| dc.contributor.author | Paananen, M. | |
| dc.contributor.author | Lin, H. | |
| dc.date.accessioned | 2008-12-11T14:50:04Z | |
| dc.date.available | 2008-12-11T14:50:04Z | |
| dc.date.issued | 2008 | |
| dc.identifier.citation | In: Procs of the International Accounting Section and IAAER Joint 2008 14th Midyear Conference | en |
| dc.identifier.other | 903019 | |
| dc.identifier.uri | http://hdl.handle.net/2299/2693 | |
| dc.description | Original paper can be found at:http://ssrn.com/abstract=1066604 | en |
| dc.description.abstract | We examine the characteristics of accounting amounts using a sample of German
companies reporting under IAS during 2000-2002 (IAS period), and IFRS during 2003-
2004 (IFRSvoluntary period) and 2005-2006 (IFRSmandatory period). We find a decrease in
accounting quality after the mandatory EU adoption in 2005. Our findings on earnings
smoothing and timely loss recognition corroborates largely our findings related to value
relevance of accounting information. Our results indicate that accounting quality has not
improved but worsened over time. Further analysis shows that this development is less
likely be driven by new adopters of IFRS but is driven by the changes of the standards.
Contrary to the intention with the adoption of the European adoption of IFRS, this makes
it harder for investors to base their decisions on the IFRS financial reporting. | en |
| dc.format.extent | 234950 bytes | |
| dc.format.mimetype | application/pdf | |
| dc.language.iso | en | en |
| dc.publisher | American Accounting Association | en |
| dc.title | The Development of Accounting Quality of IAS and IFRS Over Time: the case of Germany. | en |
| dc.type | Conference paper | en |
| herts.preservation.rarelyaccessed | true | |
