Audit Delay Pada Sektor Food And Beverage Di Bursa Efek Indonesia Periode 2020-2022

Abstract

The timeliness of the issuance of audited financial statements is very important, especially for public listed companies that use the capital market as a source of funding. Audit delay is the time required to complete the audit process of a business entity, from the appointment of auditors to the issuance of audit reports. Audit delay is measured from the closing date of the financial  statements to the reporting date of the audited financial statements. Late inspection beyond the deadline set by Bapepam-LK will result in a delay in the issuance of financial statements. Delays in publishing financial statements may indicate problems with the issuer's financial statements, which may take longer to complete the audit. This study aims to obtain empirical evidence  on the effect of company size, profitability, solvency, auditor quality  and audit tenure on audit delay in the Food and Beverage Sector  on  the  Indonesia Stock Exchange for the 2020-2022 period. The population in the study is food and beverage sub-sector companies  listed on the Indonesia Stock Exchange for the 2020-2022 period. The sample in this study was as many as 31 companies. Sample determination in this study used purposive sampling method  and tested using logistic regression analysis technique. Results of this study prove that company size has a positive effect on audit delay, while profitability, auditor quality, audit tenure have a negative effect on audit delay, and solvency has no influence on audit delay.