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PENGARUH ADOPSI IFRS TERHADAP KOMPARABILITAS LAPORAN KEUANGAN
Last modified: 2020-12-17
Abstract
The efforts of ASEAN countries in adopting IFRS standards are increasing after the enactment of the ASEAN Economic Community (AEC). Despite the increasing efforts of IFRS adoption, the benefits and whether there are differences in the effects of adoption methods remain unclear. This study aims to examine the effect of IFRS adoption on the comparability of financial statements in retail companies in 5 ASEAN countries, namely Malaysia, Singapore, the Philippines, Thailand and Indonesia. In this study the comparability of financial statements is proxied by the measurement value of output-based comparability, while the IFRS adoption rate is measured using the measurement of the adoption rate value. The population of this study consisted of retail sector companies listed on the Indonesia, Malaysia, Singapore, the Philippines and Thailand stock exchanges in 2016 - 2018. This study used a purposive sampling method as a sampling technique. Testing of the hypothesis used in this study uses Ordinary Least Square (OLS) regression analysis. The results of this study indicate that the level of IFRS adoption has a significant positive effect on the comparability of financial statements. Further analysis also shows that this effect does not have any significant differences between countries that conduct full adoption of IFRS and countries that conduct partial convergence of IFRS. This study contributes to the existing literature by giving new knowledge of the benefit of IFRS adoption on financial statement comparability and wether the benefit differs between adoption methods.
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