MandatoryIFRSAdoption and Financial Statement Comparability
نویسندگان
چکیده
منابع مشابه
Financial Statement Comparability: Benets and Costs
This paper analyzes the bene ts and costs of nancial statement comparability from an information perspective. We rst show analytically that while comparability enhances the correlation among rmsreported earnings (common informativeness), it reduces rmsown reporting precision (individual informativeness). Next, we provide theoretical justi cation for the comparability measure of De Fra...
متن کاملMandatory IFRS Adoption and Financial Statement Comparability
This study examines whether mandatory adoption of International Financial Reporting Standards (IFRS) leads to capital market benefits through enhanced financial statement comparability. UK domestic standards are considered very similar to IFRS (Bae et al. 2008), suggesting any capital market benefits observed for UK-domiciled firms are more likely attributable to improvements in comparability (...
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Investors, financial reporting policymakers, and accounting educators emphasize the importance of financial statement comparability. Accounting researchers have found it difficult to develop empirical measures of comparability that correspond to typical views of the construct. The measures used in recent research are removed from firms’ accounting treatments and are likely to be driven by econo...
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The purpose of this study is to explain the relationship between the comparability of financial statements as a qualitative financial reporting feature with the expected risk of stock price crash. The statistical population of this research includes all companies admitted to Tehran Stock Exchange. In order to achieve the research goal, 81 companies were selected for the period between 2010 and ...
متن کاملAccounting Standards Harmonization and Financial Statement Comparability: Evidence From Transnational Information Transfer
This study investigates whether harmonization of accounting standards enhances the comparability of nancial information across countries. First, I statistically de ne and link comparability to rm value in a two- rm, sequential information release framework. I then empirically test the prediction that a rm yet to announce earnings reacts more strongly to the earnings announcement of a foreign...
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ژورنال
عنوان ژورنال: Contemporary Accounting Research
سال: 2013
ISSN: 0823-9150,1911-3846
DOI: 10.1111/1911-3846.12002