Internal audit is fundamental in maintaining transparency in the dissemination of information about a company’s financial position and performance. In this respect, the quality of internal audit is essential for effective corporate governance. We construct a composite measure of the quality of...

complex and volatile environment created by the economic turmoil. We use as a proxy for the examination of financial reporting quality the concept of audit quality as this is depicted in auditor qualifications.Design/ methodology/ approach - The paper used a case study approach in order to...

According to IASB a key prerequisite for quality in financial reporting is the adherence to the objective and the qualitative characteristics of financial reporting information. Qualitative characteristics are the attributes that make financial information useful and consist of relevance,...