The Effect of Financial Distress, Audit Committee, Auditor Switching, and Industry Types on Audit Delay in the Covid-19 Pandemic of Companies Listed on the Indonesian Stock Exchange’s KOMPAS100 Index
Abstract
Audit delay is a phenomenon that remains to occur every year. This study aims to determine the influence of financial distress, audit committee, auditor switching, and industry types upon audit delay the Indonesian Stock Exchange’s KOMPAS100 Index. This study used a quantitative approach. The sample was selected and obtained by the simple random sampling method from 72 companies successively listed in the Indonesian Stock Exchange’s KOMPAS100 index during 2020. The analytical was multiple linear regression. The data analysis was descriptive and multiple linear regression methods. The results indicate that audit committee and auditor switching does not affect audit delay. Financial distress and industry types have a significant positive effect on audit delay.
Full Text:
PDFReferences
Clarisa, S., & Pangerapan, S. (2019). The effect of firm size, solvency, profitability, and KAP Size on Audit Delay in Mining sector companies listed on the Indonesia Stock Exchange. Jurnal EMBA, 7(3), 3069-3078. doi:10.35794/emba.v7i3.24060
Fadrul., & Ridawati. (2020). Analysis of method used to predict financial distress potential in pulp and paper companies of Indonesia. International Journal of Economics Development Research, 1(1), 57-69. doi:10.37385/ijedr.v1i1.29
Fitriyah, S., Makaryanawati., & Fauzan, S. (2020). The effect of corporate governance and financial health on the value of companies registered in Indonesia Stock Exchange. International Journal of Accounting Finance in Asia Pacific 3(2), 77-90. doi:10.32535/ijafap.v3i2.837
Hakim, L., & Sagiyanti, P. (2018). The effect of company size, type of industry, audit committee, and KAP Size on audit delay. Jurnal JDM, 1(2), 58-73. doi:10.22441/jdm.v1i2.4125
Himawan, F. A., & Venda. (2020). Analysis of the effect of financial distress, leverage, profitability, and liquidity on audit report lag in manufacturing companies in the consumer goods industry sector listed on the Indonesia Stock Exchange 2014-2018. Jurnal Manajemen Bisnis, 23(1), 1-19.
Hery. (2017). Accounting research study reviewing various recent research results in the field of accounting and finance. Jakarta: PT Grasindo.
Hery. (2019). Auditing fundamentals of accounting examination. Jakarta: PT Grasindo.
Hoesada, D. J. (2020). Agency theory. Retrieved March 22, 2021 from http://www.ksap.org/sap/wp-content/uploads/2020/09/MAJALAH-MAYA-KSAP-1-OKTOBER-2020.pdf.
Karang, N. D., Yadnyana, I. K., & Ramantha, I. W. (2015). Influence of internal and external factors on audit delay. E-Jurnal Ekonomi dan Bisnis Universitas Udayana, 4(7), 473-488.
Ma'ruf. (2020). 10 auditing standards auditors must understand. Retrieved from https://www.akuntansilengkap.com/akuntansi/pengertian-standar-auditing-10-point-penjelasan/
Normalita, V., Ts, K. H., & Suhendro. (2020). Factors affecting audit delay (Empirical study of manufacturing companies in the basic and chemical industry sector listed on the IDX). Jurnal EMBA, 8(1), 538-544. doi:10.35794/emba.v8i1.27857
Noval, M. (2019). Fundamentals of accounting examination (Introduction to auditing). Serang: Laksita Indonesia.
Oktaviani, N. S., & Ariyanto, D. (2019). The effect of financial distress, company size, and corporate governance on audit delay. E-Jurnal Akuntansi Universitas Udayana, 27(3), 2154-2182. doi:10.24843/EJA.2019.v27.i03.p19
Perangin-angin, D. S. (2019). The influence of solvency, auditor change, and auditor opinion on audit delay. Proceedings of Seminar Nasional Teknologi Komputer & Sains (SAINTEKS), 92-95. Retrieved from https://prosiding.seminar-id.com/index.php/sainteks/article/view/130
Pinatik, S. (2021). The effect of auditor's emotional intelligence, competence, and independence on audit quality. International Journal of Applied Business and International Management 6(2), 55-67. doi:10.32535/ijabim.v6i2.1147
Pratiwi, I. A., & RM, K. M. (2019). The effect of financial distress, company size, and audit delay on auditor change. E-Journal Akuntansi Universitas Udayana, 26(2), 1048-1074. doi:10.24843/EJA.2019.v26.i02.p08
Purnami, N. K., Kurniawan, P. S., & Wahyuni, M. A. (2019). The effect of industry type, operating profit and loss, board of commissioners, and audit committee on the trend of audit delay (Empirical Study on LQ-45 Companies Indonesia Stock Exchange 2015-2017). JIMAT (Jurnal Ilmiah Mahasiswa Akuntansi) Universitas Pendidikan Ganesha, 10(1), 49-60. doi:10.23887/jimat.v10i1.20532
Santoso, M. R. (2021). Account receivable flow test to prove real sales case: A study case of a tax court decision in Indonesia. International Journal of Accounting Finance in Asia Pacific 4(2), 12-22. doi:10.32535/ijafap.v4i2.1027
Syafdinal., Laksono, M. A., Rachmawati, E., Iriyanti, D., & Majid, A. K. (2020). The influence of restructuring, financial distress, and reputation of public accountants on auditor switching and the implications for timeliness of audit completion moderated by the impact of the Covid-19 pandemic (A survey on BUMN Strategic Industrial Sector Cluster in West Java). PalArch's Journal of Archaeology of Egypt/Egyptology, 17(10), 3833-3850.
Utami, N. W. (2018). Get to know signaling theory in capital structure and its relationship with financial ratios. Retrieved from https://www.jurnal.id/id/blog/2018-mengenal-teori-signaling-dalam-struktur-modal/
Verawati, N. M., & Wirakusuma, M. G. (2016). The effect of auditor change, KAP reputation, audit opinion, and audit committee on audit delay. E-Jurnal Akuntansi Universitas Udayana, 17(2), 1083-1111.
DOI: https://doi.org/10.32535/ijafap.v5i1.1406
Refbacks
- There are currently no refbacks.
Copyright (c) 2022 Kezia Cicilia Sumajow, Lintje Kalangi, Priscillia Weku
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
Published by:
AIBPM Publisher
Editorial Office:
JL. Kahuripan No. 9 Hotel Sahid Montana, Malang, Indonesia
Phone: +62 341 366222
Email: adm.ijafap@gmail.com
Website: http://ejournal.aibpmjournals.com/index.php/IJAFAP
Supported by: Association of International Business & Professional Management
If you are interested to get the journal subscription you can contact us at adm.ijafap@gmail.com or if you have any enquiry, contact us via WhatsApp.
ISSN 2684-9763 (Print)
ISSN 2655-6502 (Online)
DOI: Prefix 10.32535 by CrossREF
International Journal of Accounting & Finance in Asia Pasific (IJAFAP) INDEXED:
In Process
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.