Audit Report Lag, International Financial Reporting Standards (ifrs) And Corporate Governance In Ghana

ABSTRACT  This study evaluates the influence of mandatory adoption of IFRS and corporate governance (CG) mechanisms such as board size, audit committee effectiveness, board independence and ownership structure on audit report lag (ARL). Additionally, it examines the lagged effect of these CG mechanisms on ARL. The study employs a sample of firms listed on the Ghana Stock Exchange from 2003 – 2014 which resulted in 168 firm-year observations. The panel-corrected standard errors regression method was adopted due to its ability to correct for heteroskedasticity and autocorrelation. The result sho…