Audit Delay: Case Studies at Conventional Banking in Indonesia

Abstract

The purpose of this study is to determine the effect of company size and profitability on audit delay with the reputation of the public accounting firm as a moderator. The study was conducted at conventional commercial banks in Indonesia during the 2014-2016 period. The total sample was 34 companies with 102 observations. The sample technique used was purposive sampling the analysis in this study used partial least square with WrapPLS. The results showed that company size and profitability has a significant effect on audit delay. The reputation of public accounting firms did not moderate the company size and profitability on audit delay.

Influencing Factors of Audit Report Lag: Evidence from Indonesia

“…The regulation is written in OJK regulation number 29/POJK.04/2016. The result of this research is in line with Wijayanti et al (2019), Saleh, et al (2019, Chasanah & Sagoro (2017), Harjanto (2017), and Modugu et al (2012, which states that the profitability does not influence ARL.…”

“…Therefore, the theories and hypotheses that were formed earlier were not accepted since the firms have contracted an independent competent auditor to audit the firm's financial reports (Fadrul and Sherly, 2019). This result was supported by the results of research conducted by Wijayanti et al (2019), Fadrul & Astuti (2019, Tannuka (2018), Yendrawati & Mahendra (2018), and Ayemere and Afensimi, (2015) which states that firms size does not affect ARL.…”

“…The firm's size can also give signals to external parties as a form of evaluating a firm's performance because when a firm's performance increases, managers will be motivated to announce this good information to the public. Wijayanti et al (2019), Adinata (2019), Saleh, et al (2019), Ariani & Bawono (2018), Chasanah & Sagoro (2017), Susianto (2017), Hassan, (2016, Modugu et al, (2012), Al-Ghanem and Mohamed, (2011), and Khasharmeh and Khaled, (2010) supports this hypothesis. Based on the description and findings of the research, the hypothesis taken is H1: Firms size influences ARL.…”

“…In a study conducted by Wijayanti et al (2019), it was found that the profitability variable influenced ARL. The results of the study are inline as those of Abbas, et al (2019), Adinata (2019), Saleh, et al (2019), Tannuka (2018), Yendrawati & Mahendra, (2018), Ayemere and Marjan, (2015), Vuko, (2014), Apadore, ( 2013), Alkhatib and Qais, (2012), Khasharmeh and Khaled, (2010).…”

Determinan Keterlambatan Pelaporan Audit Pada Perusahaan Yang Melakukan IPO (Initial Public Offerings)

“…Determinan Profitabilitas pada temuan riset ini bertolak belakang dengan hasil penelitian terdahulu yang membuktikan atas pengaruh profitabilitas atas panjang atau pendeknya audit delay (Prameswari & Yustrianthe, 2015;Palilingan, 2017;Ocak & Özden, 2018;Wijayanti, Machmuddah, & Utomo, 2019;Laia, Tranb, Hoang, & Nguyen, 2020) sementara sejalan dengan hasil penelitian terdahulu yang tidak memberikan bukti faktor profitabilitas dalam mempengaruhi audit delay (Ebang, Fallah, & Pangayow, 2019). Determinan Opini Audit pada temuan riset ini bertolak belakang dengan hasil penelitian terdahulu yang membuktikan atas pengaruh profitabilitas panjang atau pendeknya audit delay (Prameswari & Yustrianthe, 2015;Palilingan, 2017;Ocak & Özden, 2018;Wijayanti, Machmuddah, & Utomo, 2019;Laia, Tranb, Hoang, & Nguyen, 2020) sementara sejalan dengan hasil penelitian terdahulu yang tidak memberikan bukti faktor profitabilitas dalam mempengaruhi audit delay (Ebang, Fallah, & Pangayow, 2019).…”