Proceedings of International Conference on Issues in Social and Education Research (ICISER 2017)

Audit Fees, Financial Performance and Risk Based Assets Revaluation

Authors
Rima Auliayatama Agustina, Nurmala Ahmar
Corresponding Author
Rima Auliayatama Agustina
Available Online December 2018.
Keywords
Asset Revaluation, Audit Fees, Return on Asset, Debt to Asset Ratio
Abstract

The adoption of the International Financial Statement allows the assessment of asset revaluation, but this is not widely practiced in Indonesia.One of the factor is the relatively high additional cost for appraiser. Application of fixed assets revaluation can give contribution to the growth of companies in Indonesia The other factors related to the fixed assets revaluation include audit fees, financial performance and company’s risk. The purpose of this research is to see whether there are differences in terms of audit fees, return on assets and debt to assets ratio between listed manufacturing companies in Indonesia who did asset revaluation and those who did not. Samples are manufacturing company that undertakes and does not revalue its assets in the same industry and comparable asset value. The result of the tests shows that return on asset is difference, and there are no differences of audit fees and debt to asset ratio. Future research can further investigate the impact of implementing government regulations on tax relief on asset revaluation. It is important to do because empirically, the company's motivation to perform asset revaluation is not caused by the increase of firm value.

Copyright
© 2018, 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/).

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Volume Title
Proceedings of International Conference on Issues in Social and Education Research (ICISER 2017)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
December 2018
ISBN
null
ISSN
2352-5398
Copyright
© 2018, 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  - Rima Auliayatama Agustina
AU  - Nurmala Ahmar
PY  - 2018/12
DA  - 2018/12
TI  - Audit Fees, Financial Performance and Risk Based Assets Revaluation
BT  - Proceedings of International Conference on Issues in Social and Education Research (ICISER 2017)
PB  - Atlantis Press
SP  - 57
EP  - 62
SN  - 2352-5398
UR  - https://www.atlantis-press.com/article/55910565
ID  - Agustina2018/12
ER  -