The Influence of Company Size, Profitability, and Audit Opinion on Audit Delay in Food and Beverage Subsector Companies Listed on the Indonesia Stock Exchange

Nadya Rahmanita; Tina Lestari; Pipit Angelia Widiarti

Authors

Nadya Rahmanita Sekolah Tinggi Ilmu Ekonomi Pancasetia
Tina Lestari Sekolah Tinggi Ilmu Ekonomi Pancasetia
Pipit Angelia Widiarti Sekolah Tinggi Ilmu Ekonomi Pancasetia

Keywords:

Audit Delay; Firm Size; Profitability; Audit Opinion.

Abstract

Audit delay is an important indicator of the timeliness of audited financial statement reporting, as it affects the relevance of information for investors and other stakeholders. Although numerous studies have examined the factors influencing audit delay, previous findings remain inconsistent, indicating the need for further investigation. This study aims to examine the effects of firm size, profitability, and audit opinion on audit delay in food and beverage subsector companies listed on the Indonesia Stock Exchange during the 2024–2025 period. The study employed a quantitative approach using an associative research design. The sample was selected through purposive sampling, resulting in 28 companies with a total of 56 observations. Secondary data were obtained from the companies' annual financial statements and analyzed using multiple linear regression with IBM SPSS Statistics version 26. The findings reveal that firm size has a significant effect on audit delay, whereas profitability and audit opinion do not have significant effects. Simultaneously, the three independent variables significantly affect audit delay. The Adjusted R Square value of 10.3% indicates that the model has limited explanatory power in explaining variations in audit delay, suggesting that other factors outside the research model also influence audit delay. This study provides recent empirical evidence on the determinants of audit delay in food and beverage subsector companies and offers valuable insights for academics, auditors, and corporate management in improving the timeliness of financial reporting.

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