The Quality of Company Audit in Indonesia during COVID-19 Pandemic: A Review of Literature

Authors

  • Erwin Indriyanto Faculty of Economics and Business, National University, Jakarta Selatan, Daerah Khusus Ibukota Jakarta, Indonesia
  • Molina Molina Faculty of Economics and Business, National University, Jakarta Selatan, Daerah Khusus Ibukota Jakarta, Indonesia
  • Muhammad Nur Faculty of Economics and Business, National University, Jakarta Selatan, Daerah Khusus Ibukota Jakarta, Indonesia
  • Kumba Digdowiseiso Faculty of Economics and Business, National University, Jakarta Selatan, Daerah Khusus Ibukota Jakarta, Indonesia

DOI:

https://doi.org/10.56225/gjbesd.v1i2.14

Keywords:

Audit Quality, Company Audit, COVID-19

Abstract

As many companies transform, auditing is crucial in a company's development process, especially during the COVID-19 pandemic. Transformation without a financial audit can lead to problems because it may not effectively minimize fraud or unanticipated risks. With the advent of COVID-19, auditors' work is constrained by government policies that limit on-site work, preventing auditors from accessing necessary data freely. This situation has the potential to result in lower-quality audit reports. Research on the quality of company audits during the COVID-19 pandemic was conducted using review literature. The research process involved collecting data from offline and online journals and proceedings. This study revealed a general decline in audit quality, but there were also cases where the quality remained consistent with the pre-COVID-19 period. This study concludes that the quality of audit analysis results plays a crucial role in ensuring company transparency and integrity, particularly in the presentation of financial reports. By leveraging the audit findings provided by the auditors, stakeholders will have a robust and thorough foundation for making informed conclusions and decisions regarding the company's future. Amidst the COVID-19 pandemic, the integrity of audits came under scrutiny due to the numerous changes implemented by companies striving to endure the crisis.

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Published

2023-11-30

Issue

Vol. 1 No. 2: November 2023

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Articles

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How to Cite

The Quality of Company Audit in Indonesia during COVID-19 Pandemic: A Review of Literature. (2023). Global Journal of Business, Economics & Social Development, 1(2), 108-115. https://doi.org/10.56225/gjbesd.v1i2.14