The Effect of Return on Asset (RoA), Earning Management and Audit Committee on Audit Delay with Managerial Ownership as a Moderating Variable

  • Dian Sadewo Universitas Islam Riau, Pekanbaru, Indonesia
  • Dian Saputra Universitas Islam Riau, Pekanbaru, Indonesia
Keywords: Audit Delay; ROA; Management of Earnings; Audit Committee.


This study looks into the effects of return on asset (RoA), earnings management, and the audit committee on audit delay, with managerial ownership acting as a moderating variable. Committee of AuditsBetween 2020 and 2022, this study was carried out at property and real estate companies that were listed on Indonesia's stock exchange. Audited financial accounts serve as the source of secondary data that is used. Partial Least Square Structural Equation Modeling (SEM-PLS) is the data analysis method used. The findings demonstrated that, although profitability and earning management had a major impact on audit delay, the Committee on Audit had no discernible impact and was bolstered by managerial ownership as a mitigating factor.


Annisa, A., & Rahmizal, M (2021). Pengaruh Ukuran Perusahaan, Profitabilitas dan Auditor Switching Terhadap Audit Delay Pada Bursa Efek Indonesia. Ekonomi, Keuangan, Investasi dan Syariah (EKUITAS), 3(2), 135–139.

Aprilia, R., & Cahyonowati, N (2022). Faktor - Faktor Yang Mempengaruhi Audit Delay Pada Perusahaan Go Publik Yang Terdaftar Di Bursa Efek Indonesia (Studi Empiris Pada Perusahaan Properti dan Real Estate Yang Terdaftar di Bursa Efek Indonesia Tahun 2018-2020). Menara Ilmu, 16(2), 1–15.

Ashton, R. H., Willingham, J. J., Elliott, R. K., & Elliotttt, R. K (1987). An Empirical Analysis of Audit Delay. Conditions Journal of Accounting Research, 25(2), 275–292.

Aubert, F (2011). Determinants of Corporate Financial Disclosure Timing: The French Empirical Evidence. SSRN Electronic Journal, 1(3), 53–60.

Bangun, N (2019). The Effect of Earning Management, Profitability, and Firm Size on Audited Financial Statement Timeliness. International Journal of Innovative Science and Research Technology, 4(7), 49–59.

Bens, D. A., Nagar, V., Skinner, D. J., & Wong, M. H. F (2003). Employee stock options, EPS dilution, and stock repurchases. Journal of Accounting and Economics, 36(1-3 SPEC. ISS.), 51–90.

Che-Ahmad, A., & Abidin, S (2009). Audit Delay of Listed Companies: A Case of Malaysia. International Business Research, 1(4).

Dechow, P. M., Sloan, R. G., & Sweeney, A. P. (1995). Detecting earnings management. Accounting review, 193-225.

Ezat, A. N. M. (2015). Financial Statements Timeliness and Real Earnings Management in the Egyptian. Retrieved from:

Fakhfakh, I., & Jarboui, A (2022). Earnings management and audit report lag: The role of audit risk-Tunisian evidence. Journal of Accounting and Management Information Systems, 21(1), 113–135.

Habib, A., Bhuiyan, M. B. U., Huang, H. J., & Miah, M. S (2019). Determinants of audit report lag: A meta-analysis. International Journal of Auditing, 23(1), 20–44.

Hair, J. F., Howard, M. C., & Nitzl, C (2020). Assessing measurement model quality in PLS-SEM using confirmatory composite analysis. Journal of Business Research, 109(November 2019), 101–110.

Haryani, J., & Wiratmaja, I. D. N (2014). Pengaruh Ukuran Perusahaan, Komite Audit, Penerapan Dan International Financial Reporting Standards Dan Kepemilikan Publik Pada Audit Delay. E-Jurnal Akuntansi Universitas Udayana, ISSN: 2302-8556, 6(1), 63–78.

Healy, P. M., & Wahlen, J. M (1999). A Review of the Earnings Management Literature and Its. Accounting Horizons, 13(4), pp.365-383.

Hidayat, R. N., Sabri, L. M., & Awaluddin, M (2019). Analisis desain jaring GNSS berdasarkan fungsi presisi (studi kasus: Titik geoid geometri Kota Semarang). Jurnal Geodesi Undip, 8(1), 48–55.

Jensen, M., & Meckling, W (2019). Racial diversity and its asymmetry within and across hierarchical levels: The effects on financial performance. Human Relations, 72(10), 1671–1696.

Joosten, T., Pasquini, L. A., & Harness, L (2013). Guiding social media at our institutions. . Society for College and University Planners – Integrated Planning for Higher Education, 41(2), 1–11.

Karina, T., & Julianto, W (2022). Pengaruh Financial Distress, Audit Complexity dan Kompleksitas Operasi Terhadap Audit Delay. Veteran Economics, Management, & Accounting Review, 1(1), 121–132.

Lajmi, A., & Yab, M (2022). The impact of internal corporate governance mechanisms on audit report lag: evidence from Tunisian listed companies. EuroMed Journal of Business, 17(4), 619–633.

Lee, H.-Y., Mande, V., & Son, M (2009). Do Lengthy Auditor Tenure and the Provision of Non-Audit Services by the External Auditor Reduce Audit Report Lags? International Journal of Auditing, 13(2), 87–104.

Lee, Y.-C., & Lu, C.-C (2015). Is Earnings Information Superior to Net Income as a Measure of Future Earnings? A Study on Accruals and Real Earnings Management. International Journal of Financial Research, 6(1).

Luypaert, M., Van Caneghem, T., & Van Uytbergen, S (2016). Financial statement filing lags: An empirical analysis among small firms. International Small Business Journal: Researching Entrepreneurship, 34(4), 506–531.

Nelwan, M. L., Simatupang, C., & Tansuria, B. I (2020). Value Relevance of Accounting Information in the Presence of Earnings Management. Jurnal Reviu Akuntansi Dan Keuangan, 10(2), 321.

Park, H. J., & Choi, J (2023). Financial Distress and Audit Report Lags: An Empirical Study in Korea. Gadjah Mada International Journal of Business, 25(3), 301–326.

Praptika, P., & Rasmini, N (2016). Pengaruh Audit Tenure, Pergantian Auditor Dan Financial Distress Pada Audit Delay Pada Perusahaan Consumer Goods. E-Jurnal Akuntansi, 15(3), 2052–2081.

Rachmawati, S (2008). Pengaruh Faktor Internal dan Eksternal Perusahaan Terhadap Audit Delay dan Timeliness. Jurnal Akuntansi Dan Keuangan, 10(1), 1–10. 1-10

Rosalia, N., Sukesti, F., & Wibowo, R. E (2018). Effect of Profitability, Company Size, Audit Opinion and KAP Size on Audit Delay (Study of Property and Real Estate Companies Listed on the Indonesian Stock Exchange 2014-2017) Effect of Profitability, Company Size, Audit Opinion and KAP Size. Proceedings of the Unimus Student National Seminar, 1(1), 412–417.

Saputra, J., Nurmala, Sari, E., & Astuty, W (2021). Pengaruh Pertumbuhan Perusahaan, Profitabilitas, Solvabilitas Dan Opini Audit Going Concern Tahun Sebelumnya Terhadap Opini Audit Going Concern Pada Perusahaan Pertambangan Yang Terdaftar Di Bursa Efek Indonesia. Jurnal Riset Akuntansi Dan Bisnis, 21(1), 15–25.

Sharad, A (2014). Abnormal audit delays, earnings quality and firm value in the USA. Journal of Financial Reporting and Accounting, 12–41(1), 21–41.

Suginam, S., Rohminatin, R., Olivia, H., & Yanny, A (2020). The Analysis of Factors Affect Timeliness Financial Statement of Indonesia Stock Exchange Company.

Sulistya, A. F., & Sukartha, P. D. Y (2013). Pengaruh Prior Opinion, Pertumbuhan Dan Mekanisme Corporate Governance Pada Pemberian Opini Audit Going Concern. E-Jurnal Akuntansi Universitas Udayana, 1, 17–32.

Šušak, T (2020). The effect of regulatory changes on relationship between earnings management and financial reporting timeliness: The case of COVID-19 pandemic. Zbornik Radova Ekonomskog Fakultet Au Rijeci, 38(2), 453–473.

Ukago, K (n.d.). “Faktor- Faktor yang Berpengaruh terhadap Ketepatan Waktu Pelaporan Keuangan Bukti Empiris Emiten di Bursa Efek Jakarta.”

Umami, A., Suhufa, D., Setiawan, F., Wahyudi, R., & Effriyanti (2019). Pengaruh Solvabilitas, Audit Tenure, dan Komite Audit Terhadap Audit Delay (Studi Empiris pada Perusahaan Consumer Goods yang Terdaftar di Bursa Efek Indonesia Tahun 2016-2018). Prosiding Webonar Nasional, 195–205.

How to Cite
Sadewo, D., & Saputra, D. (2024). The Effect of Return on Asset (RoA), Earning Management and Audit Committee on Audit Delay with Managerial Ownership as a Moderating Variable. International Journal of Science and Society, 6(1), 10-23.