الفهرس 
Chapter 1 __________________________ General Framework of The StudyOnly 14 pages are availabe for public view
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Abstract
There is a trade-off between timing and objectivity of external auditor’s report, as shortening audit report lag can negatively affect objectivity of this report and vice versa. The trend toward shortening audit report lag in both developed and developing countries puts more pressure on external auditor to issue his report in a much shorter time and without any quality compromises.
External auditor’s reliance on internal auditor’s work can help in shortening audit report lag and increase objectivity of external auditor’s report, but the degree of this reliance depends mainly on the quality of internal auditing within the client’s company. According to previous audit literature risk-based internal auditing (RBIA) is found to enhance the quality of internal auditing, risk management system, and internal control system. Thus, implementing RBIA effectively by client’s company can affect both timing and objectivity of external auditor’s report.
The current research aims to determine the effect of applying RBIA on both timing and objectivity of external auditor’s report. The data was collected using a questionnaire distributed to external auditors affiliated to different audit firms in Egypt and accountability state authority of Egypt, 210 participants were selected for data analysis. Simple linear regression was applied to test the first hypothesis, Multiple linear regression models were established to test the next four hypotheses, finally Structure equation modeling was applied to test the last two hypotheses. The results indicates that RBIA has a negative effect on audit report lag and positive effect on objectivity of external auditor’s report. The finding reveals that RBIA affect timing and objectivity of external auditor’s report both directly and indirectly through increasing the degree of external auditor’s reliance on company’s data, which means the acceptance of all research hypotheses.