Finance, Accounting and Business Analysis (Dec 2021)
The Influence of Audit Tenure and Audit Market Concentration on Sharia Audit Quality
Abstract
Purpose:The researchis aimed to determine how the influence of audit tenure and audit market concentration on sharia audit quality, study in listed companies at Jakarta Islamic Index period 2016-2020.Design/Methodology/Approach:Associative method and quantitative approach. Use logistic regression models and purposive sampling to collect the data, and secondary data sourcesfrom annual financial statement and literature related to the topics.Findings:The results are audit tenurehas negative influence with low significance, it was shown by sig value 0.083>0.05, audit market concentrationhas negative influence withlow significance, it was shown by sig value 0.196>0.05, and audit tenure andaudit market concentrationhave negative influence withlow significance, it was shown by sig value 0.097>0.05.Practical Implications:The researchprovides a good starting point for deregulation about audit tenure and also recommendations for auditor to maintain their independence, the company give actual information and not overly restrict auditor in first engagement, and recommendationsfor next research are research period is longer, expand the object research, use moderation or intervening variable, and use other audit market concentration proxy.Originality/Value:The researchcontributes to the scientific literature related to the sharia audit, audit tenure, and audit market concentration topics.
