Mengapa Perusahaan Manufaktur Yang Terdaftar Di Bei Melakukan Pergantian Kantor Akuntan Publik?
Ni Kadek Sinarwati,SE.,M.Si.,Ak
STIE Triatma Mulya Badung Bali
The objective of this study is to investigate the effect of going concern opinion, management changes, auditor reputation and financial distress on auditor changes. I collect the data from ICMD with employing purposive sampling. The results show that going concern opinion is insignificant for auditor changes, management changes significant to auditor changes, auditor reputation is not significant to auditor changes and financial distress is significant to auditor changes. This study concludes that going concern opinion and auditor reputation are insignificant on the auditor changes but management changes and financial distress are significant on the auditor changes.
Keywords: Going concern opinion, management changes, auditor reputation, financial distress and auditor changes.
The Indonesian government, through the Minister of Finance Decree 423/KMK.06/2008, requires companies to change accounting firm audit assignment which has got five years in a row. If the company replace the hood that has been audited for five years, it would not raise the question because it is mandatory. So that needs to be investigated is if KAP voluntary turnover (outside the WCC 423/KMK.06/2008).
The motivation of this research is to confirm the research Carcello and Neal (2003) which states that auditing often believe that they are more likely to be replaced if the issue going-concern opinion. KAP and BAPEPAM disturbed by the auditor changes are so large, while research on auditor changes are still small. The situation is causing the need for monitoring (SEC, 1988, as quoted by Haskins and Williams, 1990). The phenomenon of the turn of KAP has been found to have implications for the credibility of financial reporting and monitoring cost management activities. Therefore, this issue has been extensively studied in developed countries and is currently also still be learned through research in Asian countries like Hongkong, Singapore, Malaysia and Korea (Ismail, 2008)