Pencadangan Piutang Pada Perusahaan Sub Sektor Perbankan Di Indonesia: Dampak Penerapan Psak 71

Firmansyah, Amrie; Arifullah, Muhammad Nizar

doi:10.31258/jc.2.1.122-142

Cited by 5 publications

(11 citation statements)

References 3 publications

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“…This accounts receivable reserve is something that is determined and carried out by a company in the accounting recording process on the balance sheet because of uncollectible receivables. The loss of receivables referred to here is a loss caused by a principle that explains that the receivables recorded in the balance sheet financial statements are only the amount of receivables that are expected could be collected (Firmansyah & Arifullah, 2021).…”

Section: Allowance Of Impairment Based On Psak 71mentioning

confidence: 99%

“…Based on the journals found by the authors based the object of previous research, there are 9 journals that implemented PSAK 71 (Wardoyo et al, 2022;Fatiha Kurniadi et al, 2022;Firmansyah et al, 2022;Firmansyah & Nizar Arifullah, 2021;Khasify & Purwaningrum, 2023;Prajanto, 2022;Rahayu, 2021;Respati, 2024;Sibarani, 2021), Meanwhile, there are 2 journals that do not implemented PSAK 71 (Ilat et al, 2020;Kurniawati, 2021). Based on research by Kurniawati (2021)…”

Section: Implementation Of Psak 71 Based Object Of Previous Journal P...mentioning

confidence: 99%

“…Based on found by the authors, there are 8 journals whose research objects are in bank financial institutions (Wardoyo et al, 2022;Fatiha Kurniadi et al, 2022;Firmansyah et al, 2022;Firmansyah & Nizar Arifullah, 2021;Prajanto, 2022;Rahayu, 2021;Respati, 2024;Sibarani, 2021)and 3 journals in non-bank financial institutions (Ilat et al, 2020;Khasify & Purwaningrum, 2023;Kurniawati, 2021). Can viewed in chart below: Picture 2.…”

Section: Data and Objects Of Previous Researchmentioning

confidence: 99%

“…Can viewed in chart below: Picture 2. Object Research Meanwhile, there are 9 journal publications using qualitative data (Wardoyo et al, 2022;Fatiha Kurniadi et al, 2022;Firmansyah & Nizar Arifullah, 2021;Ilat et al, 2020;Kurniawati, 2021;Prajanto, 2022;Rahayu, 2021;Respati, 2024;Sibarani, 2021) and 2 journal publications using quantitative data (Firmansyah et al, 2022;Khasify & Purwaningrum, 2023). Can viewed in chart below:…”

Section: Data and Objects Of Previous Researchmentioning

confidence: 99%

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Literature Review: “Implementation of Allowance for Impairment Loss Reserves Based on Psak 71 in Financial Institutions”

Addu,

Hariz

2024

Accrual

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The aims of this research is to determine the implementation of impairment loss reserves based on PSAK 71 in financial institutions using secondary data from 11 previous journals. This research used qualitative approach with literature review method. Result of a reseach is there are several important found in this research. Analysis of 11 journal publications related to the implementation of impairment loss reserves based on PSAK 71 in financial institutions from 2020-2024 is as follows:First, mostly methods used by previous journal were qualitative approach using secondary data, some of which were sourced from the IDX website and interviews to answer phenomena related to the implementation of impairment loss reserves based on PSAK 71 in financial institutions, amounted 9 (82%) of 11 journals obtained. Meanwhile, quantitative approach used,amounted 2 (18%) of 11 journals obtained. Second, object of research conducted in previous research related to the implementation of impairment loss reserves based on PSAK 71 was dominated by bank financial institutions amounted 8 (73%) journals obtained. Meanwhile, non-bank institutions amounted 3 (27%) journals obtained. Third, based on the journals found by the authors based the object of previous research, there are 9 (82%) journals obtained that implemented PSAK 71. Meanwhile, there are 2 (18%) journals obtained that do not implemented PSAK 71. The implementation of PSAK 71 has been widely adopted by many entities. This indicates a significant trendtowards compliance with the accounting standard, reflecting the importance placed on adhering to regulatory requirements within the financial reporting landscape.

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Section: Allowance Of Impairment Based On Psak 71mentioning

confidence: 99%

Section: Implementation Of Psak 71 Based Object Of Previous Journal P...mentioning

confidence: 99%

Section: Data and Objects Of Previous Researchmentioning

confidence: 99%

Section: Data and Objects Of Previous Researchmentioning

confidence: 99%

See 2 more Smart Citations

Literature Review: “Implementation of Allowance for Impairment Loss Reserves Based on Psak 71 in Financial Institutions”

Addu,

Hariz

2024

Accrual

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“…Kustina and Putra (2021) reviewed the profitability of banking companies after the implementation of PSAK 71. Arifullah and Firmansyah, (2021) and Rahayu (2021) reviewed the implementation of CKPN specifically for bank receivables after PSAK 71 implementation. Rizal and Shauki (2019) examined the possibility of early implementation of PSAK 71.…”

Section: Introductionmentioning

confidence: 99%

Investor response to the implementation of IFRS 9 in Indonesian banking companies

Firmansyah,

Kurniawati,

Miftah

et al. 2023

J. Akun. Audit. Ind.

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This study examines the effect of allowance for impairment losses on firm value. Allowance for impairment losses on the company's financial assets in the context of implementing IFRS 9 in the form of PSAK 71 in Indonesia on a forward-looking basis is different from the implementation of previous accounting standards, which was on a backward-looking basis. Quantitative methods are employed in this study using secondary data from banking financial reports sourced from www.idx.co.id during the 2019-2021 period. In addition, this study also employs stock price data sourced from www.finance.yahoo.co.id. The main data in this study is data for 2020, which is the first year of application of PSAK 71. While data for 2019 is used to compare the year before the application of PSAK 71, and 2021 is used to compare the application of PSAK 71 in the second year. Data testing was performed using multiple linear regression analysis for cross-section data. This study concludes that the allowance for impairment losses positively affects firm value in the first year. The results of this test are relevant in the second year of the implementation of PSAK 71. Meanwhile, it shows that the allowance for impairment losses has no effect on firm value in the year before the implementation of PSAK 71. This research contributes to the literature on implementing new financial accounting standards in Indonesia related to investor response in the capital market.

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Value relevance of IFRS 9 adoption: A case study of Indonesian banking companies

Firmansyah

Kurniawati

Miftah

et al. 2023

JAI

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Research aims: This study examines the effect of allowance for impairment losses (CKPN) on value relevance.Design/Methodology/Approach: This research employed quantitative data using secondary data from banking financial reports derived from www.idx.co.id during 2019-2021. Also, this study used stock price data sourced from www.finance.yahoo.co.id. The use of data for 2020 was due to the first year of PSAK 71 implementation. While data for 2019 were employed to compare the year before the PSAK 71 implementation, and data for 2021 were used to compare the PSAK 71 implementation in the second year. Data testing was then performed utilizing multiple linear regression analysis for cross-section data.Research findings: This study suggests that CKPN was positively associated with the value relevance of earnings in the first year of PSAK 71 implementation.Theoretical contribution/Originality: This research is expected to complement the financial accounting literature on adopting IFRS 9, especially in Indonesia, which is rarely discussed in previous studies.Practitioner/Policy implication: This study is expected to be employed by the Indonesian Financial Services Authority in improving policies on financial stability in the capital market based on applying financial accounting standards.Research limitation/Implication: This study only employed data on banking sub-sector companies listed on the Indonesia Stock Exchange, which were relatively small in number. Future research can therefore use data from all financial companies in Indonesia or banking companies in other countries related to IFRS 9 implementation to compare the test results with this study.

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Pencadangan Piutang Pada Perusahaan Sub Sektor Perbankan Di Indonesia: Dampak Penerapan Psak 71

Cited by 5 publications

References 3 publications

Literature Review: “Implementation of Allowance for Impairment Loss Reserves Based on Psak 71 in Financial Institutions”

Literature Review: “Implementation of Allowance for Impairment Loss Reserves Based on Psak 71 in Financial Institutions”

Investor response to the implementation of IFRS 9 in Indonesian banking companies

Value relevance of IFRS 9 adoption: A case study of Indonesian banking companies

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