Search Advanced

National Accounting Review

2020, Volume 2, Issue 1: 95-109. doi: 10.3934/NAR.2020006
Previous Article Next Article
Research article

Impact of the mandatory adoption of IFRS on the quality of financial forecasts

  • Faculty of Economic Sciences and Management of Tunis, University of Tunis El Manar, Campus Universitaire, B.P. 248 El Manar II 2092, Tunisia
  • Received: 12 February 2020 Accepted: 26 February 2020 Published: 02 March 2020

  • JEL Codes: G14, G15, G18, M40, M41

  • This article analyses the impact of the mandatory adoption of IFRS on the quality of financial forecasts in the French context. Our sample includes SBF 120 companies monitored over the period 2002-2012. The quality of the financial forecasts was assessed through two important characteristics of the accounting information which are the level of errors in the financial forecasts and the level of dispersion. After empirical validation we found that the transition to international accounting standards has led to an improvement in the quality of financial forecasts as the level of errors in financial forecasts has decreased for financially autonomous companies. In particular, we noted that the level of dispersion for indebted companies has decreased.

    Citation: Basma Ben Néfissa, Faouzi Jilani. Impact of the mandatory adoption of IFRS on the quality of financial forecasts[J]. National Accounting Review, 2020, 2(1): 95-109. doi: 10.3934/NAR.2020006

    Related Papers:

  • This article analyses the impact of the mandatory adoption of IFRS on the quality of financial forecasts in the French context. Our sample includes SBF 120 companies monitored over the period 2002-2012. The quality of the financial forecasts was assessed through two important characteristics of the accounting information which are the level of errors in the financial forecasts and the level of dispersion. After empirical validation we found that the transition to international accounting standards has led to an improvement in the quality of financial forecasts as the level of errors in financial forecasts has decreased for financially autonomous companies. In particular, we noted that the level of dispersion for indebted companies has decreased.


    加载中


    [1] Byard D, Li Y, Yu Y (2011) The effect of Mandatory IFRS Adoption on Financial Analysts' Information Environment. J Acc Res 49: 69-96. doi: 10.1111/j.1475-679X.2010.00390.x
    [2] Cuijpers R, Buijink W (2005) Voluntary adoption of non-local GAAP in the European Union: A study of determinants and consequences. Eur Acc Rev 14: 487-524. doi: 10.1080/0963818042000337132
    [3] De Moura AAF, Gupta J (2019) Mandatory adoption of IFRS in Latin America: A boon or a bias. J Int Financ Markets Inst Money 60: 111-133. doi: 10.1016/j.intfin.2018.12.016
    [4] Ding Y, Hope O-K, Jeanjean T, et al. (2007) Differences between Domestic Accounting Standards and IAS: Measurement, Determinants, and Implications. J Acc Public Policy 26: 1-38. doi: 10.1016/j.jaccpubpol.2006.11.001
    [5] Koh F, Walter T (1989) A direct test of Rock's model of the pricing of unseasoned issues. J Financ Econ 23: 251-272. doi: 10.1016/0304-405X(89)90058-5
    [6] Lenormand G, Touchais L (2008) La pertinence des actifs incorporels avec les IFRS. Financ Contrôle Stratégie 11: 173-201.
    [7] Levasseur M, Romon F (2011) La réactivité des analystes financiers en temps de crise au sein de la zone euro.
    [8] Masoud N (2017) The effects of mandatory IFRS adoption on financial analysts' forecast: Evidence from Jordan. Cogent Bus Manage 4: 1290331.
    [9] Morais AI, Fialho A, Dionísio A (2018) La qualité comptable après l'adoption obligatoire des IFRS est-elle une démarche aléatoire? Preuve de l'Europe. J Appl Acc Res 19: 334-350.
    [10] Salameh E (2013) L'impact des normes IFRS sur le contenu informationnel des états financiers des PME cotées dans le contexte français. Eur Sci J 9: 105-121.
    [11] Turki H, Wali S, Boujelbène Y (2017) Adoption obligatoire des IFRS et asymétrie d'information dans le contexte français: effet modérateur de l'endettement. La Revue Gestion et Organ 9: 63-78. doi: 10.1016/j.rgo.2017.01.001
  • Reader Comments
  • © 2020 the Author(s), licensee AIMS Press. This is an open access article distributed under the terms of the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0)
通讯作者: 陈斌, bchen63@163.com
  • 1. 

    沈阳化工大学材料科学与工程学院 沈阳 110142

  1. 本站搜索
  2. 百度学术搜索
  3. 万方数据库搜索
  4. CNKI搜索
National Accounting Review
0.9

Metrics

Article views(2671) PDF downloads(340) Cited by(0)

Preview PDF
Download XML
Export Citation
Article outline

Figures and Tables

Tables(7)

Other Articles By Authors

Related pages

Tools

/

DownLoad:  Full-Size Img  PowerPoint
Return
Return

Catalog