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Nov 19, 2024
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Dec 20, 2024
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Abstract
This study aims to analyze the effect of debt default, profitability, and financial distress on going concern audit opinion. The objectt of this research includes the manufacturing company listed on the Indonesia Stock Exchange in 2019 -2022. Independent variables in this research are debt default, profitability. The dependent variabel in this research is going concern audit opinion. This study utilizes samples of 248 secondary data of audited financial reports obtained from 62 manufacturing companies in 2019 – 2022 according to predetermined criteria, selected through purposive sampling. The debt default and profitability are measured by the Current Ratio and Return on Assets ratio, respectively, and financial distress is represented by the Altman Z-score model. The results of the logistic regression analysis exhibit that debt default and financial distress have a significant effect on going concern audit opinion while profitability has no effect on going concern audit opinion.
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This work is licensed under a Creative Commons Attribution 4.0 International License.
How to Cite
Rohmawati, S. A., & Djamhuri, A. (2024). The Effect of Debt Default, Profitability, and Financial Distress on Going Concern Audit Opinion Acceptance. Basic and Applied Accounting Research Journal, 4(2), 180-192. https://doi.org/10.11594/baarj.04.02.05
References
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Siyoto, S., & Sodik, A. (2015). Dasar Metodologi Penelitian (1st ed.). Literasi Media Publishing.
Suharsono, R. S. (2018). Pengaruh Kualitas Audit, Debt Default Dan Pertumbuhan PerusahaanTerhadap Penerimaan Opini Audit Going Concern. ASSETS: Jurnal Ilmiah Ilmu Akuntansi, Keuangan Dan Pajak, 2(1).
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Tihar, A., Sari, I. P., & Handoko, B. L. (2021). Effect of Debt Default, Disclosure, and Financial Distress on the Receiving of Going Concern Audit Opinions. The Winners, 22(2). https://doi.org/10.21512/tw.v22i2.7072
Wicaksono, A. T., & Purwanto, A. (2021). Pengaruh Audit Tenure, Rotasi Kap, Ukuran Kap, Dan Spesialisasi Industri Auditor Terhadap Kualitas Audit. Diponegoro Journal of Accounting, 10(2).
Wulandari, S., & Zulhaimi, H. (2017). Pengaruh Profitabilitas terhadap Corporate Social Responsibility Pada Perusahaan Manufaktur dan Jasa yang Terdaftar di Bursa Efek Indonesia. Jurnal Riset Akuntansi Dan Keuangan, 5(1), 1477–1488. https://doi.org/10.17509/jrak.v5i2.8515
Dharmayatri, N. W. S., & Wiratmaja, I. D. N. (2021). Return On Assets, Leverage, Company Size dan Tax Avoidance. E-Jurnal Akuntansi, 31(9), 2301.
https://doi.org/10.24843/eja.2021.v31.i09.p12
Januarti, I., & Fitrianasari, E. (2019). Analisis Rasio Keuangan dan Rasio Non Keuangan Yang Memperngaruhi Auditor Dalam Memberikan Opini Audit Going Concern Pada Auditee. Jurnal Maksi, 8(1), 43–58.
Kesumojati, S. C., Widystuti, T., & Darmansyah. (2017). Pengaruh Kualitas Audit, Financial Distress, Debt Default Terhadap Penerimaan Opini Audit Going Concern. Jurnal Ilmiah Akuntansi Fakultas Ekonomi, 3(1), 62–76.
KHADDAFI, M. (2015). Effect of Debt Default, Audit Quality and Acceptance of Audit Opinion Going Concern in Manufacturing Company in Indonesia Stock Exchange. International Journal of Academic Research in Accounting, Finance and Management Sciences, 5(1). https://doi.org/10.6007/ijarafms/v5-i1/1461
Kusumawardhani, I. (2018). Pengaruh Kondisi Keuangan, Financial Distres, Profitabilitas Dan Ukuran Perusahaan Terhadap Opini Audit Going Concern. Buletin Ekonomi, 16(1).
Liliani, P. (2021). Pengaruh Financial Distress, Debt Default, dan Audit Tenure Terhadap Penerimaan Opini Audit Going Concern Pada Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia (BEI) Tahun 2015-2017. Jurnal Bina Akuntansi, 8(2), 187–211.
Lisa, O. (2012). Asimetri Informasi Dan Manajemen Laba: Suatu Tinjauan Dalam Hubungan Keagenan. Jurnal WIGA, 2(1).
Manuhara Putra, W., & Purnamawati, R. (2021). The Effect of Audit Tenure, Audit Delay, Company Growth, Profitability, Leverage, and Financial Difficulties on Acceptance of Going Concern Audit Opinions. Atlantis Press B.V., 201.
Nuryadi, Astuti, T. D., Utami, E. S., & Budiantara. (2017). Dasar-Dasar Statistik Penelitian. Sibuku Media. www.sibuku.com
Pranaditya, A., Andini, R., & Andika, A. D. (2021). Profitability Mediated Earning Management and Determined Tax Load Moderated (Case Study on Registered Manufacturing Company on the Indonesia Stock Exchange 2016-2019 Period). Business and Accounting Research (IJEBAR) Peer Reviewed-International Journal, 5. https://jurnal.stie-aas.ac.id/index.php/IJEBAR
Pratama, B. C., Innayah, M. N., & Darmawan, A. (2021). Pendampingan UMKM Dan Pedagang Kaki Lima (PKL) Terdampak Pandemi Covid-19 Di Area Kampus Universitas Muhammadiyah Purwokerto Dalam Menjalankan Contactless Business. Budimas : Jurnal Pengabdian Masyarakat, 3(1). https://doi.org/10.29040/budimas.v3i1.1872
Pratiwi, R. H., & Trisakti, U. (2019). The Effects of Audit Lag, Opinion Shopping, Leverage, And Profitability to The Going Concern Audit Opinion. Jurnal Akuntansi dan Auditing (Vol. 16, Issue Tahun).
Purba, S. F., & Nazir, N. (2019). Pengaruh Pertumbuhan Perusahaan, Rasio Keuangan, Dan Kualitas Auditor Terhadap Opini Audit Going Concern. Jurnal Akuntansi Trisakti, 5(2), 199–214. https://doi.org/10.25105/jat.v5i2.5238
Purwanza, W. S., Wardhana, A., Mufidah, A., & Renggo, R. Y. (2022). Metodologi Penelitian Kuantitatif, Kualitatif, dan Kombinasi. Media Sains Indonesia.
Rafinda, A. (2019). Kemampuan Prediksi Faktor Situasional dan Faktor Individual pada Perilaku Kecurangan Pelaporan. Simposium Nasional Akuntansi, 4(1).
Rakatenda, G. N., & Putra, W. (2016). Opini Audit Going Concern Dan Faktor-Faktor Yang Memengaruhinya. E-Jurnal Akuntansi Universitas Udayana, 16(2), 1347–1375.
Ritonga, F., Febi, D., & Putri, S. (2019). Debt Default Dan Financial Distress Sebagai Determinan Penerimaan Opini Audit Going Concern. Jurnal Sains Manajemen & Akuntansi, 11(1).
Rukminingsih, Adnan, G., & Latief, M. A. (2020). Metode Penelitian Pendidikan. Erhaka Utama. www.erhakautama.com
Saputra dan Ketut Tanti Kustina, E. (2018). Analisis Pengaruh Financial Distress, Debt Default, Kualitas Auditor, Auditor Client Tenure, Opinion Shopping Dan Disclosure, Terhadap Penerimaan Opini Audit Going Concern Pada Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia. Jurnal KRISNA: Kumpulan Riset Akuntansi, 10(1), 1–10. https://doi.org/10.22225/kr.10.1.712.51-62
Setiawan, S., R., Carolina, Y., & Hidayat, K. (2021). The Effect of Financial Distress, Company Size, and Audit Quality on the Going Concern Opinion. KINERJA, 25(2), 205–216. https://doi.org/10.24002/kinerja.v25i2.4795
Siyoto, S., & Sodik, A. (2015). Dasar Metodologi Penelitian (1st ed.). Literasi Media Publishing.
Suharsono, R. S. (2018). Pengaruh Kualitas Audit, Debt Default Dan Pertumbuhan PerusahaanTerhadap Penerimaan Opini Audit Going Concern. ASSETS: Jurnal Ilmiah Ilmu Akuntansi, Keuangan Dan Pajak, 2(1).
http://ejournal.stiewidyagamalumajang.ac.id/index.php/asset
Tihar, A., Sari, I. P., & Handoko, B. L. (2021). Effect of Debt Default, Disclosure, and Financial Distress on the Receiving of Going Concern Audit Opinions. The Winners, 22(2). https://doi.org/10.21512/tw.v22i2.7072
Wicaksono, A. T., & Purwanto, A. (2021). Pengaruh Audit Tenure, Rotasi Kap, Ukuran Kap, Dan Spesialisasi Industri Auditor Terhadap Kualitas Audit. Diponegoro Journal of Accounting, 10(2).
Wulandari, S., & Zulhaimi, H. (2017). Pengaruh Profitabilitas terhadap Corporate Social Responsibility Pada Perusahaan Manufaktur dan Jasa yang Terdaftar di Bursa Efek Indonesia. Jurnal Riset Akuntansi Dan Keuangan, 5(1), 1477–1488. https://doi.org/10.17509/jrak.v5i2.8515