A Comparative Study on Financial Performance of Registered Companies in the Jakarta Islamic Index (JII) Before and After the Implementation of IFRS in Accounting Standards
- 10.2991/aebmr.k.200626.009How to use a DOI?
- IFRS, Liquidity, Solvability, Profitability, Jakarta Islamic Indeks
International Financial Reporting Standard (IFRS) is one of the changes in accounting standard regulations that affect the environment of international accounting information. In increasing capital market activities, IFRS provides a series of uniformity of accounting standards which is adopted by various countries in the world that have the purpose to improve the international comparability and the quality of financial reporting. The financial accounting standard in Indonesia is applied to companies which have responsibility to the public. The purpose of this research was to analyze the differences of financial performance that were measured by the ratio of liquidity, solvability, and profitability, before and after the companies had converted to IFRS. This was comparative research, that compared the financial reporting by using purposive sampling technique on three companies which were continuously registered in the Jakarta Islamic Index for the period 2006-2018. Data was analyzed by using Wilcoxon test, because the normality test result was abnormal. The results of this research showed that liquidity ratio, which was measured by using Current Ratio (CR), and solvability ratio, which was measured by using DER and DAR, had no significant differences before and after the conversion to IFRS.
- © 2020, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Muhammad Sholahuddin AU - Adi Parkawati PY - 2020 DA - 2020/06/29 TI - A Comparative Study on Financial Performance of Registered Companies in the Jakarta Islamic Index (JII) Before and After the Implementation of IFRS in Accounting Standards BT - Proceedings of the 8th International Conference on Entrepreneurship and Business Management (ICEBM 2019) UNTAR PB - Atlantis Press SP - 47 EP - 51 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.200626.009 DO - 10.2991/aebmr.k.200626.009 ID - Sholahuddin2020 ER -