Audit Delay Research Articles

The leverage and company size impact on delay in the audit

Purpose: The goal of this study is to investigate the impact of leverage and company size on the delay in auditing of manufacturing companies listed on the IDX (2016-2018). Research methodology: Descriptive and vericative methods were used for the study design. The purposive judgement sampling method was used for sample determination in the present study. The program used was SPSS Version 20.00. Results: The findings show that simultaneously variable leverage and company size affect audit delays. Limitations: This study only uses data from the IDX for 2016-2018 which allows data not to be obtained in detail, and the sample in this study only uses manufacturing companies that use rupiah currency. Contribution: Author, Idx, and Public.

Pengaruh Audit Tenure, Ukuran Kantor Akuntan Publik, Rotasi Audit, Dan Audit Delay Terhadap Kualitas Audit Pada Perusahan Manufaktur Subsektor Makanan Dan Minuman

This research aims to find out whether audit tenure, KAP size, audit rotation, and audit delay have an effect on audit quality in manufacturing companies with the food and beverage subsector listed on the Indonesia Stock Exchange (BEI) in 2019-2022, either partially or simultaneously. The type of data in this research is quantitative with secondary data. The sample used in this research was 30 food and beverage companies with 128 financial reports. The sampling technique uses purposive sampling technique. The analytical methods used in this research are logistic regression analysis and descriptive analysis. The results of this research show that audit tenure has a positive and significant effect on audit quality, while KAP size, audit rotation and audit delay do not have a significant effect on audit quality.

PENGARUH FINANCIAL DISTRESS, KEPEMILIKAN PUBLIK, AUDIT DELAY, DAN KEPEMILIKAN TERKONSENTRASI TERHADAP AUDITOR SWITCHING

The objective of this research is to examine the impact of financial distress, public ownership, audit delay, and concentrated ownership on auditor switching within the context of property and real estate firms listed on the IDX between 2017 and 2021, comprising a total of 49 companies. The research employed a purposive sampling approach to select 21 companies that fulfilled the research criteria. The study relied on secondary data extracted from the financial reports of these companies and involved a multiple linear regression analysis. The results indicate that financial distress exerts a negative influence on auditor switching, whereas public ownership and audit delay exhibit a positive association with auditor switching. In contrast, concentrated ownership does not demonstrate a significant effect on auditor switching. These findings provide valuable insights for both firms and investors, enabling them to make well-informed decisions concerning auditor switching and its associated determinants, including financial distress, public ownership, and audit delay

The new audit report with key audit matters: Lessons from Thailand's first implementation

AbstractUsing a mixed method research design, this study is the first to provide comprehensive evidence of the impacts of Thailand's first implementation of the new audit report with key audit matters (KAMs), which took place in 2016. Survey evidence shows that the new audit report improves the informative value and effectively narrows the deficient‐standards and deficient‐performance gaps. Nonetheless, financial statement users have made new demands for information that lie beyond auditors' traditional responsibility. Moreover, marginally significant evidence from archival data shows that although the disclosure of KAMs increases audit fees and audit delays, it improves audit quality. However, the market does not value KAMs.

Pengaruh Audit Tenure, Komite Audit, dan Audit Delay terhadap Auditor Switching

This research aimed to examine the effect of audit tenure, audit committee, and audit delay on auditor switching. The population in this research are all infrastructure, utilities, and transportation companies listed on the Indonesia Stock Exchange in 2016-2021. The sampling technique used the purposive sampling. Total sample are 108 companies. The statistical method used logistic regression analysis. The result showed that audit tenure, audit committee and audit delay had no influence on auditor switching in infrastructure, utilities, and transportation companies listed on the Indonesia Stock Exchange in 2016-2021.

Pengaruh Leverage, Profitabilitas, Struktur Kepemilikan Saham Dan Kompleksitas Perusahaan Terhadap Audit Delay

The study aims to determine the Effect of Leverage, Profitability, Stock Ownership Structure, and Complexity of Company on Audit Delay. The sample selection technique in this study used the purposive sampling method and obtained 26 food and beverage companies listed on the Indonesia Stock Exchange for the period 2018 – 2021. The data analysis used in this study was multiple linear regression analysis using SPSS version 19 software. The results of the study can be concluded that the leverage and profitability of the auditor have a negative and significant effect on audit delay, while stock ownership structure and complexity of company have no effect on audit delay.

Dampak Ukuran Perusahaan, Kualitas Kantor Akuntan Publik (KAP), dan Rasio Keuangan terhadap Audit Delay

The COVID-19 pandemic has had an impact on various sectors of business operations, one of which pertains to the occurrence of audit delays. Companies experienced more instances of audit delays in their financial statements in 2019 compared to the subsequent year. This forms the basis for researching the factors influencing these instances of audit delay. The primary objective of this study was to analyze how company size, KAP quality solvency, and profitability affect audit delays. The study's sample consisted of companies within the consumer goods industry sector listed on the Indonesia Stock Exchange from 2019 to 2021. The sampling technique employed was purposive sampling. The analytical method utilized in this research was multiple linear analysis. The findings of the study reveal that audit delays are collectively influenced by company size, KAP quality, solvency, and profitability. While firm size and solvency exhibit no significant individual impact on audit delays, the variables of KAP quality and profitability demonstrate a noteworthy negative effect. The explanatory power of the variables related to company size, KAP quality, solvency, and profitability in clarifying the audit delay variable amounts to 18.7%.

IMPLICATIONS OF COMPANY FINANCIAL PERFORMANCE AND INDEPENDENT AUDITOR REPUTATION ON AUDIT DELAY

The proper submission of financial reports affects the company's reputation because it ensures that short-term and long-term decisions and policies are made quickly so that the public gets information quickly. This study aims to determine whether audit delays are influenced by financial performance and examiner reputation. The period 2016-2021 is the time span of this research with various types of industrial or business companies listed on the Indonesia Stock Exchange. This study is quantitative in nature. The test sample consists of 126 entities and is taken by purposive sampling. The data analysis technique uses multiple linear regression. Based on the results of the analysis obtained, it was found that liquidity proxied in the quick ratio did not show significant results on audit delay, then profitability proxied by net profit margin showed significant results on audit delay, then for solvency proxied by debt to assets gave results had no significant effect on audit delay, then for external auditor reputation also did not show significant results on audit delay.

Faktor-Faktor Yang Mempengaruhi Audit Delay Pada Kantor BPKP Di Provinsi Sumatera Utara

Financial reports are said to be accurate if they are presented in a timely manner when needed by users of financial statements such as the government, investors, creditors, the public, and other parties as a basis for decision making. This study aims to test and find out whether there is an effect of company size, audit opinion, auditor reputation, and audit tenure on Audit Delay. The method in this study uses quantitative methods with the sampling technique determined by the questionnaire method using the saturated sample technique, where all the population in this study is sampled. The population in this study were all auditors at the BPKP office in North Sumatra Province. the number of samples used was 62 auditors who worked at the BPKP office in North Sumatra Province. Based on the results of the research conducted, it shows that Audit Opinion and Audit Tenure have a significant effect on Audit Delay while Company Size and Audit Reputation have no significant effect on Audit Delay.
 Keywords: Audit Delay, Audit Tenure, Audit Opinion, Auditor Reputation, Company Size

The effect of auditor switching, audit opinions, and financial distress on audit delay

<p>Mining companies are among the Indonesian capital market's most popular or sought-after sectors. As companies listed on the Indonesia Stock Exchange <em>(Bursa Efek Indonesia-BEI</em>), they are also obliged to provide regular financial reports. An independent auditor will review this financial report. The process of auditing financial statements until the final report by an independent auditor is called audit delay. Audit delay is the time required to carry out an audit from the end of the financial year until an independent auditor completes the audit report. Researchers in this study looked at the possibility that audit delays were caused by factors such as auditor switching, audit opinion, and financial distress. Mining business actors on the Indonesia Stock Exchange (<em>Bursa Efek Indonesia-BEI</em>) are the subjects of this research. This research used non-probability sampling and purposive sampling to obtain 140 research samples. Non-participant observation is used to get this data. To analyze the data using multiple linear regression with the help of the Statistical Package for Social Science (SPSS) software. The research results show that auditor switching has no impact on audit delay. In the case of audit delay, it does not matter whether the auditor changes or not. On the other hand, audit delay can occur due to the audit opinion given by the auditor, especially if the argument is unreasonable. Last, audit delays are exacerbated if the company experiences financial distress, whether caused by internal or external factors. The reason is that when auditors carry out audits on companies experiencing financial distress, they will be more careful, and of course, it will take a long time.</p>

Pengaruh Ukuran Perusahaan, Profitabilitas Dan Umur Perusahaan Terhadap Audit Delay (Studi Kasus Pada Perusahaan Jakarta Islamic Indexs Tahun 2018-2020)

Audit delay is the number of days required by the auditor to complete the audit work as measured from the closing date of the company's books, which is December 31 until the issuance of the audited financial statements. This study aims to empirically examine the effect of firm size, profitability and firm age on audit delay in the Jakarta Islamic Index companies in 2018-2020. for Sampling using purposive sampling method according to the criteria of the determination of the sample. The number of samples used in this study was 54 samples with 18 companies and 3 years of research period. This research is descriptive statistical analysis, classical assumption test, multiple linear regression analysis, and hypothesis testing. The software used for data processing is SPSS version 21. The results show the determinant coefficient has a value of 0.011 or 11%, while the rest is influenced by other variables outside the study. The results of this study indicate that partially firm size, profitability and firm age have no effect on audit delay. This study also shows that simultaneously firm size, profitability and firm age have no effect on audit delay.

Determinants Affecting Audit Delay in Companies on the Indonesia Stock Exchange for the 2019-2021 Period

This study was conducted to determine the correlation between profitability, Company age, and auditor's opinion on partial or simultaneous audit delays in food and beverage industry companies listed on the Indonesia Stock Exchange for the period 2019-2021. The following is a list of National Register of Historic Places listings in Fort Worth County (idx.co.id). samples were selected by purposive sampling technique and obtained 17 companies. The Data were processed using quantitative methods, and software program eviews 12.0, tested and analyzed by classical assumption test, panel data regression, and hypothesis test. The results showed that the variable profitability, age of the company, and the opinion of the auditor partially and simultaneously have a negative and significant effect on audit delay. Novelty of this study is the research period, research variables, research targets and treatment in sample selection. The research implication is that companies that are able to suppress audit delay figures can use funds optimally, and are able to attract the attention of investors. This has an impact on economic growth because it can recover faster and stronger.

ANALYSIS OF SOLVABILITY, LIQUIDITY, AND COMPANY SIZE ON AUDIT DELAY WITH AUDIT QUALITY AS MODERATION

Delays in submitting financial reports are caused by the length of audit delay, of which there are various internal and external factors that affect audit delay. This study aimed to examine the direct and indirect effects of internal and external factor on audit delay use a moderating variable. The SEM-PLS technique was used to analyze data from 105 financial statements of 105 mining companies listed on the IDX from 2017-2021 based on purposive sampling with various criteria. The result showed that liquidity, solvency, company size, and audit quality significantly affect audit delays. Other result, audit quality can moderate the impact of solvency and firm size on audit delay but cannot moderate liquidity. The implications of this research for mining companies are to focus on financial performance because it can affect the length of audit delay, which will determine the good and bad assessment of a company.

PENGARUH LIKUIDITAS DAN EPS TERHADAP AUDIT DELAY PERUSAHAAN YANG TERDAFTAR DI JII PERIODE 2019-2021

This study aims to determine the effect of Liquidity and Earning Per Share on audit delay in companies registered on Jakarta Islamic Index for the 2019-2021 period. To obtain data, the authors use a type of quantitative research, namely by accessing company financial reports. The samples used in this study were 16 companies registered on JII for the 2019-2021 period by passing through the purposive sampling stage in accordance with the criteria needed for research. The data analysis method is in This study uses panel data regression techniques. The results of the study show that: Partially, liquidity does not have a significant impact on audit delay for companies listed on the Jakarta Islamic Index for 2019-2021. The liquidity variable has a p-value of 0.4729 which is greater than 0.05 and a tcount value of 0.726983 which is less than 1.67943 This proves that the liquidity variable has no significant effect on audit delay. Partially Earning per share affects audit delay in companies listed on the Jakarta Islamic Index for 2019-2021. The earning per share variable has a p-value of 0.0273 which is smaller than 0.05 and the tcount value is -2.321091 which is greater than 1.67943. This proves that the earnings per share variable has a negative influence on audit delay. Simultaneously liquidity and earnings per share have a significant effect on audit delay for companies listed on the Jakarta Islamic Index for 2019-2021. Based on the Fcount value is greater than Ftable where 31.68031 > 4.05 and the significance value of the above test is 0.000 <0. 05 (α = 5%).

INFLUENCE OF PROFITABILITY, SOLVENCY, COMPANY SIZE, AND AUDITOR'S OPINION ON AUDIT DELAY

There are many cases of companies that are late in reporting financial statements because an audit by an independent auditor takes quite a long time before being submitted to the OJK for publication. This study aims to determine the effect of profitability, solvency, company size, and auditor's opinion on audit delay in healthcare companies listed on the IDX from 2019 to 2021. This study uses purposive sampling; the population is healthcare companies listed on the Indonesia Stock Exchange, and the sample size is 54. This research applies data analysis, namely multiple linear regression analysis with a panel data regression model. Since this research uses the combined data of time series and cross-section, the analytical technique used in the analysis process to obtain more accurate results is multiple linear regressions with panel data. The data obtained is then processed using Microsoft Excel and SPSS version 26. The results show that the variables of profitability, solvency, firm size, and auditor's opinion have no significant effect on audit delay; those variables also have no simultaneous effect on audit delay. Keywords: Profitability, Solvency, Company Size, Auditor Opinion, Audit Delay.

Analysis of the role of the independent auditor on reducing time lags in financial reporting and earnings management

ABSTRACT
 This study aims to analyze differences in the timeliness of financial reporting and earnings management in terms of auditor quality in manufacturing companies on the Indonesia Stock Exchange. based on the purposive sampling technique, a sample of 37 companies was obtained so that for 3 years of observation the data processed were 111. The hypothesis was tested using the Independent Samples Test different test. The results showed that there was no difference in the level of audit delay between companies audited by big four auditors or not. Meanwhile, the level of corporate earnings management audited by the big four or not the big four shows different results. This shows that the role of independent auditors in reducing earnings management is successful.
 
 Keywords: Auditor Quality, Audit Delay and Earnings Management

Pengaruh Profitabilitas, Ukuran Perusahaan, Dan Komite Audit Terhadap Audit Delay

This research aims to determine the effect of profitability, company size and audit committee on audit delay with the research subject being property and real estate sub-sector companies listed on the Indonesian Securities Exchange with the unit of analysis being annual financial reports for the 2020-2022 period. The research method uses descriptive and associative methods. The sample in this research was 46 companies in the property and real estate sub-sector. The sampling technique was carried out by random sampling. The analytical method used is panel data regression analysis using STATA 14 software. The research results show that partially profitability has a significant negative effect on audit delay, partially company size has an insignificant negative effect on audit delay, partially the audit committee has an insignificant positive effect on audit delay. As for the simultaneous results of profitability, company size and audit committee have a significant influence on audit delay with a coefficient of determination in the form of an overall value of 0.0821 or 8.21% and the remaining 91.79% is influenced by other variables outside this research.

Pengaruh Pelanggaran Perjanjian, Leverage, dan Financial Distress terhadap Audit Delay

The delays in submitting audit reports in Indonesia are increasing every year. This increase could be caused by several variables. In light of these problems, this study aims to determine the effect of breach of agreement, financial leverage and financial distress on audit delay. Using secondary data, the sample used comes from companies listed on the Indonesia Stock Exchange with a time period of 2017-2021. Test sample data using Eviews with regression panel. The results of this study indicate that breach of the agreement and financial hardship have an effect on delaying the review with a probability value of 0.0001 and 0.0134 and financial leverage has a negative effect on delaying the review with a probability value of 0.0137. This research is expected to present theoretical implications in the form of adding new theories related to audit delays and administrative implications for firms to be able to manage their debts to reduce the submission of lengthy audit reports.

The Effect of Audit Fee, Audit Opinion, KAP Size, Audit Tenure and Auditor Switching for Audit Delay in Companies on The Lq 45 Index Listed on Idx 2019-2021

Examining the effects of audit fee, audit opinion, KAP size, audit tenure, and auditor switching on audit delay in firms on the LQ 45 index listed on IDX 2019–2021, this research looks at these factors and others. Companies on the LQ 45 index that listed on the IDX continuously from 2019 to 2021 make up the population of this study. Purposive sampling was the sampling method used to choose the 24 firms that satisfied the requirements. This study used a multiple linear regression analysis using SPSS 25. Audit fees and audit opinion were shown to significantly impact audit time in this research. However, audit time is not significantly affected by KAP size, audit duration, or auditor turnover

The Effect of Political Connections, Leverage, Audit Committee Gender, and Company Size on Audit Delay

Audit delay is the number of days needed by the auditor to complete the audit work, measured from the end of the financial year until the issuance of the audited financial report. Timeliness means having information available to make decisions before it loses its capacity to influence decisions. This study aims to determine the effect of political connections, leverage, audit committee gender, and company size on audit delay in property and real estate sector companies listed on the Indonesia Stock Exchange (IDX) from 2017 to 2021, both simultaneously and partially. The population in this study are property and real estate sector companies listed on the Indonesia Stock Exchange (IDX) from 2017 to 2021. This study uses secondary data in the form of annual financial reports from the property and real estate sector listed on the Indonesia Stock Exchange (IDX). ) in 2017 to 2021. With a company population of 10 companies with an observation period of five years and obtained a sample data of 50 observational data. This research is quantitative. The data collection technique used purposive sampling with the logistic regression research method which was processed using SPSS software. The results of the tests that have been carried out indicate that simultaneously the variables of political connections, leverage, audit committee gender, and company size have a significant effect on audit delay. Partially, political connections, leverage, and audit committee gender have no significant effect on audit delay. Meanwhile, company size has a significant effect on audit delay.