Factors Impact the Timeliness of Corporate Reporting: Evidence froman emerging economy

Abstract

This study is set out to explore the perceptions of public accountants and financial analysts about the factors that impact timelines of corporate reporting in Qatar. To achieve this objective, 110 questionnaires were distributed to licensed Financial Analysts (FAs) and Public Accountants (PAs) in Qatar. 102 out of 110 questionnaires were completed resulting in 92% response rate. Eighteen explanatory factors were listed in the questionnaire and the participants were asked to identify the most influencing factors that impact timeliness. The results of the analysis indicated that timeliness of corporate reporting in Qatar is highly affected by the quality of electronic data processing systems, the quality of internal control systems, level of compliance with regulations, type of audit-opinion and firm size. The result of the analysis also revealed that financial reports are the investors’ primary source of information for making investment decisions in Qatar.