Artikel
Influence of external and internal auditors on key audit matters (KAMs) reporting in Thailand
The study aims to investigate the level and pattern of Key Audit Matters (KAMs) reporting, and to examine the influence of external auditor and audit committee characteristics on KAMs reporting of listed companies in the Stock Exchange of Thailand (SET). Using 200 listed companies of the SET as samples used in this study, the KAMs reporting is measured by the content analysis in auditor's report, while external auditor characteristics are proxied by audit type, audit fees, female auditor, and auditor rotation. Audit committee characteristics are proxied by audit committee member, proportion of financial expertise, meeting frequency, and member independence. Descriptive analysis, correlation matrix, and balanced panel analysis are used to analyze the data. The average level of KAMs reporting is 1.96 issues. The KAMs reporting shows a declining trend during year 2017 to 2020, while audit fees have increased during period being study. Finally, the study finds that the KAMs reporting is positively influenced by audit fees, female auditor, audit committee size, and meeting frequency. However, the study finds that high proportion of financial expertise audit committee reduces the level of KAMs reporting. The legitimacy theory can be demonstrated to explain the influence of external auditor and audit committee on KAMs reporting. Shareholders, creditors, and investors can use KAMs reporting as important information for their decision-making.
- Language
-
Englisch
- Bibliographic citation
-
Journal: Cogent Business & Management ; ISSN: 2331-1975 ; Volume: 10 ; Year: 2023 ; Issue: 3 ; Pages: 1-17
- Classification
-
Management
- Subject
-
external auditor
internal auditor
KAMs reporting
Thailand
- Event
-
Geistige Schöpfung
- (who)
-
Boonlert-U-Thai, Kriengkrai
Suttipun, Muttanachai
- Event
-
Veröffentlichung
- (who)
-
Taylor & Francis
- (where)
-
Abingdon
- (when)
-
2023
- DOI
-
doi:10.1080/23311975.2023.2256084
- Last update
- 10.03.2025, 11:41 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Artikel
Associated
- Boonlert-U-Thai, Kriengkrai
- Suttipun, Muttanachai
- Taylor & Francis
Time of origin
- 2023
Other Objects (12)
The perceptions of external auditors on the relationship between audit fees and audit quality
Audit mandates, audit firms, and auditors
Audit services and financial reporting quality: The role of accounting expertise auditors
External investigations and disciplinary sanctions against auditors: The impact on audit quality
External auditors’ use and perceptions of fraud factors in assessing fraudulent financial reporting risk (FFRR): Implications for audit policy and practice
Auditor’s going-concern reporting: Reporting decision and content of the report
Audit report lag and key audit matters in Australia
Non-audit fees of the external auditor, audit committees, and earnings quality : an empirical analysis of German (non)listed firms
The impact of internal control of non-financial reporting-related weaknesses on audit fees: does external audit size matter?
Female Audit Partners and Extended Audit Reporting: UK Evidence
Goodwill impairment and key audit matters
Essays on experimental audit Research: auditor-client negotiation and auditor rotation
The perceptions of external auditors on the relationship between audit fees and audit quality
Audit mandates, audit firms, and auditors
Audit services and financial reporting quality: The role of accounting expertise auditors
External investigations and disciplinary sanctions against auditors: The impact on audit quality
External auditors’ use and perceptions of fraud factors in assessing fraudulent financial reporting risk (FFRR): Implications for audit policy and practice
Auditor’s going-concern reporting: Reporting decision and content of the report
Audit report lag and key audit matters in Australia
Non-audit fees of the external auditor, audit committees, and earnings quality : an empirical analysis of German (non)listed firms
The impact of internal control of non-financial reporting-related weaknesses on audit fees: does external audit size matter?
Female Audit Partners and Extended Audit Reporting: UK Evidence
Goodwill impairment and key audit matters
Essays on experimental audit Research: auditor-client negotiation and auditor rotation
The perceptions of external auditors on the relationship between audit fees and audit quality
Audit mandates, audit firms, and auditors
Audit services and financial reporting quality: The role of accounting expertise auditors
External investigations and disciplinary sanctions against auditors: The impact on audit quality
External auditors’ use and perceptions of fraud factors in assessing fraudulent financial reporting risk (FFRR): Implications for audit policy and practice
Auditor’s going-concern reporting: Reporting decision and content of the report
Audit report lag and key audit matters in Australia
Non-audit fees of the external auditor, audit committees, and earnings quality : an empirical analysis of German (non)listed firms
The impact of internal control of non-financial reporting-related weaknesses on audit fees: does external audit size matter?
Female Audit Partners and Extended Audit Reporting: UK Evidence
Goodwill impairment and key audit matters