| Summary: | 碩士 === 元智大學 === 財務金融暨會計碩士班(會計學程) === 103 === The paper examines the relationship between auditor’s characteristics and reporting lag in Taiwan, and it focuses on industrial expertise and audit tenure on auditors’ characteristics. We expect that industrial specialized auditors and auditors who have long audit tenure may more familiarize with the audited companies and their industry. Auditors can plan and execute audit work more efficiently than others who unfamiliarize with. Moreover, we also examine the relationship between audit reporting lag and restatement, and expect that they have positive relationship. We construct a sample consisting Taiwan listed companies in TWSE, listed companies in OTC, and stock of emerging companies from 1993 to 2012. We interpret these finding as suggesting that industry specialized and longer audit tenure’s auditors are efficient in planning and executing audit work, resulting in shorter audit reporting lag. In addition, the empirical result also shows that the companies, which have longer audit reporting lag, may restate the financial statements in future.
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