FAKTOR-FAKTOR YANG MEMPENGARUHI PENETAPAN FEE AUDIT EKSTERNAL PADA PERUSAHAAN YANG TERDAFTAR DI BEI

Abstract

The purpose of this study is to examine factors that can affect the determination of external audit fees on all companies listed on Bursa Efek Indonesia (BEI). Factors expected to affect external audit fees determination are internal audit, corporate governance, the characteristics of auditors (BIG4), firm size, and subsidiaries. These factors are expected to reduce existing risk, so low eksternal audit fees can be achieved. This study is a modification of Herjinder’s et al. (2010). This study is modified by adding several other independent variables and uses secondary data from annual reports of all companies which listed on Bursa Efek Indonesia (BEI) in 2009-2011. This study uses purposive sampling method and uses multiple linear regression as the analysis instrument. Before being conducted the regression test, it is examined by using the classical assumption tests. The results of this study indicate that internal audit, the independence of the board commissioner, the meeting intensity of the board commissioner, independency of the audit committee, and the meeting intensity of the audit committee does not has significant influence with external audit fees. The size of the board commissioner, the size of the audit committee, characteristics of the auditor (BIG4), firm size and subsidiaries have significant relationship on the external audit fees. This study indicate that the size of the board commissioner and audit committe will demand a high quality audit from external auditors, resulting in higher audit fees. Mean while characteristics of auditors (BIG4), firm size, and subsidiaries that have high complexity will lead to higher audit fees