Auditor attributes and audit time lag in the Nigerian manufacturing sector
INTRODUCTION
Timeliness of financial reports has been viewed as an essential qualitative characteristic of financial information. Azubike and Aggreh (2014) viewed timeliness of financial statements as the period it takes the company to present its financial reports before the shareholders in the Annual General Meeting after the closing date of such company. In line with the International Accounting Standard Board (IASB 2008) posit that timeliness is the period that the information is made available to the users to make their decision. Thus, the increasing need for financial reports to be presented to the shareholders and other users on time has spurred the national regulatory bodies to recognize the need to set a maximum frame that the audited reports should be made
Timeliness of financial reports has been viewed as an essential qualitative characteristic of financial information. Azubike and Aggreh (2014) viewed timeliness of financial statements as the period it takes the company to present its financial reports before the shareholders in the Annual General Meeting after the closing date of such company. In line with the International Accounting Standard Board (IASB 2008) posit that timeliness is the period that the information is made available to the users to make their decision. Thus, the increasing need for financial reports to be presented to the shareholders and other users on time has spurred the national regulatory bodies to recognize the need to set a maximum frame that the audited reports should be made
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