The Influence of Audit Fees, The Complexity of The Company's Operations, and Audit Tenure on Audit Report Lag
Abstract
This study aims to analyze the influence of audit fees, the complexity of company’s operations, and audit tenure on audit report lag in consumer non-cyclical sector companies for the period 2018 – 2021. This type of research is quantitative research and the data used is secondary data. The samples used in this study were 33 companies with a total of 132 observational data obtained using a purposive sampling technique. The analytical method used in this study is panel data regression using the E-views 12 application. The results of this study indicate that audit fees and audit tenure have no significant effect on audit report lag, while the complexity of company operations has a significant positive effect on audit report lag.
References
Abdillah, M. R. & Mardijuwono, A. W. The Effect of Company Characteristics and Auditor Characteristics to Audit Report Lag. 4, 129–144 (2019).
Abidin, S. & Ahmad-Zaluki, N. A. Auditor Industry Specialism and Reporting Timeliness. Procedia - Soc. Behav. Sci. 65, 873–878 (2012).
Agoes, Sukrisno. Auditing Petunjuk Praktis Pemeriksaaan Akuntan oleh Akuntan Publik. Jakarta: Salemba Empat (2014).
Afify, H. A. E. Determinants of audit report lag: Does Implementing Corporate Governance Have Any Impact? Empirical Evidence from Egypt. J. Appl. Account. Res. 10, 56–86 (2009).
Azizah, N. & Kumalasari, R. Pengaruh Profitabilitas, Rasio Hutang, Ukuran Perusahaan dan Jenis Perusahaan Terhadap. Pengaruh Profitab. Rasio Hutang, Ukuran Perusah. dan Jenis Perusah. Terhadap Audit Rep. Lag 1, 130–142 (2012).
Azzuhri, H., Kamaliah & Rasuli. Pengaruh Audit Tenure, Kompleksitas Operasi Perusahaan, Kualitas dan Opini Audit Terhadap Audit Report Lag dengan Spesialisasi Industri Auditor Eksternal Sebagai Variabel Moderasi. pekbis J. 11, 124–136 (2019).
Castio, E. & Lovita, E. the Influence of Fee Audit, Financial Distress, and Profitability on Audit Delay in Manufacturing Company Sectors Mining Listed in …. … Distress, dan Profitab. … 3, 1–11 (2020).
Che-Ahmad, A. & Abidin, S. Audit Delay of Listed Companies: A Case of Malaysia. Int. Bus. Res. 1, (2009).
Dao, M. & Pham, T. Audit Tenure, Auditor Specialization and Audit Report Lag. Manag. Audit. J. 29, 490–512 (2014).
Daratika, D. Pengaruh Audit Tenure dan Ukuran Perusahaan Terhadap Audit Report Lag dengan Reputasi KAP Sebagai Variabel Moderasi (Studi Empiris Pada Perusahaan Pertambangan yang Terdaftar di BEI Periode 2013-2016). J. Online Mhs. Fak. Ekon. Bisnis 1, 1–15 (2018).
Durand, G. The Determinants of Audit Report Lag: A Meta-analysis. Managerial Auditing Journal. doi:10.1108/maj-06-2017-1572 (2018).
Dyer, J. C. & McHugh, A. J. The Timeliness of the Australian Annual Report. J. Account. Res. 13, 204–219 (1975).
Giri, E. F. Pengaruh Tenur Kantor Akuntan Publik ( Kap ) dan Reputasi Kap Terhadap Kualitas Audit : Kasus Rotasi Wajib Auditor Di Indonesia.
Givoly, D. & Palmon, D. Timeliness of Annual Earnings Announcements: Some Empirical Evidence. Account. Rev. 57, 486–508 (1982).
Ghozali, Imam. Aplikasi Analisis Multivariete dengan Program IBM SPSS 23 (Edisi 8). Cetakan ke VIII. Semarang : Badan Penerbit Universitas Diponegoro (2016).
Habib, A., Bhuiyan, M. B. U., Huang, H. J. & Miah, M. S. Determinants of Audit Report Lag: A Meta-analysis. Int. J. Audit. 23, 20–44 (2019).
Handoyo, S. & Maulana, E. D. Determinants of Audit Report Lag of Financial Statements in Banking Sector. Matrik J. Manajemen, Strateg. Bisnis dan Kewirausahaan 13, 142 (2019).
Hapsari, R. P. D. Analisis Pengaruh Ukuran Perusahaan, Kompleksitas Operasi Perusahaan, dan Ukuran Kantor Akuntan Publik (Kap) Terhadap Audit Report Lag. J. Civ. Soc. Stud. 4, 70–81 (2020).
Hardiningsih, P. Pengaruh Independensi, Corporate Governance, dan Kualitas Audit Terhadap Integritas Laporan Keuangan. Kaji. Akuntasi 2, 61–76 (2010).
Hartono, Jogiyanto. "Hubungan Teori Signalling dengan Underpricing Saham Perdana di Bursa Efek Jakarta." Jurnal Bisnis dan Manajemen. Hlm (2005): 35-50.
Hasibuan, E. N. S. & Abdurahim, A. Pengaruh Kompleksitas Operasi, Ukuran Perusahaan, dan Risiko Bisnis terhadap Audit Report Lag: Studi Empiris pada Perusahaan Perkebunan yang Terdaftar di Bursa Efek Indonesia dan Bursa Malaysia Periode 2014-2016. Reviu Akunt. dan Bisnis Indones. 1, 15–24 (2017).
HY Lee, V Mande and M Son, "Do Lengthy Auditor Tenure and The Provision Of Non‐Audit Services by The External Auditor Reduce Audit Report Lags?", International Journal of Auditing (Wiley Online Library, 2009), https://doi.org/10.1111/j.1099-1123.2008.00406.x
Institut Akuntan Publik Indonesia (IAPI). Standar Profesional Akuntan Publik. Jakarta: Salemba Empat (2016).
Jensen, Michael C. dan W.H. Meckling. Theory of The Firm: Managerial Behavior, Agency Cost and Ownership Structure. Journal of Financial Economics 3. Hal 305-360 (1976).
Kusumah, R. W. R. & Manurung, D. Pentingkah Good Corporate Governance Bagi Audit Report Lag? J. Akunt. Multiparadigma 137–148 (2017) doi:10.18202/jamal.2017.04.7047.
Lestariningrum, K. T. P. M., Suputra, I. D. G. D., Suryanawa, I. K. & Yadnyana, I. K. The Effect of Auditor Switching, Audit Fee, and Auditor’s Opinion on Audit Delay. Am. J.Humanit. Soc. Sci. Res. 4, 149–156 (2020).
Mufidah, N. & Laily, N. Audit Tenure, Auditor Industry Specialization and Audit Lag Report on the Financial Sector on the Indonesia Stock Exchange 2013-2017. J. Reviu Akunt. dan Keuang. 9, 151 (2019).
Mulyadi. Auditing. Edisi 6 Buku 1. Jakarta: Salemba Empat (2009).
Otoritas Jasa Keuangan (OJK). Peraturan Otoritas Jasa Keuangan Nomor 29/POJK.04/2016 Tentang Laporan Tahunan Emiten atau Perusahaan Publik.2
Parahyta, C. H. & Herawaty, V. Pengaruh Financial Distress, Profitabilitas, dan Audit Tenure Terhadap Audit Report Lag dengan Ukuran Perusahaan Sebagai Variabel Moderasi. KOCENIN Ser. Konf. 1, 1–9 (2020).
Pratama, R. & Ciptani, M. K. The Analysis of Company Size, Complexity of Operation, Profitability, Solvency and Audit Firm Size toward Timeliness of Financial Statement Reporting for Company listed in LQ45 Index in Indonesia Stock Exchange (2012 –2014). JAAF (Journal Appl. Account. Financ. 2, 18 (2018).
Pradipta, A. & Zalukhu, A. G. Audit Report Lag: Specialized Auditor and Corporate Governance. GATR Glob. J. Bus. Soc. Sci. Rev. 8, 41–48 (2020).
Pratiwi, A. Z. & Nurbaiti, A. Pengaruh Profitabilitas, Kompleksitas Operasi Perusahaan, dan Good Corporate Governance Terhadap Audit Report Lag (Studi pada Perusahaan Perdagangan, Jasa, dan Investasi yang Terdaftar di Bursa Efek Indonesia Tahun 2016-2019). e-Proceeding Manag. 8, 5359–5366 (2021).
Purnama Dewi, G. A. N. & Dharma Suputra, I. D. G. Pengaruh Kompleksitas Operasi, Kontinjensi, Pergantian Auditor pada Audit Report Lag dengan Spesialisasi Auditor sebagai Pemoderasi. E-Jurnal Akunt. 21, 912–941 (2017).
Sugiyono. Metode Penelitian Kuantitatif, Kualitatif, dan R&D. Bandung : Alfabeta, CV (2017).
Tyler, T.R. (1990). Why People Obey the Law. Yale University Press
Werastuti, D. N. S. Pengaruh Auditor Client Tenure, Debt Default, Reputasi Auditor, Ukuran Klien dan Kondisi Keuangan Terhadap Kualitas Audit Melalui Opini Audit Going Concern. Vokasi J. Ris. Akunt. 2, 99–116 (2013).
Widihyani, D. Pengaruh Ukuran Perusahaan, Kompleksitas Operasi Perusahaan dan Komite Audit Pada Audit Delay. E-Jurnal Akunt. 2017, 254–282 (2017).
Widyastuti, M. T. & Astika, I. B. P. Pengaruh Ukuran Perusahaan, Kompleksitas Operasi Perusahaan dan Jenis Industri terhadap Audit Delay. E-Jurnal Akunt. Univ. Udayana 18, 1082–1111 (2017).
Wiyantoro, L. S. & Usman, F. Audit Tenure and Quality to Audit Report Lag in Banking. Eur. Res. Stud. J. 21, 417–428 (2018).
