Main Page
Welcome
About the Center
About The SPC
Mission and Vision
Organizational Structure
Spc Directors
Facts and Figures
Services
ِActivities
Exhibitions
Print Exhibition
Books Exhibition
Visits
Training
Workshops
Courses
Seminars
Conventions
Celebrations
Research
Favorite Links
Contact Us
PhotoAlbum
Contact Us
Researches
عربي
English
About
Admission
Academic
Research and Innovations
University Life
E-Services
Search
Scientific Publishing Center
Document Details
Document Type
:
Article In Journal
Document Title
:
An Empirical Study of the Audit Committees Functions and Criteria for the Selection of their Members in the Kingdom of Saudi Arabia
مهام لجان المراجعة ومعايير اختيار أعضائها : دراسة تطبيقية في المملكة العربية السعودية
Subject
:
Accounting
Document Language
:
Arabic
Abstract
:
The main objectives of this study are to lay down perceived functions of the audit committees its importance and to determine the criteria for the selection of their members in the Kingdom of?Saudi Arabia. In order to achieve these objectives, the research has been divided into five Parts: Introduction, Literature Review with comparison to what has been published in the Kingdom, Methodology, Findings of the Study and its Limitations and Recommendations of the Study. A questionnaires has been sent to 156 certified public accountants, 88 corporate executives and 24 financial statements users. Based on an acceptable response rate, data has been analyzed using ANOVA and frequency tests. The following are the main findings: (1) The participants have identified 21 audit committees' functions, such as participation in auditors' selection and the follow up of the execution of management letter of recommendations and evaluation of internal control systems. (2) There were statistically significant differences in 10 of?the identified audit committees functions among participants. (3) The majority of the participants has identified university degree in accounting, sufficient financial experience and independence as the main criteria for selecting audit committee’s members. Ownership in the company, full time work, and age were not identified as major deciding factors selection for committee’s membership.
ISSN
:
1319-0997
Journal Name
:
Economics and Administration Journal
Volume
:
11
Issue Number
:
1
Publishing Year
:
1418 AH
1998 AD
Article Type
:
Article
Added Date
:
Sunday, October 11, 2009
Researchers
Researcher Name (Arabic)
Researcher Name (English)
Researcher Type
Dr Grade
Email
عبدالله علي منيف
ABDULLAH A. AL-MUNEEF
Researcher
عبدالرحمن إبراهيم الحميد
ABDURRAHMAN I. AL-HAMAID
Researcher
Files
File Name
Type
Description
21704.pdf
pdf
Back To Researches Page