Dampak Implementasi IFRS 17 Terhadap ROE (Return on Equity) : Analisis Perbandingan Sebelum dan Sesudah Implementasi (Studi Pada Perusahaan Asuransi Di Asia)
Abstract
This study aims to analyze the differences in the implementation of IFRS 17 compared to the previous standard (IFRS 4) on Return on Equity (ROE) in insurance companies across Asia. The background of this research is based on significant changes in revenue recognition, profit measurement, and the presentation of insurance liabilities between IFRS 4 and IFRS 17, which may affect financial performance indicators. This research employs a quantitative approach using descriptive statistical analysis, normality tests, and paired sample t-tests on 34 insurance companies that adopted IFRS 17 in 2023. The results show a significant difference in ROE values before and after the implementation of IFRS 17. ROE tends to decline due to the deferral of profit recognition through the Contractual Service Margin (CSM) mechanism. These findings indicate that IFRS 17 has a substantial impact on the transparency and accuracy of financial performance reporting in insurance companies. Therefore, the implementation of IFRS 17 carries important implications for company management, regulators, and investors in assessing the profitability of insurance companies in Asia.
Keyword : IFRS 17; return on equity; insurance company
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