Determinants of Going Concern Audit Opinion With Audit Committee As a Moderating Variable
Keywords:
Going Concern Audit Opinion, Financial Distress, Audit Committee, Leverage, Audit QualityAbstract
This study examines the acceptance of going concern opinions in companies suspended by the Indonesia Stock Exchange, reflecting deteriorating financial conditions and high business continuity risk. It analyzes the influence of audit quality, financial distress, leverage, and audit committee on going concern audit opinion, with the committee also playing a moderating role. Using SEM-PLS, 16 samples from 58 suspended companies were studied. Results show audit quality and leverage do not affect going concern audit opinions, as auditors accept high leverage if debt management is good. Financial distress and the audit committee positively influence going concern opinions; financial difficulties raise the risk of business failure, and active audit committee meetings signal strong governance and company issues. However, the audit committee does not moderate relationships between audit quality, financial distress, leverage, and going concern opinions. Financial distress and the audit committee are the strongest factors influencing companies to receive going concern opinions. This highlights the critical role of financial health and governance in auditor assessments of company viability.
References
Adi, Jimi Uji Wijayanto. (2011). Pengaruh Dewan Direksi, Dewan Komisaris, Dan Komite Audit Terhadap Penerimaan Opini Audit Going Concern (Studi Pada Perusahaan Manufaktur Yang Terdaftar Di BEI. Skripsi. Fakultas Ekonomi, Universitas Brawijaya Malang.
Alhumoudi, H. (2024). The Impact Of Audit Committee Characteristics On Financial Reporting Quality: Evidence From Saudi Arabia. International Journal Of Professional Business Review, 9(5), E4644. Https://Doi.Org/10.26668/Businessreview/2024.V9i5.4644
Alimah, S. N., & Istanti, S. L. W. (2023). Pengaruh Ukuran Perusahaan, Likuiditas, Leverage, Dan Profitabilitas Terhadap Penerimaan Opini Audit Going Concern. Jrak (Jurnal Riset Akuntansi Dan Bisnis), 9(2), 299–312. Https://Doi.Org/10.38204/Jrak.V9i2.1279
Ardiyanti, N. L. P. H. A., Putra, I. G. C., & Santosa, M. E. S. (2021). Pengaruh kualitas audit, financial distress, rentang waktu penyelesaian audit dan good corporate governance terhadap penerimaan opini audit going concern. Kumpulan Hasil Riset Mahasiswa Akuntansi (KHARISMA), 3(1).
Brigham, E. F., & Daves, P. R. (2010). Intermediate financial management (10th ed.). South-Western Cengage Learning.
Čular, M., Slapničar, S., Vuko, T. (2020), The effect of internal auditors’ engagement in risk management consulting on external auditors’ reliance decision. European Accounting Review, 29(5), 999-1020.
DeFond, M., & Zhang, J. (2014). A review of archival auditing research. Journal of Accounting and Economics, 58(2-3), 275-326. https://doi.org/10.1016/j.jacceco.2014.09.002
Dewi, I. G. A. A. O., & Premashanti, N. M. N. (2020). Pengaruh Reputasi Kantor Akuntan Publik, Keberadaan Komite Audit, Dan Prior Opinion Terhadap Pemberian Opini Audit Going Concern Pada Perusahaan Manufaktur Di Bursa Efek Indonesia. Statera: Jurnal Akuntansi Dan Keuangan, 2(2), 133–142. Https://Doi.Org/10.33510/Statera.2020.2.2.133-142
Forum for Corporate Governance in Indonesia / FCGI. (2001). Peran Dewan Komisaris dan Komite Audit dalam Pelaksanaan Corporate Governance. Jakarta: Forum for Corporate Governance in Indonesia.
Febriati, E., & Achmad, K. (2023). Pengaruh Kondisi Keuangan Terhadap Pemberian Opini Audit Going Concern Dengan Auditor Bereputasi Sebagai Variabel Moderasi (Studi Empiris Pada Perusahaan Sektor Infrastruktur Yang Terdaftar Di Bursa Efek Indonesia Tahun 2020-2022). Reviu Akuntansi, Keuangan, dan Sistem Informasi, 3(1), 139–150. https://doi.org/10.21776/reaksi.2024.3.1.244
Ginting, W. A. (2018). Analisis Faktor-Faktor Yang Mempengaruhi Opini Audit Going Concern. Jurnal Rekayasa Keuangan, Syariah & Audit (Reksa), 5(1).
Grice, J. S., & Dugan, M. T. (2003). Re-estimations of the zmijewski and ohlson bankruptcy prediction models. Advances in Accounting,
, 77–93.
Halim, K. I. (2021). Pengaruh Leverage, Opini Audit Tahun Sebelumnya, Pertumbuhan Perusahaan, Dan Ukuran Perusahaan Terhadap Opini Audit Going Concern. Owner, 5(1), 164–173. Https://Doi.Org/10.33395/Owner.V5i1.348
Hanif, A. F., Amalia, F. A., & Wicaksono, A. P. N. (2023). Factors Influencing Audit Opinion Going Concern. Journal Of Accounting And Finance Management, 4(5), 343–354. Https://Doi.Org/10.38035/Jafm.V4i5.269
Idawati, W., Khasanah, U., & Widarsono, A. (2024). Analysis Opinion Audit Going Concern: Does Audit Committee Could Make It Better? Jurnal Aset (Akuntansi Riset), 16(2), 361–372. Https://Doi.Org/10.17509/Jaset.V16i2
Ikatan Akuntan Indonesia. (2019). Pernyataan Standar Akuntansi Keuangan (PSAK). Jakarta: Ikatan Akuntan Indonesia.
Ikatan Akuntan Indonesia. 2011. Standar Profesional Akuntan Publik (SPAP) seksi 341: Pertimbangan Auditor akan Kemampuan Entitas dalam Mempertahankan Kelangsungan Hidupnya. Jakarta: Salemba Empat
Ikatan Akuntan Indonesia. (2021). Pernyataan Standar Auditing (PSA) 570 (Revisi 2021): Kelangsungan usaha. Jakarta: Dewan Standar Profesional Akuntan Publik, Ikatan Akuntan Indonesia.
Jamil, N. N., & Wahyuni, E. T. (2025). Audit Committee Effectiveness And Environmental, Social And Governance Rating In Malaysia. International Journal Of Economics And Financial Issues, 15(1), 272–279. Https://Doi.Org/10.32479/Ijefi.17626
Kusumawardhani. (2018). Pengaruh Kondisi Keuangan, Financial Distress, Profitabilitas, dan Ukuran Perusahaan terhadap Opini Audit Going Concern . Buletin Ekonomi Vol.16, No. 1, 1-136.
Lestari, P. G., & Budianti, N. (2024). Pengaruh Ukuran Perusahaan, Kualitas Audit Dan Audit Delay Terhadap Penerimaan Opini Audit Going Concern (Studi Empiris Pada Perusahaan Pertambangan Yang Terdaftar Di Bursa Efek Indonesia Periode 2019 – 2021). Informatic, Science, Enterprenuer, Aplied Art, Research, Humanism (In Search), 23(1), 12–25. Https://Doi.Org/10.37278/Insearch.V23i1.837
Luan, F., Zhang, Z., & Chen, Y. (2025). Audit quality and digitalisation in shaping firm innovation strategy: Evidence from China. Technology in Society, 1–12. https://doi.org/10.1016/j.techsoc.2024.102807
Minerva, Lydia, dkk. 2020. Pengaruh Kualitas Audit, Debt Ratio, Ukuran Perusahaan dan Audit Lag Terhadap Opini Audit Going Concern (Studi pada Perusahaan Manufaktur yang Terdaftar Di Bursa Efek Indonesia periode 2015-2017). Riset & Jurnal Akuntansi. Vol. 4, No. 1, Hal. 254-266.
Muchayatin, M., & Lupita, H. E. (2022). Analisis Faktor-Faktor Yang Menentukan Penerbitan Opini Audit Going Concern. Jurnal Akuntansi Dan Teknologi Keuangan, 1(1), 11–19. Https://Doi.Org/10.56854/Atk.V1i1.55
Nathasia, S., & Iskak, J. (2024). Analisis Pengaruh Kualitas Auditor, Roa, Der Terhadap Opini Audit Going Concern Pada Perusahaan Manufaktur Client Kantor Akuntan Publik Xxx. Jurnal Bisnis Dan Ekonomi, 2(3), 436–454. Https://Doi.Org/10.61597/Jbe-Ogzrp.V2i3.50
Nuresa, A., & Hadiprajitno, B. (2013). Pengaruh Efektivitas Komite Audit Terhadap Financial Distress. Diponegoro Journal of Accounting, 0, 835-844. Retrieved from https://ejournal3.undip.ac.id/index.php/accounting/article/view/3354
Otoritas Jasa Keuangan. (2015). Peraturan Otoritas Jasa Keuangan (POJK) Nomor 55/POJK.04/2015 tentang Pembentukan dan Pedoman Pelaksanaan Kerja Komite Audit.Jakarta : OJK.
Platt, H. D., & Platt, M. B. (2002). Predicting Corporate Financial Distress: Reflections on Choice-Based Sample Bias. In Journal Of Economics And Finance O (Vol. 26).
Pulungan, S. M., Suci, R. G., & Sari, D. P. P. (2024). Pengaruh Kepemilikan Manajerial, Reputasi Kap Dan Komite Audit Terhadap Opini Audit Going Concern Pada Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia Tahun 2021-2022. Jurnal Ekonomi, Manajemen, Akuntansi (Ekoma), 4(1), 1370–1378. Https://Doi.Org/10.56799/Ekoma.V4i1.4904
Putri, N. A., & Hariani, S. (2024). Determinan Opini Audit Going Concern: Ukuran Perusahaan Sebagai Variabel Moderasi Menggunakan Logistics Regression Analysis. Jurnal Economina, 3(1), 1–14. Https://Doi.Org/10.55681/Economina.V3i1.1118
Putri, S., & Lastanti, H. S. (2023). Pengaruh Financial Distress Dan Real Activity Manipulation Terhadap Pemberian Opini Audit Going Concern Dengan Profitabilitas Sebagai Variabel Moderasi. Jurnal Ekonomi Trisakti, 3(1), 1989–1998. Https://Doi.Org/10.25105/Jet.V3i1.16478
Ramadhani, D. L. (2023). Pengaruh Likuiditas, Profitabilitas, Solvabilitas, Ukuran Perusahaan, Dan Kualitas Audit Terhadap Opini Audit Going Concern (Studi Empiris Pada Perusahaan Sektor Energi Yang Terdaftar Di Bursa Efek Indonesia Periode 2017 – 2021). Jurnal Relevansi : Ekonomi, Manajemen Dan Bisnis, 7(2), 143–156. Https://Doi.Org/10.61401/Relevansi.V7i2.107
Samaah, H. F., & Laela, S. F. (2022). Kesulitan Keuangan Dan Opini Audit Going Concern: Peran Moderasi Tata Kelola Perusahaan. Jurnal Ilmiah Manajemen, Ekonomi, & Akuntansi (Mea), 6(3), 804–828. Https://Doi.Org/10.31955/Mea.V6i3.2385
Setyorini, I., & Rahayu, I. (2024). Akurasi Model Prediksi Financial Distress Pada Perusahaan Sektor Infrastruktur. Jurnal Aplikasi Bisnis, 21(2), 602–609. Https://Doi.Org/10.20885/Jabis.Vol21.Iss2.Art2
Singhania, A. K., & Panda, N. M. (2025). Does Audit Committee Composition Influence Firm Performance? Evidence Fromthetop Nse-Listed Non-Financial Companies Of India. Asian Journal Ofaccounting Research, 10(1), 2–18. Https://Doi.Org/0.1108/Ajar-10-2023-0333
Spence, M. (1973). Job Market Signaling. The Quarterly Journal of Economics, 87(3), 355–374
Sugiyono, (2017). Metode Penelitian Kuantitatif, Kualitatif, dan R&D. Bandung: CV. Alfabeta
Tamida, S. L., Budiantoro, H., & Lapae, K. (2022). Pengaruh Profitabilitas, Debt Default Dan Audit Tenure Terhadap Penerimaan Opini Audit Going Concern Dengan Ukuran Perusahaan Sebagai Variabel Moderasi. Jurnal Riset Akuntansi Aksioma, 21(2), 175–188. Https://Doi.Org/10.29303/Aksioma.V21i2.178
Taqdis, F. O. C., Maemunah, M., & Hernawati, N. (2025). Pengaruh Company Growth Dan Leverage Terhadap Opini Audit Going Concern. Bandung Conference Series: Accountancy, 5(1), 213–222. Https://Doi.Org/10.29313/Bcsa.V5i1.16436
Vieira, C. A. M., & Machado, M. A. V. (2024). Audit Quality And Sentiment Biases In Going-Concern Opinions. Revista Contabilidade & Finanças, 35(96), E1965. Https://Doi.Org/10.1590/1808-057x20241965.En
Zmijewski, M. E. (1984). Methodological Issues Related to the Estimation of Financial Distress Prediction Models. Journal of Accounting
Research, 22, 59–82
Bursa Efek Indonesia / www.idx.co.id
www.idnfinancials.com/id/
Downloads
Published
Issue
Section
License
Copyright (c) 2026 Arfandi Arfandi, Dwi Prastowo Darminto, Sailendra Sailendra, Syahril Djaddang (Author)
This work is licensed under a Creative Commons Attribution 4.0 International License.
Simposium Ilmiah Akuntansi under the terms of a Creative Commons Attribution 4.0 International License / CC BY 4.0 This license permits anyone to copy and redistribute this material in any form or format, compose, modify, and make derivative works of this material for any purpose, including commercial purposes, so long as they include credit to the Author of the original work.
