The Timeless of Kelantan Local Authorities’ Financial Reports

  • Nur Raihana Mohd Sallem Universiti Teknologi MARA
  • Noor Emilina Mohd Nasir Universiti Teknologi MARA
  • Asmah Abd Aziz Universiti Teknologi MARA


The main objective of this study was to examine audit lag of local authorities in Kelantan. In particular, this study investigated accounts preparation lag, audit lag and the association of audit lag with three factors; types of audit report, number of audit incidents and preparation lag. The findings of the 11-year period showed that only 13.28% financial reports were completed within five months while 2.34% took more than 11 months. Furthermore, this study also revealed that 46.97% of audit lag of local authorities in Kelantan were within requirement of Act 171 which is 10 months. However, there were still 13.64% of audit lag which exceeded 12 months. Finally, the correlation test showed that only preparation lag was significantly associated with audit lag. The results of our study increase the understanding of how Kelantan local authorities manage to prepare their financial report in timely manner.Keywords: Timeliness, preparation lag, audit lag, financial reports, local authorities
Dec 31, 2012
How to Cite
MOHD SALLEM, Nur Raihana; MOHD NASIR, Noor Emilina; ABD AZIZ, Asmah. The Timeless of Kelantan Local Authorities’ Financial Reports. Management & Accounting Review (MAR), [S.l.], v. 11, n. 2, p. 95-120, dec. 2012. ISSN 2550-1895. Available at: <>. Date accessed: 30 nov. 2022. doi: