Dampak Pandemi Covid-19 Terhadap Aktivitas Pengauditan

Widiya Anastasya Manihuruk, Sansaloni Butar Butar

Abstract


This study investigates the impact of the COVID-19 pandemic on the auditing activities of Indonesian public companies. During a pandemic auditing activities are predicted to affect the auditor's opinion regarding going concern, audit delay, audit opinion, and the decision to use Big-4 versus non-Big-4 auditors. A sample was selected from tourism and manufacturing companies from 2018-2021 due to the severe impact of COVID-19 on these two sectors. The results of the quantitative analysis show that: 1) Auditors issued more going-concern opinions during the Covid-19 pandemic. 2) Auditors spent more time completing auditing tasks during the Covid-19 pandemic. 3) The number of qualified opinions was relatively similar in the pre-pandemic period and during the Covid-19 pandemic. 4) Clients using Big-4 KAPs decreased during the pandemic. In addition, the content analysis shows: 1) More going concern audit opinions should have been issued during the pandemic than currently available. Some auditors seem to deliberately not mention explicitly the impact of Covid 19 on the continuity of the company. 2) Only a small number of companies disclose the impact of Covid 19 on the company's financial performance.

Keywords


Covid 19 Pandemi; Pengauditan; Opini Audit; Going Concern; Content Analysis

Full Text:

PDF

References


Albitar, K., Gerged, A. M., Kikhia, H. & and Hussainey, K., 2021. Auditing in Times of Social Distancing: The Effect of COVID-19 on Auditing Quality. International Journal of Accounting & Information Management, 29(1), pp. 169-178.

Al-Qadashi, A., Baatwah, S. R. & Omer, W. K., 2022. Audit Fees Under the COVID-19 Pandemic: Evidence from Oman. Journal of Accounting in Emerging Economies.

Arnold, C., 2020. IFAC. [Online]

Available at: https://www.ifac.org/knowledge-gateway/supporting-international-standards/discussion/summary-covid-19-audit-considerations

[Accessed 23 August 2023].

Bozec, R. & Dia, M., 2017. The monitoring function of the board and audit fees: contingent upon ownership concentration. International Journal of Accounting & Information Management, 25(1), pp. 70-90.

Bushee, B. J. & Noe, C. F., 2000. Corporate Disclosure Practices, Institutional Investors, and Stock Return Volatility. Journal of Accounting Research, Volume 38, pp. 171-202.

Chen, H., Hua, S., Liu, Z. & Zhang, M., 2019. Audit Fees, Perceived Audit Risk, and the Financial Crisis of 2008. Asian Review of Accounting, 27(1), pp. 97-111.

Chen, L., Krishnan, G. & Yu, W., 2018. The Relation Between Audit Fee Cuts During the Global Financial Crisis and Earnings Quality and Audit Quality. Advances in Accounting, Volume 43, pp. 14-31.

Decker, J., Ray, R. & Kizirian, T., 2016. The auditor’s road map for client acceptance. Journal of Business Case Studies, 12(3), pp. 99-102.

Dohrer, B. & Mayes, C., 2020. Auditing during COVID-19: 6 Areas to Focus on Practitioners and Their Clients Are Facing Challenges They Have Never Encountered Before. Journal of Accountancy, 229(5), p. 14.

Ference, S. B., 2020. Journal of Accountancy. [Online]

Available at: https://www.journalofaccountancy.com/issues/2020/dec/cpa-firm-client-acceptance-procedures.html

[Accessed 23 August 2023].

Fraenkel, J., Wallen, N. & Hyun, H., 2012. How to Design and Evaluate Research In Education. 8th penyunt. New York: McGraw Hill.

Harjoto, M. A. & Laksmana, I., 2022. The impact of COVID-19 lockdown on audit fees and audit delay: international evidence. International Journal of Accounting and Information Management, 30(4), pp. 526-545.

Hay, D., Shires, K. & Van Dyk, D., 2020. Auditing in the Time of COVID – the Impact of COVID-19 on Auditing in New Zealand and Subsequent Reforms. Pacific Accounting Review, 33(2), p. 179–188.

IAI, 2011. Pertimbangan Auditor atas Kemampuan Satuan Usaha dalam Mempertahankan Kelangsungan Hidupnya. PSA No. 30. Standar Profesional Akuntan Publik (SPAP). Jakarta: Salemba Empat.

Inchausti, B. G., 1997. The influence of company characteristics and accounting regulation on information disclosed by Spanish firms. European Accounting Review, 6(1), pp. 45-68.

Kenton, W., 2023. Investopedia. [Online] Available at: https://www.investopedia.com/terms/i/internalcontrols.asp

[Accessed 23 August 2023].

Messier, W. F., Glover, S. M. & & Prawitt, D. F., 2019. Auditing & assurance services / a systematic approach. New York: NY: McGraw-Hill/Irwin.

Moses, M. A., 2021. The Impacts of Covid-19 On Audit Practices. Thesis, Honors College: Eastern Michigan University.

Nurdiana, A., 2020. Ini sektor industri yang paling terdampak virus corona versi Moody's. [Online] Available at: https://internasional.kontan.co.id/news/

[Diakses 23 August 2023].

Tibiletti, V., Marchini, P. L., Gamba, V. & Todaro, V. C., 2022. The Impact of COVID-19 on Financial Statements Results and Disclosure: First Insights from Italian Listed Companies. Universal Journal of Accounting and Finance, 9(1), pp. 54-64.




DOI: https://doi.org/10.37058/jak.v18i2.8440

Refbacks

  • There are currently no refbacks.


Copyright (c) 2023 JURNAL AKUNTANSI

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

Creative Commons License
Jurnal Akuntansi by Jurusan Akuntansi Fakultas Ekonomi dan Bisnis Universitas Siliwangi is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
Based on a work at http://jurnal.unsil.ac.id/index.php/jak.

Jurnal Akuntansi Visitor Counter JAK Stats