Title:
Determinants of the Going Concern Audit Opinion

Authors:
Suwadiman*, Asfa Rofilla, Indonesia

Abstract:

The going concern audit opinion reflects auditors’ assessments of a company’s ability to continue its operations. This study aims to examine the effect of profitability, liquidity, leverage, audit tenure, and prior audit opinion on the issuance of going concern audit opinions. The study was conducted on 80 basic materials companies listed on the Indonesia Stock Exchange during 2022–2024, selected using purposive sampling. Logistic regression was employed for data analysis. The results show that profitability, leverage, and prior audit opinion significantly affect the issuance of going concern audit opinions, while liquidity and audit tenure have no significant effect. These findings indicate that going concern audit opinions are mainly influenced by companies’ financial conditions and the consistency of auditors’ judgments.

DOI: https://doi.org/10.51505/IJEBMR.2026.10928