KUALITAS INFORMASI AKUNTANSI PADA TAHAP KONVERGENSI INTERNATIONAL FINANCIAL REPORTING STANDARD

I Putu Fery Karyada, Andry Irwanto

Abstract


Abstrak: Kualitas Informasi Akuntansi pada Tahap Konvergensi International Financial Reporting Standard. Penelitian ini berusaha untuk menelaah perbedaan kualitas informasi akuntansi pada periode konvergensi International Financial Reporting Standard (IFRS). Metode yang digunakan dalam penelitian ini adalah analisis regresi berganda pada perusahaan non perbankan dan keuangan tahun 2012-2014. Penelitian ini menemukan bahwa secara keseluruhan penerapan IFRS cenderung mengurangi kualitas informasi akuntansi. Hal ini disebabkan oleh perbedaan IFRS dengan standar yang ada, lemahnya penegakan hukum, dan kurangnya insentif manajer. Temuan ini dapat menjadi masukan bagi berbagai pihak dalam melakukan pengambilan kebijakan.

 

Abstract: Accounting Information Quality in Convergence International Financial Reporting Standard (IFRS). This study aims to examine the differences of accounting information quality in the IFRS convergence. The method used in this research is multiple regression analysis in non banking and finance companies in 2012-2014. The research shows that overall application of IFRS tended to reduce the quality of accounting information. This research finds that overall application of IFRS tends to reduce the quality of accounting information. This occurs because the differences of IFRS with existing standards, weak law enforcement, and a lack of manager incentives. This result can be an input for various parties in making policy.


Keywords


ifrs; kualitas informasi akuntansi; manajemen laba

Full Text:

PDF

References


Aksu, M., & Espahbodi, H. (2016). The Impact of IFRS Adoption and Corporate Governance Principles on Transparency and Disclosure: The Case of Borsa Istanbul. Emerging Markets Finance and Trade, 52(4), 1013-1028.

Angeloni, S. (2016). Cautiousness on Convergence of Accounting Standards Across Countries. Corporate Communications: An International Journal, 21(2), 246-267.

Alali, F. A., & Foote, P. S. (2012). The Value Relevance of International Financial Reporting Standards: Empirical Evidence in an Emerging Market. The international journal of accounting, 47(1), 85-108

Armstrong, C. S., Barth, M. E., Jagolinzer, A. D., & Riedl, E. J. (2010). Market Reaction to the Adoption of IFRS in Europe. The Accounting Review, 85(1), 31-61.

Ball, R. (2016). IFRS – 10 Years Later. Accounting and Business Research, 46(5), 545-571.

Barker, R., & McGeachin, A. (2013). Why is There Inconsistency in Accounting for Liabilities in IFRS? An Analysis of Recognition, Measurement, Estimation and Conservatism. Accounting and Business Research, 43(6), 579-604.

Barth, M. E., Landsman, W. R., & Lang, M. H. (2008). International Accounting Standards and Accounting Quality. Journal of accounting research, 46(3), 467-498.

Bouchareb, M., Ajina, A., & Souid, S. (2014). Does the Adoption of IAS/IFRS with a Strong Governance Mechanism Can Deter Earnings Management? International Journal of Academic Research in Economics and Management Sciences, 3(1), 264-282.

Bradshaw, M. T., & Miller, G. S. (2008). Will Harmonizing Accounting Standards Really Harmonize Accounting? Evidence from non-US Firms Adopting US GAAP. Journal of Accounting, Auditing & Finance, 23(2), 233-264.

Brouwer, A., & Hoogendoorn, M. (2017). The Role and Current Status of IFRS in the Completion of National Accounting Rules – Evidence from the Netherlands. Accounting in Europe, 14(1), 137-149.

Cahyonowati, N., & Ratmono, D. (2012). Adopsi IFRS dan Relevansi Nilai Informasi Akuntansi. Jurnal Akuntansi dan Keuangan, 14(2), 105-115.

Capkun, V., Collins, D., & Jeanjean, T. (2016). The Effect of IAS/IFRS Adoption on Earnings Management (Smoothing): A Closer Look at Competing Explanations. Journal of Accounting and Public Policy, 35(4), 352-394.

Cai, L., Rahman, A., & Courtenay, S. (2013). The effect of IFRS Adoption Conditional upon the Level of Pre-Adoption Divergence. The International Journal of Accounting, 49(2), 147-178.

Chang, Y.L., Liou, C. H., & Chen, Y. H. (2013). The Effects of IFRS and the Institutional Environment on Accounting Quality in Chinese Listed Firms. Journal of American Business Review, 1(2), 122-127.

Christensen, H. B., Lee, E., Walker, M., & Zeng, C. (2015). Incentives or Standards: What Determines Accounting Quality Changes Around IFRS Adoption? European Accounting Review, 24(1), 31-61.

Chua, Y. L., Cheong, C. S., & Gould, G. (2012). The Impact of Mandatory IFRS Adoption on Accounting Quality: Evidence from Australia. Journal of International Accounting Research, 11(1), 119-146.

Cormier, D., & Magnan, M. L. (2016). The Advent of IFRS in Canada: Incidence on Value Relevance. Journal of International Accounting Research, 15(3), 113-130.

Daske, H., Hail, L., Leuz, C., & Verdi, R. (2008). Mandatory IFRS Reporting Around the World: Early Evidence on the Economic Consequences. Journal of accounting research, 46(5), 1085-1142.

Edvandini, L., Subroto, B., & Saraswati, E. (2014). Telaah Kualitas Informasi Laporan Keuangan dan Asimetri Informasi Sebelum dan Setelah Adopsi IFRS. Jurnal Akuntansi Multiparadigma, 5(1), 88-95.

Fanani, Z. (2009). Kualitas Pelaporan Keuangan: Berbagai Faktor Penentu dan Konsekuensi Ekonomis. Jurnal Akuntansi dan keuangan Indonesia, 6(1), 20-45.

Farkas, Z. N. (2016). The Interaction of the IFRS 9 Expected Loss Approach with Supervisory Rules and Implications for Financial Stability. Accounting in Europe, 13(2), 197-227.

Florou, A., & Pope, P. F. (2012). Mandatory IFRS Adoption and Institutional Investment Decisions. The Accounting Review, 87(6), 1993-2025.

George, E. T. D., Ferguson, C. B., & Spear, N. A. (2013). How Much Does IFRS Cost? IFRS Adoption and Audit Fees. The Accounting Review, 88(2), 429-462.

Grecco, M. C. P. (2013). The Effect of Brazilian Convergence to IFRS on Earnings Managment by Listed Brazilian Nonfinancial Companies. Brazilian Business Review, 10(4), 110-132.

Gujarati, D. N., & Porter, D. C. (2008). Basic Econometrics 5th edition. New York: McGraw-Hill.

Hellman, N., Gray, S. J., Morris, R. D., & Haller, A. (2015). The Persistence of International Accounting Differences as Measured on Transition to IFRS. Accounting and Business Research, 45(2), 166-195.

Houqe, M. N., Easton, S., & Zijl, T. V. (2014). Does Mandatory IFRS Adoption Improve Information Quality in Low Investor Protection Countries? Journal of International Accounting, Auditing and Taxation, 23(2), 87-97.

Iatridis, G. (2010). International Financial Reporting Standards and the Quality of Financial Statement Information. International Review of Financial Analysis, 19(3), 193-204.

Jeanjean, T., & Stolowy, H. (2008). Do Accounting Standards Matter? An Exploratory Analysis of Earnings Management Before and After IFRS Adoption. Journal of accounting and public policy, 27(6), 480-494.

Kao, H. S., & Wei, T. H. (2014). The Effect of IFRS, Information Asymmetry and Corporate Governance on the Quality of Accounting Information. Asian Economic and Financial Review, 4(2), 226-256.

Karampinis, N. I., & Hevas, D. L. (2011). Mandating IFRS in an Unfavorable Environment: The Greek Experience. The International Journal of Accounting, 46(3), 304-332.

Kim, O. (2016). The IFRS Adoption Reform through the Lens of Neoinstitutionalism: The Case of the Russian Federation. The International Journal of Accounting, 51(3), 345-362.

Krismiaji, Aryani, Y. A., & Suhardjanto, D. (2016). International Financial Reporting Standards, Board Governance, and Accounting Quality: A Preliminary Indonesian Evidence. Asian Review of Accounting, 24(4), 474-497

Lang, M., Raedy, J. S., & Yetman, M. H. (2003). How Representative are Firms that are Cross‐Listed in the United States? An Analysis of Accounting Quality. Journal of Accounting Research, 41(2), 363-386.

Lin, S., Riccardi, W., & Wang, C. (2012). Does Accounting Quality Change Following a Switch from US GAAP to IFRS? Evidence from Germany. Journal of Accounting and Public Policy, 31(6), 641-657.

Lopes, A. B., Walker, M., & Silva, R. L. M. D. (2016). The Determinants of Firm-Specific Corporate Governance Arrangements, IFRS Adoption, and the Informativeness of Accounting Reports: Evidence from Brazil. Journal of International Accounting Research 15(2), 101-124.

Manganaris, P., Spathis, C., & Dasilas, A. (2016). How Institutional Factors and IFRS Affect the Value Relevance of Conservative and Non-conservative Banks? Journal of Applied Accounting Research, 17(2), 211-236.

Mhedhbi, K., & Zeghal, D. (2016). Adoption of International Accounting Standards and Performance of Emerging Capital Markets. Review of Accounting and Finance, 15(2), 252-272.

Nobes, C. W., & Stadler, C. (2015). The Qualitative Characteristics of Financial Information, and Managers’ accounting Decisions: Evidence from IFRS Policy Changes. Accounting and Business Research, 45(5), 572-601.

Okafor, O. N., Anderson, M., & Warsame, H. (2016). IFRS and Value Relevance: Evidence based on Canadian Adoption. International Journal of Managerial Finance, 12(2), 136-160.

Olibe, K. O. (2016). Security Returns and Volume Responses Around International Financial Reporting Standards (IFRS) Earnings Announcements. The International Journal of Accounting, 51(2), 240-265.

Outa, E. R. (2011). The Impact of International Financial Reporting Standards (IFRS) Adoption on The Accounting Quality of Listed Companies in Kenya. International Journal of Accounting and Financial Reporting, 1(1), 212-241.

Ramanna, K., & Sletten, E. (2014). Network Effects in Countries' Adoption of IFRS. The Accounting Review, 89(4),1517-1543.

Rudra, T., & Bhattacharjee, C. D. (2012). Does IFRS Influence Earnings Management? Evidence from India. Journal of Management Research, 4(1), 1-13.

Sayidah, N., Hayati, N., & Handayani, A. E. (2016). Corporate Governance dan Internet Financial Reporting. Jurnal Akuntansi Multiparadigma, 7(3), 485-497.

Tendeloo, B. V., & Vanstraelen, A. (2005). Earnings Management under German GAAP versus IFRS. European Accounting Review, 14(1), 155-180.

Tsunogaya, N. (2016). Issues Affecting Decisions on Mandatory Adoption of International Financial Reporting Standards (IFRS) in Japan. Accounting, Auditing & Accountability Journal, 29(5), 828-860.

Uzma, S. H. (2016). Cost-benefit Analysis of IFRS Adoption: Developed and Emerging Countries. Journal of Financial Reporting and Accounting, 14(2), 198-229.

Wieczynska, M. (2016). The “Big” Consequences of IFRS: How and When Does the Adoption of IFRS Benefit Global Accounting Firms? The Accounting Review, 91(4), 1257-1283.

Wingard, C., Bosman, J., & Amisi, B. (2016). The Legitimacy of IFRS: An Assessment of the Influences on the Due Process of Standard-setting. Meditari Accountancy Research, 24(1), 134-156.

Wulandari, T. H., & Adiwati, A. K. (2015). Perubahan Relevansi Nilai Informasi Akuntansi Setelah Adopsi IFRS. Jurnal Akuntansi Multiparadigma, 6(3), 412-420.

Yang, D. (2014). Exploring the Determinants of Voluntary Adoption of IFRS by Unlisted Firms: A Comparative Study between the UK and Germany. China Journal of Accounting Studies, 2(2), 118-136.

Young, S., & Zeng, Y. (2015). Accounting Comparability and the Accuracy of Peer-Based Valuation Models. The Accounting Review, 90(6), 2571-2601.

Zeghal, D., Chtourou, S. M., & Fourati, Y. M. (2012). The Effect of Mandatory Adoption of IFRS on Earnings Quality: Evidence from the European Union. Journal of International Accounting Research, 11(2), 1-25.




DOI: http://dx.doi.org/10.18202/jamal.2017.08.7056

Refbacks

  • There are currently no refbacks.


Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.