The Influence of Audit Committee Activities, Audit Committee Independence, Audit Committee Competence, and Female Audit Committee Members on Audit Quality in Palm Oil Companies

Abstract

This study aims to analyze the effect of audit committee activities on audit quality, analyze the effect of audit committee independence on audit quality, analyze the effect of audit committee competence on audit quality, and analyze the effect of female audit committees on audit quality. The number of samples in this study was 12 companies for 6 years, namely 2018 to 2023, so that the total number of observations was 72 samples. The data analysis technique used multiple regression. The results of the analysis show that audit committee activities have a positive and significant effect on audit quality. This indicates that a more active audit committee supervises the audit process and ensures that auditors carry out their duties independently and objectively encourages auditors to carry out audits more carefully and produce quality audits. Audit committee independence has no effect on audit quality. This shows that audit committee independence cannot affect the quality of audits produced by external audits. Supervision related to audit results carried out by an independent audit committee if not balanced with competence and experience related to the related field to supervise external audit performance to produce quality audit reports. Audit committee competence has no effect on audit quality. This shows that audit committee competence cannot affect the quality of audits from external auditors. Auditors in carrying out their audits must remain in accordance with procedures and must improve their audit quality so that the audited financial statements can reflect the true value. The existence of a female audit committee does not affect audit quality. This shows that the presence of women in the audit committee does not affect the audit quality of external auditors. External auditors in carrying out the audit process are not influenced by the gender of the audit committee in carrying out the supervisory function and the audit results made by the external auditor.