Research Article
Audit Report Lag in the Food and Beverage Sector Listed on the Indonesia Stock Exchange: The Role of Firm Size and Public Accounting Firm Reputation, Moderated by Profitability
@INPROCEEDINGS{10.4108/eai.13-9-2023.2341179, author={Natasya Yesvitha Putrianti and Sri Yuni and Christina Fransiska}, title={Audit Report Lag in the Food and Beverage Sector Listed on the Indonesia Stock Exchange: The Role of Firm Size and Public Accounting Firm Reputation, Moderated by Profitability}, proceedings={Proceedings of the 6th International Conference of Economics, Business, and Entrepreneurship, ICEBE 2023, 13-14 September 2023, Bandar Lampung, Indonesia}, publisher={EAI}, proceedings_a={ICEBE}, year={2023}, month={12}, keywords={public accountant office company size audit report lag profitability}, doi={10.4108/eai.13-9-2023.2341179} }- Natasya Yesvitha Putrianti
Sri Yuni
Christina Fransiska
Year: 2023
Audit Report Lag in the Food and Beverage Sector Listed on the Indonesia Stock Exchange: The Role of Firm Size and Public Accounting Firm Reputation, Moderated by Profitability
ICEBE
EAI
DOI: 10.4108/eai.13-9-2023.2341179
Abstract
Organizations that wish to remain listed on the Indonesia Stock Exchange are obligated to provide audited financial statements. Annual reports must be submitted to the Financial Services Authority by all issuers and publicly traded companies within four months following the conclusion of the fiscal year. There is a possibility that the reputation of a public accounting firm could impact the frequency of delays in the issuance of audit reports. In addition, the magnitude of the organization exerts a significant influence. There is a prevalent notion among certain individuals that significant corporations possess the necessary resources and capabilities to fulfill the designated deadline for the submission of their financial reports. The thirty businesses that were operational in the food and beverage industry between 2019 and 2021 constituted the study's demographic. An assortment of 26 enterprises was acquired through the implementation of a purposive sampling method, which was executed over a span of three years. In relation to the postponement observed in the distribution of audit reports, the findings suggest that the magnitude of the organization does not exhibit a statistically significant correlation with the way in which the PAF (Public Accountability Factor) is perceived. Firm size and profitability did not mitigate the effect of the PAF's reputation on the time required to issue audit reports, according to the study's findings