Pages: 56-61

Abstract

The aim of this study was to investigate the role of audit committee members’ expertise in accounting and finance on the risk of investment in the automotive industry companies listed in the Tehran Stock Exchange. The research method was descriptive-correlational. The samples in this study were the automotive companies in the Tehran Stock Exchange during the period of 2009-2014, 15 of which were selected as the samples. The results showed that the audit committee members’ levels of expertise in accounting and finance significantly affects the risk of investment. Keywords: Audit committee, financial reporting, audit committee chairman