International Journal of Innovative Technology and Exploring Engineering (IJITEE) ISSN: 2278-3075, Volume-9 Issue-1, November 2019 2214 Published By: Blue Eyes Intelligence Engineering & Sciences Publication Retrieval Number: A4787119119/2019©BEIESP DOI: 10.35940/ijitee.A4787.119119 Abstract: audit report lag has become a phenomenon that cannot be denied is one of the problems that is quite disturbing. Audit report lag is detrimental to users of financial statements. Users of financial statements take longer to receive financial statements, even though they want to use the financial statements as a decision-making tool. This study aims to provide empirical evidence of the influence of profitability, leverage, audit opinion, and reputation of public accounting firms on audit delay in listed manufacturing companies in the Indonesia Stock Exchange. This research is quantitative, using secondary data. The population of this study is the food and beverage sub-sector manufacturing companies listed on the Indonesia Stock Exchange in 2014-2017. The testing of the hypothesis used in this study is multiple linear regression analysis. After passing the data processing process that is processed in SPSS, the results of the study show that leverage affects audit delay, while profitability, audit opinion, and the reputation of public accounting firms do not significantly influence audit delay. In this study, the authors did not test together the effect of all variables on audit delay. Keywords : audit delay, profitability, leverage, audit opinion, reputation of firm I. INTRODUCTION Financial statements are an important thing in every company, because it becomes a bridge for outsiders with the company. But, of course the company wants to have financial reports that look good from the outside. To overcome these irregularities, both parties must appoint a third party, namely the Auditor. The auditor, as an independent party, has the duty to provide an opinion on the company's financial statements by auditing or auditing [1], [2]. The development of the capital market in Indonesia which is increasingly marked by the growing development of companies that go public resulted in increased demand for financial statement audits [3]. Financial statements that provide information regarding the financial position of a company are often used as a basis by investors for making decisions about a company. A financial statement fulfills its usefulness if it is presented accurately and in a timely manner. Timeliness is the most important characteristic of financial statements. For those who are interested in the company's financial condition, Revised Manuscript Received on November 05, 2019. * Correspondence Author Bambang Leo Handoko*, Accounting Department, Faculty of Economics and Communication, Bina Nusantara University, Jakarta, Indonesia, 11480. Email: bambang.handoko@binus.edu Kevin Deniswara, Accounting Department, Faculty of Economics and Communication, Bina Nusantara University, Jakarta, Indonesia, 11480. Email: kdeniswara@binus.edu Christy Nathania, Accounting Department, Faculty of Economics and Communication, Bina Nusantara University, Jakarta, Indonesia, 11480. Email: christynathania24@ymail.com accurate and timely information is very important to determine the decision making. The shorter the time interval between the end of the accounting period and the date of publication of the financial statements, the more profit will be derived from the financial statements. Audited financial statements can increase the confidence of users of financial statements on financial statements produced by the company. Based on the Basic Framework for the Preparation and Presentation of Financial Statements of Financial Accounting Standards [4], financial statements must meet four qualitative characteristics that are characteristic of financial statement information that is useful for its users. These four characteristics are understandable, relevant, reliable, and comparable. To obtain relevant information, there are several obstacles, one of which is the timeliness constraint. This is in accordance with PSAK No. 1 concerning Presentation of Financial Statements paragraph 43; that is if there is an undue delay in reporting, the information produced will lose its relevance. Therefore, an audit of financial statements needs to be done so that users of financial statements feel more confident about the quality of financial statements issued by the company. In addition, audits of financial statements conducted by independent auditors will provide benefits such as increasing the credibility of financial statements, reducing company fraud, and providing a more reliable basis for tax reporting and other financial statements that must be submitted to the government. [5] stated that financial statements are information that can contain both good news and bad news. If the financial statements are submitted late it will cause a negative reaction from capital market players and can influence investment decisions. Meanwhile, according to [6] the timely delivery of financial statements is very important for companies going public using the capital market as a source of funding. Late submission of financial statements can be influenced by the length of time the audit is completed by the auditor. The faster the audit work is completed, the faster the financial statements are published and vice versa. According to [7], the shorter the time period between the end date of the fiscal year and the date of publication of financial statements, the greater the benefits obtained by users of financial statements. Conversely, a lag in publishing financial statements will encourage uncertainty in making decisions based on information contained in the financial statements. The time difference between the dates of the financial statements with the date of the audit opinion in the financial statements indicates the length of time the settlement is carried out by the auditor, this condition is often called audit report lag. Effect of Profitability, Leverage, Audit Opinion and Firm Reputation toward Audit Report Lag Bambang Leo Handoko, Kevin Deniswara, Christy Nathania