Pengaruh Karakteristik Komite Audit dan Kualitas Audit terhadap Penyajian Kembali Laporan Keuangan

Abstract

This study's objective is to look at the impact of audit committee characteristics and the
size of the audit firm on the restatement of financial statements of financial sector companies listed
on the Indonesia Stock Exchange for the period of 2016 to 2020. Measurement of audit committee
characteristics is proxied by indicators of audit committee independence, audit committee size,
number of audit committee meetings, audit committee expertise, and size of audit firm. This study
uses firm size and firm performance as control variabels. Meanwhile, the restatement of financial
statements is measured using a dummy variabel, where "1" if the company makes a restatement
and "0" if not. The sample consists of 77 restatement firms and 77 control firms. There are 8 outliers
among the 77 restatement firms, therefore once the outliers are removed, the total final sample
studied is 138 observations (69 restatement firms and 69 non-restatement firms). Data were
analyzed by logistic regression using SPSS software. According to the findings of this study, the
size of the audit committee had a negative effect on the restatement of financial statements, while
the independence of the audit committee, the number of audit committee meetings, the expertise
of the audit committee, and the size of the audit firm did not have a negative effect on the
restatement of the financial statements.