脱离《国际财务报告准则》对英国私营企业盈利质量的影响

IF 0.9 Q3 BUSINESS, FINANCE
Yu-Lin Hsu, Ya-Chih Yang
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引用次数: 0

摘要

新《英国公认会计原则》沿用了《国际财务报告准则》和《中小型企业国际财务报告准则》的设计,并于 2015 年开始实施,旨在提高财务报告的可比性和质量,降低披露成本。这一新准则严重影响了私营企业的财务报告。为了帮助评估财务报告委员会的目标是否实现,本研究考察了从国际财务报告准则转换到新的英国公认会计原则是否与私营公司的盈利质量相关。我们使用 2015-2018 年期间的英国私营企业数据进行了差异分析和回归分析。总体而言,研究结果表明,从《国际财务报告准则》向新的英国公认会计准则转换不会对应计项目质量产生显著影响,但会降低损失确认的及时性。这项研究为当前关于私营企业和中小企业财务报告准则设计的讨论做出了贡献,并为评估新的英国公认会计原则和中小企业国际财务报告准则提供了有用的证据。JEL 分类:M4; M41; M48.
本文章由计算机程序翻译,如有差异,请以英文原文为准。
The Impact of Turning Away from IFRS on Earnings Quality of U.K. Private Firms
New U.K. GAAP follows the design of IFRS and IFRS for Small and Medium-Sized Entities (SMEs) and was introduced from 2015 to improve the comparability and quality in financial reporting and to reduce disclosure costs. This new standard heavily affected the financial reporting of private firms. To help assess whether the goal of Financial Reporting Council is achieved, this study examines whether switching from IFRS to new U.K. GAAP is associated with private companies’ earnings quality. We use U.K. private firm data during 2015–2018 to conduct difference-in-differences and regression analyses. Overall, the results suggest that the switch from IFRS to new U.K. GAAP does not have significant impact on accruals quality, but reduces the timely loss recognition. This study contributes to the ongoing debate over the design of financial reporting standards for private firms and SMEs and provides useful evidence for evaluating new U.K. GAAP and IFRS for SMEs. JEL Classifications: M4; M41; M48.
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来源期刊
CiteScore
1.40
自引率
16.70%
发文量
19
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