ANALISIS TINGKAT KESESUAIAN LAPORAN TAHUNAN DENGAN IFRS PRACTICE STATEMENT MANAGEMENT COMMENTARY

https://doi.org/10.22146/abis.v8i3.58865

An'im Falakhudin(1*), Singgih Wijayana(2)

(1) Universitas Gadjah Mada, Yogyakarta
(2) Departemen Akuntansi, Fakultas Ekonomika dan Bisnis, Universitas Gadjah Mada, Yogyakarta
(*) Corresponding Author

Abstract


Tujuan - Penelitian ini bertujuan untuk menganalisis tingkat kesesuaian laporan tahunan pada perusahaan non-keuangan yang terdaftar dalam Indeks LQ 45 dengan IFRS practice statement management commentary yang diterbitkan oleh International Accounting Standard Board (IASB).

Metode penelitian - Analisis konten digunakan pada sampel berjumlah 37 perusahaan non-keuangan yang terdaftar dalam Indeks LQ 45. Tingkat kesesuaian laporan tahunan perusahaan sampel dengan IFRS practice statement management commentary dianalisis secara deskriptif dengan menggunakan instrumen penelitian lima konten elemen pada IFRS practice statement management commentary.

Temuan - Hasil penelitian menunjukkan bahwa non-keuangan yang terdaftar dalam Indeks LQ 45 di Indonesia memiliki tingkat kesesuaian laporan tahunan sesuai dengan yang dipersyaratkan IASB. Namun demikian, masih diperlukan sedikit penyelarasan pada penerapan beberapa elemen konten pelaporan ulasan manajemen. Pengungkapan yang dilakukan perusahaan tergolong sangat sesuai dengan IFRS practice statement management commentary yang diterbitkan oleh IASB.

Originalitas - Salah satu fokus utama dalam penelitian ini adalah tingkat kesesuaian laporan tahunan dengan IFRS practice statement management commentary. Belum ada penelitian yang mengukur tingkat kesesuaian IFRS practice statement management commentary dengan menggunakan laporan tahunan secara empirik.


Keywords


abis;abisugm;abisfebugm;maksi;maksiugm;maksifebugm,feb,febugm, pelaporan analisis dan pembahasan manajemen, IFRS practice statement management commentary, International Accounting Standard Board (IASB), dan laporan tahunan.

Full Text:

PDF


References

Daftar Pustaka Aljifri, K. 2008.”Annual report disclosure in a developing country: The case of the UAE. Advances in Accounting.” Incorporating Advances in International Accounting, 24(1), 93-100. Argento, Daniela dan Pietra, Di Roberto. 2014. “IASB ED Management Commentary Versus European Regulation: The Impact on Management’s Reports of Companies Listed on Italian Stock Exchange.” Accounting and Regulation. Springer New York Heidelberg Dordrecht London, 291-310. Arshad, Roshayani., Nor, Rohaya Md., dan Noruddin, Nur Adura Ahmad. 2011. “Ownership Structure and Interaction Effects of Firm Performance on Management Commentary Disclosures.” Journal of Global Management. July 2011. Vol. 2.2. Beattie, V., McInnes, W., dan Fearnley, S. 2004. “A Methodology for Analyzing and Evaluating Narratives in Annual Reports: A Comprehensive Descriptive Profile and Metrics for Disclosure Quality Attributes.” Accounting Forum, 28(3), 205-236. Bini, Laura., Dainelli, Francesco., dan Giuntal, Francesco. 2017. “Is A Loosely Specified Regulatory Intervention Effective in Disciplining Management Commentary? The Case of Performance Indicator Disclosure.” Journal of Management and Governance. 21:63–91. Boesso, G., dan Kumar, K. 2007. “Drivers of corporate voluntary disclosure: A framework and empirical evidence from Italy and United States.” Accounting, Auditing & Accountability Journal, vol.20, no.2, pp269-296. Botosan, C., dan Plumlee, M. 2002. “A Re-examination of Disclosure Level and the Expected Cost of Equity Capital.” Journal of Accounting Research. vol. 40, no. 1, pp. 21-40. Budiani, Rizka J., dan Anis Chariri. 2011. “Narsisme dalam Pelaporan Keuangan: Analisis Semiotik atas Laporan Keuangan Perusahaan yang Mengalami Kerugian.” Diakses pada 06 Juli 2019 academia.edu: https:// www.academia.edu/3132934/narsisme_dalam_pelaporan_keuangan_analisis_semiotik_atas_laporan_keuangan_perusahaan_yang_mengalami_kerugian. Carini, Veneziani C., M., Teodori, G., and Bendotti, C. 2014. “A Possible Narrative Section Harmonisation? The Role of the Practice Statement Management Commentary.” Journal of Modern Accounting and Auditing, ISSN 1548-6583 Januari 2014, Vol. 10, 1-19. Chatterjee, Bikram., Tooley, Stuart., dan Fatseasa, Vic. 2008. “An analysis of the qualitative characteristics of management commentary reporting by New Zealand companies.” In: 20th Asian-Pacific Conference on International Accounting Issues, 9-12 November, Paris, France. Chatterjee, Bikram., Tooley, Stuart., and Fatseasa, Vic. 2011. “An Analysis of The Qualitative Characteristics of Management Commentary Reporting by New Zealand Companies.” Australasian Accounting, Business and Finance Journal. 5(4), 43-64. Coetsee, D., dan Pietersen, M.E. 2008. “Management Commentary in Financial Accounting: Assessing Its Value, Role and Objectives.” Southern Africa Business Review. Vo. 12 (11) 18-36. Cole, J. Cathy dan Jones, L. Christopher. 2004. “The Usefulness of MD&A Disclosures in the Retail Industry.” Journal of Accounting, Auditing & Finance. 361-388. Cole, Cathy J., dan Jones, Christopher L. 2015. “The Quality of Management Forecasts of Capital Expenditures and Store Openings in MD&A.” Journal of Accounting, Auditing & Finance, Vol. 30 (2) 127–149. Connelly, B.L., Certo, S.T., Ireland, R.D. and Reutzel, C.R. 2011. “Signaling Theory: A Review and Assessment”. Journal of Management, Vol. 37 No. 1, pp. 39-67. Connelly, B.L., Ketchen, D.J., Jr. and Slater, S. 2011. “Toward A ‘Theoretical Toolbox’ for Sustainability Research in Marketing”. Journal of the Academy of Marketing Science, Vol. 39, pp. 86-100. Cooke, T. E. 1989. “Disclosure in the corporate annual reports of Swedish companies.” Accounting and Business Research. 19(74), 113-124. Cooke, T. E. 1992. “The Impact of Size, Stock Market Listing, and Industry Type on Disclosure in The Annual Reports of Japanese Listed Companies.” Accounting and Business Research. 22(87), 229-237. Cormier, D., dan Gordon, I. 2001. “An Examination of Social and Environmental Reporting Strategies.” Accounting, Auditing & Accountability Journal. vol. 14, no. 5, pp. 587-617. Cotter, Julie., Lokman, Norziana., dan Najah, M., Muftah. 2011. “Voluntary Disclosure Research: Which Theory is Relevant?.” Diakses 02 Juni 2019. Research Gate January 2011. https://www.researchgate.net/publication/ 281390648. Davila, A., Foster, G. and Gupta, M. 2003. “Venture capital financing and The Growth of Startup firms”. Journal of Business Venturing, Vol. 18, pp. 689-708. Deegan, C., dan Rankin, M. 1996, “Do Australian Companies Report Environmental News Objectively? An Analysis of Environmental Disclosures by Firms Prosecuted Successfully by The Environmental Protection Authority.” Accounting, Auditing & Accountability Journal. Vol. 9 No. 2, pp. 50-67. Deegan, C. 2006. Financial Accounting Theory. McGraw Hill. NSW: Australia. Deloitte. 2007. “In the dark II: What Many Boards and Executives Still Don't Know About The Health of Their Businesses.” London: Deloitte. Diakses pada 04 Mei 2019. https://www.gigshowcase.com/EndUserFiles/40266.pdf. Dye, R. A. 1985. “Disclosure of Nonproprietary Information”. Journal of Accounting Research, Vol. 23 No. 1, pp. 123-145. Eccles, R. G., & Mavrinac, S., C. 1995. “Improving the corporate disclosure process.” Sloan Management Review. 36(4), 11-25. Ginesti, Gianluca., Macchioni, Riccardo., Sannino, Giuseppe. 2013. “The Impact of International Accounting Standards Board (IASB)’s Guidelines for Preparing Management Commentary (MC): Evidence from Italian Listed Firms.” Journal of Modern Accounting and Auditing, ISSN 1548-6583 March 2013, Vol. 9, No. 3, 305-320. Gultom, Sondang B., Lindrianasari, dan Liza Alvia. 2015. “Management Discussion and Analysis (MD&A) dan Reaksi Investor (Studi Empiris Perusahaan Go Public di BEI).” SNA (Simposium Nasional Akuntansi),: Diakses pada 06 Juli 2019 http://elib.ibs.ac.id/materi/Prosiding/SNA% 20XVIII/ makalah/031.pdf. Hahn, Rüdiger., Kühnen, Michael. 2013. “Determinants of Sustainability Reporting: A Review of Results, Trends, Theory, and Opportunities in An Expanding field of Research.” Journal of Cleaner Production. Vol. 59 (2013), pp. 5-21. Hasnas, J. 1998. “The Normative Theories of Business Ethics: A Guide for The Perplexed.” Business Ethics Quarterly, vol.8, no.1, pp.19-42. Hassanein, Ahmed., dan Hussainey, Khaled., 2015. “Is Forward-Looking financial Disclosure Really Informative? Evidence from UK Narrative Statements.” International Review of Financial Analysis 41 (2015) 52–61. Hennink, Monique, Hutter Inge, dan Bailey Ajay. 2011. Qualitative Research Methods. Sage Publications Ltd. Hogner, R. H. 1982. “Corporate Social Reporting: Eight Decades of Development at US Steel.” Research in Corporate Performance and Policy. pp. 243-250. International Accounting Standards Board [IASB]. 2006. Discussion Paper: Management commentary. IASB. London. Diakses pada 07 Mei 2019 https:// www.researchgate.net/publication /242289284_Discussion_Paper_ Management_Commentary. International Accounting Standards Board [IASB]. 2009. Exposure Draft Management Commentary. IASB. London. Diakses pada 07 Mei 2019 http: //www.masb.org.my/pdf.php?pdf=ED76_MgtCommentary_2012April30.pdf&file_path=pdf. International Accounting Standards Board [IASB]. 2010. Management commentary practice statement. IASB. London. Diakses 07 Mei 2019 http: //www.ifrs.org/-/media/feature/meetings/2018/march/iasb/ap15a-mc.pdf. International Financial Reporting Standar [IFRS]. 2010. Practice statement, MC, a framework for presentation. London: UK: International Financial Reporting Standard. Diakses pada 28 Mei 2019 https://www.ac ademia.edu/22324325/Firms_Disclosure_Compliance_with_IASBs_ Management_Commentary_Framework_an_Empirical_Investigation. Joshi, Prem L.., Ling, Liew C., dan Yin, Lim W. 2016. “Disclosure Choices, Corporate Characteristics and Compliance with IFRS Practice Statement Management Commentary: An Empirical Study of Malaysian Listed Companies.” Global Business and Economics Review, Vol. 18, No. 6, 2016. Kaplan, R. S. 1984. “The Evolution of Management Accounting.” Accounting Review, 59: 390-480. Krippendorff, K. 2004. Content analysis: An Introduction to Its Methodology (2nd ed.). Beverly Hills, CA: Sage Publications. KPMG (2013), The KPMG Survey Result of Corporate Responsibility Reporting: Executive Summary, KPMG. Diakses 03 agustus 2019 https://assets.kpmg /content/dam/kpmg/xx/pdf/2017/10/executive-summary-the-kpmg-survey-of-corporate-responsibility-reporting-2017.pdf Lehman, C. 1983. “Stalemate in Corporate Social Responsibility Research. American Accounting Association Public Interest Section.” Working paper. Lindblom, C., K. 1983. “The Concept of Organizational Legitimacy and Its Implications for Corporate Social Responsibility Disclosure.” American Accounting Association Public Interest Section, Working paper. Macchioni, Riccardo., Sannino, Giuseppe., Ginesti, Gianluca., Drago, Carlo. 2013. “Firms’ Disclosure Compliance with IASB’s Management Commentary Framework: An Empirical Investigation.” Rivista Italiana Di Ragioneria E Di Economia Aziendale. July-August-September, 2013, pp. 694-715. Menicucci, Elisa. 2013. “Firms’ Characteristics and Forward-Looking Information in Management Commentaries of Italian Listed Companies.” African Journal of Business Management. Vol. 7(17), pp. 1667-1674, 7 May, 2013. Diakses pada 05 Mei 2019. Merkl-Davies, Doris M.; Brennan, Niamh. 2007. “Discretionary Disclosure Strategies in Corporate Narratives: Incremental Information or Impression Management?.” Journal of Accounting Literature, 26: 116-196: University of Florida. Fisher School of Accounting. Diakses pada 05 Mei 2019 http://hdl.handle.net/10197/2907. Merkley, K. 2014. “Narrative Disclosure and Earnings Performance: Evidence from R&D.” Accounting Review, 89(2), 725–757. Meutia, Inten, dan Budiawan C. Putra. 2017. “Narrative Accounting Practices in Indonesia Companies.” Binus Business Review: 77-83. Morris, D. Richard, Tronnes, Per Christen, 2018. “The Determinants of Voluntary Strategy Disclosure: An International Comparison.” Accounting Research Journal, Vol. 31 Issue: 3, 423-441. Neuendorf, A. Kimberly. 2002. The Content Analysis: Guidebook. Beverly Hills, CA: Sage Publications. Oliveira, L., Rodrigues, L. L. dan Craig, R. 2006. “Firm-specific Determinants of Intangibles Reporting: Evidence from the Portuguese Stock Market”. Journal of Human Resource Costing & Accounting 10, No. 1: 11-33. Patten, D.M. 1992. “Intra-industry Environmental Disclosures in Response to The Alaskan Oil Spill: A Note on Legitimacy Theory.” Accounting, Organizations and Society, Vol. 17 No. 5, pp. 471-5. Pava, M., & Epstein, M. 1993. “How Good is MD&A as An Investment Tool?.” Journal of Accountancy. 175(3), 51–53. Penno, M. C. 1997. “Information Quality and Voluntary Disclosure.” The Accounting Review. 72(2), 275–284. Pfeffer, J. 1982. Organizations and Organization Theory. Boston: Pitman Publishing. Pisano, S., Alvino, F. 2015. “New European Union’s Requirements and IFRS Practice Statement “Management Commentary”: Does MD&A Disclosure Quality Affect Analysts’ Forecasts?.” Journal of Modern Accounting and Auditing, June 2015, Vol. 11, No. 6, 283-301. PricewaterHouseCoopers (PwC). 2008. “Joining The Dots. A Summary Of The Narrative Reporting Practices of The FTSE 350.” London: PricewaterHouseCoopers PLC. Diakses pada 01 Juni 2019 https://pwc.blogs.com/ corporatereporting/files/ftse_350_survey.pdf. Sekaran, Uma., dan Bougie, R. 2016. Research Methods for Business Seventh Edition. United Kingdom: John Wiley & Sons. Shehata, F., Nermeen. 2014. “Theories and Determinants of Voluntary Disclosure.” Accounting and Finance Research. Vol. 3, No. 1; 2014. Smith, Malcolm. 2003. Research Methods in Accounting. London: Sage Publications. Spence. M. 2002. “Signaling in Retrospect and The Informational Structure of Markets”, American Economic Review, Vol. 92 No. 3, 434-459. Sternberg, E. 1997. The Defects of Stakeholder Theory. Corporate Governance, Vol.5, No. 1, 3-10. Suripto, Bambang. 2013. “Manajemen Laba dan Manajemen Impresi dalam Laporan Tahunan: Penelitian Strategi Pengungkapan Perusahaan.” Jurnal Akuntansi dan Keuangan Indonesia, Juni 2013, Vol. 10, No. 1, hal 40 – 59. Suripto, Bambang. 2014. “Determinan Pengungkapan Informasi Atribusi dan Dampaknya Terhadap Presistensi Laba .” Jurnal Akuntansi dan Keuangan Indonesia: Juni 2014, Vol. 11, No. 1, 78-98. Taffler, R., & Breton, G. 2001. “Accounting Information and Analyst Stock Recommendation Decisions: A Content Analysis Approach.” Accounting and Business Research, 31(2), 91-101. Tan, Serene S., Tarca, A. 2013. “The Impact of Regulatory Framework on Management Commentary Reports.” Working Paper. University of Western Australia. Teixeira, A. 2004. “Management Commentary.” Chartered Accounts Journal of New Zealand, Vol. 83, No. 6, 17-20. Tilt, C.A. 1994. “The Influence of External Pressure Groups on Corporate Social Disclosure: Some Empirical Evidence.” Accounting, Auditing & Accountability Journal. Vol. 7 No. 4, pp. 47-72. Verrecchia, R.E. (1983), “Discretionary disclosure”, Journal of Accounting and Economics, Vol. 5, pp. 179-194, West, B. P. 2003. Professionalism and accounting rules. New York: Routledge. Wolk, Harry I & Dodd. James L dan John. J Rozycki. 2013. Accounting Theory 8th Edition. Sage Publications Inc: United Kingdom. Zain, Amanta. 2015. “Manajemen Laba dalam Praktik Manajemen Impresi Pada Perusahaan Bumn Yang Terdaftar Di Bei Periode 2012-2014 .” AKRUAL Jurnal Akuntansi: Vol. 6 (2) (2015): 115- 126 e-ISSN: 2502-6380. Zhang, Shuyu., Aerts, Walter., dan Pan, Huifeng. 2019. “Causal Language Intensity in Performance Commentary And Financial Analyst Behaviour.” Journal of Business Finance and Accounting. Vol. 46, Issue 1-2 pages 3-31 Zucker, L. G. 1977. “The Role of Institutionalization in Cultural Persistence.” American Sociological Review, 42: 726-743.



DOI: https://doi.org/10.22146/abis.v8i3.58865

Article Metrics

Abstract views : 524 | views : 775

Refbacks

  • There are currently no refbacks.


View My Stats

 

 Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

______________________________________________________________________________________________________

2302 - 1500