Abstract
Financial reporting in a timely manner is one of the important factors to maintain the relevance of the information contained in the financial statements of a company. The purpose of this research is to analyze the influence of profitability, solvability, the complexity of operations, audit firm’s reputation and company’s age on audit delay, partially and simultaneously. This research uses secondary data obtained from goods and consumption industry sector companies listed on the Indonesia Stock Exchange from 2015-2018. This study used a purposive sampling method that produced 28 companies and 112 samples. Sample data were processed using descriptive statistical analysis, classic assumption test and multiple linear regression. The result of the partial significance test shows that the profitability and complexity of operations influence audit delay, while the simultaneous significance test shows that all variables simultaneously influence audit delay.
Highlights
Companies that are publicly listed on the Indonesia Stock Exchange require to present financial reports that can be accessed so that they can be seen by interested parties with the wider community
This study is intended to analyze the effect of profitability, solvency, operational complexity, KAP reputation and company age on audit delay in consumer goods industry sector companies listed on the Indonesia Stock Exchange for the period 2015-2018
This study aims to examine the effect of independent variables namely profitability, solvency, the complexity of operations, the reputation of the firm and the age of the company to the dependent variable, namely audit delay
Summary
Companies that are publicly listed on the Indonesia Stock Exchange require to present financial reports that can be accessed so that they can be seen by interested parties with the wider community. The financial statements presented by company management have all the information that is useful for all parties both internal and external to make decisions in the company. According to the International Accounting Standard Boards (IASB), the main qualitative features or characteristics of financial information are actual relevance and representation, which are strengthened through comparability, verification, timeliness, and understandability. Seeing these qualitative characteristics, timeliness is an important factor in measuring the value of information. The impact of the delay in the issuance of an audit report is a delay in the submission of financial statements and a reduction in the relevance of the financial statements but can impact on the company's Good Corporate Governance because the delay or delay in submission of financial statements can be detrimental to investors and shareholders if they have to make decisions quickly because the information they need is not available when
Sign-in/Register to view highlights & summary Sign-in/Register to access full text options 
Free) 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
