THE EFFECT OF LIQUIDITY, PROFITABILITY AND SOLVABILITY ON AUDIT OPINIONS OF GOING CONCERN MANUFACTURING COMPANIES
Abstract
ABSTRACT
The auditor issues a going concern audit opinion to ascertain whether the company being audited is able to maintain its business continuity or not. Going concern audit opinion is very useful for investors to make decisions in investing on the funds they have. In 2018, 12 issuers received going concern audit opinions, 18 issuers in 2019, and 18 issuers in 2020. The purpose of this research was to determine: (1) the effect of liquidity on audit opinion going concern (2) the effect of profitability on audit opinion going concern. (3) the effect of solvability on audit opinion going concern.(4) the effect of liquidity, profitability, and solvability on audit opinion going concern in Manufacturing company listed in Indonesia Stock Exchange on 2018 - 2020. The research method used is quantitative with data sources in the form of secondary data. Methods of data analysis using linear regression analysis with SPSS. The population in this study is Manufacturing company that listed in Indonesian Stock Exchange on 2018 - 2020. Sampling technique that used in this study was purposive sampling. The number of samples used in this study was 26 companies from total 187 Manufacturing companies that listed in Indonesia Stock Exchange on 2018 - 2020. Total data used in this study was 78. The data were analyzed by using descriptive statistic and logistic regression. The results showed that: (1) liquidity effected the audit opinion going concern. (2) profitability effected the audit opinion going concern. (3) solvability effected the audit opinion going concern. (4) liquidity, profitability, and solvability affected the audit opinion going concern.
Keywords: Liquidity, Profitability, Solvability, Audit Opinions Of Going Concern
References
Adhityan, Okky. 2018. The Effect of Company Size, Liquidity, Profitability, and Solvency on Going Concern Audit Opinions in Manufacturing Companies Listed on the Indonesia Stock Exchange in 2013 - 2016. Yogyakarta State University.
Agoes, Sukrisno. 2019. Auditing: Practical Instructions for Examination of Accountants by Public Accountants. Edition Five. Salemba Four. Jakarta.
Averio, Thomas. 2020. The analysis of influencing factors on the going concern audit opinion a study in manufacturing firms in Indonesia. Pontianak.
Ermaini. 2021. Fundamentals of Financial Management. First Edition. Yogyakarta Blue Ocean.
Ghazali, Imam. 2018. Multivariate Analysis Application with IBM SPSS 25 Program. 9th Edition. Yoga Pratama. Semarang.
Hardani. 2020. Qualitative and Quantitative Research Methods. First Edition. Library of Science Group. Yogyakarta.
Hery. 2019. Auditing: Fundamentals of Accounting Examination. First Edition. Grasindo. Jakarta.
Hidayat, Wastam Wahyu. 2018. Fundamentals of Financial Statement Analysis. First Edition. Uwais Indonesian Inspiration. Ponorogo.
Junaidi dan Nurdiono. 2016. Audit Quality: Going Concern Audit Opinion Perspective. First Edition. Andi Offset. Yogyakarta.
Kasmir. 2019. Financial Statement Analysis. Twelfth Edition. Rajagrafindo. Depok.
Kusumaningrum, Yesi, and Zulaikha. Analysis Of The Effect Of Company Size, Liquidity And Leverage On Receiving Going Concern Audit Opinions. Diponegoro Journal of Accounting 8, no. 4 (2019): https://ejournal3.undip.ac.id/index.php/accounting/article/view/25859
Liputan6. 2017. BEI Bekukan Perdagangan Saham 27 Perusahaan. https://m.liputan6.com/saham/read/2893808/bei-bekukan-perdagangan-saham-27-perusahaan.
--------. 2021. BEI Catat 12 Emiten Berpotensi Delisting. https://www.liputan6.com/saham/read/4710566/bei-catat-12-emiten-berpotensi-delisting.
Mutsanna, Hassan dan Sukirno. 2020. Determinant Factors of Going Concern Audit Opinion in Manufacturing Companies Listed on the Indonesia Stock Exchange in 2016 – 2018. Volume 09. Yogyakarta State University.
Okezone. 2016. BEI Ancam Delisting 10 Emiten. https://economy.okezone.com/read/2016/02/12/278/1310521/bei-ancam delisting-10-emiten.
--------. 2018. 15 Emiten Terancam Delisting Dari Bursa. https://economy.okezone.com/read/2018/02/09/278/1857177/15-emiten-terancam-delisting-dari-bursa.
Purnadewi, Ni Kadek Wulan; Novitasari, Ni Luh Gde; Widhiastuti, Ni Luh Putu. 2022. The Influence Of Profitability, Liquidity, Leverage And Company Size On Going Concern Audit Opinion. Jurnal Kharisma Vol. 4 No. 3. E-ISSN 2716-2710
Purnomo, Rocmat Aldy. 2016. Economic And Business Statistical Analysis With SPSS. First Edition. Wade Group. Ponorogo.
Putri, Bonita Riestianiko. 2018. The Effect of Profitability, Liquidity, Solvability, and Company Growth on Going Concern Audit Opinion Empirical Studies of Retail Trade Companies on the Indonesia Stock Exchange in 2012 - 2016. Syarif Hidayatullah State Islamic University. Jakarta.
Rahman, Huda Aulia. 2020. Receiving Going Concern Audit Opinion Based On Leverage And Financial Distress. Jurnal Ekonomi : Journal of Economic p-ISSN 2087-8133| e-ISSN : 2528-326X.
Sari, Putri Cartika. 2020. The Effect of Audit Lag, Profitability and Liquidity on Going Concern Audit Opinion in Manufacturing Companies. Jurnal Riset Akuntansi Warmadewa. DOI: https://doi.org/10.22225/jraw.1.1.1509.1-7
Septiana, Aldila. 2019. Financial Statement Analysis: Basic Concepts and Descriptions of Financial Statements. First Edition. Duta Media Publishing. East Java.
Setiawan, Feri. 2015. The Influence of Company Growth, Profitability, Liquidity, and Leverage on Going Concern Audit Opinion. Volume 04. Indonesian College of Economics (STIESIA). Surabaya.
Sinurat, Friska Kristiani. 2015. Analysis of the Effect of Liquidity, Company Size, and Audit Reputation on Receiving Going Concern Audit Opinions (Empirical Study of Manufacturing Companies on the Indonesia Stock Exchange in 2011-2013). Sanata Dharma University. Yogyakarta.
Sugiyono. 2021. Quantitative Qualitative Research Methods and R&D. Third Edition. Alfabeta. Bandung.
Sumardi, Rebin. Suharyono. 2020. Fundamentals of Financial Management. First Edition. LPU-UNAS. Jakarta.
Syafina, Laila. Nurlaila Harahap. 2019. Quantitative Approach Accounting Research Methods. First Edition. FEBI-UIN SU Press. North Sumatra.
Timotius, Kris. 2017. Introduction to Research Methodology. First Edition. Andi Offset. Yogyakarta.
Utama, Yogy Wira; Syakur, Ahmad and Firmansyah, Amrie. 2021. Going Concern Audit Opinion: Liquidity Perspective, Leverage, Financial Distress Risk, Tax Risk. Jurnal Al – Iqtishad Edisi 17 Volume 1 Tahun 2021
