The Influences of Profitability, Company Growth, Financial Condition, and Debt Default on Going Concern Audit Opinions

Ghozy Agung Permana, Edi Joko Setyadi, Iwan Fakhruddin, Nur Isna Inayati

Abstract


This research focuses on property and real estate companies in Indonesia, especially in the context of profitability, company growth, financial condition and debt default on going concern audit opinions. The aim is to evaluate the influence of these factors on going concern disclosures in audit opinions, thereby providing a deeper understanding for stakeholders in assessing the company's financial risk. This research uses secondary data from the annual financial reports of companies listed on the Indonesia Stock Exchange (BEI) during the 2019-2022 period. This research applies logistic regression analysis to test the proposed hypothesis. The results show that profitability and financial condition have a significant negative relationship with going concern as an audit opinion, while company growth and debt default do not show a significant relationship. This emphasizes the importance of financial factors in determining a company's business continuity

Full Text:

PDF

References


Akbar, R., & Ridwan, R. (2019). Pengaruh Kondisi Keuangan Perusahaan, Ukuran Perusahaan, Pertumbuhan Perusahaan da Reputasi KAP Terhadap Penerimaan Opini Audit Going Concern Pada Perusahaan Pertambangan Yang Terdaftar di Bursa Efek Indonesia Tahun 2015-2017. Jurnal Ilmiah Mahasiswa Ekonomi Akuntansi, 4(2), 286–303. https://doi.org/10.24815/jimeka.v4i2.12239

Damayanty, P., Hasibuan, A. N., & Sari, M. E. (2022). Pengaruh Profitabilitas, Likuiditas dan Umur Perusahaan Terhadap Opini Audit Going Concern. JURNAL ILMIAH EDUNOMIKA, 6(2). https://doi.org/10.29040/jie.v6i2.5201

Divira, D., & Darya, K. (2023). Pengaruh Disclosure, Financial Distress, dan Debt Default terhadap Opini Audit Going Concern. Jurnal Keuangan dan Perbankan, 17(2), 99. https://doi.org/10.35384/jkp.v17i2.325

Effendi, B. (2019). Kualitas Audit, Kondisi Keuangan, Ukuran Perusahaan dan Penerimaan Opini Audit Going Concern. Owner, 3(1), 9. https://doi.org/10.33395/owner.v3i1.80

Fath, N. D. A., & Sugito, P. (2020). Penerimaan Opini Audit Going Concern: Studi Keterkaitannya Dengan Debt Default, Pertumbuhan Perusahaan dan Ukuran Perusahaan. Buletin Studi Ekonomi, 25(2), 265–286.

Jensen, C., & Meckling, H. (1976). Theory of The Firm: Managerial Behavior, Agency Costs and Ownership Structure. Journal of Financial Economics, 3, 305–360.

Khamsiyahni, R. A., & Amin, M. N. (2023). Pengaruh Profitabilitas, Likuiditas, Solvabilitas, dan Pertumbuhan Perusahaan Terhadap Opini Audit Going Concern Pada Perusahaan Sektor Barang Konsumen Non-Primer Yang Terdaftar di Bursa Efek Indonesia Tahun 2019-2021. JURNAL MANEKSI, 12(1), 84–91. https://doi.org/10.31959/jm.v12i1.1394

Kimberli, K., & Kurniawan, B. (2021). Pengaruh Rasio Profitabilitas, Rasio Likuiditas, Pertumbuhan Perusahaan Terhadap Opini Audit Going Concern. Jurnal Akuntansi, 13(2), 283–299. https://doi.org/10.28932/jam.v13i2.3901

Naziah, R., & Nyale, M. H. Y. (2022). Pengaruh Profitabilitas, Likuiditas, Pertumbuhan Perusahaan dan Opini Audit Tahun Sebelumnya terhadap Penerimaan Opini Audit Going Concern. JIIP - Jurnal Ilmiah Ilmu Pendidikan, 5(7), 2687–2699. https://doi.org/10.54371/jiip.v5i7.747

Pramono, H., Fakhruddin, I., & Wibowo, H. (2020). Analysis Of Corporate Governance And Going Concern In Islamic Banks In Indonesia. Proceedings of the 2nd International Conference of Business, Accounting and Economics, ICBAE 2020, 5 - 6 August 2020, Purwokerto, Indonesia. Proceedings of the 2nd International Conference of Business, Accounting and Economics, ICBAE 2020, 5 - 6 August 2020, Purwokerto, Indonesia, Purwokerto, Indonesia. https://doi.org/10.4108/eai.5-8-2020.2301166

Praptitorini, M. D., & Januarti, I. (2011). Analisis Pengaruh Kualitas Audit, Debt Default dan Opinion Shopping Terhadap Penerimaan Opini Going Concern. Jurnal Akuntansi dan Keuangan Indonesia, 8(1), 78–93. https://doi.org/10.21002/jaki.2011.05

Putra, R. A. S., Astuty, W., & Sari, E. N. (2021). Pengaruh Debt Default, Kondisi Keuangan, dan Pertumbuhan Perusahaan Terhadap Opini Audit Going Concern Pada Perusahaan Property dan Real Estate Yang Terdaftar di Bursa Efek Indonesia. Jurnal Riset Akuntansi dan Bisnis, 21(1). https://doi.org/10.30596/jrab.v21i1.6231

Putri, F. A., & Astuti, T. D. (2023). Pengaruh Debt Default dan Financial Distress Terhadap Opini Audit Going Concern Pada Perusahaan Manufaktur Yang Terdaftar di BEI. Balance : Jurnal Akuntansi dan Bisnis, 8(2), 175. https://doi.org/10.32502/jab.v8i2.7130

Putri, N. L., Inayati, N. I., Haryanto, E., & Setyadi, E. J. (2022). Influence of Audit Opinions, Auditor Reputation, Company Growth, and Profitability on Going Concern Audit Opinions. Jurnal Akuntansi Indonesia, 11(1), 1–13. http://dx.doi.org/10.30 659/jai.11.1.1-20

Rani, R., & Helmayunita, N. (2020). Pengaruh Kualitas Audit, Pertumbuhan Perusahaan, dan Opinion Shopping Terhadap Penerimaan Opini Audit Going Concern. JURNAL EKSPLORASI AKUNTANSI, 2(4), 3808–3827. https://doi.org/10.24036/jea.v2i4.320

Resky, T. M., Yusuf, M., & Musyaffi, A. M. (2024). The Effect Of Financial Condition, Company Growth, And Company Size On Going Concern Opinion Acceptance. Research Trend in Technology and Management, 2(1), 12–25. https://doi.org/10.56442/rttm.v2i1.43

Sakti, T. P. E. (2022). Pengaruh Debt Default, Kualitas Audit, Prior Opinion, Pertumbuhan Perusahaan Terhadap Opini Audit Going Concern. INOVASI, 18(2), 385–392. https://doi.org/10.30872/jinv.v18i2.10622

Saputra, J., Sari, E. N., & Astuty, W. (2021). Pengaruh Pertumbuhan Perusahaan, Profitabilitas, Solvabilitas dan Opini Audit Going Concern Tahun Sebelumnya Terhadap Opini Audit Going Concern. Jurnal Riset Akuntansi dan Bisnis, 21(1). https://doi.org/10.30596/jrab.v21i1.6232

Sardi, I., Cusyana, S. R., & Amrizal, A. (2021). Kondisi Keuangan Perusahaan, Debt Default, dan Opini Audit Tahun Sebelumnya Terhadap Penerimaan Opini Audit Going Concern. Liquidity, 10(2), 138–146.

Setyanida, W. D., & Srimindarti, C. (2021). Pengaruh Kondisi Keuangan, Debt Default, Ukuran Perusahaan, dan Pertumbuhan Perusahaan Terhadap Penerimaan Opini Audit Going Concern. SIMAK, 19(01), 126–140. https://doi.org/10.35129/simak.v19i01.177

Sofyan, M., Askandar, N. S., & Mahsuni, A. W. (2019). Pengaruh Prediksi Kebangkrutan, Debt Default, dan Kondisi Keuangan Terhadap Opini Going Concern Pada Perusahaan Manufaktur yang Terdaftar di BEI Periode Tahun 2016-2018. E-JRA, 08(01), 105–115.

Susilawati, E. (2019). Analysis of Company’s Financial Condition, Growth, Size and Reputation of the Public Accountant Firms on Going Concern Opinion. Proceedings of the 1st International Conference on Economics, Business, Entrepreneurship, and Finance (ICEBEF 2018). Proceedings of the 1st International Conference on Economics, Business, Entrepreneurship, and Finance (ICEBEF 2018), Bandung, Indonesia. https://doi.org/10.2991/icebef-18.2019.91

Widyastuti, A. Y., & Efrianti, D. (2021). Pengaruh Ukuran Perusahaan, Pertumbuhan Perusahaan, dan Opini Audit Tahun Sebelumnya Terhadap Opini Audit Going Concern: Studi Kasus Perusahaan Manufaktur yang terdaftar pada Bursa Efek Indonesia periode tahun 2017-2019. Jurnal Ilmiah Akuntansi Kesatuan, 9(3), 621–630. https://doi.org/10.37641/jiakes.v9i3.1212

Wulanningsih, S., & Agustin, H. (2020). Pengaruh Investment Opportunity Set, Pertumbuhan Perusahaan Dan Profitabilitas Terhadap Nilai Perusahaan. JURNAL EKSPLORASI AKUNTANSI, 2(3), 3107–3124. https://doi.org/10.24036/jea.v2i3.271




DOI: https://doi.org/10.17509/jrak.v12i2.72172

Refbacks

  • There are currently no refbacks.


Creative Commons License

Jurnal Riset Akuntansi dan Keuangan  is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

View My Stats