أثر تطبيق خصائص لجنة المراجعة والتدقيق على جودة البيانات المالية وتحسين الاداء المالي في المؤسسات المالية "دراسة على المؤسسات المالية المدرجة في بورصة فلسطين"
Date
2020-08-21
Authors
حسين نعيم عزت حمدان
Hussain Naeem Hamdan
Journal Title
Journal ISSN
Volume Title
Publisher
Al-Quds University
Abstract
The study aims to identify the effect of applying the characteristics of audit committee on the quality of the financial statements and the enhancement of the financial performance for the financial institutions listed in Palestine Securities Exchange. The descriptive method was used for achieving the purpose of the study, as well as using the financial analysis of the financial statements for the financial institutions through their annual reports published in Palestine Securities Exchange. The study population consists of all who works in external audit for the financial companies, of which they are (100). The study population will also be from all banks listed on the Palestine Securities Exchange their number (6) banks, and it is from all insurance companies in the Palestine Securities Exchange and their number (7) companies. A sample of (52) persons works in external audit distributed by a stratified sampling, and an organization consisting of financial information for (5) banks, consisting of financial information of (4) insurance companies. The most important results of the study are that the financial expertise is the most characteristic of the audit committee that has the significant influence on the quality of the financial statements in terms of appropriateness. Additionally, the results of the study indicate that the number of members in the audit committee and their financial expertise have significant influence on the quality of financial statements in terms of honest representation, whereas, other characteristics of the audit committee such as independence and member’s ownership of the shares have no influence on the financial statements.
The financial analysis that was performed indicates by using the financial ratios that there is an effect of the characteristics of the Audit Committee represented by (income-revenue, basic earnings per share, return on equity, and return on assets) on the enhancement of the financial performance for the financial institutions. On the other hand, there is no impact of the characteristics of the audit committee on the quality of the financial statements due to variables include (academic qualification, professional certificates, work experience, and job position).