THE EFFECT OF COMPANY SIZE, AUDIT TENURE AND FINANCIAL DISTRESS ON AUDIT DELAY IN PROPERTY AND REAL ESTATE SUB-SECTOR COMPANIES

ABSTRACT

Audit Delay is the number of days required in the audit process from December 31st to the date of the auditor's report. This study aims to determine the factors that influence Audit Delay in Property and Real Estate Subsector companies listed on the Indonesia Stock Exchange in 2019-2023, the factors tested in this study are Company Size, Audit Tenure, and Financial Distress as independent variables. The population in this study was 81 companies through Purposive Sampling technique obtained a sample of 8 companies with a 5-year research period so that there were 40 sample data. The data analysis technique used in this study was multiple linear regression analysis with a significance level of 0,05, which was processed using the Statistical Package For Social Science (SPSS) version 26 program. The results showed that the value of Company Size was 0.000, the significant value of Audit Tenure was 0.010 and the significant value of Financial Distress was
0.006. The conclusion of this study is that partially Company Size and Audit Tenure have a negative effect on Audit Delay, while Financial Distress has a positive effect on Audit Delay.

Keywords: Company Size, Audit Tenure, Financial Distress, Audit Delay.