The Comprehensive Relation Between Financial Performance, Financial Restatement, Auditor Competence, and Firm Value

This study examines whether financial restatement significantly affects the correlation between financial performance and firm value of companies listed on the Indonesia Stock Exchange. Furthermore, this study investigates the moderating role of auditor competence on the relationship between financial restatement and firm value. The sample was 300 non-financial companies that have undertaken to present financial restatement from 2018 until 2023. To examine the hypothesis, we employed multiple regression and moderated regression analysis. The research results show that financial performance positively and significantly impacts the company's value. The restatement of financial statements positively and significantly impacts company value. Furthermore, financial restatement moderated the effect of financial performance on company value in companies listed on the Indonesia Stock Exchange. The latest results show that auditor competence strengthens the influence of restatement on firm value.