Choices in IFRS adoption in Spain: Determinants and consequences

Angels Fitó, Francesc Gómez, S. Moya*

*Autor correspondiente de este trabajo

Producción científica: Artículo en revista indizadaArtículorevisión exhaustiva

15 Citas (Scopus)

Resumen

New Spanish GAAP based on IFRS came into force for separate financial statements in 2008. Companies were allowed to choose between 1 January 2007 and 1 January 2008 as their transition date. The first option commits companies to presenting comparative statements while the second allows them to disclose only the adjustments in equity. We analyze the determinants of companies that decided to choose early transition and also the consequences of this choice on the main accounting figures and ratios. Our results show that the determinants of the early transition date are size and growth. As for the consequences, there is a significant change in the accounting figures and ratios and therefore comparability may be impaired.

Idioma originalInglés
Páginas (desde-hasta)61-83
Número de páginas23
PublicaciónAccounting in Europe
Volumen9
N.º1
DOI
EstadoPublicada - jun 2012
Publicado de forma externa

Huella

Profundice en los temas de investigación de 'Choices in IFRS adoption in Spain: Determinants and consequences'. En conjunto forman una huella única.

Citar esto