Title: THE INFLUENCE OF ABNORMAL AUDIT FEES AND AUDIT TENURE ON THE RESTATEMENT OF FINANCIAL STATEMENTS
Author: HELMY AULIA RACHMAN
Affiliations: Masters Program in Accounting, Faculty of Economics and Business, Universitas Airlangga , Surabaya, Indonesia
Publisher: Universitas Airlangga
Abstract
This research aims to examine the influence of abnormal audit fees and audit tenure on the restatement of the future of the manufacturing sector listed on the Indonesian stock exchange in the 2012-2016 period. The hypothesis in this research will be tested using logistic regression analysis. The sampling technique used purposive sampling and obtained a sample of 616 companies for five years. The research results show that abnormal audit fees and audit tenure have a significant negative effect on restatement. These results are consistent with previous research which finds that abnormal audit fees and audit tenure are negatively related to future restatements. These findings conclude that low abnormal audit fees will reflect low audit effort or too low audit risk in the current period, which will lead to a high level of restatement of financial statements in the future. Likewise, the longer the auditor carries out the audit engagement, the lower the level of restatement in the future. future
Keywords: Abnormal Audit Fee, Audit Tenure, Restatement
Sources: http://repository.unair.ac.id/80370/
