THE INFLUENCE OF SOLVENCY,PROFITABILITY,FIRM SIZE,OWNERSHIP STRUCTURE,OPERATING CASH FLOW,REPUTATION AUDITOR TO AUDIT DELAY (EMPIRIC STUDY ON AUTOMOTIVE SECTOR COMPANIES LISTED IN BEI PERIOD 2007-2012)

Abstract

The information contained in the financial statement referred helpful
if presented accurately and timely, which is available when needed by investors.
This financial report delay can have a negative impact on the market reaction.
The longer the period of delay, the more doubtful relevance of statements. The
lenght of time the completion of the audit by the auditor be seen from the time
from the time difference with the date of the finansial statements audit opinion on
the finansial statement. The difference this time is called the audit delay. Audit
delay can be affected by factors of solvency, profitability, firm size, ownership
structure, operating cash flow, and auditor reputasion. The purpose of this study
was to analiyze the influence of solvency, profitability, firm size, ownership
structure, operating cash flow, and reputation auditor to audit delay automotive
sector companies listed on the Stock Exchange for 2007-2012.
This study uses solvency, profitability, firm size, ownership structure,
operating cash flow, and auditor reputation as the independent variables and
audit delayas the dependent variable. The sampling technique is purpose
sampling. The sample used is the automotive sector companies listed on the Stock
Exchange which publishes an anual report during the observation period ( 2007-
2012). The analysis is the method of quantitative analysis, including descrptive
statistical analysis, the classical assumption test, multiple linear regression, and
analysis of the goodness of the model.
Based on the result, it is evident that partially solvency positive effect
on audit delay, instituational ownership effect on audit delay, while profitability,
company size, operating cash flow and does not effect the auditor’s reputation
audit delay. Based on the F-test were performed and the results of multiple linear
regression analysis above it can be seen that the regression model can be used to
predict the audit delay.

Keyword : audit delay, solvency, profitability, firm size, ownership structure,
operating cash flow, the auditor’s reputation.