The Impact of IFRS 9 on Financial Reporting during Covid-19 from the Point of View of Experts in Europe

IF 1.6 Q3 BUSINESS, FINANCE

Australasian Accounting Business and Finance Journal Pub Date : 2023-01-01 DOI:10.14453/aabfj.v17i4.03

Ildikó Orbán, Oday Tamimi

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Abstract

The present study aimed to clarify the risks that banks are exposed to in light of the Covid-19 pandemic, examine the impact of these risks on the quality of financial reports in banks, with an indication of how IFRS 9 can either exacerbate or mitigate these risk and its effects on the financial statements of banks. Finally, provide some solutions to maintain capital adequacy and minimize pandemic risks to which some banks may be exposed. This study used the descriptive and inferential statistics, as well as the questionnaire as a tool for collecting data. The analysis of data by using the statistical program SPSS 25 and Microsoft Excel. Three major findings are outlined in this study. First, there is a statistically significant relationship between Covid-19 pandemic and the increased risks to which banks are exposed based on the results of the tests of the hypotheses. Second, there is a statistically significant relationship between IFRS 9 and the quality of the financial statements. Finally, there is a statistically significant relationship between IFRS 9 and bank risks during of the Covid-19 pandemic. The findings of this study are important for bank executives, auditors, and bodies that set standards for accounting and auditing.

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从欧洲专家的角度看新冠疫情期间IFRS 9对财务报告的影响

本研究旨在澄清银行在2019冠状病毒病大流行背景下面临的风险，研究这些风险对银行财务报告质量的影响，并指出IFRS 9如何加剧或减轻这些风险及其对银行财务报表的影响。最后，提供一些解决方案，以保持资本充足率，并尽量减少一些银行可能面临的大流行风险。本研究采用描述性统计和推断性统计，并以问卷调查作为收集资料的工具。采用SPSS 25统计软件和Microsoft Excel对数据进行分析。本研究概述了三个主要发现。首先，根据假设测试的结果，Covid-19大流行与银行面临的风险增加之间存在统计学上显著的关系。第二，IFRS 9与财务报表质量之间存在统计学上显著的关系。最后，在2019冠状病毒病大流行期间，IFRS 9与银行风险之间存在统计学上显著的关系。本研究的发现对银行高管、审计师以及制定会计和审计标准的机构具有重要意义。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Australasian Accounting Business and Finance Journal BUSINESS, FINANCE-

CiteScore

3.90

自引率

15.80%

发文量

审稿时长

24 weeks

期刊介绍： The Australasian Accounting, Business and Finance Journal is a double blind peer reviewed academic journal. The main focus of our journal is to encourage research from areas of social and environmental critique, exploration and innovation as well as from more traditional areas of accounting, finance, financial planning and banking research. There are no fees or charges associated with submitting to or publishing in this journal.