JULIARTO, Agung (2018) PENURUNAN NILAI ASET JANGKA PANJANG DAN PREDIKSI ARUS KAS MASA DEPAN. Simposium Nasional Akuntansi XXI, Samarinda .
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This research aims to examine the effect of long-lived asset impairments on future operating cash flows of ASEAN firms. In addition, this study also examines the differences of long-lived assets impairment in predicting firm’s future cash flows between countries with common law legal system and civil law legal system in ASEAN countries. Accounting for long-lived assets impairment is regulated by International Financial Reporting Standards (IFRS) in the International Accounting Standards (IAS) No. 36 Impairment of Assets. Information of long-lived assets impairment supposed to meets the fundamental qualitative characteristics such as relevance. One of the relevance criteria is predictive value. Therefore, information of long-lived assets impairment supposed to have predictive value. The population in this research is manufacturing firms which have been listed on the stock exchange in Indonesia, Singapore, Malaysia, and Thailand in 2012-2014. Ten firms which report long-lived assets impairment in each country are taken as sample, resulting in total companies selected are 40 firms or 120 observations. The analytical tools that used in this research are multiple regression analysis and Chow test. The results show that long-lived assets impairment has a significantly negative effect on future operating cash flows. In other words, long-lived assets impairment has predictive ability to future operating cash flows. This finding suggest that after tested empirically, information of long-lived assets impairment which stipulated in IAS 36 is consistent with fundamental qualitative characteristic, i.e., relevance. However, the ability of long-lived assets impairment in predicting firm’s future operating cash flows between common law legal system and civil law legal system in ASEAN countries is the same.
|Additional Information:||long-lived asset impairments, legal system, predictive value, ASEAN|
|Uncontrolled Keywords:||long-lived asset impairments, legal system, predictive value, ASEAN|
|Subjects:||H Social Sciences > HF Commerce > HF5601 Accounting|
|Divisions:||Faculty of Economics and Business > Department of Accounting|
|Deposited By:||Mr. Perpustakaan Fakultas Ekonomi|
|Deposited On:||29 Nov 2018 11:21|
|Last Modified:||29 Nov 2018 11:21|
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