The Analysis of Influencing Factors on The Going Concern Audit Opinion Study in Manufacturing Firms In Indonesia

Abstract

This study aims to analyse the effects of audit quality, auditor tenure, profitability, leverage, and company size on going-concern audit opinions for manufacturing companies listed on the Indonesia Stock Exchange from 2022 to 2024. This study uses a quantitative methodology with logistic regression, where the dependent variable is dichotomous (1 = obtained a going-concern opinion, 0 = did not get a going-concern opinion). The sample was obtained through purposive sampling

from a population of 359 companies, yielding 221 eligible companies for the three- year observation period, for a total of 663 observations. The findings show that the

independent variables simultaneously have a significant effect on the going concern audit opinion. Profitability, leverage, and company size have a considerable impact, although audit quality and auditor tenure do not. The Nagelkerke R-square value of 0.147 indicates that the model explains 14.7% of the variation in the going-concern audit conclusion.