کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
1005721 1377608 2016 43 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
The effect of IAS/IFRS adoption on earnings management (smoothing): A closer look at competing explanations
ترجمه فارسی عنوان
اثر تصویب IAS/IFRS بر مدیریت درآمد (صاف): نگاهی دقیق تر در توضیحات رقابتی
موضوعات مرتبط
علوم انسانی و اجتماعی مدیریت، کسب و کار و حسابداری حسابداری
چکیده انگلیسی

Prior research provides mixed evidence on whether the transition to IAS/IFRS deters or contributes to greater earnings management (smoothing). The dominant explanation for the conflicting results is self-selection. Early voluntary adopters had incentives to increase the transparency of their reporting in order to attract outside capital, while those firms that waited until IFRS adoption became mandatory in EU countries lacked incentives for transparent reporting leading to increases in earnings management (smoothing) after IFRS adoption. We maintain that the IFRS standards that went into effect in 2005 provide greater flexibility of accounting choices because of vague criteria, overt and covert options, and subjective estimates. This greater flexibility coupled with the lack of clear guidance on how to implement these new standards has led to greater earnings management (smoothing). Consistent with this view, we find an increase in earnings management (smoothing) from pre-2005 to post-2005 for firms in countries that allowed early IAS/IFRS adoption, as well as for firms in countries that did not allow early IFRS adoption. We find no evidence of changes in incentives that can explain these results.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Accounting and Public Policy - Volume 35, Issue 4, July–August 2016, Pages 352–394
نویسندگان
, , ,