| Timeliness of financial reporting is crucial for the sustainability of entity’s operation. Financial reporting has to be audited in order to give reasonable assurance towards every related party who uses the report. The publication of financial report has to be no longer than 90 days after financial year. However, some entities take longer time to finish auditing the financial reports. Thus, this study aimed to find the factors affecting audit delay. The independent variables in this study are audit committee’s effectiveness and accounting complexity. Audit committee effectiveness is measured from size, independency, meetings, and background of the members. Accounting complexity is measured from the number of entity’s subsidiaries. This study uses control variables which are total assets, debt to equity ratio, and return on assets. Samples are taken from manufacturing companies listed on Indonesia Stock Exchange from period 2016 until 2018 with the total of 110 samples to observe. Multiple linear regression analysis is used to analyze the data. Results show that audit committee’s meeting has a negative association with audit delay and accounting complexity has a positive association with audit delay. Meanwhile, the other independent ariables have no association with audit delay. On the other side, return on assets – as one of control variables – is the only control variable which shows a negative association with audit delay. |