Browsing by Author "Tefera, Kekron"

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    Effect of Audit Committee Attributes on Internal Control Over Financial Reporting: Perception of External Auditors in Addis Ababa
    (A.A.U, 2020-11) Tefera, Kekron; Abehodie, Wollela
    Audit committee plays an important role improving internal control and also increase financial reporting quality and this will boost confidence of interestedparties. The main objective of this study was to assess the attributes of audit committee as per perception the experienced external auditors in Ethiopia. The study adopted a mixed research approach. The quantitative component used survey of employees working in 15Audit firms in Ethiopia. Random sample of 150 Auditors were covered by the survey; the response rate was 86%. Survey data was collected by use of a structured questionnaire. Multiple regression models were used to test whether Audit committee size, independency, expertise, diligence, and tenure have any relation with internal control over financial reporting. As part of the qualitative component interviews with Audit managers and partners were held. And The collected data was analyzed multiple linear regression analysis and It was found that attributes of audit committee had a significant relationship with internal control over financial reporting. The findings of the study suggested that Audit committee attributes especiallyIndependency, financial expertise and diligences are important areas that can have great impact to improve internal control over financial reporting and based on this corporate governance which have audit committee needs to have at least financially expert, independent, and diligent to achieve the intended objectives.