强制性采用国际财务报告准则的阴暗面:采用国际财务报告准则会恶化应计可靠性吗?

IF 2 Q2 BUSINESS, FINANCE

International Journal of Accounting Pub Date : 2016-04-12 DOI:10.2139/ssrn.2763988

Jeong‐Bon Kim, Haina Shi, X. Zhu

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引用次数: 1

摘要

我们研究了采用国际财务报告准则(IFRS)的潜在信息成本。使用差异中的差异方法，我们发现强制性采用国际财务报告准则导致应计可靠性显著降低。我们还发现，对于(a)持有更多金融工具和(b)在制度特征薄弱的司法管辖区注册的公司，采用国际财务报告准则与权责发生制可靠性之间的这种负相关关系更为明显。上述发现是稳健的替代抽样和延长的抽样周期。进一步分析表明，权责发生制可靠性的降低反映了与价值相关性增加的权衡，外部投资者未能理解国际财务报告准则导致的权责发生制可靠性的降低。

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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The Dark Side of Mandatory IFRS Adoption: Does IFRS Adoption Deteriorate Accrual Reliability?

We examine a potential informational cost of adopting the International Financial Reporting Standards (IFRS). Using a difference-in-differences approach, we find that mandatory IFRS adoption leads to a significant decrease in accrual reliability. We also find that this negative relation between IFRS adoption and accrual reliability is more pronounced for firms (a) holding more financial instruments and (b) domiciled in jurisdictions with weak institutional features. The above findings are robust to alternative sampling and an extended sample period. Further analysis shows that reduced accrual reliability reflects a trade-off with increased value relevance and that outside investors fail to understand the IFRS-induced reductions in accrual reliability.

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来源期刊

International Journal of Accounting BUSINESS, FINANCE-

CiteScore

1.20

自引率

0.00%

发文量

期刊介绍： The aim of The International Journal of Accounting is to advance the academic and professional understanding of accounting theory, policies and practice from the international perspective and viewpoint. The Journal editorial recognizes that international accounting is influenced by a variety of forces, e.g., governmental, political and economic. Thus, the primary criterion for manuscript evaluation is the incremental contribution to international accounting literature and the forces that impact the field. The Journal aims at understanding the present and potential ability of accounting to aid in analyzing and interpreting international economic transactions and the economic consequences of such reporting. These transactions may be within a profit or non-profit environment. The Journal encourages a broad view of the origins and development of accounting with an emphasis on its functions in an increasingly interdependent global economy. The Journal also welcomes manuscripts that help explain current international accounting practices, with related theoretical justifications, and identify criticisms of current policies and practice. Other than occasional commissioned papers or special issues, all the manuscripts published in the Journal are selected by the editors after the normal double-blind refereeing process.