The influence of profitability and company growth toward going concern audit opinion on property companies in indonesia

The COVID-19 pandemic that has hit Indonesia since last year has had an impact on the economy and business continuity of companies in Indonesia. Auditors tend to issue a going concern opinion when they doubt the continuity of the company business being audited, especially during the COVID-19 pandemic. According to preliminary studies, a company's financial condition and growth tend to influence auditors' opinions. Therefore, this study aims to examine the factors influencing the issuance of going concern opinion by auditors, especially financial factors such as profitability and company growth. Data were collected from the financial statement of manufacturing companies listed on the Indonesia Stock Exchange from 2018 to 2020. The test tool used to determine the influence of independent variables on the dependent variable is the logistic regression. The results showed that the company's profitability influences auditor's going-concern opinion and company's growth do not influence auditors' going-concern opinion. This is because during the pandemic, many property companies hampered in continuing development, thereby reducing the company's revenues and profits, which had an impact on the company's hesitation to continue its business. This study is expected to provide information to users of financial statements that the auditor will give a signal to users of financial statements if there are doubts about the viability of the company in the form of giving a going-concern opinion. © 2022 ACM.

Implementation of Porter Strategy for Paper Company’s Business Sustainability during the Covid-19 Pandemic

In the context of the outbreak of Covid-19, production and sales have been influenced greatly. This paper take Paper Company’s as the case study of relationship between business sustaibability and competitive adventage in a price sensitive market. Through a cost leadership strategy we can analyze the waste paper A5 requirement for brown paper products amid the increasing in raw material. The result of this analysis will prove wether during the pandemic Covid-19 there has been a change in demand for brown paper and will affect the need for raw material. Therefore, this paper helps clarify the concept that a reasonable comprtitive strategy has a positif effect on the business sustainability. © IEOM Society International.