文章基本信息

标题：The Changing Value Relevance of Accounting Information: An Overview
本地全文：下载
作者：Hilda Octavana Siregar ; Nashirotun Nisa Nurharjanti
期刊名称：Riset Akuntansi dan Keuangan Indonesia
电子版ISSN：2541-6111
出版年度：2021
卷号：6
期号：2
DOI：10.23917/reaksi.v6i2.15498
语种：English
出版社：Muhammadiyah University Press
摘要：This article aims to provide an overview of the value relevance of accounting information development for investors and creditors who are the primary users of financial statements. The traditional approach views stock prices as value relevance of the focal accounting information that can reflect the company's condition. However, during the last 2 (two) decades, the value relevance of accounting information has varied more, such as cash flow, operating profit, and tangible assets. Furthermore, value relevance for creditors is bankruptcy prediction, bond rating, loss frequency, fair value measurement, and changes in the company's accounting method. The change in the value relevance of accounting information is essential in increasing its usefulness and can contribute to research on the usefulness of accounting information in the future.