Factor Influencing International Financial Reporting Standards and Financial Reporting Quality Among Private Sector in Yemen

Al-Baraa Al-yadumi; Dr. S. M. Ferdous Azam

Abstract: This study has been conducted to investigate the impact of corporate governance mechanisms (audit committee and internal audit). The mediating variable is international financial reporting standards, and the dependent variable is the financial reporting quality. To obtain relevant information on the financial reporting quality in Yemen, the researcher conducted a survey and distributed it by application. In addition, the respondents of this research are 290 of private sectors in Yemen. To analyze, Structural Equation Modelling (SEM) has been employed through Smart PLS software before using SPSS. The audit committee is measured by (size, independence, expertise) and internal audit. The study results reveal that audit committee and internal audit, and international financial reporting standards significantly affect financial reporting quality. Overall, the results of corporate governance (Audit committee and internal audit) and international financial reporting standards enhance the quality of financial reporting.

FULL TEXT PDF 1-7 ] DOI: 10.30566/ijo-bs/2021.05.49

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