AUDIT DELAY POLEMICS THAT IMPACT COMPANIES IN INDONESIA

Abstract

Purpose: This study aims to determine and analyze the factors that affect audit delay in a company in Indonesia listed on the IDX. Researchers want to see companies that use external audit services and the audit reports submitted have exceeded the limits agreed upon between the company and the appointed auditor. Methods: The researcher uses the audit delay variable as the dependent variable and the independent variables in the form of company size, KAP reputation, profitability, and quality of financial reports as factors that can affect audit delay, Analysis data: This study uses a sample of the consumer goods sector manufacturing industry in the 2017-2020 period, which is listed on the IDX and uses a purposive sampling method. The companies used in this study meet the required criteria of 24 companies. Result and discussions: Not all of the factors that can occur by researchers to affect audit delay do not affect audit delay within a predetermined period. Firm size has a positive effect on audit delay. KAP's reputation and quality of financial statements proved to have a negative impact on audit delay. Only the profitability variable proved not to affect audit delay. Conclusion: . From the hypotheses made, it is concluded that only one hypothesis is not supported; for further research, it may be possible to replace the use of profitability measurement using other measurement components,