The Effect of Financial Disruption, Profitability and Audit Quality on Audit Report Lag (Empirical Study on Manufacturing Companies on the IDX for the 2018 – 2022 Period)

Raul Jordan Reevhandy Lau; Apollo Daito

doi:10.61132/ijema.v2i2.567

Authors

Raul Jordan Reevhandy Lau Mercu Buana University
Apollo Daito Mercu Buana University

DOI:

https://doi.org/10.61132/ijema.v2i2.567

Keywords:

Profitability, Audit, Lag, Financial, Distress

Abstract

This study examines the phenomenon of delays in the delivery of financial reports (audit report lag) which can cause negative reactions from investors and other users of financial reports. This delay is often seen as a bad signal and can indicate stock price fluctuations. Variables studied in this study include financial distress, profitability, and audit quality and their effects on audit report lag. This study uses objects in the form of manufacturing companies listed on Indonesia Stock Exchange (IDX) in period 2018-2022. The study population includes all manufacturing companies, and the sample was selected using a purposive sampling technique, which resulted in 50 companies as samples with a total of 250 observation data. The method used in this study is quantitative analysis with a statistical approach using multiple linear regression run on the SPSS version 25 program. Tests were conducted to determine the effect of financial distress, profitability, and audit quality on audit report lag. The results showed that financial distress has a positive effect on audit report lag, while profitability and audit quality have a negative effect on audit report lag.

Downloads

Download data is not yet available.

References

Amaniyah, E. (2023). Buku referensi teori dan contoh financial distress. Eureka Media Aksara.

Annisa, M. L. (2024). Pengaruh financial distress dan profitabilitas terhadap audit report lag. Jurnal IAKP: Jurnal Inovasi Akuntansi Keuangan & Perpajakan, 5(2), 168–179. https://doi.org/10.23960/jak.v24i1.116

BEI. (2019). PENG-00006_BEI-PP2_SPT_SUGI_07-2019.pdf. Bursa Efek Indonesia.

Cariolaro, G. (2020). Unified signal theory. Springer.

Febriyandi, A., & Septiana Amalia, H. (2022). Analisis financial distress menggunakan model Altman Z-Score pada perusahaan manufaktur yang tercatat di Bursa Efek Indonesia periode 2018-2020. Juma, 23(1), 14411–14464. http://journal.stiei-kayutangi-bjm.ac.id/

Ghozali, I. (2020). 25 teori besar (grand theory) ilmu manajemen, akuntansi, dan bisnis. Yoga Pratama.

Hery. (2019). Manajemen kinerja. PT. Grasindo.

Himawan, F. A. (2020). Analisis pengaruh financial distress, leverage, profitabilitas, dan likuiditas terhadap audit report lag pada perusahaan manufaktur sektor industri barang konsumsi yang terdaftar di Bursa Efek Indonesia tahun 2014-2018. Jurnal Manajemen Bisnis, 23(1), 1–22.

Kasmir. (2019). Analisis laporan keuangan (Cetakan-12). PT. Raja Grafindo Persada.

Kesimli, I. (2019). External auditing and quality. Springer.

Koerniawan, I. (2021). Auditing konsep dan teori pemeriksaan akuntansi. Yayasan Prima Agus Teknik.

Mauladiputro, R., & Daito, A. (2024). The influence of financial distress, profitability, and firm size on audit delay (An empirical study on companies in the properties and real estate sub-sector listed on the Indonesia Stock Exchange for the period of 2017-2021). Journal of Accounting and Finance Management (JAFM), 4(6), 440–447.

Musfiroh, L. (2021). Auditing. IAIN Jember Press.

Pramudita, I., & Utami, E. S. (2023). Pengaruh reputasi KAP dan kompleksitas audit terhadap audit delay. Value: Jurnal Manajemen dan Akuntansi, 18(3), 833–843.

Prihadi, T. (2019). Analisis laporan keuangan: Konsep dan aplikasi. Gramedia Pustaka Utama.

Puspita, I. L., & Sabrina, R. P. (2024). Factors affecting audit report lag in property and real estate companies on the IDX 2017-2021. ECo-Buss, 6(3), 1590–1601. https://doi.org/10.32877/eb.v6i3.1239

Sanjaya, A. (2021). Pengaruh profitabilitas, leverage, investment opportunity set, dan kualitas audit terhadap audit report lag pada perusahaan sub sektor makanan dan minuman di Bursa Efek Indonesia. Jurnal FinAcc, 6(5), 709–720.

Saputra, M. I., & Agustin, H. (2021). Pengaruh ukuran perusahaan, good corporate governance (GCG), dan kualitas audit terhadap audit delay. Jurnal Eksplorasi Akuntansi, 3(2), 364–383. https://doi.org/10.24036/jea.v3i2.366

Senduk, R. S., Morasa, J., & Tangkuman, S. J. (2023). Pengaruh profitabilitas, ukuran perusahaan, dan umur perusahaan terhadap audit report lag pada perusahaan yang terdaftar di Bursa Efek Indonesia tahun 2019-2021. Jurnal EMBA: Jurnal Riset Ekonomi, Manajemen, Bisnis dan Akuntansi, 11(3), 220–230. https://doi.org/10.35794/emba.v11i3.49153

Spence, M. (1973). Job market signaling. The Quarterly Journal of Economics, 87(3), 355–374. https://doi.org/10.1055/s-2004-820924

Sugiyono. (2019). Metode penelitian kuantitatif, kualitatif R&D. Alfabeta.

Sukrisno, A. (2019). Auditing. Lembaga Penerbit Fakultas Ekonomi Universitas Indonesia.

Sunarsih, N. M., Munidewi, I. A. B., & Masdiari, N. K. M. (2021). Pengaruh ukuran perusahaan, profitabilitas, solvabilitas, kualitas audit, opini audit, komite audit terhadap audit report lag. KRISNA: Kumpulan Riset Akuntansi, 13(1), 1–13. https://doi.org/10.22225/kr.13.1.2021.1-13

Sundararajan, D. (2022). Signals and systems: A practical approach. Springer.

Valentine, G., & Effendi, M. A. (2021). Pengaruh kualitas auditor, opini auditor dan profitabilitas terhadap audit report lag. E-Jurnal Akuntansi TSM, 1(4), 563–578.