OSREL stie-mce
Online Search and Retrieval Library
Faculty Research
ASPEK KONSERVATISME AKUNTANSI SEBAGAI DILEMA DALAM PENERAPAN KONVERGENSI IFRS DI INDONESIA
| Detail | |
|---|---|
| Author | TUTIK ARNIATI |
| ID | 202.710.103 |
| Published Date | 12-03-2012 |
Abstract
-The objective of this study is to examine earnings power prediction differences among companies that applying conservatism with more optimism accounting. This study also to examine the influence of conservatism to the information asymmetry. Conservative accounting would influence earnings power prediction (Panman and Zhang, 2002), but that conservatism has negative correlation to the information asymmetry (lagond and Watts, 2006). The population consists of manufacturing companies listed on the Jakarta Stock Exchange during period of 2008 – 2010. The sample itu members of 134 companies that are selected using purpose sampling method. The accounting conservatism was measured by earnings/accrual measure (Watts, 2003). Earnings power prediction of companies was measured by Mean Absolut Error (MABE). The result shows yjat companies which apply conservative accounting have lower earnings prediction power that companies which more optimistic accounting. Buat the differences is not significant. Examining the influence of conservatism to the information asymmetry, used CSPREAD as measuring asymmetrical accounting (Kanagaretnam et.al, 2007). The research showed conservatism has negative correlation to the information asymmety, although not significant. It support Lafond and Watts (2006) which explained that conservatism has its role to reduce in information asymmetry. This result is expected to suggest that IFRS will never leave conservatism principles, because these principles have been proven to reduce asymmetry information between manager and investor. Keywords: conservatism, earnings prediction power, information asymmetry, bis ask spread, accrual measure.