Faktor – Faktor Yang Berpengaruh Terhadap Ketepatan Waktu Penyampaian Laporan Keuangan

Abstract

Timeliness of the submission of financial statements is the most important thing because the information contained in it is needed by the parties, especially investors. Timeliness of the submission of financial statements is necessary so as not to lose its relevance. Loss of relevance can make information less useful for decision making. However, in reality there are still public companies that are late in submitting their financial reports, one of which is the property and real estate sector. The purpose of this study was to analyze the effect of profitability, leverage, firm size and audit committee meeting frequencies on the timeliness of submitting financial statements. Financial Services Authority (OJK) Regulation No. 29 /POJK.04/2016 Article 7 states that the submission of the annual financial report to OJK is no later than the end of the fourth month (120 days) after the date of the annual financial report, and if it exceeds 120 days, it will be subject to sanctions, fines by PT Bursa Efe Indonesia. The object of research used is the property and real estate sector companies listed on the Indonesia Stock Exchange in 2018-2020. The results of the research using Wald's test show that the independent variables are profitability, solvency size of the company, and the number of audit committee meetings with a value of sig. one tail each of 0.095, 0.028, 0.021, 0.311 so that the first and fourth hypotheses are rejected. While the second and third variables show test results of 0.028 and 0.021 so that the second and third hypotheses are accepted. The conclusion of this study shows that solvency has a negative effect and firm size has a positive effect on the timeliness of submitting financial statements. Meanwhile, profitability and audit committee meetings have no effect on the timeliness of submitting financial reports.

Analyzing the Factors that Influence Financial Reporting Timeliness of Manufacturing Listed Companies in the Indonesia Stock Exchange

“…It means that in the regression model, hypothesis 1c is rejected. The results of this study do not supported by Hilmi (2008) and Respati (2004); the results they obtained were that public ownership has a significant effect on the timeliness of financial reporting. This difference occurs because of differences in samples and years of research.…”

“…It implies that Hypothesis 1a is accepted, thereby proving that profitability as measured by ROA significantly affects the timeliness of financial reporting. The results of this hypothesis are supported by the research results of Hilmi (2008), Respati (2004) and Owusu-Ansah (2000), which state that profitability affects the timeliness of financial reporting. It also follows the theory's logic that high profitability is a good signal and can be good news.…”

“…Research conducted by Respati (2004), Hernita (2020) and Hilmi (2008) reported that profitability and ownership structure have a significant effect on the accuracy of financial reporting. Mahendra & Putra (2014) state that profitability, ownership structure and company age do not impact the timeliness of financial reporting.…”

Pengaruh Ukuran Perusahaan, Profitabilitas, Dan Solvabilitas Terhadap Audit Report Lag Dengan Reputasi Kap Sebagai Variabel Moderasi

“…Namun demikian, inkonsistensi hasil penelitian terdahulu dengan variabel yang sama mendorong peneliti untuk melakukan pengujian kembali mengenai faktor-fakor yang mempengaruhi audit report lag, seperti ukuran perusahaan, profitabilitas, dan solvabilitas perusahaan. Sebagai pembeda dengan peneliti sebelumnya, peneliti menambah satu variabel moderating yaitu reputasi KAP dengan tujuan untuk mengetahui apakah reputasi KAP memoderasi pengaruh faktor-faktor independen lainnya terhadap audit report lag (Kodama et al, 2020) Keterlambatan publikasi laporan keuangan bisa menandakan adanya masalah dalam laporan keuangan emiten, terjadinya asimetri informasi dan juga manfaat dari laporan keuangan semakin berkurang, adanya perusahaan manufaktur yang kurang kooperatif, sehingga proses audit menjadi lama, terdapat masalah terhadap perusahaan manufaktur sehingga berpengaruh terhadap ketepatan audit report lag, dampak yang ditimbulkan dari perusahaan manufaktur yang tidak mampu menyerahkan hasil laporan keuangan auditan sehingga mengakibatkan suspesi dan pemberian denda oleh Otoritas Jasa Keuangan, pemenuhan standar audit oleh auditor bukan hanya berdampak terhadap peningkatan kualitas audit, namun juga diduga berdampak pada lamanya penyelesaian audit, dan lamanya proses pengauditan sering menyebabkan keterlambatan publikasi laporan keuangan auditan (Andini, 2016).…”

Literatur Review: Pengaruh Opini Auditor, Komite Audit, Serta Dewan Komisaris Independen Dalam Mempengaruhi Audit Report Lag

“…Sebuah laporan keuangan dapat dianggap relevan dilihat dari bagaimana laporan tersebut disampaikan pada waktu yang tepat. Hal tersebut disebabkan karena laporan keuangan yang memiliki peran sebagai informasi yang mana hal tersebut akan terasa manfaat serta keakuratannya jika pemberian informasi tersebut tepat waktu kepada pembuat keputusan sebelum pengaruh informasi tersebut pada pengambilan keputusan akan hilang (Pinto, 2016).…”