Effects of municipal, auditing and political factors on audit delay
Sandra Cohen and
Stergios Leventis
Accounting Forum, 2013, vol. 37, issue 1, 40-53
Abstract:
We examine audit delay for financial statements prepared by Greek municipalities. Greece is an interesting setting because, despite the rigid regulatory framework that governs reporting, the penalties imposed in cases of non-compliance with regulatory deadlines are almost non-existent. We investigate specifications indicated by previous research but also municipal and political factors. Our results suggest a considerable variation in audit delay which is influenced by the political process under which municipalities operate and make decisions. We analyse further determinants of non-compliance and we analyse the characteristics of non-compliers separately. Political variables persist in explaining audit delay in terms of non-compliance.
Date: 2013
References: View complete reference list from CitEc
Citations: View citations in EconPapers (4)
Downloads: (external link)
http://hdl.handle.net/10.1016/j.accfor.2012.04.002 (text/html)
Access to full text is restricted to subscribers.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:taf:accfor:v:37:y:2013:i:1:p:40-53
Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/racc20
DOI: 10.1016/j.accfor.2012.04.002
Access Statistics for this article
Accounting Forum is currently edited by Carol Tilt
More articles in Accounting Forum from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().