PENGARUH KONVERGENSI IFRS TERHADAP RELEVANSI NILAI INFORMASI AKUNTANSI

Abstract

Value relevance become an issue since IASB released IFRS and it has been implementing all over the world.  With no exception in Indonesia, Indonesia’s Financial Accounting standard Board  has come out with new financial accounting standard (IFRS compliance) and it was started implemented in January 2012. There are still limited study investigating value relevance post the new financial accounting standard implementation. Therefore, this study determine whether any difference in value relavance pre and post standard implementation. By using the secondary data and manufacturing companies listed in Indonesia capital market, we find that there is a little  bit difference of value relevance pre and post implemention for both model: price and return model. Therefore, we can conclude that implementing IFRS convergence financial accounting standard do not improve much the value relevance in Indonesia.

Keywords : Share, Price Model, Return Mode