Disclosure of financial statement means of delivering information by internal party companies to parties outside the company. In this globalization era, the IASC (International Accounting Standard Committee) trying to realize one standard for all global order of financial statements can be understood in a cross-country so formulated international standards called IFRS (International Financial Reporting Standard). It is certainly a big impact in the world of accounting in Indonesia one of which related to the convergence of IFRS to GAAP which are guidelines for the preparation of financial statements as one form of disclosure to parties outside the company.
This research was conducted to obtain empirical evidence about the effect of IFRS implementation on the disclosure of financial statements which measured by profitability, and proxy with gray index. The population in this study are all banks listed on the Stock Exchange in 2010-2013. These samples included 29 banking companies selected using purposive sampling method with predetermined criteria. The independent variable in the form of gray profitability index. The analysis used in this research is quantitative descriptive analysis with SPSS.
The results showed the IFRS implementation in the profitability of gray index simultaneously no significant effect on the disclosure of financial statements. The value 0.120 > 0.05, so Ho is rejected and Ha accepted. The conclusions of this research is IFRS implementation in profitability of gray index does not affect the company's financial statement disclosure banking. Suggestions submitted to the reader in this research about the effects and implications of IFRS in accounting studies remain to be done to determine the effect of accounting standards in order to realize improvements in Indonesia.
Keywords: Implementation, IFRS, Gray Profitability index, Disclosure, Financial Statements.