PENGARUH KARAKTERISTIK KOMITE AUDIT DAN KARAKTERISTIK KANTOR AKUNTAN PUBLIK TERHADAP AUDIT REPORT LAG PADA PERUSAHAAN GO PUBLIK MILIK PEMERINTAH

Abstract

Audit Report Lag is an important determinant of Timeliness financial report. Therefore, attention has been paid by practitioner and academics. However, limited studies have been done for politic-link companies in Indonesia. This study aims to analyze the effect of audit committee and external audit reportlag. We use the premise of agency conflict, in where there is a conflict between principal and agents. During financial reporting process, the agent plays the opportunities behavior, so that the audit report lag longer than normal. The number ofpopulation is 20 companies and due to avalaible the dataneeded, the final sample became 13 companies for5 years period. Audit committe characteristic divided into independency, size and activity of audit committee. Further, external audit characteristic consist of opinion, auditor industry specialization and reputation. Besides, this study also uses the control variables: ROA, leverage, companies size and age. By using multiple regression analysis, we found that only variable significantly effecton audit report lag. That is audit opinion. The rest is evidence of no significant effect.

Keywords:  Audit report lag, Audit committee independence, Audit committee size, Audit committee meeting, Auditor industry specialization, Audit opinion, Reputation of public accounting firm.