RELEVANSI NILAI AKUNTANSI AKRUAL VERSUS KAS
Abstract
Value relevance specifically explains the relationship between the dependent variable, which is based on the price of a security, and the independent variable of accounting information. There are two common measurement methods used by investors to determine the value of accounting information, namely the profit and loss approach and the balance sheet approach which are both accrual-based. This study uses a qualitative approach, which employed respondents of lecturers of Capital Market subjects, Accountants/consultants, and members of the IAI of NTB Region. The results of the study generally states that the accrual approach has a small impact on changes in stock prices and different from the cash flow.
References
Ball, R. and P. Brown.1968. An Empirical Evaluation of Accounting Income Numbers. Journal of Accounting Research. Vol. 6 (Autumn). pp. 159-178
Barth, M.E., and WR Landsman. 1995. Fundamental Issues Related to Using Fair Value Accounting for Financial Reporting. Accounting Horizon. Vol. 9 No. 4. pp. 97-107.
Barth, ME., John A. Elliot, and Mark W. Finn. 1999. Market Rewards Associated With pattern on Increasing Earning. Journal of Accounting Research. Vol. 2 (Autumn). pp. 387-413.
Barth, ME., W.H. Beaver and W.R. Landsman. 2001. The Relevance of Value Relevance Research for Financial Accounting Standard Setting: Another View. Journal of Accounting and Economics. Vol. 39 (September). pp. 77-104.
Beaver, William H. 1968. The Information Content of Earnings. Journal of Accounting Research. Vol. 6 (supplement) pp. 67-92.
Beaver, William H. 2002. Perspectives on Recent Capital Market Research. The Accounting Review. Vol 7 (2) April. pp. 453-474.
Brown, Stephen., Kin Lo and Thomas Lys. 1999. Use of R2 in Accounting Research: Measuring Changes in Value Relevance Over the Last Four Decades. Journal of Accounting and Economics. Vol. 28. pp. 83-115.
Burgstahler, D. and I. Dichev, 1997, Earning, Adaption, and Equity Value, The Accounting Review, vol 72 pp187-215.
Capstaff, John, Khrisna Paudyal, and William Rees. 1998. Earnings Forecasts and the Earnings to Price Relationship. [email protected].
Collins, Daniel W., Edward L. Maydew, and Ira S. Weiss. 1997. Changes in the Value Relevance of Earnings and Book Values Over the Past Forty Years. Journal of Accounting and Economics. Vol. 24. pp. 39-67.
Coram, Paul. 2004. An Experimental Evaluation of the Effect of Voluntary Disclosure of Non-Financial Performance Indicators and Assurance on this Information on Stock Price Estimation and Earnings Forecasts. Paper from PhD. Dissertation. Australian National University.
Cooper, Donald R. dan C.William Emory. 1996, Metode Penelitian Bisnis, Terjemahan, Jilid 1, Edisi 5, Erlangga, Jakarta.
Dechow, P, R. Sloan and Sweeney, 1995. Detecting Earning Management. The Accounting Review. Vol 70 pp.193-226.
DeFond, Mark L., 2002. Discussion of the Balance Sheet as an Earnings Management Constraint. The Accounting Review. Vol 77 pp.29-33.
Dontoh, Alex., Suresh Radhakrishnan and Joshua Ronen. 2004. The Declining Value Relevance of Accounting Information and Non-Information-Based Trading: An Empirical Analysis. Contemporary Accounting Research. Vol. 21 pp. 793-812.
Francis, Jennifer and Catherine Schipper. 1999. Have Financial Statements Lost Their Relevance. Journal of Accounting Research. Vol. 37 (2). pp. 319-352.
Fields D. Thomas, Thomas Z. Lys, and Linda Vincent. 2001. Empirical Research on Accounting Choice. Journal of Accounting and Economics. Vol. 31. pp. 255-307.
Gujarati, Damodar. 1998. Ekonometrika Dasar. Penerbit Erlangga. Jakarta.
Hair, J.F. Jr., R.E. Anderson, R.L. Tatham, W.C. Black. 1998, Multivariate Data Analysis, Fifth Edition, Pretice Hall International.
Healy, P., 1985. The The Impact of Bonus Scheme on Selection of Accounting Principles. Journal of Accounting and Economic.
Healy, P. And J.M. Wahlen. 1999. A Review of Earning Managements Literature and Its Implication for Standart Setting. Accounting Horizon Vol 13 pp.365-384.
Holthasen and Watss, 2001. The Relevance of Value Relevance Literatur for Financial Accounting Standar Setting. Journal of Accounting and Economic.
Jones, Jeniffer J. 1991. Earnings Management During Import Relief Investigation. Journal of Accounting Research, Vol 29 No 2 Autumn.
Lev, Baruch and Paul Zarowin. 1999. The Boundaries of Financial Reporting and How To Extend Them. Journal of Accounting Research. Vol. 37 (2). pp. 353-385.
Marquardt, Carol A. dan Christine I. Weidman, 2004. The Effect Of Earnings Management On Value Relevance Of Accounting Information. Journal of Business Finance and Accounting.
Ohlson, James A. 1995. Earnings, Book Values, and Dividen in Equity Valuation. Contemporary Accounting Research, Vol 11 No 2 Spring.
Sloan, R., 1996. Do Stock Price fully Reflect Information in Accruals and Cash Flow About Future Earnings? The Accounting Review.
Scott, William R. 2003, Financial Accounting Theory, Pearson Education Canada Inc., Toronto, Ontario.
Subramanyam, K. R., 1996. The Pricing of Discretionary Accrual. Journal of Accounting and Economic. Vol 22 pp. 249-281.
Saerang, David Paul Elia (2001). Accountability and Accounting in a Religius Organization: an Interactive Ethnographic Study of the Pantecostal Chruch of Indonesia. Disertation University Wollonggong.
Sanders, Patricia (1982). Phenomenology: A New Way of Viewing Organizational Research. Academy of Management Review. Vol. 7 (3) pp 353-360.
Teoh Siew Hong, Ivo Welch, and T.J. Wong. 1998. Earning Management and the Underperformance of Seasoned Equity Offering. Journal of Financial Economic. Vol 50 pp.63-99.
Watts, R. Dan J. Zimmerman, 1986, Positive Accounting Theory, Englewood Cliff, New Jersey: Pertice Hall.
Barth, M.E., and WR Landsman. 1995. Fundamental Issues Related to Using Fair Value Accounting for Financial Reporting. Accounting Horizon. Vol. 9 No. 4. pp. 97-107.
Barth, ME., John A. Elliot, and Mark W. Finn. 1999. Market Rewards Associated With pattern on Increasing Earning. Journal of Accounting Research. Vol. 2 (Autumn). pp. 387-413.
Barth, ME., W.H. Beaver and W.R. Landsman. 2001. The Relevance of Value Relevance Research for Financial Accounting Standard Setting: Another View. Journal of Accounting and Economics. Vol. 39 (September). pp. 77-104.
Beaver, William H. 1968. The Information Content of Earnings. Journal of Accounting Research. Vol. 6 (supplement) pp. 67-92.
Beaver, William H. 2002. Perspectives on Recent Capital Market Research. The Accounting Review. Vol 7 (2) April. pp. 453-474.
Brown, Stephen., Kin Lo and Thomas Lys. 1999. Use of R2 in Accounting Research: Measuring Changes in Value Relevance Over the Last Four Decades. Journal of Accounting and Economics. Vol. 28. pp. 83-115.
Burgstahler, D. and I. Dichev, 1997, Earning, Adaption, and Equity Value, The Accounting Review, vol 72 pp187-215.
Capstaff, John, Khrisna Paudyal, and William Rees. 1998. Earnings Forecasts and the Earnings to Price Relationship. [email protected].
Collins, Daniel W., Edward L. Maydew, and Ira S. Weiss. 1997. Changes in the Value Relevance of Earnings and Book Values Over the Past Forty Years. Journal of Accounting and Economics. Vol. 24. pp. 39-67.
Coram, Paul. 2004. An Experimental Evaluation of the Effect of Voluntary Disclosure of Non-Financial Performance Indicators and Assurance on this Information on Stock Price Estimation and Earnings Forecasts. Paper from PhD. Dissertation. Australian National University.
Cooper, Donald R. dan C.William Emory. 1996, Metode Penelitian Bisnis, Terjemahan, Jilid 1, Edisi 5, Erlangga, Jakarta.
Dechow, P, R. Sloan and Sweeney, 1995. Detecting Earning Management. The Accounting Review. Vol 70 pp.193-226.
DeFond, Mark L., 2002. Discussion of the Balance Sheet as an Earnings Management Constraint. The Accounting Review. Vol 77 pp.29-33.
Dontoh, Alex., Suresh Radhakrishnan and Joshua Ronen. 2004. The Declining Value Relevance of Accounting Information and Non-Information-Based Trading: An Empirical Analysis. Contemporary Accounting Research. Vol. 21 pp. 793-812.
Francis, Jennifer and Catherine Schipper. 1999. Have Financial Statements Lost Their Relevance. Journal of Accounting Research. Vol. 37 (2). pp. 319-352.
Fields D. Thomas, Thomas Z. Lys, and Linda Vincent. 2001. Empirical Research on Accounting Choice. Journal of Accounting and Economics. Vol. 31. pp. 255-307.
Gujarati, Damodar. 1998. Ekonometrika Dasar. Penerbit Erlangga. Jakarta.
Hair, J.F. Jr., R.E. Anderson, R.L. Tatham, W.C. Black. 1998, Multivariate Data Analysis, Fifth Edition, Pretice Hall International.
Healy, P., 1985. The The Impact of Bonus Scheme on Selection of Accounting Principles. Journal of Accounting and Economic.
Healy, P. And J.M. Wahlen. 1999. A Review of Earning Managements Literature and Its Implication for Standart Setting. Accounting Horizon Vol 13 pp.365-384.
Holthasen and Watss, 2001. The Relevance of Value Relevance Literatur for Financial Accounting Standar Setting. Journal of Accounting and Economic.
Jones, Jeniffer J. 1991. Earnings Management During Import Relief Investigation. Journal of Accounting Research, Vol 29 No 2 Autumn.
Lev, Baruch and Paul Zarowin. 1999. The Boundaries of Financial Reporting and How To Extend Them. Journal of Accounting Research. Vol. 37 (2). pp. 353-385.
Marquardt, Carol A. dan Christine I. Weidman, 2004. The Effect Of Earnings Management On Value Relevance Of Accounting Information. Journal of Business Finance and Accounting.
Ohlson, James A. 1995. Earnings, Book Values, and Dividen in Equity Valuation. Contemporary Accounting Research, Vol 11 No 2 Spring.
Sloan, R., 1996. Do Stock Price fully Reflect Information in Accruals and Cash Flow About Future Earnings? The Accounting Review.
Scott, William R. 2003, Financial Accounting Theory, Pearson Education Canada Inc., Toronto, Ontario.
Subramanyam, K. R., 1996. The Pricing of Discretionary Accrual. Journal of Accounting and Economic. Vol 22 pp. 249-281.
Saerang, David Paul Elia (2001). Accountability and Accounting in a Religius Organization: an Interactive Ethnographic Study of the Pantecostal Chruch of Indonesia. Disertation University Wollonggong.
Sanders, Patricia (1982). Phenomenology: A New Way of Viewing Organizational Research. Academy of Management Review. Vol. 7 (3) pp 353-360.
Teoh Siew Hong, Ivo Welch, and T.J. Wong. 1998. Earning Management and the Underperformance of Seasoned Equity Offering. Journal of Financial Economic. Vol 50 pp.63-99.
Watts, R. Dan J. Zimmerman, 1986, Positive Accounting Theory, Englewood Cliff, New Jersey: Pertice Hall.
Published
2020-06-15
How to Cite
Fikri, M. A., Zuhrotul Isnaini, & Rahmi Sri Ramadhani. (2020). RELEVANSI NILAI AKUNTANSI AKRUAL VERSUS KAS. Jurnal Riset Akuntansi Aksioma, 19(1), 183-197. https://doi.org/10.29303/aksioma.v19i1.98
Section
Articles
