KINERJA KEUANGAN SEBELUM DAN SETELAH IMPLEMENTASI PSAK 72
DOI:
https://doi.org/10.25170/wpm.v16i2.6527Keywords:
PSAK 72, Financial Performance, Liquidity Ratio, Solvency Ratio, Profitability Ratio, Activity Ratio, Market Test RatioAbstract
The purpose of research to prove the difference in financial performance before and after the implementation of PSAK 72 by using liquidity ratios with current ratio and acid test ratio proxies, solvency ratios with debt ratio and debt to equity proxies, profitability ratios with return on assets and return on equity proxies, activity ratios with account receivable turnover proxies, and market test ratios with earnings per share and market to book proxies. Property and real estate companies that have implemented PSAK 72 (as of January 1, 2020) and are listed on the Indonesia Stock Exchange for the 2018-2022 became the population of research. A total of 15 companies (60 observation units) based on purposive sampling techniques were elected as sample. The method of data analysis was used by descriptive statistics, Paired Sample T-Test for normally distributed data, and Wilcoxon Signed-Rank Test for non-normally distributed data. The results of the finding successfully proved that financial performance before and after the implementation of PSAK 72 as measured by solvency ratio, profitability ratio, activity ratio, and market test ratio showed differences. Meanwhile, financial performance using the liquidity ratio measurement does not differ between before and after the implementation of PSAK 72.
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