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    GROUP 3 - MP Internal Audit

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    Akang Gun
    This document discusses a study on the influence of audit committees and internal audits on audit report lag, and whether the size of the public accounting firm moderates these relationships. The study hypothesized that the audit committee and internal audit influence audit report lag, and that larger public accounting firm size strengthens the relationships between the audit committee/internal audit and lag. The results found that the audit committee negatively influences lag, but internal audit does not. Additionally, public accounting firm size moderates the relationship between the audit committee and lag, but not between internal audit and lag.

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    GROUP 3 - MP Internal Audit

    Uploaded by

    Akang Gun
    48 views11 pages
    This document discusses a study on the influence of audit committees and internal audits on audit report lag, and whether the size of the public accounting firm moderates these relationships. The study hypothesized that the audit committee and internal audit influence audit report lag, and that larger public accounting firm size strengthens the relationships between the audit committee/internal audit and lag. The results found that the audit committee negatively influences lag, but internal audit does not. Additionally, public accounting firm size moderates the relationship between the audit committee and lag, but not between internal audit and lag.

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    Tugas Kelompok Metodologi Penelitian

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    This document discusses a study on the influence of audit committees and internal audits on audit report lag, and whether the size of the public accounting firm moderates these relationships. The study hypothesized that the audit committee and internal audit influence audit report lag, and that larger public accounting firm size strengthens the relationships between the audit committee/internal audit and lag. The results found that the audit committee negatively influences lag, but internal audit does not. Additionally, public accounting firm size moderates the relationship between the audit committee and lag, but not between internal audit and lag.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    48 views11 pages

    GROUP 3 - MP Internal Audit

    Uploaded by

    Akang Gun
    This document discusses a study on the influence of audit committees and internal audits on audit report lag, and whether the size of the public accounting firm moderates these relationships. The study hypothesized that the audit committee and internal audit influence audit report lag, and that larger public accounting firm size strengthens the relationships between the audit committee/internal audit and lag. The results found that the audit committee negatively influences lag, but internal audit does not. Additionally, public accounting firm size moderates the relationship between the audit committee and lag, but not between internal audit and lag.

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    of 11

    MAGISTER AKUNTANSI

    FEB USAKTI

    Influence of audit committee and internal audit on audit report lag:


    Size of public accounting firm as a moderating variable
    Sources
    Group 3 Members

    Dewi Sukmaningsih
    Fifia Aryanto Putri
    Flourina Novianty
    Gun Gun Mugia Raspati
    Henri Martha
    Introduction

    Long audit report lag can cause delays in the


    submission of annual financial statements

    Delay in submission of financial statements can lead


    to greater information gaps, and cause companies to
    get sanctions from BAPEPAM or OJK

    Reality Hope

    Delays in submitting financial This research is important to do


    statements has occurred every to create corporate discipline
    year and to prevent sanctions that are
    received by the company
    Literature Review

    AGENCY THEORY
    The agent and principal relationship is the relationship that contains the
    contract. Principals give authority to agents to run their companies with the
    capabilities and expertise they have. This relationship gives rise to information
    asymmetry and a conflict of interest between the two. A supervisory,
    inspection, control and evaluation fund besides helping independent auditors
    in auditing is also a way to reduce agency problems between agents and
    principals.

    The existence of an audit committee is seen as a monitoring mechanism that


    will increase the flow of information between management and shareholders
    and reduce information asymmetry.

    Internal audit is an activity to provide assurance and consultation that is


    independent and objective. It aims to increase value and improve company
    operations through a systematic approach, by increasing and evaluating the
    effectiveness of risk management, control, and corporate governance.
    Literature Review

    Hypotesis
    • H1 = The audit committee influences audit report lag
    • H2 = Internal Audit influences audit report lag
    • H3 = The size of the public accounting firm strengthens the
    relationship between the audit committee and the audit
    report lag
    • H4 = The size of the public accounting firm strengthens the
    relationship between internal audit and audit report lag

    H1
    H2
    Audit Report
    H3 Lag
    H4
    Research and Methodology

    Research and Methodology


    • The study population was companies listed on the Indonesia Stock
    Exchange (IDX) in 2015 – 2018;
    • 220 Samples were taken by purposive sampling technique;
    • The data analysis method used in this research is Structural Equation
    Modeling (SEM) with variance-based SEM or Partial Least Square (PLS)
    • The tools used to me m process the data is warpPLS 6 .0

    Committee Audit Internal Audit The Size of Public


    Accounting Firm.
    • Members; • Internal audit members;
    • Expertise in finance; • The level of education of the head Measured by a dummy
    • Frequency of variable where 1 is a big
    of the internal audit unit, level of
    meetings; work experience four public accounting
    firm and 0 is a no big four
    • The percentage of
    women in the audit public accounting firm
    comittee
    Result and Discussion

    • The Outer Model Test:


    Komite audit dan audit internal telah memenuhi persyaratan pengukuran karena memiliki nilai
    diatas 0,7 (Tes Multikolinearitas/Goodnes Of Fit). Tes ini terdiri dari ARS, APC dan AVIF dimana
    ARS dan APC telah signifikan sebesar 0,02 (<0,05) dan nilai AVIF 1.313 (<5) tealah memenuhi
    sayarat bebas dari multikolineritas.
    • The Inner Model Test:
    Uji R-Square dan Q-Square dimana variabel independen dapat menjelaskan variabel
    dependen sebesar 6,6% dengan nilai prediksi 7% sedangkan 93,4% lainnya dijelaskan dengan
    faktor lainnya.
    • Hypotesis Test:

    Uji pertama menyatakan bahwa komite audit mempengaruhi lag laporan audit. Nilai p 0,03
    (<0,05) dan nilai koefisien KA dan ARL sebesar -0,12 artinya KA memiliki efek negatif pada
    ARL.
    Result and Discussion

    Uji kedua menyatakan bahwa AI mempengaruhi ARL. Nilai p 0,28 (>0,05) artinya hipotesis
    kedua (H2) ditolak. Koefisien antara AI dan ARL sebesar -0,04 artinya AI memiliki efek negatif
    pada ARL. Hipotesis ini ditolak karena diduga AI tidak mampu melaksanakan tugasnya
    dengan benar.

    Uji ketiga menyatakan Perusahaan Akuntansi Publik ukuran sedang dengan hubungannya KA
    –ARL dimana memiliki nilai p 0,006 (<0,05) artinya ukuran perusahaan akuntasi publik
    memoderasi hubungan KA-ARL.
    Uji ke empat menyatakan bahwa hubungan AI-ARL dengan nilai p 0,41 (>0,05) sehingga
    hipotesis ini ditolak sejalan dengan uji hipotesi ke dua bahwa ukuran akuntansi publik tidak
    memoderasi hubungan atara AI dan ARL.
    Conclusions

    1. The results of this study indicate that the existence of


    an audit committee can shorten the audit report lag
    2. The better quality of the audit committee cause the
    audit report lag to be lower
    3. Internal audit does not affect audit report lag
    4. These results also state that the size of the public
    accounting firm has moderated the relationship
    between the audit committee and audit report lag
    MAGISTER AKUNTANSI
    FEB USAKTI

    Thank You

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