##plugins.themes.academic_pro.article.sidebar##
Submitted
Aug 14, 2024
Published
Dec 20, 2024
Download
Statistic
Read Counter : 71
Download : 40
Downloads
Download data is not yet available.
Main Article Content
Abstract
This research aims to determine the empirical evidence of the effect of audit fees and audit tenure and leverage ongoing concerns of audit opinion. This research uses secondary data in the form of annual financial reports of retail trade companies for 2020-2022. The population used in this research is retail trade companies listed on the Indonesia Stock Exchange (IDX) for 2020-2022. The samples in this research were selected using a purposive sampling method. The number of companies sampled in the study is 23 retail trade companies over 3 years, and the total research samples are 69. The data was analyzed using logistic regression and processed using SPSS version 25. This research suggests that audit tenure harms going concern audit opinion as the length of the agreement between the auditor and the client can affect the going concern audit opinion. Audit fees and leverage do not affect going-concern audit opinions because other factors may affect them.
Article Details
This work is licensed under a Creative Commons Attribution 4.0 International License.
How to Cite
Depari, C. V., & Wulandari, P. P. (2024). The Effect of Audit Fees, Audit Tenure, and Leverage Ongoing Concerns Audit Opinion. Basic and Applied Accounting Research Journal, 4(2), 142-154. https://doi.org/10.11594/baarj.04.02.02
References
agustini, T., & Siregar, D. L. (2020). The Effect of Audit Fees, Audit Tenure and Audit Rotation on Audit Quality on the Indonesia Stock Exchange. EMBA Journal, 8(1), 637-646.
Amami, I., & Triani, N. N. A. (2021). The Effect of Audit Delay, Audit Fees, Leverage, Litigation, Company Size and Age on Going Concern Audit Opinions. Unesa Accounting Journal, 10(1).
Anas, D. E. A. F., T, S., & Rahman, A. F.
(2018). The Effect of Audit Rotation and Leverage on Audit Quality with Company Size as a Moderating Variable. Scientific Journal of Civilization Accounting, IV (1), 1-23.
Ariska, E. Y., Maslichah, & Afifudin. (2019). The Effect of Audit Tenure, Opinion Shopping, Leverage and Company Growth on the Acceptance of Going Concern Audit Opinions in Manufacturing Companies Listed on the Indonesia Stock Exchange 2015-2017. E- JRA, 08 (06).
Chaniago, H. (2021). Retail Management & Implementation (Y. Efawati, Ed.; 1st ed.). Digital Research Education PT.
Dewi, Y. S. (2020). The Effect of Auditor Quality and Audit Tenure on Going Concern Audit Opinions and Their Implications for Firm Value. Tirtayasa Journal of Accounting Research, 05 (02).
Erieska, L. A. (2018). The Effect of KAP Size and Audit Fees on Audit Quality with Audit Rotation as an Intervening Variable. MAKSI UNTAN, 4 (1).
Farhan, M., & Vinola, H. (2023). The Effect of Audit Tenure, Auditor Rotation and Audit Fee on Going Concern Audit Opinions with Client Importance as a Moderating Variable. Trisakti Economic Journal, 3(1), 1659-1668.
https://doi.org/10.25105/jet.v3i1.16186
Freeman, R. E., & McVea, J. (1984). A Stakeholder Approach to Strategic Management. SSRN Electronic Journal, 01-02.
https://doi.org/10.2139/ssrn.263511
Ginting, S., & Tarihoran, A. (2017). Factors Affecting Going Concern Statements. Jurnal Wira Ekonomi Mikroskil, 7(01).
Giri, E. F., Kristianti, I. P., & Kusumanegara, R.
A. (2022). Going Concern Audit Opinion on Transportation Sector Companies Before and During the Covid-19 Pandemic. E-Journal of Accounting, 32(3), 629-643.
https://doi.org/10.24843/EJA.2022.v
Hermanto, S. A., & Minarso, B. (2021). The Effect of Company Financial Condition, Opinion Shopping, Previous Year's Audit Opinion, and Leverage on Going Concern Audit Opinion. Proceeding SENDIU.
IAPI. (2011, October). IAPI SA Section 341. https://alengwee.files.wordpress.com/201 1/10/sa-seksi-341.pdf
IAPI. (2019, July). Code of Ethics for Public Accountants 2019. Indonesian Public Accountants Association.
Jensen, M. C., & Meckling, W. H. (1976). Theory Of The Firm: Managerial Behavior, Agency Costs And Ownership Structure. Journal of Financial Economics, 3, 305-360.
Ministry of Trade of the Republic of Indonesia. (2023, August). Press Release Indonesia Modern Retail Day 2023. Ministry of Trade of the Republic of Indonesia. https://www.kemendag.go.id/berita/siaran
-pers/hari-ritel-modern-indonesia
Liliani, P. (2021). The Effect of Financial Distress, Debt Default, and Audit Tenure on the Acceptance of Going Concern Audit Opinions in Manufacturing Companies Listed on the Indonesia Stock Exchange (BEI) 2015-2017. Journal of Bina Akuntansi, Vol 8 (2), 187-211.
Novari, P. M., & Lestari, P. V. (2016). The Effect of Company Size, Leverage, and Profitability on Firm Value in the Property and Real Estate Sector. E- Journal of Management Unud, 5 (9).
Novrilia, H., Arza, F. I., & Sari, V. F. (2019). The Effect of Audit Fees, Audit Tenure, and KAP Reputation on Audit Quality. Journal of Accounting Exploration, 1(1), 256-276.
http://jea.ppj.unp.ac.id/index.php/jea/issue
/view/2
Oktaviani, & Challen, A. E. (2020). The Effect of Auditor Quality, Audit Tenure and Debt Default on Going Concern Audit Opinion Acceptance. Journal of Accounting and Finance, 8 (2), 83-90. https://doi.org/10.29103/jak.v8i2.2727
Government Regulation of the Republic of Indonesia Number 20 of 2015 concerning
Public Accountant Practices, 1 (2015).
Praptitorini, M. D., & Januarti, I. (2011). Analysis of the Effect of Audit Quality, Debt Default and Opinion Shopping on Going Concern Opinion Acceptance. Indonesian Journal of Accounting and Finance, 8(1), 78-93.
Priadana, S., & Sunarsi, D. (2021). Quantitative Research Methods. Pascal Books.
Qolillah, S., Halim, A., & Wulandari, R. (2016). Analysis of What Affects Going Concern Audit Opinions in Manufacturing Companies Listed on the Indonesia Stock Exchange. Journal of Accounting Student Research, 4 (1). http://ejournal.ukanjuruhan.ac.id
Rahmadia, V. W., & T, S. (2019). The Effect of Leverage Ratio, Cash Flow Ratio, Audit Opinion, Audit Lag, and Financial Distress on Going Concern Audit
Opinions. Scientific Journal of FEB Students, 7 (2).
Rizaldi, R., & Majidah. (2020). The Effect of Company Size, Leverage, and Profitability on the Acceptance of Going Concern Audit Opinions (Empirical Study of Transportation Sub-Sector Companies Listed on the IDX in 2014-2018). E- Proceeding of Management, 7(1), 1023.
Ross, S. A. (1977). The Determination of Financial Structure: The Incentive- Signaling Approach. The Bell Journal of Economics, 8(1), 23-40.
Rudyawan, A. P., & Badera, I. D. N. (2009). Going Concern Audit Opinion: A Study Based on Bankruptcy Prediction Model, Company Growth, Leverage, and Auditor Reputation. Scientific Journal of Accounting and Business, 4(2).
Saputra, I. (2019). Determination of Financial and Non-Financial Factors on Modified Going Concern Audit Opinion Decisions (Prediction of Bankruptcy of Companies Listed on the Indonesia Stock Exchange). ACCOUNTING STUDIES, 20(01), 15-35.
Sekaran, U., & Bougie, R. (2019). Research Methods for Business (D. A. Halim & A. N. Hanifah, Eds.; 6th ed., Vols. 1-2). Fourth Edition.
Setiyowati, S. W., Naser, J. A., & Astuti, R. (2020). Leverage and growth opportunity affect firm value through profitability. Journal of Modernization Economics, 16(1), 31-40.
https://doi.org/10.21067/jem.v16i1.4637
Simanjuntak, C. T., Hutasoit, S. R. S., Simamora, E., & Hayati, K. (2020). The Effect of Financial Ratios and Non- Financial Factors on Receiving Going Concern Audit Opinions. E-Journal of Economics and Business, Udayana University, 9(8), 729-760.
Spence, M. (1973). Job Market Signaling. The Quarterly Journal of Economics, 87(3), 355-374.
Stephen, R. (2022). Analysis of the Effect of Audit Fee, Audit Tenure, and Auditor Rotation on Going Concern Audit
Opinions in Consumer Goods Industry Sector Companies on the Indonesia Stock Exchange. FinAcc Journal, 6.
Suantini, K. D., Sunarsih, N. M., & Pramesti,
I. G. A. A. (2021a). The Effect of Audit Quality, Previous Year's Audit Opinion, Leverage, and Company Growth on Going Concern Audit Opinions in All Companies Listed on the Indonesia Stock Exchange. KARMA Journal (Accounting Student Research Works), 1(4).
Suma, N. A., & Muid, D. (2019). The Effect of Formal Competence, Audit Fee, Audit Firm Size and Financial Distress on Going Concern Opinions. Diponegoro Journal Of Accounting, 8(4), 1-12. http://ejournals1.undip.ac.id/index.php/ac counting
Surya, A. B., Merawati, L. K., & Munidewi, I.
A. B. (2021). The Effect of Profitability, Liquidity, Leverage, and Good Corporate Governance (GCG) on Going Concern Audit Opinions of Manufacturing Companies Listed on the Indonesia Stock Exchange 2015-2018. KARMA JOURNAL
(Accounting Student Research Work), 1(4).
The Institute of Internal Auditors. (2024). Code of Ethics. IIA. https://www.theiia.org/en/standards/what- are-the-standards/mandatory- guidance/code-of-ethics/
Wardani, O., & Mulyani, S. D. (2019). Auditor Turnover and Fees, Foreign Ownership and Going Concern Audit Opinions with Auditor Specialization Moderation. Accounting Perspectives, 2(3), 289-310.
Widhiastuti, N. L. P., & Kumalasari, P. D. (2022). Going Concern Audit Opinion and its Factors. In Journal of Accounting and Financial Studies (Vol. 5, Issue 1).
Wijaya, E., & Riswan. (2022). The Effect of Audit Tenure, Kap Reputation and Audit Opinion on Going Concern Audit Opinions. Sibatik Journal: Scientific Journal of Social, Economic, Cultural, Technology, and Education, 1(9). https://doi.org/10.54443/sibatik.v1i9.218
Yuliyani, N. M. A., & Erawati, N. M. A. (2017). The Effect of Financial Distress, Profitability, Leverage, and Liquidity on Going Concern Audit Opinions. E- Journal of Accounting, Udayana University, 19(2).
Amami, I., & Triani, N. N. A. (2021). The Effect of Audit Delay, Audit Fees, Leverage, Litigation, Company Size and Age on Going Concern Audit Opinions. Unesa Accounting Journal, 10(1).
Anas, D. E. A. F., T, S., & Rahman, A. F.
(2018). The Effect of Audit Rotation and Leverage on Audit Quality with Company Size as a Moderating Variable. Scientific Journal of Civilization Accounting, IV (1), 1-23.
Ariska, E. Y., Maslichah, & Afifudin. (2019). The Effect of Audit Tenure, Opinion Shopping, Leverage and Company Growth on the Acceptance of Going Concern Audit Opinions in Manufacturing Companies Listed on the Indonesia Stock Exchange 2015-2017. E- JRA, 08 (06).
Chaniago, H. (2021). Retail Management & Implementation (Y. Efawati, Ed.; 1st ed.). Digital Research Education PT.
Dewi, Y. S. (2020). The Effect of Auditor Quality and Audit Tenure on Going Concern Audit Opinions and Their Implications for Firm Value. Tirtayasa Journal of Accounting Research, 05 (02).
Erieska, L. A. (2018). The Effect of KAP Size and Audit Fees on Audit Quality with Audit Rotation as an Intervening Variable. MAKSI UNTAN, 4 (1).
Farhan, M., & Vinola, H. (2023). The Effect of Audit Tenure, Auditor Rotation and Audit Fee on Going Concern Audit Opinions with Client Importance as a Moderating Variable. Trisakti Economic Journal, 3(1), 1659-1668.
https://doi.org/10.25105/jet.v3i1.16186
Freeman, R. E., & McVea, J. (1984). A Stakeholder Approach to Strategic Management. SSRN Electronic Journal, 01-02.
https://doi.org/10.2139/ssrn.263511
Ginting, S., & Tarihoran, A. (2017). Factors Affecting Going Concern Statements. Jurnal Wira Ekonomi Mikroskil, 7(01).
Giri, E. F., Kristianti, I. P., & Kusumanegara, R.
A. (2022). Going Concern Audit Opinion on Transportation Sector Companies Before and During the Covid-19 Pandemic. E-Journal of Accounting, 32(3), 629-643.
https://doi.org/10.24843/EJA.2022.v
Hermanto, S. A., & Minarso, B. (2021). The Effect of Company Financial Condition, Opinion Shopping, Previous Year's Audit Opinion, and Leverage on Going Concern Audit Opinion. Proceeding SENDIU.
IAPI. (2011, October). IAPI SA Section 341. https://alengwee.files.wordpress.com/201 1/10/sa-seksi-341.pdf
IAPI. (2019, July). Code of Ethics for Public Accountants 2019. Indonesian Public Accountants Association.
Jensen, M. C., & Meckling, W. H. (1976). Theory Of The Firm: Managerial Behavior, Agency Costs And Ownership Structure. Journal of Financial Economics, 3, 305-360.
Ministry of Trade of the Republic of Indonesia. (2023, August). Press Release Indonesia Modern Retail Day 2023. Ministry of Trade of the Republic of Indonesia. https://www.kemendag.go.id/berita/siaran
-pers/hari-ritel-modern-indonesia
Liliani, P. (2021). The Effect of Financial Distress, Debt Default, and Audit Tenure on the Acceptance of Going Concern Audit Opinions in Manufacturing Companies Listed on the Indonesia Stock Exchange (BEI) 2015-2017. Journal of Bina Akuntansi, Vol 8 (2), 187-211.
Novari, P. M., & Lestari, P. V. (2016). The Effect of Company Size, Leverage, and Profitability on Firm Value in the Property and Real Estate Sector. E- Journal of Management Unud, 5 (9).
Novrilia, H., Arza, F. I., & Sari, V. F. (2019). The Effect of Audit Fees, Audit Tenure, and KAP Reputation on Audit Quality. Journal of Accounting Exploration, 1(1), 256-276.
http://jea.ppj.unp.ac.id/index.php/jea/issue
/view/2
Oktaviani, & Challen, A. E. (2020). The Effect of Auditor Quality, Audit Tenure and Debt Default on Going Concern Audit Opinion Acceptance. Journal of Accounting and Finance, 8 (2), 83-90. https://doi.org/10.29103/jak.v8i2.2727
Government Regulation of the Republic of Indonesia Number 20 of 2015 concerning
Public Accountant Practices, 1 (2015).
Praptitorini, M. D., & Januarti, I. (2011). Analysis of the Effect of Audit Quality, Debt Default and Opinion Shopping on Going Concern Opinion Acceptance. Indonesian Journal of Accounting and Finance, 8(1), 78-93.
Priadana, S., & Sunarsi, D. (2021). Quantitative Research Methods. Pascal Books.
Qolillah, S., Halim, A., & Wulandari, R. (2016). Analysis of What Affects Going Concern Audit Opinions in Manufacturing Companies Listed on the Indonesia Stock Exchange. Journal of Accounting Student Research, 4 (1). http://ejournal.ukanjuruhan.ac.id
Rahmadia, V. W., & T, S. (2019). The Effect of Leverage Ratio, Cash Flow Ratio, Audit Opinion, Audit Lag, and Financial Distress on Going Concern Audit
Opinions. Scientific Journal of FEB Students, 7 (2).
Rizaldi, R., & Majidah. (2020). The Effect of Company Size, Leverage, and Profitability on the Acceptance of Going Concern Audit Opinions (Empirical Study of Transportation Sub-Sector Companies Listed on the IDX in 2014-2018). E- Proceeding of Management, 7(1), 1023.
Ross, S. A. (1977). The Determination of Financial Structure: The Incentive- Signaling Approach. The Bell Journal of Economics, 8(1), 23-40.
Rudyawan, A. P., & Badera, I. D. N. (2009). Going Concern Audit Opinion: A Study Based on Bankruptcy Prediction Model, Company Growth, Leverage, and Auditor Reputation. Scientific Journal of Accounting and Business, 4(2).
Saputra, I. (2019). Determination of Financial and Non-Financial Factors on Modified Going Concern Audit Opinion Decisions (Prediction of Bankruptcy of Companies Listed on the Indonesia Stock Exchange). ACCOUNTING STUDIES, 20(01), 15-35.
Sekaran, U., & Bougie, R. (2019). Research Methods for Business (D. A. Halim & A. N. Hanifah, Eds.; 6th ed., Vols. 1-2). Fourth Edition.
Setiyowati, S. W., Naser, J. A., & Astuti, R. (2020). Leverage and growth opportunity affect firm value through profitability. Journal of Modernization Economics, 16(1), 31-40.
https://doi.org/10.21067/jem.v16i1.4637
Simanjuntak, C. T., Hutasoit, S. R. S., Simamora, E., & Hayati, K. (2020). The Effect of Financial Ratios and Non- Financial Factors on Receiving Going Concern Audit Opinions. E-Journal of Economics and Business, Udayana University, 9(8), 729-760.
Spence, M. (1973). Job Market Signaling. The Quarterly Journal of Economics, 87(3), 355-374.
Stephen, R. (2022). Analysis of the Effect of Audit Fee, Audit Tenure, and Auditor Rotation on Going Concern Audit
Opinions in Consumer Goods Industry Sector Companies on the Indonesia Stock Exchange. FinAcc Journal, 6.
Suantini, K. D., Sunarsih, N. M., & Pramesti,
I. G. A. A. (2021a). The Effect of Audit Quality, Previous Year's Audit Opinion, Leverage, and Company Growth on Going Concern Audit Opinions in All Companies Listed on the Indonesia Stock Exchange. KARMA Journal (Accounting Student Research Works), 1(4).
Suma, N. A., & Muid, D. (2019). The Effect of Formal Competence, Audit Fee, Audit Firm Size and Financial Distress on Going Concern Opinions. Diponegoro Journal Of Accounting, 8(4), 1-12. http://ejournals1.undip.ac.id/index.php/ac counting
Surya, A. B., Merawati, L. K., & Munidewi, I.
A. B. (2021). The Effect of Profitability, Liquidity, Leverage, and Good Corporate Governance (GCG) on Going Concern Audit Opinions of Manufacturing Companies Listed on the Indonesia Stock Exchange 2015-2018. KARMA JOURNAL
(Accounting Student Research Work), 1(4).
The Institute of Internal Auditors. (2024). Code of Ethics. IIA. https://www.theiia.org/en/standards/what- are-the-standards/mandatory- guidance/code-of-ethics/
Wardani, O., & Mulyani, S. D. (2019). Auditor Turnover and Fees, Foreign Ownership and Going Concern Audit Opinions with Auditor Specialization Moderation. Accounting Perspectives, 2(3), 289-310.
Widhiastuti, N. L. P., & Kumalasari, P. D. (2022). Going Concern Audit Opinion and its Factors. In Journal of Accounting and Financial Studies (Vol. 5, Issue 1).
Wijaya, E., & Riswan. (2022). The Effect of Audit Tenure, Kap Reputation and Audit Opinion on Going Concern Audit Opinions. Sibatik Journal: Scientific Journal of Social, Economic, Cultural, Technology, and Education, 1(9). https://doi.org/10.54443/sibatik.v1i9.218
Yuliyani, N. M. A., & Erawati, N. M. A. (2017). The Effect of Financial Distress, Profitability, Leverage, and Liquidity on Going Concern Audit Opinions. E- Journal of Accounting, Udayana University, 19(2).