Analysis of Determinants of Audit Report Lag on Non-Financial Companies Listed on LQ-45 Index

Audit report lag has become a phenomenon in the business world. The financial statements of public companies that want to be published to shareholders and the general public must first be audited by a public accounting firm. The delay in the audit report has an impact on the delay in the publication of financial statements which makes financial statement users hampered in making decisions. The purpose of this research is to obtain empirical evidence whether firm size, audit committee size, and audit firm status affect audit report lag. This research is conducted on non-financial companies listed on the LQ45 Index of the Indonesia Stock Exchange. Based on the purposive sampling method, a total of 20 companies are selected as research samples. The data analysis is done using Microsoft Excel and SPSS 25 software. The research result showed that audit committee size significantly affects audit report lag. Meanwhile, the results for firm size and audit firm status do not influence audit report lag.