Key Audit Matters practices in construction sector: Evidence of Malaysian Market

Abstract

This paper examines the reporting of Key Audit Matters (KAMs) in independent auditor’s report for construction sector in the Malaysian market. It also aims to identify whether the specific characteristics of construction company will influence the KAMs reporting for Malaysian companies. The sample covers ail construction companies listed on Bursa Malaysia with available data one year upon the implementation of KAMs. This business sector has been the subject of the study due to the fact that construction sector, despite being a high-risk sector, is among important sectors that contribute to the development of the economy of a country.