What Drives Audit Quality in Food and Beverage Companies?

Maulia Putri Ramadani, Dhyah Setyorini

Abstract


This study aims to examine the effects of audit tenure, audit fees, and audit committees on audit quality in food and beverage companies listed on the Indonesia Stock Exchange (IDX) from 2019 to 2023. This quantitative study uses secondary data in the form of audited financial statements of food and beverage companies from 2019 to 2023, with a sample of 33 companies selected through purposive sampling and analyzed using logistic regression. This study contributes to providing empirical evidence regarding the factors that influence audit quality, particularly audit tenure, audit fees, and audit committees, in the relevant sector. The results indicate that audit tenure, audit fees, and audit committees each have no significant effect on audit quality in food and beverage companies listed on the IDX from 2019 to 2023. These findings contribute theoretically by enriching the literature on the determinants of audit quality, highlighting the inconsistencies in previous research results, and practically provide implications for management and regulators in evaluating the effectiveness of audit policies and oversight mechanisms.


Keywords


Audit, Audit Fee, Audit Tenure, Audit Committee, Audit Quality

Full Text:

PDF

References


Agustini, T. (2020). Pengaruh Fee Audit, Audit Tenure dan Rotasi Audit Terhadap Kualitas Audit di Bursa Efek Indonesia. Doctoral Dissertation. Prodi Akuntansi Universitas Kristen Satya Wacana.

Alareeni, B., & Hamdan, A. (2020). ESG Impact on Performance of US S&P 500-Listed Firms. Corporate Governance: The International Journal of Business in Society, 20(7), 1409–1428.

Alhababsah, S. (2021). Ownership Structure and Audit Quality: Evidence from Emerging Markets. International Journal of Accounting & Information Management, 29(2), 261–278.

Alodat, A., Salleh, Z., & Hashim, H. A. (2021). Audit Committee Effectiveness and Financial Reporting Quality. Journal of Financial Reporting and Accounting, 19(2), 378–395.

Amaliyah, F., Herwiyanti, E. (2017). Pengaruh Kepemilikan Institusional, Dewan Komisaris Independen, Komite Audit dan Kualitas Audit Terhadap Nilai Perusahaan. Jurnal Akuntansi, 9(3),187-200.

Appiah, K. O., Awunyo-Vitor, D., & Mireku, K. (2023). Corporate Governance and Earnings Management: The Moderating Role of Audit Quality. Cogent Business & Management, 10(1), 1–17.

Atmojo, R. T., & Sukirman, S. (2019). Effect of Tenure, Audit Specialization, and KAP’s Reputation on the Quality of Audit Mediated by Audit Committees. Accounting Analysis Journal, 8(1), 66-73.

Baatwah, S. R., Salleh, Z., & Ahmad, N. (2020). Audit Committee Characteristics and Audit Report Timeliness. Accounting Research Journal, 33(2), 211–230.

Berikang, A., Kalangi, L., & Wokas, H. (2018). Pengaruh Ukuran Perusahaan Klien dan Rotasi Audit Terhadap Kualitas Audit pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia Tahun 2012-2015. Going Concern: Jurnal Riset Akuntansi, 13(03), 1-9.

Buchori, A., & Budiantoro, H. (2019). Pengaruh Ukuran Perusahaan Klien, Audit Tenure, dan Spesialisasi Auditor Terhadap Kualitas Audit. Jurnal Pajak, Akuntansi, Sistem Informasi, dan Auditing (PAKSI), 1(1), 22-39.

Chen, L., Li, M., Li, Q., Wang, C. J., & Xie, S. Q. (2013). DKK1 Promotes Hepatocellular Carcinoma Cell Migration and Invasion Through Β-Catenin/Mmp7 Signaling Pathway. Molecular Cancer, 12(1), 157.

Dang, C., Li, Z. F., & Yang, C. (2018). Measuring Firm Size in Empirical Corporate Finance. Journal of Banking & Finance, 86, 159-176.

DeAngelo, L. E. (1981). Auditor Size and Audit Quality. Journal of Accounting and Economics, 3(3), 183-199.

Effendi, E., & Ulhaq, R. D. (2021). Pengaruh Audit Tenure, Reputasi Auditor, Ukuran Perusahaan dan Komite Audit Terhadap Kualitas Audit. Jurnal Ilmiah Manajemen, Ekonomi, & Akuntansi (MEA), 5(2), 1475-1504.

Erieska, L. A. (2019). Pengaruh Size KAP dan Audit Fee Terhadap Kualitas Audit dengan Rotasi Audit sebagai Variabel Intervening (Studi Empiris pada Perusahaan Manufaktur yang Tercatat di Bursa Efek Indonesia 2014-2017). Jurnal Mahasiswa Magister Akuntansi, 4(1), 1-15.

Fajrina, A. S. I., & Rohkhayatim, J. P. (2021). Pengaruh Audit Tenure, Ukuran Perusahaan, dan Ukuran Kantor Akuntan Publik Terhadap Kualitas Audit Perusahaan Yang Terdaftar Di Indeks Lq45 Bursa Efek Indonesia. Eqien-Jurnal Ekonomi dan Bisnis, 8(2), 78-85.

Gizta, A. D., & Zulaika, N. (2023). Pengaruh Audit Tenure Terhadap Kualitas Audit. Juremi: Jurnal Riset Ekonomi, 3(3), 319-326.

Hartono, J. (2015). Teori Portofolio dan Analisis Investasi. Edisi 5. Rajawali Pers.

Hasanah, A. N., & Putri, M. S. (2018). Pengaruh Ukuran Perusahaan, Audit Tenure Terhadap Kualitas Audit. JAK (Jurnal Akuntansi) Kajian Ilmiah Akuntansi, 5(1), 11-21.

Indriyani, M., & Meini, Z. (2021). Pengaruh Ukuran Kap, Audit Fee, dan Ukuran Perusahaan Terhadap Kualitas Audit (Studi Empiris pada Perusahaan Manufaktur Sektor Industri Barang Konsumsi Terdaftar di Bursa Efek Indonesia Periode 2015– 2019). Jurnal Akuntansi dan Keuangan, 10(2), 107-124.

Institut Akuntan Publik Indonesia. (2011). Standar Profesional Akuntan Publik (SPAP). Jakarta: IAPI.

Jensen & Meckling. (1976). Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure, 3 J. FIN. ECON. 305

Kwarteng, A., Aveh, F., & Awunyo-Vitor, D. (2021). Corporate Governance Mechanisms and Firm Performance. Journal of African Business, 22(1), 1–20.

Lailatul, U., & Yanthi, M. D. (2021). Pengaruh Fee Audit, Komite Audit, Rotasi Audit Terhadap Kualitas Audit. Jurnal Akuntansi AKUNESA, 10(1), 35-45.

Muliawan, E. K., & Sujana, I. K. (2017). Pengaruh Ukuran Kantor Akuntan Publik, Auditor Switching dan Audit Tenure pada Kualitas Audit. E-Jurnal Akuntansi, 21(1), 534-561.

Nadia, N. F. (2015). Pengaruh Tenur KAP, Reputasi KAP dan Rotasi KAP terhadap Kualitas Audit. Jurnal Akuntansi Bisnis, 13(26), 113-130.

Nawaz, M., Nawaz, M. M., & Ahmad, N. (2021). The Role of Audit Quality in Mitigating Earnings Management. Journal of Risk and Financial Management, 14(11), 1–15.

Novrilia, H., Arza, F. I., & Sari, V. F. (2019). Pengaruh Audit Fee, Audit Tenure, dan Reputasi Kap Terhadap Kualitas Audit. Jurnal Eksplorasi Akuntansi, 1(1), 256-276.

Nurintiati, A. A., & Purwanto, A. (2017). Pengaruh Tenure Kap, Ukuran Kap, Spesialisasi Auditor dan Audit Fee Terhadap Kualitas Audit Dengan Moderasi Komite Audit. Diponegoro Journal of Accounting, 6(1), 100-112.

Orazalin, N. (2020). Board gender diversity, corporate governance, and earnings management. Gender in Management, 35(1), 37–60.

Otoritas Jasa Keuangan. (2014). Peraturan Otoritas Jasa Keuangan Nomor 55/POJK.04/2014 tentang Pembentukan dan Pedoman Pelaksanaan Kerja Komite Audit. Otoritas Jasa Keuangan.

Panjaitan, C. M., & Chariri, A. (2014). Pengaruh Tenure, Ukuran KAP dan Spesialisasi Auditor terhadap Kualitas Audit. Diponegoro Journal of Accounting, 3(3), 221-232.

Paputungan, R. D., & Kaluge, D. (2018). Pengaruh Masa Perikatan Audit, Rotasi Audit dan Ukuran Kantor Akuntan Publik Terhadap Kualitas Audit. Jurnal Reviu Akuntansi Dan Keuangan, 8(1), 93-103.

Pramaswaradana, I. G. N. I., & Astika, I. B. P. (2017). Pengaruh Audit Tenure, Audit Fee, Rotasi Auditor, Spesialsiasi Auditor, dan Umur Publikasi Pada Kualitas Audit. E- Jurnal Akuntansi, 19(1), 168-194.

Rinanda, N., & Nurbaiti, A. (2018). Pengaruh Audit Tenure, Audit fee, Ukuran Kantor Akuntan Publik dan Spesialisasi Auditor Terhadap Kualitas Audit (Studi pada Perusahaan Manufaktur Subsektor Aneka Industri yang Terdaftar di Bursa Efek Indonesia Tahun Periode 2012-2016). Eproceedings of Management, 5(2).

Rizaldi, S., Rahayu, S., & Tiswiyanti, W. (2022). Pengaruh Audit Tenure, Reputasi Auditor, Komite Audit dan Audit Fee Terhadap Kualitas Audit (Studi Empiris pada Perusahaan yang Terdaftar Di Indeks Kompas 100 pada Bei Tahun 2012-2016). Jurnal Paradigma Ekonomika, 17(1), 199-212.

Salehi, M., Lari Dashtbayaz, M., & Khorashadizadeh, S. (2020). Corporate Governance and Financial Reporting Quality. Journal of Asian Business and Economic Studies, 27(2), 99–117.

Sari, N., & Triyani, Y. (2018). Pengaruh Audit Tenure, Debt Default, Kualitas Audit dan Opini Audit Terhadap Opini Audit Going Concern pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia. Jurnal Akuntansi, 7(1).

Sianturi, F. Z. B., & Siagian, V. (2022). Pengaruh Rotasi Auditor dan Kualitas Auditor Terhadap Audit Delay. Ekombis: Jurnal Fakultas Ekonomi, 8(2), 164-174.

Sultana, N., Singh, H., & Van der Zahn, M. (2022). Audit Committee Effectiveness and Financial Reporting Quality. Journal of Contemporary Accounting & Economics, 18(1), 1–15.

Wulandari, E. (2021). Opini Audit, Ukuran Perusahaan dan Kualitas Audit Dampaknya Terhadap Audit Delay Audit Opinion, Company Size and Audit Quality Impact on Audit Delay. Jurnal Riset Akuntansi dan Auditing, 8(1), 18-26.

Yanti, L. D., & Wijaya, M. D. W. D. (2020). Influence of Auditor Switching, Audit Fee, Tenure Audit and Company Size to Audit Quality. ECo-Fin, 2(1), 9-15.




DOI: https://doi.org/10.21107/jaffa.v14i1.31823

Refbacks

  • There are currently no refbacks.


Our Journal indexed by:



Our support tools using:

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.