KUALITAS MANAJEMEN LABA SEBELUM DAN SETELAH PENGADOPSIAN INTERNATIONAL FINANCIAL REPORT STANDARD (IFRS) PADA JAKARTA ISLAMIC INDEX (JII)
DOI:
https://doi.org/10.25299/jtb.2019.vol2(1).3441Keywords:
IFRS, JII, Revenue, PPEAbstract
Pengimplementasian IFRS dimaksudkan untuk memberikan kualitas pelaporan keuangan yang relevan dan dapat diterima secara umum, sehingga memberikan kemudahan bagi berbagai pihak dalam menilai perkembangan perusahaan. Dampaknya yaitu adanya signifikansi pendapatan yang diproksikan dengan kualitas manajemen laba. Pemilihan penelitian di Indonesia dikarenakan perkembangan keuangan syariah yang semakin meningkat dengan salah satu buktinya yaitu adanya berbagai indeks saham syariah. Salah satu indeks saham syariah yang paling likuid adalah JII. Dimana JII merupakan indeks saham syariah yang terpilih dari ISSI. Penelitian ini bertujuan untuk menguji apakah pengadopsian IFRS dapat meningkatkan kualitas manajemen laba perusahaan yang terdaftar di JII. Penelitian ini mencakup periode sebelum dan setelah pengadopsian IFRS. Metode yang digunakan adalah analisis deskriptif. Hasil penelitian menunjukkan bahwa setelah konvergensi IFRS, terdapat peningkatan nilai laba perusahaan dibandingkan dengan sebelum pengadopsian IFRS. Dalam analisis sensitivitas masing-masing revenue dan PPE mempengaruhi manajemen laba. Revenue juga mengalami peningkatan setelah pengadopsian IFRS, akan tetapi PPE mengalami penurunan setelah pengadopsian IFRS. Penelitian ini menarik karena revenue dan PPE berbanding terbalik signifikansinya setelah IFRS.
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References
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Sundgren, Stefan., Mäki, Juha., and Somoza-López, Antonio. 2018. Analyst Coverage, Market Liquidity and Disclosure Quality: A Study of Fair-value Disclosures by European Real Estate Companies Under IAS 40 and IFRS 13. The International Journal of Accounting, Vol. 53, Issue 1.
Tsalavoutas, I. 2011. Transition to IFRS and compliance with mandatory disclosure requirements: What is the signal? Advances in Accounting, 27 (2), 390–405.
Voulgaris, G., Stathopoulos, K., & Walker, M. 2014. IFRS and the Use of Accounting-Based Performance Measures in Executive Pay. The International Journal of Accounting, 49 (4), 479–514.
Yurisandi, T., & Puspitasari, E. 2015. Financial Reporting Quality - Before and After IFRS Adoption Using NiCE Qualitative Characteristics Measurement. Procedia-Social and Behavioral Sciences, 211, 644–652.
Zéghal, D., Chtourou, S., & Sellami, Y. M. 2011. An analysis of the effect of mandatory adoption of IAS/IFRS on earnings management. Journal of International Accounting, Auditing and Taxation, 20 (2), 61–72.
Zohoori, B., Verbraeck, A., Bagherpour, M., & Khakdaman, M. 2019. Monitoring production time and cost performance by combining earned value analysis and adaptive fuzzy control. Computers & Industrial Engineering, 127, 805–821.
Ahmed, K., Chalmers, K., & Khlif, H. 2013. A Meta-analysis of IFRS Adoption Effects. The International Journal of Accounting, 48 (2), 173–217.
Albassam, W. M., & Ntim, C. G. 2017. The effect of Islamic values on voluntary corporate governance disclosure: The case of Saudi-listed firms. Journal of Islamic Accounting and Business Research, 8 (2), 182–202.
Ankarath, N., Ghosh, T. P., Metha, K. J., & Alkafaji, Y. A. 2012. Memahami IFRS: Standar pelaporan Keuangan Internasional. Jakarta: Permata Puri Media.
Atwood, T. J., Drake, M. S., Myers, J. N., & Myers, L. A. 2011. Do earnings reported under IFRS tell us more about future earnings and cash flows? Journal of Accounting and Public Policy, 30 (2), 103–121.
BinMahfouz, S., & Kabir Hassan, M. 2013. Sustainable and socially responsible investing: Does Islamic investing make a difference? Humanomics, 29 (3), 164–186.
Chebaane, S., & Othman, H. B. 2014. The Impact of IFRS Adoption on Value Relevance of Earnings and Book Value of Equity: The Case of Emerging Markets in African and Asian Regions. Procedia-Social and Behavioral Sciences, 145, 70–80.
da Silva, Ricardo Luiz Menezes and Nardi, Paula Carolina Ciampaglia. 2017. Full adoption of IFRSs in Brazil: Earnings quality and the cost of equity capital. Research in International Business and Finance,Vol. 42, Issue C.
de Moura, A. A. F., & Gupta, J. 2019. Mandatory adoption of IFRS in Latin America: A boon or a bias. Journal of International Financial Markets, Institutions and Money.
Dimitropoulos, P. E., Asteriou, D., Kousenidis, D., & Leventis, S. 2013. The impact of IFRS on accounting quality: Evidence from Greece. Advances in Accounting, 29 (1), 108–123.
Febrianti, S. 2018. Analisis Perbandingan Kinerja Indeks Saham Syariah Dengan Indeks Saham Konvensional Periode 2015-2017 (Studi Kasus Pada JII Dan Lq45). 6.
Hamberg, M., Mavruk, T., & Sjögren, S. 2013. Investment allocation decisions, home bias and the mandatory IFRS adoption. Journal of International Money and Finance, 36, 107–130.
Hassan, E. A., Rankin, M., & Lu, W. 2014. The Development of Accounting Regulation in Iraq and the IFRS Adoption Decision: An Institutional Perspective. The International Journal of Accounting, 49 (3), 371–390.
Hong, P. K., Paik, D. G., & Smith, J. V. D. L. 2018. A study of long-lived asset impairment under U.S. GAAP and IFRS within the U.S. institutional environment. Journal of International Accounting, Auditing and Taxation, 31, 74–89.
Hou, Q., Jin, Q., & Wang, L. 2014. Mandatory IFRS adoption and executive compensation: Evidence from China. China Journal of Accounting Research, 7 (1), 9–29.
Houqe, M. N., Easton, S., & van Zijl, T. 2014. Does mandatory IFRS adoption improve information quality in low investor protection countries? Journal of International Accounting, Auditing and Taxation, 23 (2), 87–97.
Houqe, Muhammad Nurul., Monem, Reza M., Tareq, Mohammad dan Zijl, Tony Van. (2016). Secrecy and The Impact of Mandatory IFRS Adoption on Earnings Quality in Europe. Padicif-Basin Finance Journal, Vol. 40, Issue PB.
Houqe, Muhammad Nurul., Tony van Zijl, Tony Van., Dunstan, Keitha dan Karim, A.K.M. Waresul. (2012) The Effect of IFRS Adoption and Investor Protection on Earnings Quality Around the World. The International Journal of Accounting, Vol.47, Issue 3.
Jones, J. J. 1991. Earnings Management During Import Relief Investigations. Journal of Accounting Research, 29 (2), 193.
Jr, Wa. T. harison, Horngren, C. T., Thomas, C. W., & Suwardy, T. 2011. Akuntansi Keuangan: International Financial Reporting Standadrs. : Erlangga. Jakarta.
Landsman, W. R., Maydew, E. L., & Thornock, J. R. 2012. The information content of annual earnings announcements and mandatory adoption of IFRS. Journal of Accounting and Economics, 53 (1–2), 34–54.
Listyaningsih, Erna dan Krishnamurti, Chandrasekhar. (2016). How is The Volatility of Jakarta Islamic Index Stocks?, Jurnal Bisnis & Manajemen, Vol. 27, No. 2.
Müller, V.-O. 2014. The Impact of IFRS Adoption on the Quality of Consolidated Financial Reporting. Procedia-Social and Behavioral Sciences, 109, 976–982.
Persakis, A., & Iatridis, G. E. 2017. The joint effect of investor protection, IFRS and earnings quality on cost of capital: An international study. Journal of International Financial Markets, Institutions and Money, 46, 1–29.
Purba, Marisi. P. 2010. International Financial Report Standards Konvergensi dan Kendala Aplikasinya di Indonesia. Graha Ilmu. Yogyakarta.
Suprihatin, S., & Tresnaningsih, E. 2013. Dampak Konvergensi International Financial Reporting Standard terhadap Nilai Relevan Informasi Akuntansi. Jurnal Akuntansi dan Keuangan Indonesia, 10 (2), 171–183.
Sundgren, Stefan., Mäki, Juha., and Somoza-López, Antonio. 2018. Analyst Coverage, Market Liquidity and Disclosure Quality: A Study of Fair-value Disclosures by European Real Estate Companies Under IAS 40 and IFRS 13. The International Journal of Accounting, Vol. 53, Issue 1.
Tsalavoutas, I. 2011. Transition to IFRS and compliance with mandatory disclosure requirements: What is the signal? Advances in Accounting, 27 (2), 390–405.
Voulgaris, G., Stathopoulos, K., & Walker, M. 2014. IFRS and the Use of Accounting-Based Performance Measures in Executive Pay. The International Journal of Accounting, 49 (4), 479–514.
Yurisandi, T., & Puspitasari, E. 2015. Financial Reporting Quality - Before and After IFRS Adoption Using NiCE Qualitative Characteristics Measurement. Procedia-Social and Behavioral Sciences, 211, 644–652.
Zéghal, D., Chtourou, S., & Sellami, Y. M. 2011. An analysis of the effect of mandatory adoption of IAS/IFRS on earnings management. Journal of International Accounting, Auditing and Taxation, 20 (2), 61–72.
Zohoori, B., Verbraeck, A., Bagherpour, M., & Khakdaman, M. 2019. Monitoring production time and cost performance by combining earned value analysis and adaptive fuzzy control. Computers & Industrial Engineering, 127, 805–821.
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2019-05-01
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Asosiasi Program Studi Keuangan dan Perbankan Syariah
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