TINGKAT KESULITAN KEUANGAN PERUSAHAAN DAN KONSERVATISME AKUNTANSI DI INDONESIA
ABSTRACT: The economic
crisis is inevitable
in the world
economy. The economic
crisis is one
form of uncertainty in the business world. Although it can not be
avoided, the economic crisis can be predicted in advance. So, when the company experienced
financial distress during the economic crisis, not the cause of the economic
crisis, but the incompetence of managers of those companies. To rise from
financial distress, the company needs an injection of funds from investors. The problem
is how to
attract investors to
want to invest
in companies that
are experiencing financial
distress. To overcome this
problem, conservative method applied to recording the company noted that
financial statements. Due to accounting conservatism led the company has hidden
reserves that can be used when experiencing financial hardship. From the
results of the discussion can be concluded that (1) management uses of
accounting conservatism in order to attract
investors to invest
even though the company is
experiencing financial distress,
(2) conservatism is
used to reduce the excessive
optimism of management and shareholders, (3) conservatism used to be restrict
managers to take action to exaggerate earnings and manipulate financial statements.
Keywords: Accounting
Conservatism, Financial Distress, Positive Accounting Theory, Signaling Theory
Penulis: HENDRIANTO
Kode Jurnal: jpakuntansidd120033
