PENGARUH BIAYA AUDIT, AUDIT TENURE DAN ROTASI AKUNTAN PUBLIK TERHADAP PEMILIHAN AUDITOR EKSTERNAL: STUDI EMPIRIS PADA PERUSAHAAN BUMN YANG TERDAFTAR DI BURSA EFEK INDONESIA



Hendi Hendi(1*), Desiana Desiana(2)

(1) Universitas Internasional Batam
(2) Universitas Internasional Batam
(*) Corresponding Author

Abstract


The purpose of an audit is to increase the confidence level of the users to the financial statements which are achieved through a statement from an opinion by the auditor. The selection of an external auditor is defined as a process to selecting an independent person who audits the company's financial statements in order to produce a quality independent auditor's report and provides an independent auditor's report that can provide information to stakeholders and company management. This study used 20 state-owned enterprises listed on the Indonesia Stock Exchange, which were selected by purposive sampling method. The selected companies report annual reports during 2013 to 2017. Based on the results of the study, the samples that met the study criteria were 98 samples. The results of this study indicate that audit fees have a significant positive effect on the selection of external auditors while the audit of tenure and rotation of public accountants has no significant effect on the selection of external auditors.


Tujuan suatu audit adalah untuk meningkatkan tingkat keyakinan pengguna laporan keuangan yang dicapai melalui pernyataan suatu opini oleh auditor. Pemilihan auditor eksternal diartikan sebagai suatu proses memilih seseorang independen yang mengaudit laporan keuangan perusahaan agar menghasilkan laporan auditor independen yang berkualitas dan menyediakan laporan auditor independen yang dapat memberikan informasi bagi para pemangku kepentingan dan pihak manajemen perusahaan. Penelitian ini menggunakan 20 perusahaan Badan Usaha Milik Negara yang terdaftar di Bursa Efek Indonesia, yang dipilih dengan metode purposive sampling. Perusahaan yang dipilih melaporkan laporan tahunan selama tahun 2013 sampai dengan 2017. Berdasarkan hasil penelitian, sampel yang memenuhi kriteria penelitian adalah 98 sampel. Hasil dari penelitian ini menunjukkan bahwa biaya audit berpengaruh signifikan positif terhadap pemilihan auditor eksternal sedangkan audit tenure dan rotasi akuntan publik tidak berpengaruh signifikan terhadap pemilihan auditor eksternal.  


Keywords


auditor choice; audit fees; audit tenure; rotation audit firm

Full Text:

PDF INDONESIA

References


Abdul-Rahman, O. A., Benjamin, A. O., & Olayinka, O. H. (2017). Effect of audit fees on audit quality: Evidence from cement manufacturing companies in Nigeria. European Journal of Accounting, Auditing and Finance Research, 5(1), 6–17. https://doi.org/10.1111/j.1469-7610.2010.02280.x

Adeniyi, S. I., & Mieseigha, E. G. (2013). Audit tenure: An assessment of its effects on audit quality in Nigeria. International Journal of Academic Research in Accounting, Finance and Management Sciences, 3(3), 275–283. https://doi.org/10.6007/IJARAFMS/v3-i3/168

Adeyemi, S. B., & Fagbemi, T. O. (2010). Audit quality, corporate governance and firm characteristics in Nigeria. International Journal of Business and Management, 5(5), 169–179. https://doi.org/10.5539/ijbm.v5n5p169

Adeyemi, S. B., & Okpala, O. (2011). The impact of audit independence on financial reporting: Evidence from nigeria. Business and Management Review, 1(4), 9–25.

Al-khaddash, H., Nawas, R. Al, & Ramadan, A. (2013). Factors affecting the quality of Auditing: The case of Jordanian Commercial Banks. International Journal of Business and Social Science, 4(11), 206–222. https://doi.org/10.1016/j.lindif.2008.05.003

Ananda, F., & Zulvia, D. (2018). Indikasi machiavellianism dalam pembuatan keputusan etis auditor pemula. Benefita, 3(September), 357–369. https://doi.org/10.22216/jbe.v3i3.3660

Arens, A. A., Elder, R. J., & Beasley, M. S. (2012). Auditing and assurance services: An integrated approach. Prentice Hall. Prentice Hall. https://doi.org/10.1016/0005-1098(86)90018-X

Ashbaugh, H., & Warfield, T. D. (2003). Audits as a corporate governance mechanism: Evidence from the German market. Journal of International Accounting Research, 2(1), 1–21. https://doi.org/10.2139/ssrn.415100

Azibi, J., Tondeur, H., & Rajhi, M. T. (2010). Auditor choice and intitutionnel investor characteristics after the enron scandal in the French context. Crises et Nouvelles Problematiques de La Valeur.

Bafqi, H. D., Addin, M. M., & AlaviRad, A. (2013). The relationship between auditor’s characteristics and audit quality. Interdisciplinary Journal of Contemporary Research in Business July, 5(3), 639–648.

Chen, C. Y., Lin, C. J., & Lin, Y. C. (2008). Audit partner tenure, audit firm tenure, and discretionary accruals: Does long auditor tenure impair earnings quality? Contemporary Accounting Research, 25(2), 415–445. https://doi.org/10.1506/car.25.2.5

Chi, H. Y., & Weng, T. C. (2014). Managerial legal liability and Big 4 auditor choice. Journal of Business Research, 67(9), 1857–1869. https://doi.org/10.1016/j.jbusres.2013.12.003

Chrisdinawidanty, Z. N., Tugiman, H., & Muslih, M. (2016). Pengaruh etika auditor dan fee audit terhadap kualitas audit (Studi kasus pada kantor akuntan publik di wilayah Bandung). E-Proceeding of Management, 3(3), 148–150.

DeAngelo, L. E. (1981). Auditor size and audit quality. Journal of Accounting and Economics, 3(3), 183–199. https://doi.org/10.1016/0165-4101(81)90002-1

Enofe, A. O., Mgbame, C., Aderin, A., & Ehi-oshio, O. U. (2013). Determinants of audit quality in the Nigerian Business Environment. Reserach Journal of Finance and Accounting, 4(4), 36–44.

Fitriany, Veronica, S., & Anggraita, V. (2016). Impact of abnormal audit fee to audit quality: Indonesian case study. American Journal of Economics, 6(1), 72–78. https://doi.org/10.5923/j.economics.20160601.09

Frankel, R. M., Johnson, M. F., & Nelson, K. K. (2002). The relation between auditors’ fees for nonaudit services and earnings management. The Accounting Review, 77(2002), 71–105. https://doi.org/10.2308/accr.2002.77.s-1.71

Geiger, M. A., & Raghunandan, K. (2002). Auditor tenure and audit reporting failures. A Journal of Practice and Theory, 21(1), 187–196. https://doi.org/10.2308/aud.2002.21.1.67

Ghosh, A., & Moon, D. (2005). Auditor tenure and perceptions of audit quality. The Accounting Review, 80(2), 585–612. https://doi.org/10.1080/01690960400023501

Ghozali, I. (2006). Aplikasi analisis multivariate dengan SPSS. Ed. Keempat. Semarang: Universitas Diponegoro.

Guedhami, O., Pittman, J. A., & Saffar, W. (2009). Auditor choice in privatized firms: Empirical evidence on the role of state and foreign owners. Journal of Accounting and Economics, 48(2–3), 151–171. https://doi.org/10.1016/j.jacceco.2009.08.003

Hair, J. F., Black, W. C., Babin, B. J., Anderson, & Tatham, R. L. (2010). Multivariate data analysis, Sixth ed. New Jersey: Prentice Hall.

Hartadi, B. (2009). Influence of audit fee, KAP rotation, and the reputation of auditors on audit quality in the Indonesia Stock Exchange. Journal of Economic and Finance, 16(1), 84–103.

Hope, O. K., Langli, J. C., & Thomas, W. B. (2012). Agency conflicts and auditing in private firms. Accounting, Organizations and Society, 37(7), 500–517. https://doi.org/10.1016/j.aos.2012.06.002

Houqe, M. N., Monem, R. M., & van Zijl, T. (2012). Government quality, auditor choice and adoption of IFRS: A cross country analysis. Advances in Accounting, 28(2), 307–316. https://doi.org/10.1016/j.adiac.2012.09.013

Ikatan Akuntan Indonesia. (2013). PSAK No. 1 (Revisi 2013).

Indriantoro, N., & Supomo, B. (2012). Metodologi penelitian bisnis (edisi kedua). Yogyakarta: BPFE-Yogyakarta.

Institut Akuntan Publik Indonesia. (2013). Standar Audit SA 200.

James, I. O., & Izien, O. F. (2014). Audit firm characteristics and audit quality in Nigeria. International Journal of Business and Economics Research, 3(5), 187–195. https://doi.org/10.11648/j.ijber.20140305.14

Karim, A. W., & Zijl, T. Van. (2013). Efficiency and opportunism in auditor quality choice in emergin audit services markets: The case of Bangladesh. International Journal of Accounting & Information Management, 21(3), 241–256. https://doi.org/10.1108/IJAIM-08-2011-0027

Lin, Z. J., & Liu, M. (2009). The impact of corporate governance on auditor choice: Evidence from China. Journal of International Accounting, Auditing and Taxation, 18(1), 44–59. https://doi.org/10.1007/s10997-017-9386-4

Liu, C. L., & Lai, S. M. (2012). Organizational complexity and auditor quality. Corporate Governance: An International Review, 20(4), 352–368. https://doi.org/10.1111/j.1467-8683.2012.00914.x

Menteri Keuangan Republik Indonesia. (2003). Keputusan Menteri Keuangan Republik Indonesia No. 359/KMK.06/2003.

Menteri Keuangan Republik Indonesia. (2008). Peraturan Menteri Keuangan No. 17/PMK.01/2008.

Mgbame, C. O., Eragbhe, E., & Osazuwa, N. P. (2012). Audit partner tenure and audit quality: An empirical analysis. European Journal of Business and Management, 4(7), 653–676. https://doi.org/10.1037/a0019522

Myers, J. N., Myers, L. A., & Omer, T. C. (2003). Exploring the term of the auditor-client relationship and the quality of earnings: A case for mandatory auditor rotation? The Accounting Review, 78(3), 779–799.

Palmrose, Z.-V. (1986). Audit fees and auditor size: Further evidence. Journal of Accounting Research, 24(1), 97. https://doi.org/10.2307/2490806

Pramesti, I. G. A. R., & Wiratmaja, I. dewa N. (2017). Pengaruh fee audit, profesionalisme pada kualitas audit dengan kepuasan kerja sebagai pemediasi. E-Jurnal Akuntansi Universitas Udayana, 18(1), 616–645.

Pusat Pembinaan Profesi Keuangan. (2017). Laporan Tahunan 2017. Kementerian Keuangan Republik Indonesia Sekretariat Jenderal.

Rahmina, L. Y., & Agoes, S. (2014). Influence of auditor independence, audit tenure, and audit fee on audit quality of members of capital market accountant forum in Indonesia. Procedia - Social and Behavioral Sciences, 164(August), 324–331. https://doi.org/10.1016/j.sbspro.2014.11.083

Revier, E., & Schroe, R. (2009). Determinants of auditor choice. Published Thesis.

Suseno, N. S. (2013). An empirical analysis of auditor independence and audit fees on audit quality. International Journal of Management and Business Studies, 3(3), 82–87.

Sutrisni, N. K., & Wirakusuma, M. G. (2017). Pengaruh fee audit, pengalaman auditor dan due professional care pada kualitas audit. E-Jurnal Akuntansi Universitas Udayana, 21(3), 1933–1962.

Tobi, B. A., Osasrere, A. O., & Emmanuel, U. (2016). Auditor’s independence and audit quality: A study of selected deposit money banks in Nigeria. International Journal of Finance and Accounting, 5(1), 13–21. https://doi.org/10.5923/j.ijfa.20160501.02

Wang, B., & Xin, Q. (2011). Auditor choice and accruals patterns of cross-listed firms. China Journal of Accounting Research, 4(4), 233–251. https://doi.org/10.1016/j.cjar.2011.09.002

Yuniarti, R. (2011). Audit firm size, audit fee and audit quality. Presentation, American.

Zureigat, Q. M. (2011). The effect of ownership structure on audit quality: Evidence from Jordan. International Journal of Business and Social Science, 2(10), 38–46. https://doi.org/10.1080/13547860.2011.564755


Refbacks

  • There are currently no refbacks.


Copyright (c) 2019 Hendi Hendi, Desiana Desiana

Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.

Published by LLDIKTI Wilayah X

Khatib Sulaiman Street Padang
West Sumatera, Indonesia
Phone: +62751705637
Fax: +62751705637
Email: [email protected]

E ISSN 2477-7862