1. Home
  2. Vol 9, No 2 (2023)
  3. Winarta

FACTORS AFFECTING GOING CONCERN AUDIT OPINION IN HOSPITALITY COMPANIES IN INDONESIA

Wiwiek Winarta, Cris Kuntadi

Abstract


ABSTRACT
This study aims to determine the factors influencing going concern audit opinion on the emphasis of the matter paragraph. The factors studied were 7 (seven) variables: size, growth, liquidity, solvability, asset turnover, working capital turnover, and company profitability. This study uses a quantitative research method using secondary data from hospitality companies in the consumer cyclical sector listed on the Indonesia Stock Exchange. The population of this research data uses 29 companies during the Covid-19 pandemic in 2020-2021. The purposive sampling technique resulted in 23 companies as samples. The number of observations was 46 companies for 2 (two) years. The data analysis method uses logistic regression. The data analysis result shows that only 1 (one) variable, namely the working capital turnover, significantly has a negative effect on the probability of getting going concern audit opinion on the emphasis of the matter paragraph. This study implies that working capital turnover is an early warning signal from the auditor in assessing the company's sustainability during the COVID-19 pandemic.

ABSTRAK
Penelitian ini bertujuan untuk mengetahui faktor-faktor yang memengaruhi opini audit going concern pada paragraf emphasis of matter. Faktor-faktor yang diteliti sebanyak 7 (tujuh) variabel, yaitu: ukuran, pertumbuhan, likuiditas, solvabilitas, perputaran aset, perputaran modal kerja, dan profitabilitas perusahaan. Metode penelitian dilakukan secara kuantitatif menggunakan data sekunder perusahaan perhotelan di sektor consumer cyclical yang terdaftar di Bursa Efek Indonesia. Populasi data penelitian ini sebanyak 29 perusahaan pada masa pandemi Covid-19 tahun 2020-2021. Teknik purposive sampling menghasilkan 23 perusahaan sebagai sampel dan jumlah amatan sebanyak 46 perusahaan selama 2 (dua) tahun. Metode analisis data menggunakan regresi logistik. Hasil analisis data menunjukkan bahwa hanya terdapat 1 (satu) variabel, yaitu perputaran modal kerja yang secara signifikan berpengaruh negatif terhadap peluang mendapatkan opini audit going concern pada paragraf emphasis of matter. Implikasi dari penelitian ini adalah perputaran modal kerja merupakan sinyal peringatan dini dari auditor dalam menilai keberlanjutan perusahaan pada masa pandemi COVID-19.


Keywords


audit opinion; going concern; emphasis of matter; Covid-19; hospitality industry; audit opinion; going concern; emphasis of matter; Covid-19; hospitality industry

References


ACCA. (2020). Key challenges for audit during the coronavirus crisis. https://www.accaglobal.com/gb/en/member/member/accounting-business/2020/07-08/practice/challenges-coronavirus.html

Afriyadi, A. D. (2020). Tembus Rekor! 46 Perusahaan Raksasa Bangkrut Gara-gara Corona. https://finance.detik.com/berita-ekonomi-bisnis/d-5143179/tembus-rekor-46-perusahaan-raksasa-bangkrut-gara-gara-corona

Al Fath, N. D., & Sugito, P. (2020). Pengaruh Debt Default, Pertumbuhan Perusahaan Dan Ukuran Perusahaan Terhadap Penerimaan Opini Audit Going Concern. Buletin Studi Ekonomi, 25(2), 265–286. https://doi.org/10.24843/bse.2020.v25.i02.p06

Andini, B. N., Soebandi, & Peristiwaningsih, Y. (2021). Pengaruh Profitabilitas, Likuiditas, Ukuran Perusahaan, dan Pertumbuhan Perusahaan Terhadap Opini Audit Going Concern (Studi pada Perusahaan Manufaktur Yang Terdaftar di Bursa Efek Indonesia Tahun 2014-2017). Media Mahardhika, 19(2), 380–394. https://doi.org/10.29062/mahardika.v19i2.262

Azlina, N. (2009). Pengaruh Tingkat Perputaran Modal Kerja, Struktur Modal Dan Skala Perusahaan Terhadap Profitabilitas. Pekbis Jurnal Universitas RiauJurnal Universitas Riau, 1(2).

Colbert, J. L., & Jahera, J. S. (2005). The role of audit and agency theory. In Annual Review of Sociology (Vol. 31, Issue 1, pp. 263–284).

Damanhuri, A. G., & Putra, I. M. P. D. (2020). Pengaruh Financial Distress, Total Asset Turnover, dan Audit Tenure pada Pemberian Opini Going Concern. E-Jurnal Akuntansi, 30(9), 2392. https://doi.org/10.24843/eja.2020.v30.i09.p17

Fauzi, F. T. (2021). Analisis Pemberian Opini Audit Going Concern Selama Pandemi Covid-19. Accounting and Business Information System Journal, 9(4), 1–17. https://doi.org/10.22146/abis.v9i4.70444

Ghozali, I. (2016). Aplikasi Analisis Multivariate dengan Program IBM SPSS 23. Badan Penerbit Universitas Diponegoro.

Gujarati, D. N., & Porter, D. C. (2012). Dasar-dasar Ekonometrika. Salemba Empat.

Gusti, Q. R., & Yudowati, S. P. (2018). Pengaruh Leverage, Profitabilitas, Pertumbuhan Perusahaan, dan Opini Audit Tahun Sebelumnya Terhadap Penerimaan Opini Audit Going Concern (Studi pada Perusahaan Pertambangan yang Terdaftar di Bursa Efek Indonesia Tahun 2013-2016). E-Proceeding of Management, 5(3), 3463–3472.

IAI. (2017). Standar Akuntansi Keuangan (Statement of Financial Accounting Standards). Ikatan Akuntan Indonesia.

IAPI. (2021). Standar Profesional Akuntan Publik, Standar Audit 706 (Revisi 2021), Paragraf Penekanan Suatu Hal dan Paragraf Hal Lain dalam Laporan Auditor Independen. Ikatan Akuntan Publik Indonesia.

ICAEW. (2020). How to report an emphasis of matter under COVID-19: a guide for auditors. https://www.icaew.com/technical/audit-and-assurance/audit/reporting-and-completion/covid-19-how-to-report-an-emphasis-of-matter-a-guide-for-auditors

Intan, N., & Zuraya, N. (2020). Dampak Corona, Tingkat Hunian Kamar Hotel Hanya 12,67 Persen. https://republika.co.id/berita/qbal22383/dampak-corona-tingkat-hunian-kamar-hotel-hanya-1267-persen

Kuntadi, C. (2019). Audit Internal Sektor Publik. Jakarta: Salemba Empat.

Kuntadi, C. (2020). The Effect of Lowballing on Auditor Independence and Audit Opinion (Case Study at the Public Accounting Office for the Special Capital Region of Jakarta). Research Journal of Finance and Accounting, 11(4), 42–51. https://doi.org/10.7176/rjfa/11-4-05

Kuntadi, C. (2021). Audit Keuangan Negara. Salemba Empat.

Purba, S. F., & Nazir, N. (2019). Pengaruh Pertumbuhan Perusahaan, Rasio Keuangan, Dan Kualitas Auditor Terhadap Opini Audit Going Concern. Jurnal Akuntansi Trisakti, 5(2), 199–214. https://doi.org/10.25105/jat.v5i2.5238

Rakatenda, G. N., & Putra, I. W. (2016). Opini Audit Going Concern dan Faktor-Faktor yang Mempengaruhinya. E-Jurnal Akuntansi Universitas Udayana, 16(2), 1347–1375.

Rickling, M. F., Bitter, M. E., & West, J. (2020). Going-concern decisions and the global financial crisis. International Journal of Business, 25(1), 21–44.

Widhiastuti, N. L. P., & Kumalasari, P. D. (2022). Opini Audit Going Concern dan Faktor-Faktor Penyebabnya. Jurnal Studi Akuntansi Dan Keuangan, 5(1), 121–138.

Winarta, W., & Kuntadi, C. (2022). Literature Review: The Effect of Company Size, Company Growth, and Company Liquidity on Going Concern Audit Opinion. Dinasti International Journal of Economics, Finance & Accounting, 3(4), 430–437.

Yunita, R., Aziza, N., & Abdullah, A. (2021). Analysis of Potential Sustainability During The Covid 19 Pandemic Period Using The Model Springate on The Industry Consumer Goods Are Listing on The Stock Exchange Indonesia in 2020. Jurnal Fairness, 11(2), 51–62. https://doi.org/https://doi.org/10.33369/fairness.v11i2.18450


Full Text: PDF

DOI: 10.34204/jiafe.v9i2.7990

Refbacks

  • There are currently no refbacks.


Copyright (c) 2023 The Author(s)

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