Pengaruh Penerapan IFRS, Jenis Industri dan Probabilitas Kebangkrutan terhadap Audit Delay (Pada Perusahaan LQ 45 yang Terdaftar di Bursa Efek Indonesia Periode 2013-2015)

Abstract

The delay audit is the period in completing the audit process by an independent auditor from the closing date of the book on 31 December until the date of signing of the independent auditor's report. Audit delay can occur because of obstacles in the implementation of the audit process. This study aims to obtain empirical evidence on the effect of IFRS implementation, industry type, and bankruptcy probability of audit delay. The research method used in this research is descriptive analysis method and quantitative method by using multiple regression analysis. This research uses sample data of LQ 45 index company that listed in Bursa Efek Indonesia (BEI) during period 2013-2015. Sampling method used is purposive sampling method. After selecting based on purposive sampling method, there are 14 LQ 45 index companies that meet the required sample criteria with observation period for 3 years, so that 42 observations are obtained. The results of this study indicate that the implementation of IFRS effect on audit delay, Industrial Type affect audit delay, Probability Bankruptcy does not affect audit delay. The researcher recommends for further research to use other sector companies for research, using a method of determining samples other than purvosive sampling, replacing other independent variables that may affect audit delay.

Effect of Company Size, Audit Profitability, Leverage, and Audit Opinion on Audir Delay with Audit Quality as Moderators (Empirical Study of Listed Mining Companies on the Indonesia Stock Exchange for the 2014-2018 Period)

“…Audit delay is the completion time range of the annual financial report audit, based on the length of day required to obtain the independent auditor's report on the company's annual financial report audit, as from the closing date of the company's book year, as per 31 December until the date on the independent auditor's report Wulandari and Utama [9]. The audit delay is the length or time span of the audit which is measured from the closing date of the book year to the date of the publication of Purnamasari Audit report [4]. Puspitasari and Sari [10] Audit delay is the time span of the completion of the annual financial report audit measured by the length of day required to obtain the independent auditor's report on the company's annual financial report audit, as from the closing date of the company book.…”

“…Auditing is a systematic and objective process of collecting and evaluating evidence of management statements relating to economic events to ensure the conformity of comparisons between existing statements and certain criteria and conveying the results to shareholder [13]. According to Arens et al [4] The audit opinion is a standard statement of the auditor's conclusion obtained from the audit process based on the evidence and findings evaluated during carrying out its duties. Audit standards are mandatory guidelines for auditors in the implementation of auditing measures.…”

“…According to the research of Khalatbari, et al [3] and Purnamasari [4], large companies reported faster than small companies. Thus it can be said the size of the company is a factor that affects the audit delay, Mafizatun Nurhayati [19].…”

“…Research by Pourali, et al [1], stated that large enterprise management has the urge to reduce the audit delay and delay the submission of financial statements, which are caused because these companies are closely monitored by investors, capital supervisors and governments. According to research Ashton, et al [2] and Khalatbari, et al [3] and Purnamasari [4], large companies reported faster than small companies. Thus it can be said the size of the company is a factor that affects audit delay.…”

“…Companies with higher profitability rates are suspected that the audit delay will be shorter than the company with a lower profitability level. Lianto and Kusuma [5] and Purnamasari [4] showing the results of research on profitability affect the audit delay. Solvency demonstrates the company's ability to meet all of its financial obligations when the company is liquidated.…”