Audit Quality Determinant: Adverse Impact of Audit Delay
Abstract
The quality of financial reporting data and investment choices are directly correlated with the quality of the audit. A number of audit quality indicators, including audit committee, audit rotation, and audit delay, are examined as independent variables in food and beverage subsector businesses that are listed on the Indonesia Stock Exchange between 2019 and 2023. Statistical tests using logistic regression on 41 research samples chosen through purposive sampling showed that (1) audit delay negatively affects audit quality, while (2) audit rotation and audit committee do not significantly affect audit quality. These findings highlight the necessity of time management in generating audit reports to maintain optimal audit quality. Overall, the study’s findings indicate that the timeliness of audit report delivery is a key component in promoting audit quality.
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DOI: https://doi.org/10.21107/jaffa.v13i1.29156
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