Pemilihan Metode Akuntansi R&D dan Penghematan Pajak: Studi Empiris di Indonesia pada Era Covid-19 Era Vuca


  • Marcellina Vera Puspitasari Universitas Kristen Duta Wacana, Indonesia
  • Dielanova Wynni Yuanita Universitas Kristen Duta Wacana, Indonesia
  • Christine Novita Dewi Universitas Kristen Duta Wacana, Indonesia




This study examines the accounting method of expenditures for research and development by companies listed on the Indonesia Stock Exchange (IDX). This study uses the periode before and during the Covid-19 pandemic. This study uses Positive Accounting Theory and Contingency Theory as the basis for developing hypotheses with a sample of 168 obtained from 56 companies in Indonesia as one of the countries adopting International Financial Reporting Standards (IFRS) with a research period of 2018-2020. This study uses a regression test with research result showing that in the conditions of the Covid-19 pandemic with high uncertainty and limited information, the intensity of companies to capitalize on research and development expenditures is smaller than before the Covid-19 pandemic. This study provides an overview for companies in making decisions regarding the accounting treatment of expenditures for research and development, especially in conditions of uncertainty and limited information.


Download data is not yet available.

        Plum-X Analityc


Altig, D., Baker, S., Barrero, J. M., Bloom, N., Bunn, P., Chen, S., . . . Thwaites, G. (2020). Economic uncertainty before and during the COVID-19 pandemic. Journal of Public Economics.

Caggiano, G., Castelnuovo, E., & Kima, R. (2020). The global effects of Covid-19-induced uncertainty. Economics Letters.

Cazavan-Jeni, A., & Jeanjean, T. J. (2011). Accounting Choice and Future Performance: The Case of R&D Accounting in France. Journal of Accounting and Public Policy, 145-165.

Cazavan-Jeny, A., & Jeanjean, T. (2006). The Negative Impact of R&D Capitalization: A Value Relevance Approach. European Accounting Review, 37-61.

Chen, E., Gavious, H., & Lev, B. (2017). The Positive Externalities of IFRS R&D Capitalization: Enhanced Voluntary Disclosure. Review of Accounting Studies, 677-714.

Chen, M., & Shi, X.-h. (2013). A Research on Motivations of R&D Expenditures Capitalization: Evidence from Chinese High-tech Enterprises. International Conference on Information Management, Inovation Management and Industrial Engineering, 479-481.

Chen, S., Sun, Z., Tang, S., & Wu, D. (2011). Government intervention and investment efficiency: Evidence from China. Journal of Corporate Finance, 259-271.

Committe, I. A. (2021, August 19). IAS Plus. Retrieved from IAS Plus web site:

Committee, I. A. (2014, May 12). International Accounting Standard No. 38. Intangible Assets.

Deng, L., Jiang, P., Li, S., & Liao, M. (2020). Government intervention and firm investment. Journal of Corporate Finance.

Dinh, T., Kang, H., & Schultze, W. (2015). Capitalizing Research & Development: Signaling or Earnings Management? European Accounting Review, 1-29.

Dugan, M. T., McEldowney, J. E., Turner, E. H., & Wheatley, C. M. (2016). The Impact of Different Accounting Reporting Methods on the Informativeness of Research and Development Costs: IFRS Compared to U.S. GAAP. Review of Pacific Basin Financial Markets and Policies.

Ghozali, I. (2018). Aplikasi Analisis Multivariate Dengan Program IBM SPSS 25. Semarang: Badan Penerbit Undip.

Gong, J. J., & Wang, S. I.-L. (2016). Changes in the Value Relevance of Research and Development Expenses After IFRS Adoption. Advances in Accounting, 49-61.

Grubert, H., & Mutti, J. (1991). Taxes, Tarifs, and Transfer Pricing in Multnational Corporate Decision Making. The Review of Economics and Statistics, 285-293.

Hsu, F.-J., Chen, M.-Y., Chen, Y.-C., & Wang, W.-C. (2013). An Empirical Study on the Relationship between R&D and Financial Performance. Journal of Applied Finance & Banking, 107-119.

IFRS. (2021, August 16). International Accounting Standards Board. Retrieved from International Accounting Standards Board web site:

Indonesia, D. S. (2000). Pernyataan Standar Akuntansi Keuangan No. 20. Biaya Riset dan Pengembangan.

Ismail, A. A., Adwan, S., & Stittle, J. (2018). Does Accounting Treatment of Share-based Payments Impact Performance Measures for Banks? Australian Accounting Review, 1-18.

Kothari, S. P., Laguerre, T. E., & Leone, A. J. (2002). Capitalization versus Expensing: Evidence on the Uncertainty of Future Earnings from Capital Expenditures versus R&D Outlays. Review of Accounting Studies, 355-382.

Lev, B., & Sougiannis, T. (1996). The Capitalization, Amortization, and Value-Relevance of R&D. Journal of Accounting and Economics, 107-138.

Lin, C., & Wong, S. M.-l. (2013). Government intervention and firm investment: Evidence from international micro-data. Journal of International Money and Finance, 637-753.

Mazzi, F., Slack, R., Tsalavoutas, I., & Tsoligkas, F. (2019). Country-level Corruption and Accounting Choice: Research & Development Capitalization Under IFRS. The British Accounting Review.

Monahan, S. J. (2005). Conservatism, Growth and the Role of Accounting Numbers in the Fundamental Analysis Process. Review of Accounting Studies, 227-260.

Oswald, D. R., & Zarowin, P. (2007). Capitalization of R&D and the Informativeness of Stock Prices. European Accounting Review, 703-726.

Qin, X., Huang, G., Shen, H., & Fu, M. (2020). COVID-19 Pandemic and Firm-level Cash Holding Moderating Effect of Goodwill and Goodwill Impairment. Emerging Markets Finance and Trade, 2243-2258.

Ravselj, D., & Aristovnik, A. (2019). The Impact of R&D Accounting Treatment on Firm's Market Value: Evidence from Germany. The Social Sciences, 247-254.

Sansa, N. A. (2020). The Impact of the COVID - 19 on the Financial Markets: Evidence from China and USA. Electronic Research Journal of Social Sciences and Humanities.

Shen, H., Fu, M., Pan, H., Yu, Z., & Chen, Y. (2020). The Impact of the COVID-19 Pandemic on Firm Performance. Emerging Markets Finance and Trade, 2213-2230.

Sugiyono. (2015). Metode Penelitian Pendidikan Pendekatan Kuantitatif, Kualitatif dan R&D. Bandung: Alfabeta.

Tarter, C. J., & Hoy, W. K. (1998). Toward a contingency theory of decision making. Journal of Educational Administration, 212-228.

Wang, L. (2016). Capitalising or expensing research and development expenditures: a tax perspective explanation. China Journal of Accounting Studies, 79-103.

Watts, R. L., & Zimmerman, J. J. (1990). Positive Accounting Theory: A Ten Year Perspective. The Accounting Review, 131-156.

Watts, R. L., & Zimmerman, J. L. (1978). Towards a Positive Theory of the Determination of Accounting Standards. The Accounting Review, 112-134.

Worldmeters. (2021, August 16). World Meters. Retrieved from World Meters Web site:

Yuanita, D. W., Dewi, C. N., Susilo, A. Z., & Kusharyanti. (2020). Foreign Investor’s Interest and Tax Avoidance: Contingency Perspectives Depending on Country’s Protection Level and Law Systems. Gadjah Mada International Journalof Business.

Zéghal, D., & Maalous, A. (2011). The accounting treatment of intangibles – A critical review of the literature. In Accounting Forum, 262-274.




How to Cite

Puspitasari, M. V. ., Yuanita, D. W. ., & Dewi, C. N. . (2022). Pemilihan Metode Akuntansi R&D dan Penghematan Pajak: Studi Empiris di Indonesia pada Era Covid-19 Era Vuca. Owner : Riset Dan Jurnal Akuntansi, 6(4), 3771-3781.