Historical Cost dan General Price Level Accounting: Analisis Relevansi Indikator Keuangan
Abstract: In conventional
accounting, financial statements are based on the historical cost principle
that assumes that prices (monetary unit) are stable. Conventional accounting
recognizes neither changes in the general price level nor changes in the
specific price level. Consequently, if there are any changes in purchasing
power such as in inflation period, the historical financial statement are not
economically relevant and also income is usually overstated, and the fixed
assets are usually understated. General Price Level Accounting will do
restatement the components of financial statement to be a rupiah on a similar
level of purchasing power, but without changes in accounting principles which
using on conventional accounting. In this research did to PT Hanjaya Mandala
Sampoerna Tbk. dan PT Kalbe Farma Tbk. are one of industrial sector it is not
free of influence inflation condition. Also the result researches concerning
the influence of applied general price level accounting on the financial
statement will be compared as considerations whether the general price level
adjustment is necessary needed. The hypothesis test did with based on t-test
pair sample (wilcoxon). The result of research on = 5% showed that fifteen indicator tested
there are twelve indicator showed significant different between financial
report Historical Cost with financial report adjusted with General Price Level
Accounting.
Keywords: Historical
Cost, General Price
Level Accounting, Inflation, and Financial Statement
Penulis: Meythi, Sheffie
Teresa
Kode Jurnal: jpakuntansidd120156
