Economics and Business
Quarterly Reviews
ISSN 2775-9237 (Online)
Published: 25 December 2023
Audit Delay: Complexity of Company Operations as Moderation Variable
Karlina Johansyah, Firda Ayu Amalia, Novitasari Agus Saputri, Agung Prasetyo Nugroho Wicaksono
University of Muhammadiyah Malang
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10.31014/aior.1992.06.04.553
Pages: 277-291
Keywords: Audit Delay, Financial Distress, Company Size, Audit Opinion, Complexity of Company Operations
Abstract
Financial statements are the most critical information for the company. Therefore, the submission of financial statements must be timely so that the information provided remains reliable and appropriate. Data on the Indonesia Stock Exchange shows that many companies still submit their financial statements yearly late. This study aims to empirically determine the effect of financial distress, company size, and audit opinion on audit delay, as well as the complexity of company operations as moderating the effect of financial distress, company size, and audit opinion on audit delay. The research method used is the quantitative method. This research was conducted on manufacturing companies listed on the Indonesia Stock Exchange (IDX) from 2018-2022. Samples were taken by 285 companies using purposive sampling techniques. Data collection techniques are using literature study and documentation. The data analysis technique used is a panel data regression model using STATA 14.2 as a data analysis tool. The results of the analysis stated that financial distress and auditor opinion did not affect audit delay, while company size had an impact on audit delay. The complexity of the company's operations can moderate the relationship between audit opinion and audit delay. In contrast, the complexity of the company's operations cannot moderate the relationship between financial distress and company size to money delay.
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