The Effect of Company Size, Profitability and Audit Committee on Audit Delays in Property and Real Estate Companies Listed on the Indonesian Sharia Stock Index (ISSI) in 2022-2024
Keywords:
Audit Delay, Company Size, Profitability, Audit Committee
Abstract
This study aims to analyze the influence of company size, profitability, and audit committee on audit delays in property and real estate companies listed on the Indonesian Sharia Stock Index (ISSI) in 2022–2024. Audit delay is the time difference between the closing date of the company's financial year and the date of issuance of the audit report, which reflects the timeliness of the delivery of financial information to stakeholders. This study uses a quantitative approach with the purposive sampling method, so that a sample of companies that have experienced delays in publishing annual financial statements during the research period is obtained. The data used is secondary data in the form of annual financial statements obtained from the Indonesia Stock Exchange. The data analysis technique used was multiple linear regression analysis with the help of statistical software, namely Eviews 12. The results showed that partially company size, profitability and audit committee had no effect on audit audit while simultaneously company size, profitability and audit committee had an effect on audit delay. Thus, the results of this study are expected to provide empirical evidence regarding the factors that affect audit delays and become a consideration for company management in improving the timeliness of financial reporting. In addition, this research is also expected to be a reference for investors and related parties in making economic decisions based on sharia principles.References
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Alfiani, D., & Putri, P. N. (2020). The Influence of Company Size, Profitability, Solvency and Reputation of Public Accounting Firms on Audit Delay. Journal of Technopreneurship on Economics and Business Review, 1(2). https://doi.org/10.37195/JTEBR.V1I2.39
Andini, P., Lintas & Arif, E. M. (2025). The Effect of Profitability, Auditor Reputation, and Audit Committee on Audit Delay in Healthcare Sub-Sector Companies Listed on the Indonesia Stock Exchange for the 2016-2023 Period. Journal of Accounting, 18(1), 52-73. https://ejournal.borobudur.ac.id/index.php/akuntansi/article/view/1683
Anggraini, L., & Praptiningsih. (2022). The Effect of Audit Opinion, Audit Committee, and Financial Distress on Audit Delay with Moderation Variables. Accounting Student Research Journal, 1(1), 117-133. https://ejournal.upnvj.ac.id/asrj/article/view/4757
Armand, Wishnu, K., Bambang, L. H., & Felicia. (2020). Factors Affecting Audit Delay in Manufacturing Companies. Journal of Applied Finance & Accounting. https://doi.org/10.21512/jafa.v7i2.6382
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Effendi, M. A. (2009). Theory and Practice of the Power of Good Corporate Governance. Jakarta: Four Salemba.
Erfan, M., Puspita, D. R., & Mamun, S. (2023). The Influence of Audit Opinion, Cap Reputation, Company Size, Solvency, Profitability, Operational Complexity, and Auditor Turnover on Audit Delay (Empirical Study on Consumer Goods Companies Listed on the Indonesia Stock Exchange in 2016-2020). Journal of Sharia Economics Pelita Bangsa, 8(1), 25-36. https://doi.org/10.37366/jespb.v8i01.773
Fadillah, F., & Arisudhana, D. (2026). The effect of company age, profitability, company size, solvency to audit delay. Scientific Journal of Management and Accounting, 3(1), 36-53. https://doi.org/10.69714/ktgc7708
Ghassani, N. H., & Susilowati, E. (2025). The Influence of Profitability, Audit Committee and Tenure Audit on Audit Delay Moderated by Audit Opinion and KAP Reputation in Property Companies Listed on the Indonesia Stock Exchange in 2018-2022. Jambura Economic Education Journal, 7(4), 1394–1414. https://ejurnal.ung.ac.id/index.php/jej/index
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Hasanah, F. U., Suhendro & Dewi, R. R. (2021). The Influence of Profitability, Company Size, Audit Committee and Auditor Opinion on Audit Delay. JEBMA: Journal of Business Economics, Management and Accounting, 1(2), 167-176. https://doi.org/10.47709/JEBMA.V1I2.1033
Jensen, M. C., & Meckling, W. H. (1976). Theory of the firm: Managerial behavior, agency costs and ownership structure. Journal of Financial Economics, 3(4), 305–360. https://doi.org/10.1016/0304-405X(76)90026-X
Kartika, A. (2009). Factors Influencing Audit Delay in Indonesia (Empirical Study on LQ-45 Companies Listed on the Jakarta Stock Exchange). Journal of Business and Economics, 16(1), 1-17.
Kelman, H. C. (1958). Compliance, identification, and internalization: Three processes of attitude change. Journal of Conflict Resolution, 2(1), 51–60. https://doi.org/10.1177/002200275800200106
Kurniawati, Q. R., Indriani, S. N., Wahyuningsih, A., & Prakoso, S. T. (2025). The Influence of Audit Opinions, Profitability, and Company Size on Audit Delays: A Comprehensive Review of the Literature. YUME: Journal of Management, 8(1), 1287–1301.
Kurniyati, E., Sukseti, F., & Khatik Nur, A. (2023). The Influence of Auditor Opinion, Company Size, Board of Commissioners, Audit Committee on Audit Delay. Proceedings of the UNIMUS National Seminar, 6(18), 125–139.
Larasati, T., & Fitriyana, F. (2024). The Influence of Independent Commissioners, Audit Committees and Company Size on Audit Delays (Empirical Study on Companies in the Primary Consumer Goods Sector Listed on the Indonesia Stock Exchange 2017-2021). Journal of Accounting, 1(1), 155-169. https://doi.org/10.62237/jna.v1i1.1
Ma'sumah, L., & Rusyida, W. Y. (2022). KAP's Reputation in Moderating the Influence of Company Size, Profitability, Solvency and Liquidity on Audit Report Lag. AKTSAR: Journal of Sharia Accounting, 5(2), 196. https://doi.org/10.21043/aktsar.v5i2.16765
Niditia, D., & Pertiwi, D. A. (2021). The Influence of Profitability, Solvency, Company Size and Auditor Reputation on Audit Delay (Case Study of Banking Companies of the Indonesia Stock Exchange in 2017-2018). JFAS: Journal of Finance and Accounting Studies, 3(2), 85-99. https://doi.org/10.33752/JFAS.V3I2.274
Prabowo, P. P. T., & Marsono. (2013). Factors Affecting Audit Delay. Diponegoro Journal of Accounting, 2(1), 1-11. https://ejournal3.undip.ac.id/index.php/accounting/article/view/2309
Rante, W. A., & Simbolon, S. (2022). The Effect of Auditor Switching, Audit Tenure, and KAP Size on Audit Delay (Case Study on Sub-Sector Manufacturing Companies. https://doi.org/10.32877/eb.v5i2.526
Saemargani, F. I., & Mustikawati, R. R. I. (2015). The Influence of Company Size, Company Age, Profitability, Solvency, KAP Size, and Auditor Opinion on Audit Delay. NOMINAL: Barometer of Accounting and Management Research, 4(2), 1-15. https://doi.org/10.21831/nominal.v4i2.7996
Saputra, A. D., Irawan, C. R., & Ginting, W. A. (2020). The Effect of Company Size, Audit Opinion, Company Age, Profitability and Solvency on Audit Delay. OWNER: Research and Journal of Accounting, 4(2), 286-295. https://doi.org/10.33395/owner.v4n2.%20239
Spence, M. (1973). Job market signaling. The Quarterly Journal of Economics, 87(3), 355–374. https://doi.org/10.2307/1882010
Sudarmadi, S., & Syamsuri, S. (2024). The Effect of Company Profitability, Company Size and Company Age on Audit Delay. Journal of Information System, Applied, Management, Accounting and Research, 8(4), 985–991. https://doi.org/10.52362/jisamar.v8i4.1658
Suparsada, N. P. Y. D., & Putri, I. A. D. (2017). The Influence of Profitability, Auditor Reputation, Company Size, and Institutional Ownership on Audit Delay. E-Journal of Accounting, 18(1), 60–87.
Wandari, N. P. M., Dewi, N. L. P. S., & Mendra, N. P. Y. (2025). The Effect of Company Size, Profitability, Solvency, Company Age, and KAP Size on Audit Delay in Consumer Goods Companies Listed on the Indonesia Stock Exchange in 2020-2022. Accounting Student Research Results, 7(1), 142-155. https://e-journal.unmas.ac.id/index.php/kharisma/article/view/11112
Alfiani, D., & Putri, P. N. (2020). The Influence of Company Size, Profitability, Solvency and Reputation of Public Accounting Firms on Audit Delay. Journal of Technopreneurship on Economics and Business Review, 1(2). https://doi.org/10.37195/JTEBR.V1I2.39
Andini, P., Lintas & Arif, E. M. (2025). The Effect of Profitability, Auditor Reputation, and Audit Committee on Audit Delay in Healthcare Sub-Sector Companies Listed on the Indonesia Stock Exchange for the 2016-2023 Period. Journal of Accounting, 18(1), 52-73. https://ejournal.borobudur.ac.id/index.php/akuntansi/article/view/1683
Anggraini, L., & Praptiningsih. (2022). The Effect of Audit Opinion, Audit Committee, and Financial Distress on Audit Delay with Moderation Variables. Accounting Student Research Journal, 1(1), 117-133. https://ejournal.upnvj.ac.id/asrj/article/view/4757
Armand, Wishnu, K., Bambang, L. H., & Felicia. (2020). Factors Affecting Audit Delay in Manufacturing Companies. Journal of Applied Finance & Accounting. https://doi.org/10.21512/jafa.v7i2.6382
Brigham, E. F., & Houston, J. F. (2010). Fundamentals of financial management (12th ed.). Mason, OH: South-Western Cengage Learning.
Effendi, M. A. (2009). Theory and Practice of the Power of Good Corporate Governance. Jakarta: Four Salemba.
Erfan, M., Puspita, D. R., & Mamun, S. (2023). The Influence of Audit Opinion, Cap Reputation, Company Size, Solvency, Profitability, Operational Complexity, and Auditor Turnover on Audit Delay (Empirical Study on Consumer Goods Companies Listed on the Indonesia Stock Exchange in 2016-2020). Journal of Sharia Economics Pelita Bangsa, 8(1), 25-36. https://doi.org/10.37366/jespb.v8i01.773
Fadillah, F., & Arisudhana, D. (2026). The effect of company age, profitability, company size, solvency to audit delay. Scientific Journal of Management and Accounting, 3(1), 36-53. https://doi.org/10.69714/ktgc7708
Ghassani, N. H., & Susilowati, E. (2025). The Influence of Profitability, Audit Committee and Tenure Audit on Audit Delay Moderated by Audit Opinion and KAP Reputation in Property Companies Listed on the Indonesia Stock Exchange in 2018-2022. Jambura Economic Education Journal, 7(4), 1394–1414. https://ejurnal.ung.ac.id/index.php/jej/index
Harahap, S. S. (2013). Critical Analysis of Financial Statements. Jakarta: PT Raja Grafindo Persada.
Hasanah, F. U., Suhendro & Dewi, R. R. (2021). The Influence of Profitability, Company Size, Audit Committee and Auditor Opinion on Audit Delay. JEBMA: Journal of Business Economics, Management and Accounting, 1(2), 167-176. https://doi.org/10.47709/JEBMA.V1I2.1033
Jensen, M. C., & Meckling, W. H. (1976). Theory of the firm: Managerial behavior, agency costs and ownership structure. Journal of Financial Economics, 3(4), 305–360. https://doi.org/10.1016/0304-405X(76)90026-X
Kartika, A. (2009). Factors Influencing Audit Delay in Indonesia (Empirical Study on LQ-45 Companies Listed on the Jakarta Stock Exchange). Journal of Business and Economics, 16(1), 1-17.
Kelman, H. C. (1958). Compliance, identification, and internalization: Three processes of attitude change. Journal of Conflict Resolution, 2(1), 51–60. https://doi.org/10.1177/002200275800200106
Kurniawati, Q. R., Indriani, S. N., Wahyuningsih, A., & Prakoso, S. T. (2025). The Influence of Audit Opinions, Profitability, and Company Size on Audit Delays: A Comprehensive Review of the Literature. YUME: Journal of Management, 8(1), 1287–1301.
Kurniyati, E., Sukseti, F., & Khatik Nur, A. (2023). The Influence of Auditor Opinion, Company Size, Board of Commissioners, Audit Committee on Audit Delay. Proceedings of the UNIMUS National Seminar, 6(18), 125–139.
Larasati, T., & Fitriyana, F. (2024). The Influence of Independent Commissioners, Audit Committees and Company Size on Audit Delays (Empirical Study on Companies in the Primary Consumer Goods Sector Listed on the Indonesia Stock Exchange 2017-2021). Journal of Accounting, 1(1), 155-169. https://doi.org/10.62237/jna.v1i1.1
Ma'sumah, L., & Rusyida, W. Y. (2022). KAP's Reputation in Moderating the Influence of Company Size, Profitability, Solvency and Liquidity on Audit Report Lag. AKTSAR: Journal of Sharia Accounting, 5(2), 196. https://doi.org/10.21043/aktsar.v5i2.16765
Niditia, D., & Pertiwi, D. A. (2021). The Influence of Profitability, Solvency, Company Size and Auditor Reputation on Audit Delay (Case Study of Banking Companies of the Indonesia Stock Exchange in 2017-2018). JFAS: Journal of Finance and Accounting Studies, 3(2), 85-99. https://doi.org/10.33752/JFAS.V3I2.274
Prabowo, P. P. T., & Marsono. (2013). Factors Affecting Audit Delay. Diponegoro Journal of Accounting, 2(1), 1-11. https://ejournal3.undip.ac.id/index.php/accounting/article/view/2309
Rante, W. A., & Simbolon, S. (2022). The Effect of Auditor Switching, Audit Tenure, and KAP Size on Audit Delay (Case Study on Sub-Sector Manufacturing Companies. https://doi.org/10.32877/eb.v5i2.526
Saemargani, F. I., & Mustikawati, R. R. I. (2015). The Influence of Company Size, Company Age, Profitability, Solvency, KAP Size, and Auditor Opinion on Audit Delay. NOMINAL: Barometer of Accounting and Management Research, 4(2), 1-15. https://doi.org/10.21831/nominal.v4i2.7996
Saputra, A. D., Irawan, C. R., & Ginting, W. A. (2020). The Effect of Company Size, Audit Opinion, Company Age, Profitability and Solvency on Audit Delay. OWNER: Research and Journal of Accounting, 4(2), 286-295. https://doi.org/10.33395/owner.v4n2.%20239
Spence, M. (1973). Job market signaling. The Quarterly Journal of Economics, 87(3), 355–374. https://doi.org/10.2307/1882010
Sudarmadi, S., & Syamsuri, S. (2024). The Effect of Company Profitability, Company Size and Company Age on Audit Delay. Journal of Information System, Applied, Management, Accounting and Research, 8(4), 985–991. https://doi.org/10.52362/jisamar.v8i4.1658
Suparsada, N. P. Y. D., & Putri, I. A. D. (2017). The Influence of Profitability, Auditor Reputation, Company Size, and Institutional Ownership on Audit Delay. E-Journal of Accounting, 18(1), 60–87.
Wandari, N. P. M., Dewi, N. L. P. S., & Mendra, N. P. Y. (2025). The Effect of Company Size, Profitability, Solvency, Company Age, and KAP Size on Audit Delay in Consumer Goods Companies Listed on the Indonesia Stock Exchange in 2020-2022. Accounting Student Research Results, 7(1), 142-155. https://e-journal.unmas.ac.id/index.php/kharisma/article/view/11112
Published
2026-02-18
How to Cite
Sribatul Islambiah, & Rofiqoh Ferawati. (2026). The Effect of Company Size, Profitability and Audit Committee on Audit Delays in Property and Real Estate Companies Listed on the Indonesian Sharia Stock Index (ISSI) in 2022-2024. International Journal of Economics, Business and Innovation Research, 5(02), 328-348. https://doi.org/10.63922/ijebir.v5i02.2987
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