How Does the Expertise of the Audit Committee Chair Impact Oversight?

Summary

Accounting and Reporting Audit and Assurance ESG

The study examines how accounting financial expertise (AFE) within the audit committee (AC) enhances the oversight of financial reporting quality and audit processes. In particular, it evaluates if the presence of an AFE as the chair of the AC influences the effectiveness of monitoring earnings management, reducing misstatement risk, and ensuring auditor independence.