Accounting in Europe最新文献_第5页

Disclosure of Information and Transparency in Public-private Partnerships: a Comparative Study Between Portugal and the UK 公私伙伴关系中的信息披露与透明度:葡萄牙与英国的比较研究

IF 2.8

Accounting in Europe Pub Date : 2022-07-08 DOI: 10.1080/17449480.2022.2091466

Luís Cracel Viana, J. Moreira, Paulo Alves

引用次数: 0

Capitalising or Expensing Development Costs? – Mixed Methods Evidence on the Determinants and Motives of the Accounting Policy in the context of UK Private Companies 开发成本资本化还是费用化?-关于英国私营公司会计政策决定因素和动机的混合方法证据

IF 2.8

Accounting in Europe Pub Date : 2022-06-20 DOI: 10.1080/17449480.2022.2049327

Annika Brasch, B. Eierle, Robin Jarvis

{"title":"Capitalising or Expensing Development Costs? – Mixed Methods Evidence on the Determinants and Motives of the Accounting Policy in the context of UK Private Companies","authors":"Annika Brasch, B. Eierle, Robin Jarvis","doi":"10.1080/17449480.2022.2049327","DOIUrl":"https://doi.org/10.1080/17449480.2022.2049327","url":null,"abstract":"ABSTRACT Following calls for further research, this study evaluates the determinants and motives behind private companies’ decision to capitalise development costs by using mixed methods. While prior literature and expert interviews indicate initially that private firms may be motivated opportunistically, subsequent archival analyses show that development costs are capitalised to meet benchmarks and ameliorate poor profitability. Additionally, interview evidence emphasises that debt covenant violation avoidance and increasing merger and acquisition (M&A) values are important drivers for capitalisation, whereas management compensation schemes do not seem to influence their accounting policy. Moreover, findings imply a negative association between firm size and the capitalisation of development costs. Expert interview evidence indicates that smaller companies are more likely to have financing needs, suggesting that capitalisation is employed to signal future economic benefits to investors. Conversely, the motivation for larger companies which are more likely to expense may be grounded on risk avoidance from future impairments.","PeriodicalId":45647,"journal":{"name":"Accounting in Europe","volume":null,"pages":null},"PeriodicalIF":2.8,"publicationDate":"2022-06-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"60430011","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 1

The Comparability of Non-Financial Information: An Exploration of the Impact of the Non-Financial Reporting Directive (NFRD, 2014/95/EU) 非财务信息的可比性：非财务报告指令的影响探讨（NFRD，2014/95/EU）

IF 2.8

Accounting in Europe Pub Date : 2022-05-04 DOI: 10.1080/17449480.2022.2065645

Ries Breijer, René P. Orij

引用次数: 11

Innovative Information Technology in Auditing: Auditors’ Perceptions of Future Importance and Current Auditor Expertise 审计中的创新信息技术:审计师对未来重要性的认识和当前审计师的专业知识

IF 2.8

Accounting in Europe Pub Date : 2022-04-25 DOI: 10.1080/17449480.2022.2046283

Cristiano Feliciano, R. Quick

引用次数: 3

Determinants of Accounts Level and Entity Level Key Audit Matters: Further Evidence 会计水平和实体水平关键审计事项的决定因素:进一步证据

IF 2.8

Accounting in Europe Pub Date : 2022-04-21 DOI: 10.1080/17449480.2022.2060753

Md Khokan Bepari, A. Mollik, S. Nahar, Mohammad N. Islam

引用次数: 13

IFRS 16 Incremental Borrowing Rate: Comparability Issues and a Methodology Proposal for Loss Given Default Adjustment 《国际财务报告准则第16号——增量借款利率:可比性问题及违约调整损失的方法建议》

IF 2.8

Accounting in Europe Pub Date : 2022-04-12 DOI: 10.1080/17449480.2022.2046282

David Delgado-Vaquero, José Morales-Díaz, Constancio Zamora-Ramírez

{"title":"IFRS 16 Incremental Borrowing Rate: Comparability Issues and a Methodology Proposal for Loss Given Default Adjustment","authors":"David Delgado-Vaquero, José Morales-Díaz, Constancio Zamora-Ramírez","doi":"10.1080/17449480.2022.2046282","DOIUrl":"https://doi.org/10.1080/17449480.2022.2046282","url":null,"abstract":"Abstract Under the IFRS 16 capitalization model for lessees, entities should measure both the lease liability and the ‘right of use’ (the lease asset) by discounting future lease payments over the lease term. For the most part, entities are using the Incremental Borrowing Rate (IBR) to perform said discounting. IFRS 16 establishes that the IBR must consider the underlying leased asset as collateral, and therefore the yield to be used should reflect a Loss Given Default (LGD) which may vary according to the estimated recovery rate of the asset, be it machinery, real estate, vehicles, etc. The previous literature has shown that the use of discount rates in IFRS is inconsistent across firms, and also that it is arbitrary. Through an empirical analysis using information from European quoted entities, we find that most companies do not disclose IBR details, thus affecting financial statement comparability. None of them disclose how the IBR is adjusted in order to reflect the LGD. Furthermore, there is a lack of accounting and finance literature analyzing this aspect. Within this context, we propose a model that is able to adjust the standard IBR (obtained from unsecured bonds/loans yields) in order to reflect a recovery rate in line with IFRS principles. The proposed model uses Credit Default Swaps (CDSs) quoted information as a basis for introducing the adjustment to the standard IBR. More precisely, it analyzes the change in the CDS spread in response to changes in the recovery rate, and applies this change to the initial IBR.","PeriodicalId":45647,"journal":{"name":"Accounting in Europe","volume":null,"pages":null},"PeriodicalIF":2.8,"publicationDate":"2022-04-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48072572","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

In Search of a Wider Corporate Reporting Framework: A Critical Evaluation of the International Integrated Reporting Framework 寻找更广泛的公司报告框架:对国际综合报告框架的批判性评价

IF 2.8

Accounting in Europe Pub Date : 2022-04-12 DOI: 10.1080/17449480.2022.2060752

N. Setia, S. Abhayawansa, M. Joshi

引用次数: 2

US comment Letter Writing to the IASB and Evolving SEC Views on the Use of IFRS 美国致国际会计准则理事会的意见书和美国证券交易委员会对使用国际财务报告准则的意见的演变

IF 2.8

Accounting in Europe Pub Date : 2022-04-04 DOI: 10.1080/17449480.2022.2046281

R. Larson, Mark Myring, Raf Orens

引用次数: 1

The Predictors of Non-Financial Reporting Quality in Romanian State-Owned Enterprises 罗马尼亚国有企业非财务报告质量的预测因素

IF 2.8

Accounting in Europe Pub Date : 2022-01-02 DOI: 10.1080/17449480.2021.2018474

V. Dragomir, M. Dumitru, L. Feleagă

{"title":"The Predictors of Non-Financial Reporting Quality in Romanian State-Owned Enterprises","authors":"V. Dragomir, M. Dumitru, L. Feleagă","doi":"10.1080/17449480.2021.2018474","DOIUrl":"https://doi.org/10.1080/17449480.2021.2018474","url":null,"abstract":"ABSTRACT This paper focuses on the predictors of non-financial reporting (NFR) quality by state-owned enterprises (SOEs). The predictors under consideration are the quality of the corporate governance system (assessed through a comprehensive index), state ownership concentration, industry sector characteristics, and company size. Our cross-sectional sample consists of data for 63 state-controlled enterprises in Romania for the financial year 2018. The data were collected by hand, using two new instruments: a content analysis scale for NFR according to the European Directive 2014/95/EU and a corporate governance index for SOEs. We classify Romanian SOEs into two clusters: ‘high disclosure – good governance’ and ‘low disclosure – poor governance,’ for which we present the particularities of NFR and corporate governance. In line with agency theory and stakeholder theory, we show that the NFR quality score is positively correlated with the corporate governance score, company size, environmental impact, monopolistic position, and the state’s strategic interest, but negatively correlated with state ownership concentration. Our results also indicate that an increase in the state’s blockholding will negatively affect the quality of the corporate governance system, and will ultimately decrease the quality of the company’s non-financial disclosures. We conclude that the quality of the governance system is a mediating variable between the state’s ownership concentration and the quality of NFR. Our results are helpful to professionals and policymakers in understanding the path toward the material harmonization of reporting practices at a European level for SOEs and private entities alike.","PeriodicalId":45647,"journal":{"name":"Accounting in Europe","volume":null,"pages":null},"PeriodicalIF":2.8,"publicationDate":"2022-01-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45649188","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 8

Climate Change Risk Disclosure in Europe: The Role of Cultural-Cognitive, Regulative, and Normative Factors 欧洲气候变化风险披露:文化认知、调节和规范因素的作用

IF 2.8

Accounting in Europe Pub Date : 2022-01-02 DOI: 10.1080/17449480.2022.2026000

Silvia Panfilo, Joanna Krasodomska

引用次数: 11