PENGARUH ADOPSI IFRS TERHADAP RELEVANSI NILAI DAN KETEPATWAKTUAN PENGAKUAN KERUGIAN PERUSAHAAN DI INDONESIA

Abstract

This study aims to examine the effects of IFRS adoption on value relevance and timely loss recognition of company in Indonesia. This study aims also to examine the effects of IFRS adoption on value relevance and timely loss recognition for company in Indonesia. This study refers to research conducted by Dimitripolous et.al (2013) with some modification. Population of this study is all all non-financial companies publicly listed on the Indonesia Stock Exchange (IDX) from 2009 until 2014. Samples are companies that meet the predetermined criteria. The number of companies include as samples are 204 companies for value relevance testing and 173 companies for timely loss recognition testing. Regression analysis is used as main analysis tool. The results of this study finds that there are increase on value relevance of net income and book value of equity after IFRS adoption. The value relevance of net income and book value of equity also increase on companies that has audited by Big 4 audit firms after IFRS adoption. However, this study does not find evidence that after IFRS adoption companies more timely loss recognition. This study also does not find evidence that companies that audited by Big 4 audit firm more timely loss recognition after IFRS adoption.