The Association between Audit Partner Busyness, Audit Partner Tenure, and Audit Efficiency

Asian Economic and Financial Review

article

Nahla Abdulrahman Mohammed Raweh¹  Hasnah Kamardin²  Mazrah Malik @ Malek²  Abdulwahid Ahmed Hashed Abdullah³ 

[1] Department of Accounting, Faculty of Commerce and Economics, Hodeidah University;Tunku Puteri Intan Safinaz School of Accountancy, College of Business, Universiti Utara Malaysia;Department of Accounting, College of Business Administration, Prince Sattam Bin Abdulaziz University, Al Kharj, Saudi Arabia, and Faculty of Commerce and Economics, Hodeidah University

关键词: Audit efficiency;    Audit report lag;    Audit partner busyness;    Audit partner tenure;    Auditing;    Oman.;   

DOI  :  10.18488/journal.aefr.2021.111.90.103

学科分类：社会科学、人文和艺术（综合）

来源: Asian Economic and Social Society

【 摘 要 】

The main purpose of this study is to provide evidence of how audit partner busyness and tenure are associated with audit efficiency. Based on a pooled OLS regression analysis of 232 observations from non-financial companies listed on the Omani capital market between 2013 and 2016, the results reveal no association between partner busyness and audit efficiency—although it does improve audit efficiency for clients of the Big 4 audit firms. Moreover, longer partner tenures are shown to significantly enhance audit efficiency. Given the lack of evidence currently available, this study reinforces the importance of examining audit outcomes at the level of audit partner, providing important insights into audit efficiency for regulators, companies, and auditors. Overall, this study is one of few presenting empirical evidence on the importance of the characteristics of partner incentives in the context of audit efficiency.

【 授权许可】

CC BY