DETERMINANTS OF AUDIT DELAY ON CYCLICAL, PROPERTY, ENERGY, INDUSTRY SECTORS IDX 2020 - 2021

Abstract

An increase in the number of delays in the publication of financial reports results in uncertainty in investment decisions. This research points to examine the determinants of audit delay, namely audit opinion, company size, profitability and leverage. Quantitative approach is determined by utilizing secondary data from audit reports on the company concerned. Research population focuses on all listed companies on the Indonesian Stock Exchange (IDX) in the cyclical, property, energy and industrial sectors in 2020 - 2021. The sample that is the focus of this research is 15 issuers determined using purposive sampling. The testing technique using multiple regression analysis. Research findings conclude that audit opinion and profitability have no effect on audit delay. Company size and leverage influence audit delay. The implications of research show the need for management evaluation in reducing audit delays in companies. Therefore, investors need to interpret audit delay as a benchmark for investing.