PERANAN STANDAR AUDIT 570 TERHADAP OPINI AUDITOR

Abstract

This research aimed to find out property evidence of implementation of 570 audit standard on its assumption
usage of business continuity by the management in arranging financial statement of entity ability in
maintaining its busines. While, the population was PT.Argo Pantes Tbk, which listed on Indonesia Stock
Exchange. Moreover, the data were secondary which used descriptive analysis. During 2016, 2017, and 2018,
financial ratio on PT. Argo Pantes Tbk had low liquidity for about 31.35%, 18.43% and 12.20%. It believed the
company had not fulfill its accountability in short-term yet. Furthermore, the firm growth in 2016 had increased
for 0,0720%. However, it lowered its growth for -0.313% in 2017. In contrast, the sales growth was increased
for 0,150% in 2018. Meanwhile, the operational cash flow was assumed not good enough as it had negative
operational cash flow for 17,109,141 rupiahs ini 2016, and it had 377,344 rupiahs in 2017; but then went into
1,751,349 rupiahs in 2018. Based on the result of independent auditor opinion, its financial statement showed
proprty in material for whole. This meant, the financial statement of PT. Argo Pantes Tbk per December, the 31st
2016-2018 as well as its financial peformance and operational cash flow on the last date had in accordance with
financial accounting standard in Indonesia..
Keywords: liquidity, firm growth, operational cash flow, auditor’s opinion