THE EFFECT OF FINANCIAL DISTRESS, COMPANY SIZE, AND PREVIOUS YEAR’S AUDIT OPINION ON GOING CONCERN AUDIT OPINION OF TEXTILE AND GARMENT SUB SECTOR COMPANIES

Authors

  • Dyah Mieta setyawati Gunadarma University

DOI:

https://doi.org/10.14738/abr.99.10797

Keywords:

Financial Distress,, Company Size,, Previous Year’s Audit Opinion,, Going Concern Audit Opinion

Abstract

ABSTRACT

Going concern audit opinion is an audit opinion that given by the auditors when they have doubts about the company's ability to sustain its business. The purpose of this study is to determine the influence of financial distress, company size, and the previous year’s audit opinion on going concern audit opinion. The data used is secondary data of textile and garment sub-sector companies listed on the Indonesia Stock Exchange. The sampling method used was purposive sampling method. The samples used were 15 companies in the textile and garment sub-sector with the 2016-2019 research period.  The analysis technique used was the modified Altman method and logistic regression analysis with the help of SPSS version 26. The results of the analysis show that financial distress and the previous year's audit opinion have an effect on going-concern audit opinion. Meanwhile, company size has no effect on going concern audit opinion. And the overall results show that financial distress, company size, and previous year's affect on going concern audit opinion.

 

 

References

. Advernesia. 2020. “Pengertian SPSS Statistika | Belajar SPSS Bahasa Indonesia”. In: https://www.advernesia.com/blog/spss/pengertian-spss-statistika/ [Accessed on: 22/12/2020]

. Agoes, Sukrisno. 2017. Auditing: Petunjuk Praktis Pemeriksaan Akuntan oleh Akuntan Publik. Book 1. 15th Edition. Jakarta: Salemba Empat.

. Alichia, Y.P. 2013. “Pengaruh Ukuran Perusahaan, Pertumbuhan Perusahaan, and Opini Audit Tahun Sebelumnya Terhadap Opini Audit Going Concern (Studi Empiris Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia)”. Journal. Padang: State University of Padang.

. Arens, Alvin A., Randal J. Elder, and Mark S. Beasley. 2015. Auditing and Assurance Service : An Integrated Approach. Vol. 1. 15th Edition. Translated by Wibowo. Jakarta: Erlangga.

. Ayuningtyas, Dwi. 2019. “Duh! Emiten Teksti Terpukul & Harga Saham Anjlok”. CNBC Indonesia. In: https://www.cnbcindonesia.com/market/20191003123029-17-104139/duh-emiten-tekstil-terpukul-harga-saham-anjlok [Accessed on: 26/12/2020]

. Bank Indonesia. 2017. “Harga and Nilai Tukar”. In: www.bi.go.id [Accessed on: 07/12/2020]

. Dewi. I.D.A.N.S., and Latrini, M.Y. 2018. “Pengaruh Financial Distress and Debt Default pada Opini Audit Going Concern”. Udayana University Accounting E-Journal, Vol. 22, No. 2:1223-1252.

. Edi, and May Tania. 2018. “Ketepatan Model Altman, Springate, Zmijewski, and Grover Dalam Memprediksi Dinancial Distress”. The Review Journal of Accounting and Finance, Vol. 8, No. 1:79-92.

. Fahmi, M. N. 2015. “Pengaruh Audit Tenure, Opini Audit Tahun Sebelumnya, and Disclosure terhadap Opini Audit Going Concern”. Accountability Journal of Syarif Hidayatullah State Islamic University Jakarta, Vol. 8, No. 3:162-170.

. Ghozali, Imam. 2018. Aplikasi Analisi Multivariate dengan Program SPSS. Semarang: Dipenogoro University.

. Harahap, Sofyan Syafri, 2015. Analisis Kritis Atas Laporan Keuangan. Jakarta: Rajawali Pers.

. Harlan, J. 2018. Analisis Regresi Logistik. Depok: Gunadarma University.

. Ibrahim, S. P., and Raharja. 2014. “Pengaruh Audit Lag , Rasio Leverage , Rasio Arus Kas , Opini Audit Tahun Sebelumnya and Financial Distress Terhadap Penerimaan Opini Going Concern (Studi pada Perusahaan Manufaktur yang Terdaftar di BEI Tahun 2009-2012)”. Diponegoro Journal of Accounting, Vol. 3, No. 3:1-11.

. Indonesia Stock Exchange. 2020. http://www.idx.co.id// [Accessed on: 07/12/2020]

. Institute of Indonesia Certified Public Accountant (IAPI). 2011. “Standards of Professional Public Accountant”. Jakarta: Salemba Empat.

. Institute of Indonesia Chartered Accountants (IAI). 2015. “Pernyataan Standar Akuntansi Keuangan”. Jakarta : Institute of Indonesia Chartered Accountants.

. KBBI. 2016. Kamus Besar Bahasa Indonesia (KBBI). Dalam: http://kbbi.web.id/pusat [Accessed on: 01/12/2020]

. Ministry of Industry, Republic of Indonesia 2020. “Struktur Hulu-Hilir Kian Terintegrasi, Kemenperin Kerek Ekspor Industri TPT”. Dalam: https://www.kemenperin.go.id/artikel/22064/Struktur-Hulu-Hilir-Kian-Terintegrasi,-Kemenperin-Kerek-Ekspor-Industri-TPT [Accessed on: 26/12/2020]

. Kristiana, I. 2012. “Pengaruh Ukuran Perusahaan, Profitabilitas, Likuiditas, Pertumbuhan Perusahaan Terhadap Opini Audit Going Concern pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia (BEI)”. Berkala Ilmiah Mahasiswa Akuntansi, Vol. 1, No 1, Januari 2012.

. Lestari, P., and Prayogi, B. 2017. “Pengaruh Financial Distress, Disclosure, and Opini Audit Tahun Sebelumnya Terhadap Opini Audit Going Concern (Studi Kasus Pada Perushaan Manufaktur Sektor Aneka Industri and Industri Barang Konsumsi di Bursa Efek Indonesia Periode 2011-2013)”. Mercu Buana University. Jurnal PROVITA, Vol. 10, No. 3:388-398.

. Listantri, F., and Mudjiyanti, R. 2016. “Analisis Pengaruh Financial distress, Ukuran Perusahaan, Solvabilitas, and Profitabilitas terhadap Penerimaan Opini Audit Going Concern”. Jurnal Manajemen and Bisnis Media Ekonomi, Vol. XVI, No. 1:163–175.

. Mulyadi. 2014. Auditing. Sixth Edition. Jakarta: Salemba Empat.

. Nugroho, L., et al. 2017. “Faktor-Faktor yang Mempengaruhi Opini Audit Going Concern”. Jurnal SIKAP, Vol. 2, No. 2:96-111.

. Rahayu, N.G. 2015. “Pengaruh Kompetensi Auditor and Skeptisisme Profesional Auditor Terhadap Upaya Auditor Dalam Mendeteksi Kecurangan (Survey Pada Kantor Akuntan Publik Yang Terdaftar di Otoritas Jasa Keuangan (OJK) Bandung). Thesis. Pasundan University.

. SahamOK. 2020. https://www.sahamok.net/emiten/sektor-aneka-industri/sub-sektor-tekstil-garment/ [Accessed on: 07/12/2020]

. Sugiyono. 2019. Metode Penelitian Kuantitatif Kualitatif and R&D. Bandung: Alfabeta.

. Tuanakotta, Theodorus M. 2014. Audit Berbasis ISA (International Standards on Auditing). Jakarta: Salemba Empat.

. Vermeer, T. E., Raghunanand, K., and Forgione, D. A. 2013. “Going Concern Modified Audit Opinions For Non-Profit Organizations”. Journal of Public Budgeting, Accounting & Financial Management, Vol. 25, No. 1:113-134.

. Wati, K.K., et al. 2017. Pengaruh Ukuran KAP and Opini Audit Tahun Sebelumnya Terhadap Opini Audit Going Concern dengan Kondisi Keuangan Sebagai Variabel Moderating (Studi Kasus pada Perusahaan Manufaktur and Non Manufaktur yang Terdaftar di BEI Tahun 2014-2016). E-Jurnal Pendidikan Ganesha University, Vol. 7, No. 1.

. Wibisono, E.A. 2013. “Prediksi Kebangkrutan, Leverage, Audit Sebelumnya, Ukuran Perusahaan Terhadap Opini Going Concern Perusahaan Manufaktur BEI”. ISSN 2303-1174 Jurnal EMBA, Vol. 1, No. 4:362-373.

Downloads

Published

2021-09-15

How to Cite

setyawati, D. M. (2021). THE EFFECT OF FINANCIAL DISTRESS, COMPANY SIZE, AND PREVIOUS YEAR’S AUDIT OPINION ON GOING CONCERN AUDIT OPINION OF TEXTILE AND GARMENT SUB SECTOR COMPANIES. Archives of Business Research, 9(9), 55–68. https://doi.org/10.14738/abr.99.10797

Most read articles by the same author(s)