Conservatism is said to be admitted loss than profit. This research is aimed to test and get empirical evidance about the influence of the corporate governance, liquidity and company’s financial distress for conservatism in companies listed at the Bursa Efek Indonesia (BEI) from 2011 to 2014. Population in this study are all companies listed at the Bursa Efek Indonesia (BEI) and follow CGPI from 2011 to 2014. The sample was determined by purposive sampling method, in order to obtain a total sample of 57 companies. Analysis method of this research is using descriptive statistical analysis and multiple linear regression analysis using SPSS version 22. The result showed that the corporate governance and liquidity does not effect on conservatism. While financial distress does not effect on conservatism.