Pengaruh Komite Audit Independen dan Latar Belakang Pendidikan Komite Audit terhadap Hubungan antara Fungsi Audit Internal dan kualitas laba

Abstract

Earning quality is one of measurement for accounting quality. Many studies have been done investigating the relationship between governance factor and earning quality. However, previous studies were conducted mostly using IFRS transformation phases. This study use data after IFRS implemented. Agency theory is used to explain the relationship between internal and external (governance mechanism with earning quality). The purpose of this research is to examine the effect of internal audit function on earning quality. In addition, this study also investigate the role of audit committee independence and education background as moderating variables. This research was conducted using secondary data of company from service industry listed in Indonesia Stock Exchange in period of 2012-2015. The final sample is 71 companies for four years. Moderated regression analysis is applied to analysis data. The result of this research shows that audit committee independence has a significant effect on earning quality. Besides, internal audit function and audit committee education background do not havea significant effect on earning quality.Audit committee independence and audit committee education background do not moderate the relationship between internal audit function and earning quality. In addition, company size, profitability, and leverage as control variables have a significant effect on earning quality. This study contribute to the agency theory in sense that governance variables partially have a significant relationship with earning quality.

Keyword: internal audit function, audit committee independence, audit committee education background, company size, profitability, leverage, earning quality.