The effect of profitability, liquidity, solvency, and company growth on the acceptance of going concern audit opinions on consumer cyclicals companies listed on the IDX in 2019-2022
Department of Accounting, University of Pembangunan Panca Budi, Medan, Indonesia.
Research Article
World Journal of Advanced Research and Reviews, 2024, 22(02), 1156-1164
Article DOI: 10.30574/wjarr.2024.22.2.1497
Publication history:
Received on 08 April 2024; revised on 15 May 2024; accepted on 17 May 2024
Abstract:
This study was conducted to obtain empirical evidence on the influence of profitability, liquidity, solvency, and company growth on the acceptance of going concern audit opinions on consumer cyclycals companies listed on the Indonesia Stock Exchange (IDX) in 2019-2022. The study was conducted with an associative quantitative approach. The type of data used is secondary data in the form of company financial statements obtained from the official IDX website. There were 64 samples taken by purposive sampling technique. This study used logistic regression analysis techniques. The results showed that the profitability, solvency and growth of the company partially did not affect the acceptance of the going concern audit opinion, while liquidity partially affected the acceptance of the going concern audit opinion and the profitability, liquidity, solvency, and growth of the company simultaneously affected the acceptance of the going concern audit opinion.
Keywords:
Profitability; Liquidity; Solvency; Company Growth; Audit Opinion Going Concern
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