The aims of this study was to determine the effect of company size, leverage, liquidity, auditor quality on financial risk disclosure. The population in this study were all property and real estate sector companies in Indonesia listed on the Indonesia Stock Exchange for the 2019-2021 period. The sample selection in this study used purposive sampling technique and obtained 35 companies as a sample with 105 annual reports. Then, the method of data analysis used multipe linear regression analysis with SPSS application. The results showed p-value <0.05, wich means that the company size affect the disclosure of financial risk and has a positive direction. Meanwhile, leverage, liquidity, and auditor quality do not directly affectthe disclosure of financial risk.