Value Relevance of Firms' Reportable Segment Profit or Loss Reconciliation

Nunung Nuryani; Tan Thing Heng; Phan Ferah

doi:10.35609/afr.2017.2.3(4)

Value Relevance of Firms' Reportable Segment Profit or Loss Reconciliation

GATR Journal of Accounting and Finance Review (AFR) Vol. 4 (4) Oct-Dec 2019 - GATR Accounting and Finance Review ◽

10.35609/afr.2017.2.3(4) ◽

2017 ◽

Vol 2 (3) ◽

pp. 26-31

Author(s):

Nunung Nuryani ◽

Tan Thing Heng ◽

Phan Ferah

Keyword(s):

Financial Reporting ◽

Audit Quality ◽

Value Relevance ◽

Stock Exchange ◽

Secondary Data ◽

Agency Cost ◽

Jel Classification ◽

Manufacturing Companies ◽

Accounting Firms ◽

Proprietary Cost

Objective - The International Financial Reporting Standards (IFRS) No.8 adopted in Indonesian GAAP (Statement No. 5, 2012) requires a company to provide a reconciliation of the total of the reportable segments' profit or loss of the firm's profit or loss. The objective of this standard is to improve the value relevance of information in the financial statement. This study aims to investigate the value relevance of the segment reconciliation and the determinants of segment income dissimilarity, i.e. agency cost, proprietary cost, and audit quality. Methodology/Technique - Data used in this study was a secondary data obtained from 142 manufacturing companies listed in Indonesia Stock Exchange (IDX) for the period 2009 to 2013. Purposive sampling method yielded 59 firms. Two research models were used to test proposed hypotheses. Findings - The results show reconciliation of total of segments' profit or loss of the firms' profit or loss positively affects the market value of equity; this means segments' reconciliation disclosure has value relevance for the investment decisions. In addition, this paper provides evidence that audit quality negatively affects the segment income dissimilarity, while agency cost and proprietary cost have no effect. This is consistent with hypothesis that firms audited by the Big Four tend to avoid disclosure of dissimilarity between firms profit or loss and segment profit or loss. Novelty - Our findings show that audit quality (Big 4 accounting firms) plays an important role in reducing dissimilarity between the sum of segment profit and firm profit (segment profit dissimilarity) Type of Paper: Empirical Keywords: Segment Reconciliation; Value Relevance; Agency Cost; Proprietary Cost; Audit Quality. JEL Classification: M41, M42.

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The Effect of Company Size, Company Age, Public Ownership and Audit Quality on Internet Financial Reporting

SRIWIJAYA INTERNATIONAL JOURNAL OF DYNAMIC ECONOMICS AND BUSINESS ◽

10.29259/sijdeb.v1i2.14 ◽

2017 ◽

Vol 1 (2) ◽

pp. 153

Author(s):

Maulida Dewi Firdaus Abdullah ◽

Muhammad Noor Ardiansah ◽

Nurul Hamidah

Keyword(s):

Financial Reporting ◽

Audit Quality ◽

Stock Exchange ◽

Secondary Data ◽

Stock Index ◽

Company Size ◽

Public Ownership ◽

Analysis Model ◽

Big Ten ◽

Accounting Firms

This study aims to examine the effect of company size, company age, public ownership, and audit quality toward Internet financial reporting on companies listed in Indonesia Sharia Stock Index (ISSI). This study uses secondary data from the financial statements issued by each company for the period 2015 and a report published by the Indonesia Stock Exchange (IDX). Logistic regression analysis model is used to analyze the data. The result of the research shows that IFR is influenced positively and significantly by company size, company age and public ownership indicating that the higher company size, company age and public ownership of a company, the higher the company's opportunity to do IFR. Meanwhile, IFR is influenced positively but not significant by audit quality, this because there are 60 companies that audited by non big ten accounting firms but doing IFR and there are 12 companies that audited by big ten accounting firms but not doing IFR. The influence of the four variables on IFR is 67,8%.

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The Effect of Company Size, Company Age, Public Ownership and Audit Quality on Internet Financial Reporting

SRIWIJAYA INTERNATIONAL JOURNAL OF DYNAMIC ECONOMICS AND BUSINESS ◽

10.29259/sijdeb.v1i2.153-166 ◽

2017 ◽

Vol 1 (2) ◽

pp. 153 ◽

Cited By ~ 1

Author(s):

Maulida Dewi Firdaus Abdullah ◽

Muhammad Noor Ardiansah ◽

Nurul Hamidah

Keyword(s):

Financial Reporting ◽

Audit Quality ◽

Stock Exchange ◽

Secondary Data ◽

Stock Index ◽

Company Size ◽

Public Ownership ◽

Analysis Model ◽

Big Ten ◽

Accounting Firms

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Pengaruh Audit Tenure, Komite Audit Dan Audit Capacity Stress Terhadap Kualitas Audit

JURNAL EKSPLORASI AKUNTANSI ◽

10.24036/jea.v1i2.94 ◽

2019 ◽

Vol 1 (2) ◽

pp. 543-555

Author(s):

Stephanie Yolanda ◽

Fefri Indra Arza ◽

Halmawati Halmawati

Keyword(s):

Significant Influence ◽

Audit Committee ◽

Audit Quality ◽

Stock Exchange ◽

Secondary Data ◽

Manufacturing Companies ◽

Significance Level ◽

Earnings Surprise ◽

Data Collection Technique ◽

Benchmark Approach

This study aims to determine the effect of the audit tenure, audit committee, and audit capacity stress on audit quality as measured by earnings surprise benchmark approach. The research used secondary data. The population was all manufacturing companies listed in Indonesia Stock Exchange in the period of 2015-2017. The data collection technique used is purposive sampling and 303 samples obtained data. The independent variables were audit tenure, audit committee, and audit capacity stress at the significance level of 5%. This study using logistic regression analysis techniques. The result of the research showed that audit tenure had no significant influence on audit quality with a significance level that is equal to 0.145, audit committee had no significant influence on audit quality a significance level that is equal to 0.652, and audit capacity stress had no significant influence on audit quality a significance level that is equal to 0.522 of the manufacturing companies listed in Indonesia Stock Exchange

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The influence factors of the complementary level of financial and tax aggressiveness in Indonesia

International Journal of Research in Business and Social Science (2147-4478) ◽

10.20525/ijrbs.v10i6.1317 ◽

2021 ◽

Vol 10 (6) ◽

pp. 213-220

Author(s):

Salsabila Anggiani Amriza ◽

Nurul Aisyah Rachmawati

Keyword(s):

Financial Reporting ◽

Audit Quality ◽

Stock Exchange ◽

Influence Factors ◽

Binary Logistic Regression ◽

Financial Constraint ◽

Manufacturing Companies ◽

Tax Aggressiveness ◽

Tax Reporting ◽

The Relationship

This research focus to investigate the effect of audit quality and financial constraint on the complementary level of financial and tax reporting aggressiveness. This research uses binary logistic regression to investigate the effect of audit quality and financial constraint on the complementary level of financial and tax reporting aggressiveness with a sample of 147 manufacturing companies listed on the Indonesia Stock Exchange (IDX) in 2017-2019. This research found that companies with good audit quality have a complementary level of financial and tax reporting aggressiveness that tends to be below. Also, companies that face financial constraints have a higher complementary level of financial reporting and tax aggressiveness. This study presents empirical evidence that supports the view of audit quality and financial constraint’s impact on the complementary level of financial and tax aggressiveness. Although there are many studies that discuss the relationship between financial and tax aggressiveness, there are still few studies that contribute to examine the determinants of the complementary level of financial and tax reporting aggressiveness in Indonesia.

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PENGARUH PROFITABILITAS, UKURAN PERUSAHAAN, KEPEMILIKAN INSTITUSIONAL, DAN KOMITE AUDIT TERHADAP KETEPATAN WAKTU PELAPORAN KEUANGAN

Jurnal Ekonomi Pembangunan STIE Muhammadiyah Palopo ◽

10.35906/jep01.v7i1.749 ◽

2021 ◽

Vol 7 (1) ◽

pp. 56

Author(s):

Erma Setiawati ◽

Eskasari Putri ◽

Nanda Devista Devista

Keyword(s):

Financial Reporting ◽

Firm Size ◽

Audit Committee ◽

Stock Exchange ◽

Secondary Data ◽

Institutional Ownership ◽

Analysis Data ◽

Manufacturing Companies ◽

Purposive Sampling ◽

Logistic Regression Method

AbstrakPenelitian ini bertujuan untuk mengetahui pengaruh profitabilas, ukuran perusahaan, kepemilikan institusional, dan komite audit terhadap ketepatan waktu pelaporan keuangan pada perusahaan manufaktur yang terdaftar di Bursa Efek Indonesia periode 2017-2019. Metode pengambilan sampel yang digunakan adalah metode purposive sampling, sehingga diperoleh 84 perusahaan manufaktur selama 3 tahun. Data yang digunakan dalam penelitian ini adalah data sekunder. Teknik analisis data yang digunakan adalah metode regresi logistik. Hasil dari penelitian ini menunjukkan bahwa profitabilitas, ukuran perusahaan, kepemilikan institusional, dan komite audit tidak berpengaruh terhadap ketepatan waktu pelaporan keuangan.Kata kunci: profitabilitas, ukuran perusahaan, kepemilikan institusional, komite audit, ketepatan waktu pelaporan keuanganAbstractThis study aims to determine the effect profitability, firm size, institutional ownership and audit committee to the timeliness of financial reporting on manufacturing companies listed on the Indonesia Stock Exchange period 2017-2019. Sampling method used in this research is purposive sampling, so that obtained 84 manufacturing companies for period 3 years. Data used in the study is a secondary data. Analysis data technique used is logistic regression method. The result shows that profitability, firm size, institutional ownership and audit committee not significant to the timeliness of financial reporting.Keywords: profitability, firm size, institutional ownership, audit committee, timeliness of financial reporting

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The Effect Of Audit Tenure, Company Size, Audit Firm's Reputation On Audit Quality

Jurnal Ilmiah Akuntansi Kesatuan ◽

10.37641/jiakes.v8i3.391 ◽

2020 ◽

Vol 8 (3) ◽

pp. 393-402

Author(s):

Kinanti Putri Nasuci ◽

Retna Sari ◽

Ratna Hindria Dyah Pita Sari

Keyword(s):

Regression Analysis ◽

Research Method ◽

Quantitative Research ◽

Sampling Method ◽

Audit Quality ◽

Stock Exchange ◽

Secondary Data ◽

Company Size ◽

Manufacturing Companies ◽

Literature Study

This study aims to determine the effect of audit tenure, company size, and KAP's reputation on audit quality. The theory used in this research is agency theory. This research used quantitative research method. This data collected was secondary data by documentation and literature study. The sample used in this study was manufacturing companies in the consumer goods sector which were listed on the Indonesia Stock Exchange in 2015 – 2018. The sample of this study amounted to 128 observational data from 32 companies chosen by purposive sampling method. The analysis used logistic regression analysis. The results showed audit tenure and KAP's reputation have a significant effect on audit quality, while firm size has no significantly effect on audit quality. Keywords: Audit Quality, Audit Tenure, Company Size, KAP Reputation

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The Effect of Ratio, Issuance of Stocks and Auditors’ Quality toward the Timeliness of Financial Reporting on the Internet by Consumer Goods Sector Companies in Indonesia

Binus Business Review ◽

10.21512/bbr.v6i3.954 ◽

2015 ◽

Vol 6 (3) ◽

pp. 439 ◽

Cited By ~ 1

Author(s):

Lidiyawati Lidiyawati ◽

Ratih Wulandari

Keyword(s):

Financial Reporting ◽

Firm Size ◽

Consumer Goods ◽

Audit Quality ◽

Stock Exchange ◽

Secondary Data ◽

The Internet ◽

Analysis Method ◽

Auditor Quality

This study was conducted to analyze the factors that affect the timeliness of financial reporting on the Internet in the Consumer Goods sector companies listed in Indonesia Stock Exchange (IDX). Variables used were leverage, profitability, size of company, the issuance of stock and the quality of auditors. Data analysis method used was logistic regression at the 0.05 level. The data used were secondary data and using sample Consumer Goods companies listed in the Indonesia Stock Exchange in 2010-2012. This study tested the effect of variable leverage, profitability, firm size, auditor quality stocks, and the timeliness of financial reporting on the Internet. The results obtained from these tests support the timeliness of audit quality of financial reporting on theInternet. However, other variables such as leverage, profitability, firm size, stock issuance did not support the timeliness of financial reporting on the Internet.

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ANALYSIS OF THE FACTORS THAT AFFECT THE COMPANY'S ACCOUNTING CONSERVATISM

The Accounting Journal of Binaniaga ◽

10.33062/ajb.v5i2.391 ◽

2020 ◽

Vol 5 (2) ◽

pp. 101

Author(s):

Wulan Wahyuni Rossa Putri ◽

Nilda Tartilla ◽

M. Nofal Pamungkas

Keyword(s):

Real Estate ◽

Financial Reporting ◽

Financial Distress ◽

Stock Exchange ◽

Secondary Data ◽

Capital Intensity ◽

Accounting Conservatism ◽

Annual Reports ◽

Construction Sector ◽

Manufacturing Companies

Accounting conservatism is a precautionary principle in financial reporting. In this principle, it slows down the recognition of revenue and accelerates the recognition of costs so as to result in lower profits and assets, as well as high costs and debt. This study aims to determine the factors that affect accounting conservatism in the Property Real Estate and Buliding Construction sector manufacturing companies listed on the IDX.The data source used in this research is secondary data. Data is sourced from audited annual reports obtained from the IDX official website, namely www.idx.co.id. The population of this research is manufacturing companies listed on the Indonesia Stock Exchange, with research samples in the Property Real Estate and Buliding Construction sector in the 2013-2017 period. The samples were determined using purposive sampling method. The method of analysis used in this research is multiple regression with the SPSS version 25 program and hypothesis testing is done using multiple linear regression method.The results of this study indicate that leverage has no effect on accounting conservatism with a significance value of 0.554. Financial distress has no effect on accounting conservatism with a value of 0.852. Meanwhile, capital intensity has an effect on accounting conservatism with a significance value of 0.000. As well as Leverage, Financial Distress, and Capital Intensity simultaneously affect accounting conservatism.

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Pengaruh Leverage, Ukuran Perusahaan, Profitabilitas, Kualitas Audit, dan Komite Audit terhadap Manajemen Laba

Jurnal Ilmiah Aset ◽

10.37470/1.23.1.176 ◽

2021 ◽

Vol 23 (1) ◽

pp. 43-52

Author(s):

Nimas Arum Sari ◽

Yeye Susilowati

Keyword(s):

Earnings Management ◽

Audit Committee ◽

Audit Quality ◽

Stock Exchange ◽

Secondary Data ◽

Total Sample ◽

Company Size ◽

Analysis Tool ◽

Manufacturing Companies ◽

Data Analysis Tool

This test is conducted in order to analyze and test the leverage, company size, profitability, and audit quality, and the audit committee in influencing earnings management. This research is sourced from an annual report from a manufacturing company on the Indonesia Stock Exchange. Starting from 2015 to 2018. Samples taken by researchers there are certain criteria in order to obtain more representative data. So that a total sample of 327 manufacturing companies was obtained during the study period. Researchers used secondary data, the data obtained through the site www.idx.co.id, www.sahamok.com, and several related company websites. This data analysis tool uses multiple linear regression. The end of this test includes evidence in the form of leverage and audit committee which has a positive and significant effect on earnings management, while company size, profitability and audit quality have no effect on earnings management.

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PENGARUH RELEVANSI NILAI INFORMASI OTHER COMPREHENSIVE INCOME DAN NET INCOME TERHADAP RETURN SAHAM

Media Riset Akuntansi Auditing & Informasi ◽

10.25105/mraai.v17i1.2038 ◽

2017 ◽

Vol 17 (1) ◽

pp. 53

Author(s):

Titik Aryati ◽

Natasya Nadia Wibowo

Keyword(s):

Stock Return ◽

Value Relevance ◽

Stock Exchange ◽

Panel Data Analysis ◽

Secondary Data ◽

Net Income ◽

Manufacturing Companies ◽

Comprehensive Income ◽

Other Comprehensive Income ◽

Size Growth

This research has a purpose to analyze the influence value relevance of information Other Comprehensive Income and Net Income in explaining Stock Return by using control variables, namely Firm Size, Growth, Debt to Total Assets, and Return on Assets. The sample used in this research are manufacturing companies which is listed in Indonesian Stock Exchange from 2011 to 2015. Obtained by 53 manufacturing companies the research sample. Data used in this research are secondary data obtained from the form of the annual audited financial statements derived from the Indonesia Stock Exchange (IDX) the period of 2011-2015 and the Indonesian Capital Market Directory (ICMD) in the period 2011-2015. The statistic method used to test on the research hypothesis is panel data analysis. The research results found that variables of the research model which are Other Comprehensive Income has a negative and significant effect on stock return, whereas Net Income has a positive and significant effect on stock return.

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