THE EFFECT OF FINANCIAL DISTRESS, CAPITAL INTENSITY, AND GROWTH OPPORTUNITY ON ACCOUNTING CONSERVATISM WITH AUDIT QUALITY AS A MODERATING VARIABLE (Study on Food and Beverage Companies Listed on the Indonesia Stock Exchange in 2022-2024) ichlasul amal akuba (1), Amiruddin (2)
Universitas Hasanuddin
Abstract
This study aims to test and analyze the effect of financial distress, capital intensity, and growth opportunity on accounting conservatism, as well as how audit quality moderates this effect on food and beverage companies listed on the Indonesia Stock Exchange in 2022-2024.
The study was conducted on food and beverage companies listed on the Indonesia Stock Exchange (IDX) for the period 2022-2024. The research data is in the form of annual reports obtained from the official website of the Indonesia Stock Exchange. The research sample was 24 companies. Sampling using the purposive sampling method. Data was processed using Eviews.
The results of this study indicate that: financial distress has a negative effect on accounting conservatism, while capital intensity has a positive effect on accounting conservatism, and growth opportunity has no effect on accounting conservatism. The results of the moderation analysis indicate that audit quality can moderate the effect of financial distress on accounting conservatism, audit quality can also moderate the effect of capital intensity on accounting conservatism, while audit quality cannot moderate the effect of growth opportunity on accounting conservatism.
Keywords: Financial Distress, Capital Intensity, Growth Opportunity, Accounting Conservatism, and Audit Quality.
