Compilation Report Timeliness in Local Governments: An Investigation of Entities Exceeding State Deadlines

• In Event: International/ Governmental/ Informations Systems

Abstract

The purpose of this study is to identify variables that influence compilation report timeliness in governments. This research utilizes logistic regression to estimate the effects of several variables of interest on the incidence of filing reports after state-mandated filing deadlines. The research also utilizes ordinary-least-squares regression to estimate the effect of those variables on time it takes to file compilation reports with the state auditor’s office.
The number of auditors’ findings issued to the governmental entity was found to be associated with both longer compilation report delay and with late compilations. The travel distance between the auditor’s office and the client’s office was also found to be associated with longer compilation report delay and, to a lesser extent, with late compilation reports.

Authors

• Corey Steven Cagle, University of North Alabama

• Dale L Flesher, The University of Mississippi

• Annette K Pridgen, The University of Mississippi