ANALISIS PENGARUH PENERAPAN IFRS MENGENAI INVESTMENT PROPERTY TERHADAP PENGAKUAN LABA PERUSAHAAN (STUDI KASUS PADA PT ASTRA INTERNATIONAL TBK.,PT ASTRA OTOPARTS TBK., DAN PT ASTRA GRAPHIA TBK. YANG TERDAFTAR DI BEI)

Abstract

As part of International Federation of Accountants (IFAC), which should comply with Statement Membership Obligation (SMO) about the implementation of International Financial Reporting Standards (IFRS), Indonesia adopt IFRS too. Adoption was done by IAI gradually. In 2008, PSAK 13 about Investment Property has been revised. So this research was conducted at three companies listed in IDX with the aim to analyze the implementation of IFRS about Investment Property and its impact toward company’s profit. The analysis was done in two ways, quali-tative and quantitative analysis. Qualitative analysis was done by studying the records of financial statements. It showed that in the first year of the PSAK 13 implementation (revised in 2008), when the companies switched to the fair valuation method, there has been a drastic increase of the Investment Property over the previous year which have used the cost method. In quantitative analysis, correlation between X and Y variable is shown through the Correlation Coefficient of Pearson. The Coefficient formula of Determination has used to know how big the variable contribution. Examination of hypothesis in this research used statistic t test two side with α = 0,01. Acquirement of the analysis result is processed by using program of SPSS version 17 for Windows. The statistical analysis showed a very strong relationship and the directional correlation between IFRS implementation about Investment Property and profits. Increasing the value of investment property is followed by company’s profit. The conclusion from the analysis of these statistics is that there is significant effect on the IFRS implementation about Investment Property to profits. This research should be a consideration for the companies, which has been or will apply IFRS, to be able to choose between applying the fair value method or cost method of Investment Property valuation.