NILAI RELEVANSI INFORMASI AKUNTANSI BIAYA PENELITIAN DAN PENGEMBANGAN (R&D) PASCA PENERAPAN PSAK KONVERGENSI IFRS
Abstract
This study aimed to test the value relevance of accounting information cost of research and development (R&D) after the adoption of Indonesia’s convergence IFRS SFAS. Value relevance has increased the cost of resech and development (R&D) before and after the application of SFAS convergence IFRS by using pricing models return. The population used in this study is an company listed in the Indonesia Stock Exchange (BEI) during the periodof 2010 to2013. The sample in this study using purposive sampling with final sample of 120 companies.The results of this study indicate that R2 increase and there is a difference in value relevance of accounting in formation cost of R&D before and after convergence by using pricing models and return models.
Keywords: Stock Prices, Return Models,CostR&D.
