Audit Tenure and Audit Turnover relation with the report of weaknesses of internal control on financial reporting
In accordance with existing rules and regulations, it appears that the company's independent auditors can play a significant role in identifying and disclosing material weaknesses in internal controls. Accordingly, the purpose of the present study is to examine the tenure and rotation of indepe...
| Main Authors: | , , |
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| Format: | Article |
| Language: | fas |
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Alzahra University
2021-12-01
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| Series: | پژوهشهای تجربی حسابداری |
| Subjects: | |
| Online Access: | https://jera.alzahra.ac.ir/article_6095_3fefee1e1febd660c1a1592ec36d770e.pdf |
| _version_ | 1797956034763948032 |
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| author | azam Valizadeh Larijani Azadeh Maddahi Nasrin Sheybani |
| author_facet | azam Valizadeh Larijani Azadeh Maddahi Nasrin Sheybani |
| author_sort | azam Valizadeh Larijani |
| collection | DOAJ |
| description | In accordance with existing rules and regulations, it appears that the company's independent auditors can play a significant role in identifying and disclosing material weaknesses in internal controls. Accordingly, the purpose of the present study is to examine the tenure and rotation of independent auditors (at the level of the institution and the partner) and the material weaknesses of internal controls over financial reporting. The statistical population of this research is the companies listed on the Tehran Stock Exchange during the years 1391 to 1398 and the method of data analysis is logistic regression. The results show that there is a positive and significant relationship between the tenure of the independent auditor (at the level of the institution and the partner) and the disclosure of material weaknesses of internal controls over financial reporting in the independent auditor's report. There is also a positive and significant relationship between the audit firm's turnover and the disclosure of material new weaknesses in the internal controls over financial reporting in the independent auditor's report. However, no significant relationship was observed between the audit firm's turnover and the disclosure of material new weaknesses in the internal controls over financial reporting in the independent auditor's report. |
| first_indexed | 2024-04-10T23:42:33Z |
| format | Article |
| id | doaj.art-5a4185b623a049888e787a070fe63200 |
| institution | Directory Open Access Journal |
| issn | 2251-8509 2538-1520 |
| language | fas |
| last_indexed | 2024-04-10T23:42:33Z |
| publishDate | 2021-12-01 |
| publisher | Alzahra University |
| record_format | Article |
| series | پژوهشهای تجربی حسابداری |
| spelling | doaj.art-5a4185b623a049888e787a070fe632002023-01-11T06:07:13ZfasAlzahra Universityپژوهشهای تجربی حسابداری2251-85092538-15202021-12-0111412515010.22051/jera.2021.36429.28816095Audit Tenure and Audit Turnover relation with the report of weaknesses of internal control on financial reportingazam Valizadeh Larijani0Azadeh Maddahi1Nasrin Sheybani2Assistant Professor of Accounting, Department of Accounting, Faculty of Social Sciences and Economics, Alzahra University, Tehran, IranAssistant Professor of Accounting, Department of Accounting, Faculty of Social Sciences and Economics, Alzahra University, Tehran, IranMSc. of Accounting, Faculty of Social and Economics, Alzahra University, Tehran, IranIn accordance with existing rules and regulations, it appears that the company's independent auditors can play a significant role in identifying and disclosing material weaknesses in internal controls. Accordingly, the purpose of the present study is to examine the tenure and rotation of independent auditors (at the level of the institution and the partner) and the material weaknesses of internal controls over financial reporting. The statistical population of this research is the companies listed on the Tehran Stock Exchange during the years 1391 to 1398 and the method of data analysis is logistic regression. The results show that there is a positive and significant relationship between the tenure of the independent auditor (at the level of the institution and the partner) and the disclosure of material weaknesses of internal controls over financial reporting in the independent auditor's report. There is also a positive and significant relationship between the audit firm's turnover and the disclosure of material new weaknesses in the internal controls over financial reporting in the independent auditor's report. However, no significant relationship was observed between the audit firm's turnover and the disclosure of material new weaknesses in the internal controls over financial reporting in the independent auditor's report.https://jera.alzahra.ac.ir/article_6095_3fefee1e1febd660c1a1592ec36d770e.pdfaudit firm tenureaudit partner tenureaudit firm rotationaudit partner rotationweaknesses of internal controls over financial reporting |
| spellingShingle | azam Valizadeh Larijani Azadeh Maddahi Nasrin Sheybani Audit Tenure and Audit Turnover relation with the report of weaknesses of internal control on financial reporting پژوهشهای تجربی حسابداری audit firm tenure audit partner tenure audit firm rotation audit partner rotation weaknesses of internal controls over financial reporting |
| title | Audit Tenure and Audit Turnover relation with the report of weaknesses of internal control on financial reporting |
| title_full | Audit Tenure and Audit Turnover relation with the report of weaknesses of internal control on financial reporting |
| title_fullStr | Audit Tenure and Audit Turnover relation with the report of weaknesses of internal control on financial reporting |
| title_full_unstemmed | Audit Tenure and Audit Turnover relation with the report of weaknesses of internal control on financial reporting |
| title_short | Audit Tenure and Audit Turnover relation with the report of weaknesses of internal control on financial reporting |
| title_sort | audit tenure and audit turnover relation with the report of weaknesses of internal control on financial reporting |
| topic | audit firm tenure audit partner tenure audit firm rotation audit partner rotation weaknesses of internal controls over financial reporting |
| url | https://jera.alzahra.ac.ir/article_6095_3fefee1e1febd660c1a1592ec36d770e.pdf |
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