The Effect of Financial Distress, Leverage, and Audit Opinion on Audit Delay and Company Size As Moderating Variables in the Transportation and Logistics Sector Listed on the Indonesia Stock Exchange 2019-2024

Muhammad Nur Afif; Joko Marsudi; Falsa Mulia

doi:10.59890/ijels.v3i8.133

Authors

Muhammad Nur Afif Universitas Djuanda
Joko Marsudi Universitas Djuanda
Falsa Mulia Universitas Djuanda

DOI:

https://doi.org/10.59890/ijels.v3i8.133

Keywords:

Financial Distress; Leverage; Audit Opinion; Audit Delay; Company Size.

Abstract

Using firm size as a moderating variable, this study examines the impact of financial distress, leverage, and audit opinion on audit delay in the transportation and logistics industry listed on the Indonesia Stock Exchange for the 2019–2024 timeframe. This study's goal is to experimentally investigate the ways in which these factors affect financial statement audit completion delays, both directly and through the intervention of firm size. Using secondary data—namely, audited financial statements of logistics and transportation firms obtained from the Indonesia Stock Exchange website—the research methodology took a quantitative approach. Purposive sampling was used to choose the sample, and out of the 37 companies in the population, 20 met the requirements. Moderated Regression Analysis (MRA) and model selection tests (Common Effect, Fixed Effect, Random Effect) were used in the data analysis process, which was carried out using panel data regression with the help of Eviews software. It is anticipated that the findings of this study would theoretically advance the body of knowledge in accounting concerning the factors that influence audit delays and the moderating influence of firm size. The association between financial distress and audit delay is strengthened by firm size, and audit delay is influenced by both financial distress and audit opinion. The association between leverage and audit opinion on audit delay is not strengthened by company size, and leverage has no influence on audit delay.

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