RELEVANSI NILAI INFORMASI AKUNTANSI SEBELUM DAN SESUDAH PENGADOPSIAN IFRS (Studi Pada Perusahaan Non-Keuangan Yang Terdaftar di BEI Periode Tahun 2008-2016)

Abstract

The purpose of this study is to examine the quality of accounting information pre and post of IFRS adoption on financial accounting standards in Indonesia. This study uses value relevance as a proxy of the quality of accounting information. Value relevance testing uses the price model developed by Ohlson. Quality accounting information can be seen through how much the relevance of accounting information in assisting investor decision making that reflected in stock prices. The type of data used in this study is secondary data and use the population of go public companies listed on the Indonesia Stock Exchange (IDX) in the period 2008-2016. Sample selection method in this study uses purposive sampling technique with the criteria of non-financial companies that consistently publishes financial statements and provided datas such as stock prices, earnings per share, and book value per share, also other data required and presented in rupiah currency in the period 2008-2016. The analysis technique used is multiple regression analysis with OLS model. The results suggested that the adoption of IFRS in Indonesia has not been able to improve the quality of accounting information. The relevance of accounting earnings to investment decisions as reflected in stock prices did not increased significantly in the period after the adoption of IFRS. The results also suggested that the auditors quality has not been able to improve the value relevance of companies accounting information.