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DENETİM KOMİTESİ ETKİNLİĞİ VE İHTİYATLILIK KAVRAMI

Year 2019, Volume: 9 Issue: 1, 85 - 89, 30.07.2019
https://doi.org/10.17261/Pressacademia.2019.1072

Abstract

Amaç-
Bu çalışmanın temel amacı, denetim komitesi etkinliği ile
finansal raporlama kalitesinin göstergesi olarak belirlenen şirketlerin ihtiyatlılık
düzeyleri arasındaki ilişki incelemektir
.

Yöntem-
Bu amaca ulaşmak için, 2008-2017 yılları
arasında BİST’te işlem gören 233 finansal olmayan şirketten elde edilmiş 1903
adet gözlem kullanılarak panel veri regresyon analizi yapılmıştır.

Bulgular-
Araştırma bulgusu, denetim komitesi
etkinliğinin ihtiyatlılık ile pozitif ilişkili olduğunu göstermektedir.







Sonuç-
Yapılan analizler sonucunda, denetim komitesi
etkinliği yüksek olan firmaların daha ihtiyatlı muhasebe politikaları
izleyeceği ve buna bağlı olarak finansal raporlama kalitesinin de artacağı
söylenebilir.

References

  • Acar, D. ve Aktürk, A. (2009). Muhasebede İhtiyatlılık Kavramı ve İMKB Sınai Endeksinde İşlem Gören İşletmelerde İhtiyatlılık Üzerine Bir Araştırma. Afyon Kocatepe Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, 11 (1), p.77-90.
  • Basu, S. (1997). The Conservatism Principle and the Asymmetric Timeliness of Earnings. Journal of Accounting and Economics, 24 (1), p. 3–37.
  • Chen, F. ve Li, Y. (2013). Voluntary Adoption of More Stringent Governance Policy on Audit Committees: Theory and Empirical Evidence. The Accounting Review, 88(6), p. 1939-1969.
  • DeZoort, F.T., Salterio, S.E. (2001), The effects of corporate governance experience and financial reporting and audit knowledge on audit committee members’ judgments. Auditing: A Journal of Practice& Theory, 20(2), p. 31-47.
  • Dinç, E. ve Abdioğlu, H. (2009), İşletmelerde Kurumsal Yönetim Anlayışı ve Muhasebe Bilgi Sistemi İlişkisi: İMKB–100 Şirketleri Üzerine Ampirik Bir Araştırma, Balıkesir Üniversitesi Sosyal Bilimler Enstitüsü Dergisi, Cilt: 12, Sayı:21, s.158.
  • Fakhari H., Pitenoei Y. R. (2017). The Impact of Audit Committee and Its Characteristics on the Firms Information Environment, Iranian Journal of Management Studies (IJMS). 10(3), p. 577-608.
  • Fengyi L., Chung-Min W., Tzu-Yi F. ve Jheng-Ci W. (2014). The Relations Among Accounting Conservatism, İnstitutional Investors and Earnings Manipulation, Economic Modelling, 37: 164-174.
  • Financial Accounting Standards Board (FASB) (2010). Statement of Financial Accounting Concepts No. 8, Conceptual framework for financial reporting. Norwalk, CT: FASB.
  • García L., J., M., García O., B. ve Penalva, F. (2012). Conditional Conservatism and the Limits to Earnings Management. SSRN Electronic Journal
  • Ika, S. ve Ghazali, N. (2012). Audit Committee Effectiveness and Timeliness of Reporting: Indonesian Evidence. Managerial Auditing Journal, Vol. 27 (4), p. 403-424.
  • Kao, H. ve Chu, T. (2016). Audit committee, supervisor system and accounting conservatism. International Research Journal of Applied Finance, 7(9), p. 202-219.
  • Krishnan, G. and Visvanathan, G. (2008). Does the SOX Definition of an Accounting Expert Matter? the Association between Audit Committee Directors' Accounting Expertise and Accounting Conservatism, Contemporary Accounting Research Vol. 25(3), p. 827-857.
  • Lafond, R., & Watts, R. (2008). The Information Role of Conservatism, The Accounting Review, 83(2), p. 447-478.
  • Lim R. (2011). Are corporate governance attributes associated with accounting conservatism?, Accounting and Finance, 51(4), p. 1007–1030.
  • Pae, J., Thornton, D. ve Welker, M. (2004). The Link Between Earnings Conservatism and Balance Sheet Conservatism. Queen’s University Working Paper.
  • SPK, (2011). Kurumsal Yönetim İlkelerinin Belirlenmesine ve Uygulanmasına İlişkin Tebliğ, http://www.spk.gov.tr/duyurugoster.aspx?aid=20111011&subid= 0&ct=c (Erişim Tarihi: 30.03.2019)
  • Sultana, N. (2015). Audit Committee Characteristics and Accounting Conservatism, International Journal of Auditing, 19, p. 88-102.
  • TÜSİAD. (2012). Uygulama Örnekleri ile Birlikte A’dan Z’ye Denetim Komiteleri, Türk Sanayicileri ve İş adamları Derneği, Haziran, Yayın No:527.
  • Watts, R.L. (2003). Conservatism in Accounting Part I: Explanations and Implications. Accounting Horizons, 17 (3), p. 207– 221.
  • Zhong, Y. ve Li, W. (2016). Accounting Conservatism: A Literature Review. Australian Accounting Review, 27, p. 195–213.

AUDIT COMMITTEE EFFECTIVENESS AND CONSERVATISM CONCEPT

Year 2019, Volume: 9 Issue: 1, 85 - 89, 30.07.2019
https://doi.org/10.17261/Pressacademia.2019.1072

Abstract

Purpose-
The main aim of this study is to examine the
relationship between audit committee effectiveness and conservatism levels of
companies identified as indicators of financial reporting quality.

Methodology-
In order to achieve this aim, panel data
regression analysis was performed using 1903 observations obtained from 233
non-financial publicly-traded company between 2008-2017.

Findings-
The research findings show that the
effectiveness of the audit committee is positively related to conservatism
level of companies.







Conclusion-
As a result of the analysis, it can be said
that the firms with high audit committee effectiveness will follow more conservatism
accounting policies and consequently the quality of financial reporting will
increase.

References

  • Acar, D. ve Aktürk, A. (2009). Muhasebede İhtiyatlılık Kavramı ve İMKB Sınai Endeksinde İşlem Gören İşletmelerde İhtiyatlılık Üzerine Bir Araştırma. Afyon Kocatepe Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, 11 (1), p.77-90.
  • Basu, S. (1997). The Conservatism Principle and the Asymmetric Timeliness of Earnings. Journal of Accounting and Economics, 24 (1), p. 3–37.
  • Chen, F. ve Li, Y. (2013). Voluntary Adoption of More Stringent Governance Policy on Audit Committees: Theory and Empirical Evidence. The Accounting Review, 88(6), p. 1939-1969.
  • DeZoort, F.T., Salterio, S.E. (2001), The effects of corporate governance experience and financial reporting and audit knowledge on audit committee members’ judgments. Auditing: A Journal of Practice& Theory, 20(2), p. 31-47.
  • Dinç, E. ve Abdioğlu, H. (2009), İşletmelerde Kurumsal Yönetim Anlayışı ve Muhasebe Bilgi Sistemi İlişkisi: İMKB–100 Şirketleri Üzerine Ampirik Bir Araştırma, Balıkesir Üniversitesi Sosyal Bilimler Enstitüsü Dergisi, Cilt: 12, Sayı:21, s.158.
  • Fakhari H., Pitenoei Y. R. (2017). The Impact of Audit Committee and Its Characteristics on the Firms Information Environment, Iranian Journal of Management Studies (IJMS). 10(3), p. 577-608.
  • Fengyi L., Chung-Min W., Tzu-Yi F. ve Jheng-Ci W. (2014). The Relations Among Accounting Conservatism, İnstitutional Investors and Earnings Manipulation, Economic Modelling, 37: 164-174.
  • Financial Accounting Standards Board (FASB) (2010). Statement of Financial Accounting Concepts No. 8, Conceptual framework for financial reporting. Norwalk, CT: FASB.
  • García L., J., M., García O., B. ve Penalva, F. (2012). Conditional Conservatism and the Limits to Earnings Management. SSRN Electronic Journal
  • Ika, S. ve Ghazali, N. (2012). Audit Committee Effectiveness and Timeliness of Reporting: Indonesian Evidence. Managerial Auditing Journal, Vol. 27 (4), p. 403-424.
  • Kao, H. ve Chu, T. (2016). Audit committee, supervisor system and accounting conservatism. International Research Journal of Applied Finance, 7(9), p. 202-219.
  • Krishnan, G. and Visvanathan, G. (2008). Does the SOX Definition of an Accounting Expert Matter? the Association between Audit Committee Directors' Accounting Expertise and Accounting Conservatism, Contemporary Accounting Research Vol. 25(3), p. 827-857.
  • Lafond, R., & Watts, R. (2008). The Information Role of Conservatism, The Accounting Review, 83(2), p. 447-478.
  • Lim R. (2011). Are corporate governance attributes associated with accounting conservatism?, Accounting and Finance, 51(4), p. 1007–1030.
  • Pae, J., Thornton, D. ve Welker, M. (2004). The Link Between Earnings Conservatism and Balance Sheet Conservatism. Queen’s University Working Paper.
  • SPK, (2011). Kurumsal Yönetim İlkelerinin Belirlenmesine ve Uygulanmasına İlişkin Tebliğ, http://www.spk.gov.tr/duyurugoster.aspx?aid=20111011&subid= 0&ct=c (Erişim Tarihi: 30.03.2019)
  • Sultana, N. (2015). Audit Committee Characteristics and Accounting Conservatism, International Journal of Auditing, 19, p. 88-102.
  • TÜSİAD. (2012). Uygulama Örnekleri ile Birlikte A’dan Z’ye Denetim Komiteleri, Türk Sanayicileri ve İş adamları Derneği, Haziran, Yayın No:527.
  • Watts, R.L. (2003). Conservatism in Accounting Part I: Explanations and Implications. Accounting Horizons, 17 (3), p. 207– 221.
  • Zhong, Y. ve Li, W. (2016). Accounting Conservatism: A Literature Review. Australian Accounting Review, 27, p. 195–213.
There are 20 citations in total.

Details

Primary Language Turkish
Subjects Finance, Business Administration
Journal Section Articles
Authors

Gokhan Ozer 0000-0002-3255-998X

Abdullah Kursat Merter 0000-0001-6874-1890

Publication Date July 30, 2019
Published in Issue Year 2019 Volume: 9 Issue: 1

Cite

APA Ozer, G., & Kursat Merter, A. (2019). DENETİM KOMİTESİ ETKİNLİĞİ VE İHTİYATLILIK KAVRAMI. PressAcademia Procedia, 9(1), 85-89. https://doi.org/10.17261/Pressacademia.2019.1072
AMA Ozer G, Kursat Merter A. DENETİM KOMİTESİ ETKİNLİĞİ VE İHTİYATLILIK KAVRAMI. PAP. July 2019;9(1):85-89. doi:10.17261/Pressacademia.2019.1072
Chicago Ozer, Gokhan, and Abdullah Kursat Merter. “DENETİM KOMİTESİ ETKİNLİĞİ VE İHTİYATLILIK KAVRAMI”. PressAcademia Procedia 9, no. 1 (July 2019): 85-89. https://doi.org/10.17261/Pressacademia.2019.1072.
EndNote Ozer G, Kursat Merter A (July 1, 2019) DENETİM KOMİTESİ ETKİNLİĞİ VE İHTİYATLILIK KAVRAMI. PressAcademia Procedia 9 1 85–89.
IEEE G. Ozer and A. Kursat Merter, “DENETİM KOMİTESİ ETKİNLİĞİ VE İHTİYATLILIK KAVRAMI”, PAP, vol. 9, no. 1, pp. 85–89, 2019, doi: 10.17261/Pressacademia.2019.1072.
ISNAD Ozer, Gokhan - Kursat Merter, Abdullah. “DENETİM KOMİTESİ ETKİNLİĞİ VE İHTİYATLILIK KAVRAMI”. PressAcademia Procedia 9/1 (July 2019), 85-89. https://doi.org/10.17261/Pressacademia.2019.1072.
JAMA Ozer G, Kursat Merter A. DENETİM KOMİTESİ ETKİNLİĞİ VE İHTİYATLILIK KAVRAMI. PAP. 2019;9:85–89.
MLA Ozer, Gokhan and Abdullah Kursat Merter. “DENETİM KOMİTESİ ETKİNLİĞİ VE İHTİYATLILIK KAVRAMI”. PressAcademia Procedia, vol. 9, no. 1, 2019, pp. 85-89, doi:10.17261/Pressacademia.2019.1072.
Vancouver Ozer G, Kursat Merter A. DENETİM KOMİTESİ ETKİNLİĞİ VE İHTİYATLILIK KAVRAMI. PAP. 2019;9(1):85-9.

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