Proceedings of the 8th International Conference on Entrepreneurship and Business Management (ICEBM 2019) UNTAR

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

Authors
Muhammad Sholahuddin, Adi Parkawati
Corresponding Author
Muhammad Sholahuddin
Available Online 29 June 2020.
DOI
https://doi.org/10.2991/aebmr.k.200626.009How to use a DOI?
Keywords
IFRS, Liquidity, Solvability, Profitability, Jakarta Islamic Indeks
Abstract
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.
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Proceedings
8th International Conference of Entrepreneurship and Business Management Untar (ICEBM 2019)
Part of series
Advances in Economics, Business and Management Research
Publication Date
29 June 2020
ISBN
978-94-6252-980-9
ISSN
2352-5428
DOI
https://doi.org/10.2991/aebmr.k.200626.009How to use a DOI?
Open Access
This is an open access article distributed under the CC BY-NC license.

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  - 8th International Conference of Entrepreneurship and Business Management Untar (ICEBM 2019)
PB  - Atlantis Press
SP  - 47
EP  - 51
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.200626.009
DO  - https://doi.org/10.2991/aebmr.k.200626.009
ID  - Sholahuddin2020
ER  -