Reporting location and the value relevance of accounting information: The case of other comprehensive income

2015 ◽  
Vol 31 (2) ◽  
pp. 239-246 ◽  
Author(s):  
Philipp D. Schaberl ◽  
Lisa M. Victoravich
Keyword(s):  
Value Relevance ◽  
Accounting Information ◽  
Comprehensive Income ◽  
Other Comprehensive Income

scholarly journals The Influence of the Quality of an Audit to Relationship Other Comprehensive Income (OCI) And Relevance of Value Accounting Information, And Asymmetry of Information (Study on Companies in Indonesia)

2017 ◽  
Vol 5 (1) ◽  
pp. 46-52
Author(s):  
Yurniwati Yurniwati ◽  
Amsal Djunid ◽  
Nini Sumarni ◽  
Ike Pranita
Keyword(s):  
Information Asymmetry ◽  
Value Relevance ◽  
Linear Regression Analysis ◽  
Accounting Information ◽  
Asymmetry Of Information ◽  
Comprehensive Income ◽  
Other Comprehensive Income ◽  
Relationship Of ◽  
The Relationship

Objective - This study examines the influence of the quality of an audit to the relationship of Other Comprehensive Income (OCI) and Relevanceof Value Accounting Information, and Asymmetry of Information in Indonesia's companies. Methodology/Technique - This research uses secondary data obtained from the company's annual report in 2012 - 2014. A purposive sampling method is used to collect data and the analysis of the hypothesis was conducted usingmultiple linear regression analysis. Findings - The research has shown that Quality of Audit has a significant influence to the relationship of the OCI disclosure and Relevance of Value Accounting Information has a value of sig. 0.000, F calculate is 26.816 larger than F table 2.396 and adjusted R square 0.241. Novelty - The study looks at the disclosures of OCI component's role in the investors decision making and it increases value relevance of accounting information and reducing information asymmetry. Type of Paper - Empirical Keywords: Other Comprehensive Income (OCI); Relevance of Value Accounting Information; Information Asymmetry; Quality of Audit. JEL Classification: D82, M41, M42.

Pengaruh Pengungkapan Other Comprehensive Income Terhadap Relevansi Nilai Informasi Akuntansi dengan Kualitas Audit sebagai Variabel Pemoderasi pada Perusahaan Industri Barang Konsumsi yang Terdaftar di Bursa Efek Indonesia Periode 2015-2017

2019 ◽  
Vol 14 (2) ◽  
pp. 1
Author(s):  
Via Novita Sari ◽  
Firman Surya ◽  
Irda Rosita
Keyword(s):  
Consumer Goods ◽  
Audit Quality ◽  
Value Relevance ◽  
Stock Exchange ◽  
Linear Regression Analysis ◽  
Accounting Information ◽  
Sampling Technique ◽  
Comprehensive Income ◽  
Other Comprehensive Income ◽  
Consumer Goods Industry

AbstractThis study aims to examine the effect of other comprehensive income disclosure towards value relevance of accounting information with the audit quality as moderating variables. The data used in this study is the secondary data obtained from the financial statements of consumer goods industry companies listed on the Indonesia Stock Exchange for the period of 2015-2017. The sampling technique used by using purposive sampling and it obtained the sample of 34 consumer goods industry companies. The data analysis technique used is multiple linear regression analysis and dummy variable moderation test (subgroup) using SPSS version 20. The results showed that the disclosure of other comprehensive income donot affect the value relevance of accounting information which is moderated by audit quality. Keywords: Disclosures of Other Comprehensive Income, Value Relevance of Accounting

scholarly journals Pengaruh Kualitas Audit Terhadap Hubungan Pengungkapan Other Comprehensive Income Dengan Relevansi Nilai Informasi Akuntansi Pada Perusahaan Yang Terdaftar Di Bursa Efek Indonesia

2018 ◽  
Vol 13 (2) ◽  
pp. 1-16
Author(s):  
Firman Surya ◽  
Rangga Putra Ananto ◽  
Dita Maretha Rissi
Keyword(s):  
Capital Market ◽  
Audit Quality ◽  
Value Relevance ◽  
Stock Exchange ◽  
Linear Regression Analysis ◽  
Accounting Information ◽  
Multiple Linear Regression Analysis ◽  
Market Participants ◽  
Comprehensive Income ◽  
Other Comprehensive Income

OCI components contain high assumptions, estimates and judgments from managements, therefore, high quality audits may improve the value relevance of OCI. The aims of this research is to analyze the effects of audit quality on relationship of other comprehensive income disclosure with value relevance of accounting information on companies listed in Indonesia Stock Exchange for 2014-2016. Other comprehensive income as independent variable is measured by OCI ratio. Methods of data analysis in this research using multiple linear regression analysis. The results of this research show that the disclosure of other comprehensive income that supported by audit quality may increase the value relevance of accounting information. This results obtained from the F test significant value of 0.000 (<0.05) with the level of influence of 24.1% as evidenced by the value of adjusted R2. Based on the results of the research are expected to related parties in the capital market may encourage capital market participants to optimize the information contained in the financial statements, including information on other comprehensive income.

scholarly journals Pengaruh Pengungkapan Other Comprehensive Income Terhadap Relevansi Nilai Informasi Akuntansi dengan Kualitas Audit sebagai Variabel Pemoderasi pada Perusahaan Industri Barang Konsumsi yang Terdaftar di Bursa Efek Indonesia Periode 2015-2017

2021 ◽  
Vol 14 (2) ◽  
pp. 1-14
Author(s):  
Via Novita Sari ◽  
Firman Surya ◽  
Irda Rosita
Keyword(s):  
Consumer Goods ◽  
Audit Quality ◽  
Value Relevance ◽  
Stock Exchange ◽  
Linear Regression Analysis ◽  
Accounting Information ◽  
Sampling Technique ◽  
Comprehensive Income ◽  
Other Comprehensive Income ◽  
Consumer Goods Industry

This study aims to examine the effect of other comprehensive income disclosure towards value relevance of accounting information with the audit quality as moderating variables. The data used in this study is the secondary data obtained from the financial statements of consumer goods industry companies listed on the Indonesia Stock Exchange for the period of 2015-2017. The sampling technique used by using purposive sampling and it obtained the sample of 34 consumer goods industry companies. The data analysis technique used is multiple linear regression analysis and dummy variable moderation test (sub-group) using SPSS version 20. The results showed that the disclosure of  other comprehensive income do not affect the value relevance of accounting information which is moderated by audit quality.

DİĞER KAPSAMLI GELİR KALEMLERİ İLE İŞLETMENİN PİYASA DEĞERİ ARASINDAKİ İLİŞKİ

2014 ◽  
Vol 1 (3) ◽  
pp. 269
Author(s):  
Serhan Gürkan ◽  
Yasemin Köse
Keyword(s):  
Financial Performance ◽  
Value Relevance ◽  
Net Income ◽  
Comprehensive Income ◽  
Income Statement ◽  
Other Comprehensive Income ◽  
The Difference ◽  
Gains And Losses

Other comprehensive income is the difference between net income as in the Income Statement and comprehensive income, and represents the certain gains and losses of the enterprise not recognized in the Profit or Loss Account. Value relevance of other comprehensive income is under discussion and considering other comprehensive income items all together might be misleading for financial performance. In the view of such information, discussing the value relevance of each other comprehensive income item, judgements are made.

scholarly journals Value Relevance Of Other Comprehensive Income

2017 ◽  
Vol 8 (Special Issue) ◽  
pp. 133-143 ◽  
Author(s):  
Maryam Yousefi Nejad ◽  
Azlina Ahmad ◽  
Zaini Embong
Keyword(s):  
Value Relevance ◽  
Comprehensive Income ◽  
Other Comprehensive Income

scholarly journals Relevância da informação contábil para o mercado brasileiro de capitais: uma análise comparativa entre lucro líquido, lucro abrangente e fluxo de caixa operacional

2017 ◽  
Vol 16 (1) ◽  
pp. 381-408
Author(s):  
Tayná Cruz Batista ◽  
Juliana Ferreira de Oliveira ◽  
Marcelo Alvaro da Silva Macedo
Keyword(s):  
Organizational Performance ◽  
Stock Returns ◽  
Cash Flow ◽  
Value Relevance ◽  
Accounting Information ◽  
Sao Paulo ◽  
Share Price ◽  
São Paulo ◽  
Comprehensive Income ◽  
Operating Cash Flow

Para que as informações contábeis sejam úteis às partes interessadas é necessário, entre outros aspectos, que elas sejam relevantes na revelação do desempenho organizacional. Os estudos sobre a relevância da informação contábil buscam analisar, de maneira geral, se as variações nos preços/retornos das ações guardam relação com as informações contábeis. Ou seja, verificam a relevância das informações contábeis sob a ótica dos investidores (mercado de capitais). Nesse sentido, neste trabalho buscou-se analisar se as informações contábeis são capazes de explicar as variações ocorridas no preço da ação das empresas listadas na Bolsa de Valores de São Paulo (BM&FBovespa), utilizando o Lucro Líquido (LL), o Lucro Abrangente (LA) e o Fluxo de Caixa Operacional (FCO). A partir da base de dados Economática®, foram coletadas as informações referentes ao LL, ao FCO e a Outros Resultados Abrangentes (ORAs) de 2010 a 2013. Os resultados revelam que, de maneira geral, para o mercado brasileiro de capitais, o LL se mostrou mais relevante. Em seguida, observou-se que o LA foi o mais relevante. Por outro lado, constatou-se que o FCO apresentou menor relevância; isso pode estar associado ao fato de que o lucro atende a diversas demandas, o que pode justificar maior interesse dos usuários (investidores) por essa medida de desempenho em comparação com as demais informações analisadas.Palavras-chave: Relevância da informação contábil. Lucro Líquido. Fluxo de Caixa Operacional. Lucro Abrangente. Abstract For the accounting information to be useful to stakeholders, it is required, among other things, that they are relevant in the development of organizational performance. Studies on value relevance seek to analyze, in general, if the changes in prices/stock returns are related to the accounting information. So, they check the value relevance from the perspective of investors (capital markets). In this sense, this study sought to examine if the accounting information is able to explain the variations in the share price of companies listed on the São Paulo Stock Exchange (BM&FBovespa), using Net Income (NI), Comprehensive Income (CI) and Operating Cash Flow (OCF). The information for the NI, OCF and Other Comprehensive Income (OCI) of the years 2010 to 2013 were collected from the Economática® database. The results show that, in general, for the Brazilian capital market, the NI proved to be more relevant. Then it was observed that CI is the most relevant. Moreover, it was found that the OCF showed less relevance; this may be associated with the fact that profit meets various demands, what could justify greater interest of users (investors) by that measure performance in comparison to other information analyzed.Keywords: Value relevance. Net Profit. Operating Cash Flow. Comprehensive Income.

scholarly journals Value Relevance of net income, other comprehensive income, and comprehensive income in Brazil

2020 ◽  
Vol 21 ◽  
pp. 1-22
Author(s):  
Cassiana Bortoli ◽  
Alcido Manuel Juaniha ◽  
Jorge Eduardo Scarpin ◽  
Nayane Thais Krespi Musial ◽  
Claudio Marcelo Edwards Barros
Keyword(s):  
Stock Returns ◽  
Regression Models ◽  
Value Relevance ◽  
Standard Errors ◽  
Positive Contribution ◽  
Net Income ◽  
Control Variables ◽  
Gross Domestic Product Growth ◽  
Comprehensive Income ◽  
Other Comprehensive Income

This paper uses the Ohlson Model to analyze whether Net Income (NI), Other Comprehensive Income (OCI), and Comprehensive Income (CI) are value relevant for market value and the return of shares of publicy-traded Brazilian companies. To maximize the robustness of the results, we inserted the following control variables for each model: equity per Share (EqPS), Size (S), Industry (I), EBITDA per Share (EbPS), Revenue per Share (RePS), Liquidity (L), and Gross Domestic Product Growth (GDPG). The control variables S, RePS, and GDPG were significant for the three models related to the value of the company. The control variables EqPS, EbPS, RePS, and L, on the other hand, were only significant for the three models related to stock returns. Our main variables (NI, OCI, and CI) were found to be statistically significant in five of the six regression models after data analysis in a fixed effect panel using robust standard errors. However, only the variables NI and CI were considered to be relevant in the expected direction, meaning that they offered a positive contribution in explaining the value of the company.

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