Impact Profit When Implementation of International Financial Reporting Standards (IFRS)

Abstract

Objective: The purpose of the study the implementation of the International Financial Reporting Standards (IFRS) regarding Investment, Property company profit after the adoption of International Financial Reporting Standards (IFRS) regarding Investment Property and analysis of application of IFRS on Property Investment to increase company profits. Then what will be investigated is the valuation of investment properties using the fair value model and the difference between the profit balance before tax and operating income. Methodology: The study examines financial statement observation, within 2010-2015 financial statements from PT. Astra International Tbk. using descriptive statistics, correlation and regression analyses. Results: It is found of the study prove how an increase in property value is obtained by an increase in corporate profits after the application of the International Financial Statements