Nurul Nazlia Jamil2024-05-282024-05-2820162321-9246https://saepub.com/acc.php?journal_name=ARJBM&volume=3&issue=3https://oarep.usim.edu.my/handle/123456789/6407Volume : 3 Issue : 3This paper investigates the audit committee effectiveness in Government Linked Companies (GLCs) on the quality of financial reporting subsequent to GLCs transformation program. A sample of 282 GLCs was acquired to examine the some firms' characteristics with financial reporting. Results show that due to the post transformation program, there is higher number of audit committee independence which indirectly helps to reduce the level of discretionary accruals in GLCs. The GLCs transformation program provide evidence to the regulators as well as other stakeholders in evaluating the existing approach in monitoring and controlling GLCs for better improvement in formulating government policy. The study provides empirical evidence on the issue of financial reporting quality in GLCs and how the implementation of GLCs transformation program is able to have a significant impact on financial reporting in GLCs in Malaysia's setting.en-USAudit committees, GLC, Transformation Program, MalaysiaArticle11433