Determinants of Going Concern Audit Opinion in Energy Companies

Abstrak

This study aims to analyze and obtain empirical evidence of the influence of financial
performance, audit lag, and audit quality on going concern audit opinions in energy
companies. This study is a quantitative study using secondary data sourced from
financial statements of energy companies, as well as independent auditor reports from
2018-2022. The sample determination was carried out based on the purposive
sampling method so that 36 energy companies were obtained. This study uses the
logistic regression method. The results exhibit that financial performance and audit
quality negatively affect going concern audit opinions. An increase in financial
performance and audit quality lead to a decrease in the probability of going concern
audit opinions. Conversely, audit lag positively effect going concern audit opinions. A
longer audit process increases in the probability of going concern audit opinions.