CORPORATE GOVERNANCE, AUDIT FIRM SIZE AND RESTATED FINANCIAL STATEMENT IN INDONESIA STOCK EXCHANGE

Corporate Board: Role, Duties & Composition

关键词: Restated Financial Statement;    Corporate Governance;    Size of Audit Firm;   

DOI  :  10.22495/cbv10i2art6

学科分类：社会科学、人文和艺术（综合）

来源: Virtus Interpress

【 摘 要 】

This research aims to describe the corporations to take restatement in financial statement such as, corporate governance implementation and size of Audit Firm. Corporate Governance and size of Audit Firm are involved in auditing process. Theoretically, those influence the quality of financial statement. The occurrence of restatement of financial reporting is as a proxy for a lower of financial statement quality. Hence, corporate governance and size of Audit Firm should prevent from restated financial statement. The result of this research describe that number of independent commissioner and number of audit committee do not prevent from restated financial statement. In addition, size of Audit Firm is not obvious to increase the quality of financial statement, because there are several of big four audit firms have been appointed by such corporation as external auditor or some of restatements have been done by non-big four. This research describes the composition of independent commissioner, audit committee and also Audit Firms size do not influence directly to restated financial statement.

【 授权许可】

CC BY-NC