The Effects of Profitability, Liquidity and Company Growth on Going Concern Audit Opinion
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Published:
Aug 30, 2023
Keywords:
Profitability, Liquidity, Company Growth, Audit Opinion Going Concern
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Articles
Statistics Article
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Abstract
This research was conducted on manufacturing companies listed on the IDX in 2019. The purpose of this study was to see the effect of Profitability, Liquidity and Company Growth on Going Concern Audit Opinions. The purpose of this study is to determine the effect of profitability, liquidity and company growth on the Going Concern audit opinion of manufacturing companies listed on the IDX in 2019 . The population in this research is manufacturing companies listed on the IDX in 2019, with a sample of 32 companies. The type of research data used is secondary data. Sampling technique using purposive sampling method. The research design uses descriptive and associative methods. The results of the (partial) influence calculation can be seen from the results of the -2 Log likelihood value of 14.412 with the Cox&Snell R Square value of 0.341 (34.1%) and the value of Negelkerke R Square of 0.588 (58.8%). This means that the independent variables namely Profitability, Liquidity and Company Growth are able to explain the variation of the dependent variable namely Going Concern Audit Opinion of 58.8% while the rest is explained by other factors outside this study. The research results can be seen from the results of the chi-square value of 13.326 with a df of 3 and significance has a probability value of 0.004 which is smaller than 0.05 so that hypothesis 3 is accepted. It can be concluded that Profitability, Liquidity and Company Growth have a negative effect simultaneously on the Going Concern Audit Opinion.
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How to Cite
Shiyammurti, N. R. (2023). The Effects of Profitability, Liquidity and Company Growth on Going Concern Audit Opinion. ProBisnis : Jurnal Manajemen, 14(4), 185–194. https://doi.org/10.62398/probis.v14i4.259
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Sugiyono. (2017). Quantitative Research Methods, Qualitative and R&D. Bandung: Alphabet.
Surbakti, MY (2011). FACTORS AFFECTING THE RECEIVING OF GOING CONCERN AUDIT (Empirical Study of Manufacturing Companies on the Indonesia Stock Exchange). Undergraduate Thesis, Faculty of Economics, UNDIP, 1-45. Retrieved from http://eprints.undip.ac.id/29053/
Suwardika, IA, & Mustanda, IK (2017). THE EFFECT OF LEVERAGE, COMPANY SIZE, COMPANY GROWTH, AND PROFITABILITY ON COMPANY VALUE IN PROPERTY COMPANIES. Unud Management E-Journal, 6, 1248-1277. Retrieved from https://ojs.unud.ac.id/index.php/Manajemen/article/view/27276
Utami, MA, Sari, MM, & Astika, IB (2017). THE ABILITY OF PRIOR OPINION TO MODERATE THE INFLUENCE OF PROFITABILITY, LEVERAGE, COMPANY GROWTH AND ACTIVITY RATIO ON GOING CONCERN AUDIT OPINION. Udayana University Economics and Business E-Journal 6.7, 2862.
Andhika. (2020). List of Food and Beverage Companies Listed on the IDX. Picked 2021, from miracle.co.id: https://ajaib.co.id/register-enterprise-food-and-beverage-yang-terregistered-di-bei/
Arens, A., Randal, J., & Mark, S. (2015). Auditing and Services Assurance Integration Approach (15th ed.). Jakarta: Erlangga.
Fadilah, I. (2013). The Influence of Bankruptcy Rate According to the Altman Model and Previous Year's Audit Opinion on Acceptance of Going Concern Audit Opinion (Empirical Study of Manufacturing Companies Listed on the IDX 2009-2011). FEB Student Scientific Journal, 1-20. Retrieved from https://jimfeb.ub.ac.id/index.php/jimfeb/article/view/865/789
Farhana, CD, Susila, GA, & Suwendra, I. (2016). THE EFFECT OF INVENTORY TURNOVER AND SALES GROWTH ON PROFITABILITY AT PT AMBARA MADYA SEJATI IN SINGARAJA 2012-2014. e-Journal of Bisma Ganesha University of Education, 4, 1-10.
Fauzi, MN, & Suhadak. (2015). THE EFFECT OF DIVIDEND POLICY AND COMPANY GROWTH ON CAPITAL STRUCTURE AND PROFITABILITY (Study of the Mining Sector Listed on the Indonesia Stock Exchange Period 2011-2013). Journal of Business Administration, 1-10. Retrieved from http://administrasibisnis.studentjournal.ub.ac.id/index.php/jab/article/view/956/1138
Ginting, S., & Suryana, L. (2014). ANALYSIS OF FACTORS AFFECTING GOING CONCERN AUDIT OPINIONS IN MANUFACTURING COMPANIES IN THE INDONESIA STOCK EXCHANGE. Journal of Microskil Economic Wira, 04, 112.
Harapan, SS (2015). Critical Analysis of Financial Statements (1-10 ed.). Jakarta: Rajawali Press.
Harry. (2016). Financial Ratio For Business. Jakarta: PT Grasindo.
Hery, SM (2016). AUDITING AND ASSURANCE Accounting Examination Based on International Auditing Standards. (AdiPramono, Edit.) Jakarta: PT Grasindo.
H orngren, CW, & Suwardy, T. (2013). Financial Accounting-IFRS Edition, Eighth Edition, Volume 2. Jakarta: Erlangga.
IAI, IA (2011). Public Accountant Professional Standards. Jakarta: Salemba 4.
Indonesian Accounting Association. (2012). Financial Accounting Standards. Jakarta: Salemba Empat.
Priest, G. (2018). Multivariate Analysis Application with SPSS 25 Program. Semarang: Diponegoro University Publishing Agency.
Jusup. (2011). Fundamentals of Accounting. Yogyakarta: YKPN College of Economics.
Jusup, AH (2014). Auditing (ISA Based Auditing). Yogyakarta: YPKN College of Management.
Kasmir, D. (2019). Analysis of Financial Statements (Revised ed.). Depok: PT RajaGrafindo Persada.
Kurniasih, T., & Maria, M. (2012). Effect of Return on Assets, Leverage, Corporate Governance, Firm Size and Fiscal Loss Compensation on Tax Avoidance. Journal of the Faculty of Economics, Udaya University, 58-66.
Lantip, S. (2016). Proficient in Accounting for Services and Trade Companies. Yogyakarta: Kalimedia.
Martani, D., Veronika, S., Whardani, R., Farahmita, A., & Tanujaya, E. (2012). PSAK-Based Intermediate Financial Accounting. Jakarta: Salemba Empat.
Mulyadi. (2014). Auditing (6th ed.). Jakarta: Salemba Empat.
Prastowo. (2015). Financial Statement Analysis. Yogyakarta: UPP STIM YKPN.
Prastowo, A. (2011). Qualitative Research Methods in Research Design Perspective. Yogyakarta: Ar-Ruzz Media.
Purwaji, A., Wibowo, & Murtano, H. (2016). Introduction to Accounting 1 Edition 2. South Jakarta: Salemba Empat.
Rahmani, H., & Hikmawati, E. (2020). Combining SDLC Method and ITIL Framework by Involving Auditors. AKSI Journal (Accounting and Information Systems), 5(1).
Rahmani, HF, & Rahayu, N. (2022, July). The Effect of the Role of Internal Audit and Internal Control on the Prevention of Fraud in the Pasim Group in the Bandung Region. In National Seminar on Economic and Business Research (Vol. 1, No. 1).
Saifudin, A. (2016). THE EFFECT OF COMPANY SIZE, PROFITABILITY, LIQUIDITY, SOLVENCY, AND COMPANY GROWTH ON GOING CONCERN AUDIT OPINION (Empirical Study of Manufacturing Companies Listed on the Indonesia Stock Exchange (IDX) in 2011-2014). THESIS Muhammadiyah University of Surakarta, 1-19.
Sajiwo, S. (2016). FACTORS AFFECTING THE TRENDS OF RECEIVING GOING CONCERN AUDIT OPINIONS IN MANUFACTURING COMPANIES (Empirical Study of Manufacturing Companies Listed on the Indonesia Stock Exchange Period 2010-2014). THESIS Muhammadiyah University of Surakarta, 1-24.
Satriana, GC (2017). THE INFLUENCE OF LIQUIDITY, SALES GROWTH, WORKING CAPITAL EFFICIENCY, AND LEVERAGE ON PROFITABILITY (Case Study at PT. Kereta Api Indonesia (Persero) 2008-2014). Thesis thesis, Mercu Buana University Yogyakarta, 1-30.
Soedibjo, BS (2017). Introduction to Research Methods. Bandung: Pasim National University.
Sugiyono. (2017). Quantitative Research Methods, Qualitative and R&D. Bandung: Alphabet.
Surbakti, MY (2011). FACTORS AFFECTING THE RECEIVING OF GOING CONCERN AUDIT (Empirical Study of Manufacturing Companies on the Indonesia Stock Exchange). Undergraduate Thesis, Faculty of Economics, UNDIP, 1-45. Retrieved from http://eprints.undip.ac.id/29053/
Suwardika, IA, & Mustanda, IK (2017). THE EFFECT OF LEVERAGE, COMPANY SIZE, COMPANY GROWTH, AND PROFITABILITY ON COMPANY VALUE IN PROPERTY COMPANIES. Unud Management E-Journal, 6, 1248-1277. Retrieved from https://ojs.unud.ac.id/index.php/Manajemen/article/view/27276
Utami, MA, Sari, MM, & Astika, IB (2017). THE ABILITY OF PRIOR OPINION TO MODERATE THE INFLUENCE OF PROFITABILITY, LEVERAGE, COMPANY GROWTH AND ACTIVITY RATIO ON GOING CONCERN AUDIT OPINION. Udayana University Economics and Business E-Journal 6.7, 2862.