao, M. and Pham, T. (2014). Audit Tenure, Auditor Specialization and Audit Report Lag, Managerial Auditing Journal, 29(6), 490-512.
Dyer, J. C. and McHugh, A. J. (1975). “The Timeliness of the Australian Annual Report”, Journal of Accounting Research, 13(3), 204–219.
Eghlaiow, S. M. (2013). An Empirical Examination of the Determinants of Audit Report Delay in Libya, (Yayınlanmamış Doktora Tezi), College of Business Victoria University.
Eghlaiow, S., Wickremasinghe, G. and Sofocleous, S. (2012). A Review of the Empirical Determinants of Audit Delay, Corporate Ownership & Control, 9(2), 511-514.
Ertan, Y., Yücel, E., ve Saraç, M. (2013). “Konsolide Finansal Tablo Düzenleme Yükümlülüğü Olan İşletmelerin Denetim Süresini Etkileyen Faktörler.” Uluslararası Yönetim İktisat ve İşletme Dergisi, 9(19), 275-291.
Habib, A., Bhuiyan, B. U., Huang, J. H. and Miah, M. S. (2018). Determinants of Audit Report Lag: A Meta Analysis, International Journal of Auditing, 23(1), 20-44.
Hassan, M. Y. (2016). Determinants of Audit Report Lag: Evidence from Palestine, Journal of Accounting in Emerging Economies, 6(1), 13-32.
Hossain, M.A. and Taylor, P. (1998). An Examination of Audit Delay: Evidence from Pakistan. (Working Paper), University of Manchester.
Hsu, H. (2016). An Empirical Analysis on the Determinants of Audit Report Lag, 3rd International Conference on Social Science, ss. 732-735. Erişim Adresi: http://dpi-proceedings.com/index.php/dtssehs/article/view/9058/8626 04.12.2018
Jaggi, B. and Tsui, J. (1999). Determinants of Audit Report Lag: Further Evidence from Hong Kong, Accounting and Business Research. 30(1), 17-28.
Knechel, W.R. and Sharma, D.S. (2012). Auditor-Provided Nonaudit Services and Audit Effectiveness and Efficiency: Evidence from Pre- and Post-SOX Audit Report Lags. Auditing: A Journal of Practice & Theory. 31(4), 85–114.
Lehtinen, T. (2013). Understanding Timeliness and Quality of Financial Reporting in a Finnish Public Company, (Yayınlanmamış Yüksek Lisans Tezi), Aalto University, Finlandiya.
Leventis, S., Weetman, P. and Caramanis, C. (2005). Determinants of Audit Report Lag: Some Evidence from the Athens Stock Exchange, International Journal of Auditing, 9, 45-58.
Mclelland, A. J. and Giroux, G. (2000). An Empirical Analysis of Auditor Report Timing by Large Municipalities, Journal of Accounting and Public Policy, 19, 263-281.
Ng, P. P. H., and Tai, B. Y. K. (1994). An Empirical Examination of the Determinants of Audit Delay in Hong Kong, British Accounting Review, 26(1), 43–59.
Özkan, S.; Karaibrahimoğlu Y.; Acar, E. ve Öz, İ. (2013), Finansal Tabloların Sunum Tarihini Etkileyen Faktörler: İMKB Firmaları Üzerine Bir Uygulama, Muhasebe Bilim Dünyası Dergisi, 15 (3)
Ocak, M. (2018). Signing Auditor-Specific Characteristics and Audit Report Lag: A Research From Turkey, The Journal of Applied Business Research, 34,(2) 277-294.
Pham, T., Dao, M. and Brown, L. V. (2014). Investment Opportunities and Audit Report Lags: Initial Evidence, Accounting and Finance Research, 3(4), 45-57.
Türel, A. (2010). Timeliness of Financial Reporting in Emerging Capital Markets: Evidence from Turkey, İstanbul Üniversitesi İşletme Fakültesi Dergisi 39(2), 227-240.
Türel, A. ve Emir Tuncay, F. (2016). An Empirical Analysis of Audit Delay in Turkey. Annales Universitatis Apulensis - Series Oeconomica .,18(2), 78- 87.
Whittred, G. P. (1980). The Timeliness of the Australian Annual Report: 1972–1977, Journal of Accounting Research, 18(32), 623–627.