THE EFFECT OF AUDIT DELAY AND MANAGEMENT CHANGE ON VOLUNTARY AUDITOR SWITCHING WITH FINANCIAL DISTRESS AS A MODERATING VARIABLE

Abstract

This research aims to obtain empirical evidence of the influence of audit delay and replacement of management on voluntary auditor switching with financial distress as moderating variable in infrastructure companies listed on the Indonesian Stock Exchange in 2020-2022. This type of research is quantitative research with a documentation method using secondary data from the company's annual financial report published on the official website of the Indonesia Stock Exchange. The sample in this research was obtained using purposive sampling. The observation data processed in this research were 124 samples from infrastructure companies listed on the Indonesia Stock Exchange for the 2020-2022 and used logistic regression analysis. The research results show that financial distress strengthens the influence of audit delay on voluntary auditor switching. This is indicated by the R-Square value before moderation being 3.6% to 26.9% after financial distress as a moderating variable. However, the results of this study cannot prove that there is an influence between audit delay and replacement of management on voluntary auditor switching, and financial distress is unable to moderate the effect of audit delay on voluntary auditor switching.