Open Access. Powered by Scholars. Published by Universities.®
Articles 1 - 1 of 1
Full-Text Articles in Business
Determinants And Consequences Of Early Filing Of Financial Statements, Claudia Hernandez
Determinants And Consequences Of Early Filing Of Financial Statements, Claudia Hernandez
FIU Electronic Theses and Dissertations
The objective of this study is to identify the determinants of early filers (firms that file before their filing deadline) and to ascertain whether their accounting quality differs from that of timely filers. In 2005, the SEC (Securities and Exchange Commission) accelerated the filing deadlines affecting fiscal year 2006 and onward. An analysis of audit opinions of Form 10-K from years 2007 to 2019 shows that the Audit Reporting Lag, or ARL (the number of days between the fiscal year end and auditor signature date), is 12 days or more ahead of the deadlines in approximately 40% of the firm-years. …