<abstract xmlns="http://www.w3.org/1999/xhtml">

Financial statements reflect important information about the entity's financial position, operating performance, and cash flows and must be made available in a timely fashion to all interested factions to stimulate opportune business judgments.
Ergo, this paper examines the association of the audited annual report delay with eight entity and audit firm attributes.
The sample includes 396 observations of 99 nonfinancial firms listed on the Macedonian Stock Exchange (MSE) for the period 2014–2017. The regression results designate a statistically significant relationship between the audit opinion, company liquidity, size, and industry with the audit opinion lag. Moreover, the publication period ranges from 43 days to 374 days suggesting that timeliness may be a significant concern for Macedonian entities regarding financial reporting policy.
This is the first study to thoroughly assess the relationship between entity, auditor characteristics, and audit report timeliness on the developing Macedonian market.
</abstract>

Financial statements reflect important information about the entity's financial position, operating performance, and cash flows and must be made available in a timely fashion to all interested factions to stimulate opportune business judgments.
Ergo, this paper examines the association of the audited annual report delay with eight entity and audit firm attributes.
The sample includes 396 observations of 99 nonfinancial firms listed on the Macedonian Stock Exchange (MSE) for the period 2014–2017. The regression results designate a statistically significant relationship between the audit opinion, company liquidity, size, and industry with the audit opinion lag. Moreover, the publication period ranges from 43 days to 374 days suggesting that timeliness may be a significant concern for Macedonian entities regarding financial reporting policy.
This is the first study to thoroughly assess the relationship between entity, auditor characteristics, and audit report timeliness on the developing Macedonian market.

A study on audit report timeliness: The Macedonian Stock Exchange

School of Business Economics and Management

International Journal of Management and Economics

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

{"article-title":"A study on audit report timeliness: The Macedonian Stock Exchange"}

Financial statements reflect important information about the entity's financial position, operating performance, and cash flows and must be made available in a...

A study on audit report timeliness: The Macedonian Stock Exchange

Article Category: Empirical Paper

Publié en ligne: 07 sept. 2021

Pages: 234 - 254

Reçu: 14 août 2020

Accepté: 27 juin 2021

DOI: https://doi.org/10.2478/ijme-2021-0015

Mots clés
audit opinion, annual reports, company size, financial indicators, Macedonian Stock Exchange, timeliness

© 2021 Dusica Stevcevska Srbinoska et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

A study on audit report timeliness: The Macedonian Stock Exchange

Article Category: Empirical Paper

Publié en ligne: 07 sept. 2021

Pages: 234 - 254

Reçu: 14 août 2020

Accepté: 27 juin 2021

DOI: https://doi.org/10.2478/ijme-2021-0015

Mots clésaudit opinion, annual reports, company size, financial indicators, Macedonian Stock Exchange, timeliness

© 2021 Dusica Stevcevska Srbinoska et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

Mots clés
audit opinion, annual reports, company size, financial indicators, Macedonian Stock Exchange, timeliness