Systematic Literature Review: Audit Committee on Audit Report Lag
Keywords:
audit committee, audit report lag, bibliometrics; Systematic Literature Review (SLR)
Abstract
This study aims to review articles related to the effect of the audit committee on audit report lag. A bibliometric-based Systematic Literature Review (SLR) method is employed to identify, evaluate, and synthesize relevant empirical findings from the reputable Scopus database. The literature search was conducted using a combination of the keywords “audit committee” and “audit report lag.” Of the 64 articles initially identified, 20 articles met the inclusion criteria after a screening process using the PRISMA protocol. The findings indicate that audit report lag is an important indicator of reporting quality, influenced by a combination of firm-level internal factors, auditor characteristics, and governance mechanisms. Several studies position the audit committee as a governance mechanism that affects not only the quality of financial reporting but also the speed with which reports reach the market. The impact of the audit committee on audit report lag is not one-directional: a committee that is “strong but overly busy” may prolong the process, whereas a committee that is independent, expert, focused, and led by a competent chairperson can act as a key catalyst in improving the timeliness of financial reporting.
References
Abdillah, Muhammad Rifqi, and Agus Widodo Mardijuwono. 2025. “The Effect of Company Characteristics and Auditor Characteristics to Audit Report Lag.” 4(1): 129–44. doi:10.1108/AJAR-05-2019-0042.
Abouelela, O, A Diab, and S Saleh. 2025. “The Determinants of the Relationship between Auditor Tenure and Audit Report Lag: Evidence from an Emerging Market.” Cogent Business and Management 12(1). doi:10.1080/23311975.2024.2444553.
Ahmad, Khaldoon, and Al Daoud. 2015. “The Impact of Internal Corporate Governance on the Timeliness of Financial Reports of Jordanian Firms : Evidence Using Audit and Management Report Lags.” 6(1): 430–42. doi:10.5901/mjss.2015.v6n1p430.
Al-Ebel, A, S Baatwah, and M Al-Musali. 2020. “Religiosity, Accounting Expertise, and Audit Report Lag: Empirical Evidence from the Individual Level.” Cogent Business and Management 7(1). doi:10.1080/23311975.2020.1823587.
Al-ebel, Abood, Saeed Baatwah, Mahfoudh Al-musali, Abood Al-ebel, Saeed Baatwah, and Mahfoudh Al-musali. 2020. “Cogent Business & Management Religiosity , Accounting Expertise , and Audit Report Lag : Empirical Evidence from the Individual Level Religiosity , Accounting Expertise , and Audit Report Lag : Empirical Evidence from the Individual Level.” Cogent Business & Management 7(1). doi:10.1080/23311975.2020.1823587.
Al-Qublani, A A M, H Kamardin, and R Shafie. 2020. “Audit Committee Chair Attributes and Audit Report Lag in an Emerging Market.” International Journal of Financial Research 11(4): 475–92. doi:10.5430/ijfr.v11n4p475.
Alhawamdeh, O, Z Salleh, and S Ismail. 2024. “THE MODERATING ROLE OF KEY AUDIT MATTERS IN THE RELATIONSHIP BETWEEN AUDIT COMMITTEE CHARACTERISTICS AND AUDIT REPORT LAG.” Corporate Governance and Organizational Behavior Review 8(1): 243–51. doi:10.22495/cgobrv8i1p21.
Alshammari, M K. 2024. “AUDIT COMMITTEE TRAITS IMPACT ON AUDIT REPORT LAG: EVIDENCE FROM NON-FINANCIAL LISTED ENTITIES.” Risk Governance and Control: Financial Markets and Institutions 14(3): 134–44. doi:10.22495/rgcv14i3p13.
Alsheikh, A H, and W H Alsheikh. 2023. “Does Audit Committee Busyness Impact Audit Report Lag?” International Journal of Financial Studies 11(1). doi:10.3390/ijfs11010048.
Bhuiyan, M B U, and M D’Costa. 2020. “Audit Committee Ownership and Audit Report Lag: Evidence from Australia.” International Journal of Accounting and Information Management 28(1): 96–125. doi:10.1108/IJAIM-09-2018-0107.
Chotisarn, N., & Phuthong, T. (2025). A bibliometric analysis insights into the intellectual dynamics of artificial intelligence for the micro, small, and medium enterprises. Cogent Business & Management, 12(1), 2491684. https://doi.org/10.1080/23311975.2025.2491684 Taylor & Francis Online+1
D, Stephen Aanu Ph, and Francis Odianonsen Ph D. 2015. “Audit Committee Financial Expertise : Antidote for Financial Reporting Quality in Nigeria ?” 6(1): 136–46. doi:10.5901/mjss.2015.v6n1p136.
Endri, Endri, and Sigid Eko Pramono. 2024. “The Determinants of Audit Report Lag : Evidence from Indonesia.” : 0–12. doi:10.21511/imfi.21(1).2024.01.
Ezat, Amr Nazieh, Maher Abulaila, and Abdallah Ammar Hendaoui. 2021. “The Association Between Audit Report Lag And Audit Quality , And Audit Committee In The Saudi Arabia Context.” (November). doi:10.17051/ilkonline.2021.06.152.
Fujianti, L. 2019. “The Role of Legal Compliance and Good Corporate Governance on Reducing Audit Delay on Publicly Listed Companies in Indonesia.” Research in World Economy 10(3). doi:10.5430/RWE.V10N3P359.
Hadi, S., Tjahjono, H. K., & Palupi, M. (2020). Systematic review: Meta sintesis untuk riset perilaku organisasional. Yogyakarta, Indonesia: Viva Victory Abadi. Ejournal UIN Raden Mas Said Surakarta+3ResearchGate+3Universitas Islam Indonesia+3
Kaaroud, M A, N Mohd Ariffin, and M Ahmad. 2020. “The Extent of Audit Report Lag and Governance Mechanisms: Evidence from Islamic Banking Institutions in Malaysia.” Journal of Islamic Accounting and Business Research 11(1): 70–89. doi:10.1108/JIABR-05-2017-0069.
Maranjory, Mehdi. 2022. “Paper Type : Original Article Audit Committee Characteristics and Audit Report Lag : Evidence from the Iran 1 | Introduction.” 2(1): 49–60.
Marzi, G., Balzano, M., Caputo, A., & Pellegrini, M. M. (2025). Guidelines for bibliometric-systematic literature reviews: 10 steps to combine analysis, synthesis and theory development. International Journal of Management Reviews, 27(1), 81–103. https://doi.org/10.1111/ijmr.12381 B-SLR+3Wiley Online Library+3B-SLR+3
Mobarak, Mahfod, Nasr Taha, Magdy Melegy, Abd El, and Hakim Melegy. 2021. “Audit Committee Quality and Audit Report Lag : The Role of Mandatory Adoption of IFRS in Saudi Companies.” 7: 167–78. doi:10.5267/j.ac.2020.9.019.
Nehme, R, G Assaker, and R Khalife. 2015. “Dynamics of Audit Lag − Board of Directors and Audit Committees’ Effect.” Corporate Ownership and Control 12(3CONT3): 281–94. doi:10.22495/cocv12i3c3p1.
Ni, C., & Abdullah, N. L. (2025). Research on absorptive capacity in the green context: A bibliometric and visualization analysis. Cogent Business & Management, 12(1), 2435602. https://doi.org/10.1080/23311975.2024.2435602 Direktori Jurnal Akses Terbuka+2Taylor & Francis Online+2
Nipper, M. 2021. “The Role of Audit Committee Chair Tenure—A German Perspective.” International Journal of Auditing 25(3): 716–32. doi:10.1111/ijau.12245.
Oh, Hyun Min. 2022. “The Effect of Board Characteristics on the Relationship between Managerial Overconfidence and Audit Report Lag : Evidence from Korea 2 . Background and Hypothesis Development.” 13(2): 50–60. doi:10.33094/ijaefa.v13i2.616.
Omer, W K H, K S Aljaaidi, and E S Al-Moataz. 2020. “Risk Management Functions and Audit Report Lag among Listed Saudi Manufacturing Companies.” Journal of Asian Finance, Economics and Business 7(8): 61–67. doi:10.13106/JAFEB.2020.VOL7.NO8.061.
Rahaman, M M, and M B U Bhuiyan. 2025. “Audit Report Lag and Key Audit Matters in Australia.” International Journal of Disclosure and Governance 22(2): 532–54. doi:10.1057/s41310-024-00251-6.
Sobhan, Raihan, Fahmida Fayaja Mim, and Fariha Rahman. 2025. “Nexus between Audit Committee Characteristics and Audit Report Lag in an Emerging Economy : An Analysis Using Frequentist.” 9(2): 311–33. doi:10.1108/AJEB-04-2024-0043.
Wang, P., & Yi, H. (2025). A bibliometric analysis of digital game-based learning in educational contexts. Research and Practice in Technology Enhanced Learning, 20, 037. https://doi.org/10.58459/rptel.2025.20037
Waris, Muhammad, and Badariah Haji Din. 2023. “Impact of Corporate Governance and Ownership Concentrations on Timelines of Financial Reporting in Pakistan Impact of Corporate Governance and Ownership Concentrations on Timelines of Financial Reporting in Pakistan.” Cogent Business & Management 10(1). doi:10.1080/23311975.2023.2164995.
Abouelela, O, A Diab, and S Saleh. 2025. “The Determinants of the Relationship between Auditor Tenure and Audit Report Lag: Evidence from an Emerging Market.” Cogent Business and Management 12(1). doi:10.1080/23311975.2024.2444553.
Ahmad, Khaldoon, and Al Daoud. 2015. “The Impact of Internal Corporate Governance on the Timeliness of Financial Reports of Jordanian Firms : Evidence Using Audit and Management Report Lags.” 6(1): 430–42. doi:10.5901/mjss.2015.v6n1p430.
Al-Ebel, A, S Baatwah, and M Al-Musali. 2020. “Religiosity, Accounting Expertise, and Audit Report Lag: Empirical Evidence from the Individual Level.” Cogent Business and Management 7(1). doi:10.1080/23311975.2020.1823587.
Al-ebel, Abood, Saeed Baatwah, Mahfoudh Al-musali, Abood Al-ebel, Saeed Baatwah, and Mahfoudh Al-musali. 2020. “Cogent Business & Management Religiosity , Accounting Expertise , and Audit Report Lag : Empirical Evidence from the Individual Level Religiosity , Accounting Expertise , and Audit Report Lag : Empirical Evidence from the Individual Level.” Cogent Business & Management 7(1). doi:10.1080/23311975.2020.1823587.
Al-Qublani, A A M, H Kamardin, and R Shafie. 2020. “Audit Committee Chair Attributes and Audit Report Lag in an Emerging Market.” International Journal of Financial Research 11(4): 475–92. doi:10.5430/ijfr.v11n4p475.
Alhawamdeh, O, Z Salleh, and S Ismail. 2024. “THE MODERATING ROLE OF KEY AUDIT MATTERS IN THE RELATIONSHIP BETWEEN AUDIT COMMITTEE CHARACTERISTICS AND AUDIT REPORT LAG.” Corporate Governance and Organizational Behavior Review 8(1): 243–51. doi:10.22495/cgobrv8i1p21.
Alshammari, M K. 2024. “AUDIT COMMITTEE TRAITS IMPACT ON AUDIT REPORT LAG: EVIDENCE FROM NON-FINANCIAL LISTED ENTITIES.” Risk Governance and Control: Financial Markets and Institutions 14(3): 134–44. doi:10.22495/rgcv14i3p13.
Alsheikh, A H, and W H Alsheikh. 2023. “Does Audit Committee Busyness Impact Audit Report Lag?” International Journal of Financial Studies 11(1). doi:10.3390/ijfs11010048.
Bhuiyan, M B U, and M D’Costa. 2020. “Audit Committee Ownership and Audit Report Lag: Evidence from Australia.” International Journal of Accounting and Information Management 28(1): 96–125. doi:10.1108/IJAIM-09-2018-0107.
Chotisarn, N., & Phuthong, T. (2025). A bibliometric analysis insights into the intellectual dynamics of artificial intelligence for the micro, small, and medium enterprises. Cogent Business & Management, 12(1), 2491684. https://doi.org/10.1080/23311975.2025.2491684 Taylor & Francis Online+1
D, Stephen Aanu Ph, and Francis Odianonsen Ph D. 2015. “Audit Committee Financial Expertise : Antidote for Financial Reporting Quality in Nigeria ?” 6(1): 136–46. doi:10.5901/mjss.2015.v6n1p136.
Endri, Endri, and Sigid Eko Pramono. 2024. “The Determinants of Audit Report Lag : Evidence from Indonesia.” : 0–12. doi:10.21511/imfi.21(1).2024.01.
Ezat, Amr Nazieh, Maher Abulaila, and Abdallah Ammar Hendaoui. 2021. “The Association Between Audit Report Lag And Audit Quality , And Audit Committee In The Saudi Arabia Context.” (November). doi:10.17051/ilkonline.2021.06.152.
Fujianti, L. 2019. “The Role of Legal Compliance and Good Corporate Governance on Reducing Audit Delay on Publicly Listed Companies in Indonesia.” Research in World Economy 10(3). doi:10.5430/RWE.V10N3P359.
Hadi, S., Tjahjono, H. K., & Palupi, M. (2020). Systematic review: Meta sintesis untuk riset perilaku organisasional. Yogyakarta, Indonesia: Viva Victory Abadi. Ejournal UIN Raden Mas Said Surakarta+3ResearchGate+3Universitas Islam Indonesia+3
Kaaroud, M A, N Mohd Ariffin, and M Ahmad. 2020. “The Extent of Audit Report Lag and Governance Mechanisms: Evidence from Islamic Banking Institutions in Malaysia.” Journal of Islamic Accounting and Business Research 11(1): 70–89. doi:10.1108/JIABR-05-2017-0069.
Maranjory, Mehdi. 2022. “Paper Type : Original Article Audit Committee Characteristics and Audit Report Lag : Evidence from the Iran 1 | Introduction.” 2(1): 49–60.
Marzi, G., Balzano, M., Caputo, A., & Pellegrini, M. M. (2025). Guidelines for bibliometric-systematic literature reviews: 10 steps to combine analysis, synthesis and theory development. International Journal of Management Reviews, 27(1), 81–103. https://doi.org/10.1111/ijmr.12381 B-SLR+3Wiley Online Library+3B-SLR+3
Mobarak, Mahfod, Nasr Taha, Magdy Melegy, Abd El, and Hakim Melegy. 2021. “Audit Committee Quality and Audit Report Lag : The Role of Mandatory Adoption of IFRS in Saudi Companies.” 7: 167–78. doi:10.5267/j.ac.2020.9.019.
Nehme, R, G Assaker, and R Khalife. 2015. “Dynamics of Audit Lag − Board of Directors and Audit Committees’ Effect.” Corporate Ownership and Control 12(3CONT3): 281–94. doi:10.22495/cocv12i3c3p1.
Ni, C., & Abdullah, N. L. (2025). Research on absorptive capacity in the green context: A bibliometric and visualization analysis. Cogent Business & Management, 12(1), 2435602. https://doi.org/10.1080/23311975.2024.2435602 Direktori Jurnal Akses Terbuka+2Taylor & Francis Online+2
Nipper, M. 2021. “The Role of Audit Committee Chair Tenure—A German Perspective.” International Journal of Auditing 25(3): 716–32. doi:10.1111/ijau.12245.
Oh, Hyun Min. 2022. “The Effect of Board Characteristics on the Relationship between Managerial Overconfidence and Audit Report Lag : Evidence from Korea 2 . Background and Hypothesis Development.” 13(2): 50–60. doi:10.33094/ijaefa.v13i2.616.
Omer, W K H, K S Aljaaidi, and E S Al-Moataz. 2020. “Risk Management Functions and Audit Report Lag among Listed Saudi Manufacturing Companies.” Journal of Asian Finance, Economics and Business 7(8): 61–67. doi:10.13106/JAFEB.2020.VOL7.NO8.061.
Rahaman, M M, and M B U Bhuiyan. 2025. “Audit Report Lag and Key Audit Matters in Australia.” International Journal of Disclosure and Governance 22(2): 532–54. doi:10.1057/s41310-024-00251-6.
Sobhan, Raihan, Fahmida Fayaja Mim, and Fariha Rahman. 2025. “Nexus between Audit Committee Characteristics and Audit Report Lag in an Emerging Economy : An Analysis Using Frequentist.” 9(2): 311–33. doi:10.1108/AJEB-04-2024-0043.
Wang, P., & Yi, H. (2025). A bibliometric analysis of digital game-based learning in educational contexts. Research and Practice in Technology Enhanced Learning, 20, 037. https://doi.org/10.58459/rptel.2025.20037
Waris, Muhammad, and Badariah Haji Din. 2023. “Impact of Corporate Governance and Ownership Concentrations on Timelines of Financial Reporting in Pakistan Impact of Corporate Governance and Ownership Concentrations on Timelines of Financial Reporting in Pakistan.” Cogent Business & Management 10(1). doi:10.1080/23311975.2023.2164995.
Published
2025-12-03
How to Cite
Jenny Liana, Enggar Diah Puspa Arum, & Wiralestari. (2025). Systematic Literature Review: Audit Committee on Audit Report Lag. International Journal of Economics, Business and Innovation Research, 5(01), 60-84. https://doi.org/10.63922/ijebir.v5i01.2614
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