Pengaruh Atribut Perusahaan dan Faktor Audit Terhadap Keterlambatan Audit pada Perusahaan yang Terdaftar di Bursa Efek Malaysia

Authors

  • Apriayanti Apriayanti Fakultas Ekonomi, Universitas Internasional Batam Jl. Gajah Mada Baloi Sei Ladi, Batam 29442
  • Setyarini Santosa Fakultas Ekonomi, Universitas Internasional Batam Jl. Gajah Mada Baloi Sei Ladi, Batam 29442

:

https://doi.org/10.9744/jak.16.2.74-87

Keywords:

Audit delay, company attributes, audit factors.

Abstract

Audit delay is interval of days between balance sheet date and audit report date. The purpose of this research is to analyze the effect of company attributes and audit factors to audit delay. This research uses 611 companies listed in Malaysian Stock Exchange from the period of 2006 until 2011 as sample. The independent variables used are size of the company, debt to equity ratio, profitability, subsidiaries of multinational companies, audit firm size, audit fees, industry type,  age of company, company financial year end, and audit opinion. The method of analysis in this research is multiple linear regressions. The results of this study shows that size of the company, debt to equity ratio, profitability, subsidiaries of multinational companies, audit firm size, audit fees, industry type, age of company, and audit opinion have significant influence on audit delay while financial year end does not have significant influence on audit delay.

References

Afify, H. A. E. (2009). Determinants of Audit Report Lag: Does Implementing Corporate Governance Have Any Impact? Empirical Evidence from Eqypt. Journal of Applied Accounting Research, 10(1), 56-86.

Ahmad, A. C. & Abidin, S. (2008). Audit Delay of Listed Companies: A case of Malaysia, International Business Research, 1(4).

Aktas, R. & Kargin, M. (2011). Timeliness of Reporting and the Quality of Financial Information. International Research Journal of Finance and Economics, 63, 1450-2887.

Al-Ajmi, J. (2008). Audit and Reporting Delays: Evidence from an Emerging Market, Advances in Accounting, Incorporating Advances in International Accounting, 24, 217-226.

Al-Ghanem, W. & Hegazy, M. (2011). An Empirical Analysis of Audit Delay and Timeliness of Corporate Financial Reporting in Kuwait. Eurasian Business Review, 1, 73-90.

Ashton, R. H., Willingham, J. J., & Elliott, R. K. (1987). An Empirical Analysis of Audit Delay. Journal of Accounting Research, 25(2).

Ashton, R. H., Graul, P. R., & Newton, J. D. 1989. Audit Delay and the Timeliness of Corporate Reporting. Contemporary Accounting Research, 5(2), 657-673.

Aubert. F. (2009). Determinants of Corporate Financial Reporting Lag: The French Empirical Evidence. Journal of Accounting and Taxation, 1(3), 035-060.

Belkaoui, A. R. (2004). Accounting Theory. Pat Bond Publisher. Cengange Learning EMEA. Singapore.

Carslaw, C. A. P. N. & Kaplan, S. E. (1991). An Examination of Audit Delay: Further Evidence from New Zealand. Accounting and Business Research, 22(85), 21-32.

Dogan, M., Coskun, E., & Celik, O. (2007). Is Timing of Financial Reporting Related to Firm Performance? An Examination on ISE Listed Companies. International Research Journal of finance and Economics, 12, 1450-2887.

Faghemi, T. O. & Uadiale, O. M. (2011). An Appraisal of the Determinants of Timeliness of Audit Report in Nigeria: Evidence from Selected Quoted Companies. New Orleans International Academic Conference.

Gitman, L. J. & Joehnk, G. H. (2008). Fundamentals of investing USA: Pearson-Addison Wesley.

Ghozali, I. (2001). Aplikasi analisis multivariate dengan program SPSS. Semarang: Badan Penerbitan Universitas Diponegoro.

Hashim, U. J. B. & Rahman, R. B. A. (2011). Audit Report lag and the effectiveness of audit committee. International Bulletin of Business Administration. ISSN: 1451-243X. Issue 10.

Hope, O. K. & Langli, J. C. (2008). Auditor independence in a private firm setting. Norwegian School of Economic and Business Administration.

Ikatan Akuntan Indonesia. (1998). Pernyataan standar akuntansi keuangan. No. 1.

Ika, S. R. & Ghazali, N. A. M. (2012). Audit committee effectiveness and timeliness of reporting: Indonesia evidence. Managerial Auditing Journal, 27(4), 403-424.

Iskandar, M. J. & Trisnawati, E. (2010). Faktor-faktor yang mempengaruhi audit report lag pada perusahaan yang terdaftar di Bursa Efek Indonesia. Jurnal Bisnis dan Akuntansi, 12(3), 175-186.

Iyoha, F. O. (2012). Company attributes and the timeliness of financial reporting in Nigeria. Business Intelligence Journal, 5(1).

Ishak, I., Sidek, A. S. M., & Rashid, A. A. (2010). The effect of company ownership on the timeliness of financial reporting: Empirical evidence from Malaysia. Unitar E-Journal, 6(2).

Jaggi, B. & Tsui, J. (1999). Determinants of audit report lag: Further evidence from Hong Kong. Accounting and Business Research, 30(1), 17-28.

Joshi, A. (2005). Timeliness in corporate reporting of Indian Public Financial Institutions (IPFIs). Udyog Pragati, 29(2).

Kadir, A. (2011). Faktor-faktor yang berpengaruh terhadap ketepatan waktu pelaporan keuangan: Studi empiris pada perusahaan manufaktur di Bursa Efek Jakarta. Jurnal Manajemen dan Akuntansi, 12(1).

Karim. W. & Ahmed. J. U. (2005). Does regulatory change improve financial reporting timeliness? Evidence from Bangladeshi listed companies. Working Paper Series, 30.

Kartika, A. (2009). Faktor-faktor yang mempengaruhi audit delay di Indonesia: Studi empiris pada perusahaan-perusahaan LQ 45 yang terdaftar di Bursa Efek Jakarta. Jurnal Bisnis dan Ekonomi (JBE), 16(1), 1-17.

Lianto, N. & Kusuma, B. H. (2010). Faktor-faktor yang mempengaruhi terhadap audit report lag. Jurnal Bisnis dan Akuntansi, 12(2), 97-106.

Lee, H. Y. & Jahng, G. J. (2008). Determinants of Audit Report Lag: Evidence from Korea- An Examination of Auditor-Related Factors. The Journal of Applied Busines Research, 24(2).

McGee, R. W. & Yuan, X. (2012). Corporate Governance and the Timeliness of Financial Reporting: A Comparative Study of the People’s Republic China, the USA and the European Union. Journal of Asia Business Studies, 6(1).

Meiden, W. C. (2007). Variabel Total Lag Laporan Keuangan Perusahaan Manufaktur di BEJ”, Akuntabilitas, 7(1).

Modugu, P. K., Eragbhe, E., & Ikhatua, O. J. (2012). Determinants of Audit Delay in Nigeria Companies: Empirical Evidence. Research Journal of Finance and Accounting, 3(6).

Ng, P. P. H. & Tai, B. Y. K. (1994). An Empirical Examination of the Determinants of Audit Delay in Hong Kong. British Accounting Review, 26, 43-59.

Nor, M. N. M., Shafie, R., & Hussin, W. N. W. (2010). Corporate and Audit Report Lag in Malaysia. Asian Academy of Management Journal of Accounting and Finance, 6(2), 57–84.

Oladipupo, A. O. (2011). Impact of Corporate International Linkage on the Incidence of Audit Delay in Nigeria. Journal of Research in National Development, 9(1), 1596-8303.

Owusu-Ansah, S. (2000). Timeliness of Corporate Financial Reporting in Emerging Capital Market: Empirical Evidence from the Zimbabwe Stock Exchange. Forthcoming in Accounting & Business Reseach, 30(3).

Rachmawati, S. (2008). Pengaruh Faktor Internal dan Eksternal Perusahaan terhadap Audit Delay dan Timeliness. Jurnal Akuntansi dan Keuangan, 10(1).

Santoso, S. (2000). Buku latihan SPSS statistik parametric. Jakarta: PT. Elex Media Komputindo.

Shukeri, S. N. & Nelson, S. P. (2011). Timeliness of Annual Report: Some Empirical Evidence from Malaysia. Research Paper.

Sudrajat. (2009). Fakor-faktor yang Mempengaruhi Waktu Penyelesaian Pelaporan Keuangan: Studi Kasus pada Perusahaan Manufaktur yang Tercatat di Bursa Efek Indonesia. Jurnal Ekonomi, Keuangan, Perbankan, dan Akuntansi, 1(2).

Shulthoni, M. (2012). Determinan Audit Delay dan Pengaruh terhadap Reaksi Investor: Studi Empiris pada Perusahaan yang Listing di BEI tahun 2007-2008. Jurnal Akuntansi dan Ekonomis Bisnis, 1(1).

Turel, A. (2010). Timeliness of Financial Reporting in Emerging Capital Markets: Evidence from Turkey. Journal of the School of Business Administration, 39(2), 227-240.

Utami, W. (2006). Analisis Determinan Audit Delay Kajian Empiris di Bursa Efek Jakarta. Bulletin Penelitian, (9).

Wang, J. & Song, L. (2006). Timeliness of Annual Reports of Chinese Listed Companies. Journal of Chinese Economic and Business Studies, 4(3), 241-257.

Yaacob, N. M. & Ahmad, A. C. (2011). IFRS adoption and audit timeliness: Evidence from Malaysia. The Journal of American Academy of Business, Cambridge, 17(1).

Downloads

Published

2015-07-27

How to Cite

Apriayanti, A., & Santosa, S. (2015). Pengaruh Atribut Perusahaan dan Faktor Audit Terhadap Keterlambatan Audit pada Perusahaan yang Terdaftar di Bursa Efek Malaysia. Jurnal Akuntansi Dan Keuangan, 16(2), 74-87. https://doi.org/10.9744/jak.16.2.74-87

Issue

Vol. 16 No. 2 (2014): NOVEMBER 2014

Section

Articles

License

Authors who publish with this journal agree to the following terms:

  1. Authors retain the copyright and publishing right, and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
  2. Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
  3. Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) followingthe publication of the article, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).<a href="http://creativecommons.org/lice