Journal of International Accounting Auditing and Taxation最新文献_第10页

The real earnings management gap between private and public firms: Evidence from Europe 私营和上市公司之间的实际盈余管理差距:来自欧洲的证据

IF 2.6

Journal of International Accounting Auditing and Taxation Pub Date : 2022-12-01 DOI: 10.1016/j.intaccaudtax.2022.100506

Jingwen Yang , Danial Hemmings , Aziz Jaafar , Richard H.G. Jackson

{"title":"The real earnings management gap between private and public firms: Evidence from Europe","authors":"Jingwen Yang , Danial Hemmings , Aziz Jaafar , Richard H.G. Jackson","doi":"10.1016/j.intaccaudtax.2022.100506","DOIUrl":"10.1016/j.intaccaudtax.2022.100506","url":null,"abstract":"<div><p>Employing a comprehensive dataset spanning 11 European Union countries, we provide novel insights on how country-level institutional factors affect differences in the extent of real earnings management (REM) activity by publicly listed and privately held firms (the ‘REM gap’). Thus, we explain why the public–private firm REM gap varies systematically across countries. Exploring the impact of country-level governance and legal environment, we observe the REM gap to be greater in weaker market settings and in jurisdictions with higher book-tax conformity, despite REM levels overall typically being lower in such jurisdictions. While overall REM levels are positively related with the strength of investor protection and the extent of disclosure requirements and negatively related with ownership concentration levels, these factors play only a modest role in explaining variations in the REM gap. Our broad-based evidence also provides consistent support for the existence internationally of a ‘partial substitution effect’ where increased (decreased) REM activity is offset to some extent, but not wholly, by reduced (increased) accruals-based earnings management activity. Our findings have important implications regarding the comparability of financial statement information provided by public and private firms.</p></div>","PeriodicalId":53221,"journal":{"name":"Journal of International Accounting Auditing and Taxation","volume":null,"pages":null},"PeriodicalIF":2.6,"publicationDate":"2022-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S1061951822000611/pdfft?md5=caebdeb80764d3accf695a20797f5d07&pid=1-s2.0-S1061951822000611-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44538114","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 1

Recognition of provisional goodwill: Real need or communication strategy? 确认临时商誉:实际需要还是沟通策略?

IF 2.6

Journal of International Accounting Auditing and Taxation Pub Date : 2022-12-01 DOI: 10.1016/j.intaccaudtax.2022.100510

Elisa Roncagliolo, Francesco Avallone

引用次数: 1

Spanish economist-accountants’ perceptions of changes in regulation due to IFRS adoption 西班牙经济学家-会计师对国际财务报告准则采用后监管变化的看法

IF 2.6

Journal of International Accounting Auditing and Taxation Pub Date : 2022-12-01 DOI: 10.1016/j.intaccaudtax.2022.100508

Esther Ortiz-Martínez, Salvador Marín-Hernández, Marcos Antón-Renart

{"title":"Spanish economist-accountants’ perceptions of changes in regulation due to IFRS adoption","authors":"Esther Ortiz-Martínez, Salvador Marín-Hernández, Marcos Antón-Renart","doi":"10.1016/j.intaccaudtax.2022.100508","DOIUrl":"10.1016/j.intaccaudtax.2022.100508","url":null,"abstract":"<div><p>The adoption of International Financial Reporting Standards (IFRS) in Spain by companies that are not included in the mandatory scope of the European Union regulations has led to the reform of accounting standards. We ascertain the opinions of Spanish economist-accountants following this change, analyzing the time effect and the level to which they understand the new requirements. We study the results of four successive surveys to analyze how the reform of the regulation is applied in practice. We conclude that the complexity economist-accountants encounter when facing regulatory changes varies significantly over time, as does their initial understanding of it. Economist-accountants’ perceptions change during the analyzed period and with the different changes in the regulation. They prefer the reform and adaptation of the Spanish legal system to IFRS to the direct application of IFRS in Spain. The main contribution of this paper is to highlight that regulators must consider the practical point of view and recognize that practitioners need extensive training and education to implement the new standards. In addition, a long-term perspective is required. For countries with similar characteristics, the results can provide a useful example of coping with changes in accounting regulation.</p></div>","PeriodicalId":53221,"journal":{"name":"Journal of International Accounting Auditing and Taxation","volume":null,"pages":null},"PeriodicalIF":2.6,"publicationDate":"2022-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S1061951822000635/pdfft?md5=e7166db33a3113a3d2aff8f9dda4a8c8&pid=1-s2.0-S1061951822000635-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47795765","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 1

Peer firms’ reporting frequency and stock price synchronicity: European evidence 同业公司报告频率与股价同步性:欧洲证据

IF 2.6

Journal of International Accounting Auditing and Taxation Pub Date : 2022-12-01 DOI: 10.1016/j.intaccaudtax.2022.100505

Jesper Haga , Kenneth Högholm , Dennis Sundvik

引用次数: 0

Does CFO vertical duality affect financial outcomes? Evidence from the CFO acting as the head of accounting CFO的纵向二元性会影响财务结果吗?来自首席财务官作为会计主管的证据

IF 2.6

Journal of International Accounting Auditing and Taxation Pub Date : 2022-12-01 DOI: 10.1016/j.intaccaudtax.2022.100504

Meng Lyu , Xiaojie Christine Sun , Bing Wang

引用次数: 2

Editors’ preface to special issue: Accounting in India 特刊编辑序言:印度的会计

IF 2.6

Journal of International Accounting Auditing and Taxation Pub Date : 2022-12-01 DOI: 10.1016/j.intaccaudtax.2022.100521

Mahendra Gujarathi, Gaurav Gupta, Sanjay Kallapur

引用次数: 0

Narrative disclosure tone: A review and areas for future research 叙事披露语气:综述及未来研究方向

IF 2.6

Journal of International Accounting Auditing and Taxation Pub Date : 2022-12-01 DOI: 10.1016/j.intaccaudtax.2022.100511

Hesham Bassyouny , Tarek Abdelfattah , Lei Tao

{"title":"Narrative disclosure tone: A review and areas for future research","authors":"Hesham Bassyouny , Tarek Abdelfattah , Lei Tao","doi":"10.1016/j.intaccaudtax.2022.100511","DOIUrl":"10.1016/j.intaccaudtax.2022.100511","url":null,"abstract":"<div><p>Numerous studies have examined Narrative Disclosure Tone (NDT) in different channels of financial reporting over the past decade. Our review of 64 studies aims to analyze tone measurements and areas of debate in NDT literature and to suggest avenues for future research. First, we discuss previous studies that compared tone measures based on alternative wordlists and found that tone measures using domain-specific dictionaries are more powerful than those based on general dictionaries. Future research should benefit from the advanced methods considering natural language processing mechanisms and the meanings rather than word frequency for more accuracy. Second, from the theoretical perspective, studies that linked psychological theories to the tone context are limited. Therefore, we call for more evidence from the upper echelons theory that considers the interdependencies between executives. Finally, we critically review different directions of NDT studies and highlight areas for future research. Mainly, we suggest future research to investigate the determinants of NDT in the areas of top managers-specific characteristics, tax avoidance, audit quality, social capital, and regulatory bodies. We call for more research about tone consistency among different channels of disclosures in companies’ communications with stakeholders.</p></div>","PeriodicalId":53221,"journal":{"name":"Journal of International Accounting Auditing and Taxation","volume":null,"pages":null},"PeriodicalIF":2.6,"publicationDate":"2022-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S1061951822000660/pdfft?md5=ce4268ad04f23d9d7f34fc8fef8bf7e0&pid=1-s2.0-S1061951822000660-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46948793","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 3

The impact of mandatory adoption of IFRS in Saudi Arabia 沙特阿拉伯强制采用国际财务报告准则的影响

IF 2.6

Journal of International Accounting Auditing and Taxation Pub Date : 2022-12-01 DOI: 10.1016/j.intaccaudtax.2022.100509

Mohammad Nurunnabi , Han Donker , Eva K. Jermakowicz

{"title":"The impact of mandatory adoption of IFRS in Saudi Arabia","authors":"Mohammad Nurunnabi , Han Donker , Eva K. Jermakowicz","doi":"10.1016/j.intaccaudtax.2022.100509","DOIUrl":"10.1016/j.intaccaudtax.2022.100509","url":null,"abstract":"<div><p>We examine whether the adoption of International Financial Reporting Standards<span> (IFRS) by companies reporting under an Islamic accounting framework is associated with the greater comparability and relevance of financial reporting. Using a sample of Saudi Arabian companies listed on Tadawul, the Saudi stock market, we compare accounting figures reported under Saudi GAAP (Generally Accepted Accounting Principles) issued by the Saudi Organization for Certified Public Accountants (SOCPA) and IFRS for the same year. The amount of reported shareholders’ equity and net income decreased in the transition to IFRS as a result of adjustments primarily related to consolidation and strategic investments, property, plant and equipment, employee benefits, and other liabilities. Our empirical findings document several reasons for the improved relevancy of the subject financial reports. The main finding was that adopting IFRS enhanced the perceived relevancy of the reports. Additionally, reporting in English versus reporting in Arabic was found to have favorably affected relevancy. Regarding transparency, based on the number of pages and informative notes, reporting under IFRS also engendered improvements to the financial reporting process. The results confirm that IFRS adoption can occur in a very different accounting regime and have positive effects on capital markets and their accounting environment.</span></p></div>","PeriodicalId":53221,"journal":{"name":"Journal of International Accounting Auditing and Taxation","volume":null,"pages":null},"PeriodicalIF":2.6,"publicationDate":"2022-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46735367","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: 3

Editor’s preface for December 2022 issue 2022年12月号的编辑序言

IF 2.6

Journal of International Accounting Auditing and Taxation Pub Date : 2022-12-01 DOI: 10.1016/j.intaccaudtax.2022.100518

Robert K. Larson (Editor-in-Chief Journal of International Accounting Auditing and Taxation)

引用次数: 0

How did IFRS 15 affect the revenue recognition practices and financial statements of firms? Evidence from Australia and New Zealand IFRS 15如何影响公司的收入确认实务和财务报表?来自澳大利亚和新西兰的证据

IF 2.6

Journal of International Accounting Auditing and Taxation Pub Date : 2022-12-01 DOI: 10.1016/j.intaccaudtax.2022.100507

Humayun Kabir, Li Su

{"title":"How did IFRS 15 affect the revenue recognition practices and financial statements of firms? Evidence from Australia and New Zealand","authors":"Humayun Kabir, Li Su","doi":"10.1016/j.intaccaudtax.2022.100507","DOIUrl":"10.1016/j.intaccaudtax.2022.100507","url":null,"abstract":"<div><p><span>We provide evidence on how International Financial Reporting Standard (IFRS) 15, </span><em>Revenue from Contracts with Customers,</em><span> affected the revenue recognition practices and financial statements of firms in Australia and New Zealand. While firms used the modified retrospective method more than the full retrospective method, the usage varied by firm size. Although the majority of sample firms (63.38%) reported that the standard had either no impact or no material impact on their financial statements, the remaining 36.62% disclosed IFRS 15 impacts in notes to financial statements. The disclosure of impacts varied by sectors and firm size. The standard did not affect the accounting for standard retail sales transactions. However, it resulted in the deferral of revenue recognition for the majority of firms whose revenue recognition was impacted by the standard. For firms that disclosed IFRS 15 impacts on financial statements, revenue was the most affected item. Cost of goods sold, contract liabilities, and profit after tax were three other most affected financial statement items. Finally, the standard affected financial statements through multiple channels.</span></p></div>","PeriodicalId":53221,"journal":{"name":"Journal of International Accounting Auditing and Taxation","volume":null,"pages":null},"PeriodicalIF":2.6,"publicationDate":"2022-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48084334","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