The Effects Of Mandatory IAS/IFRS Regulation On The Properties Of Earnings’ Quality In Australia And Europe

Journal Article

• Magazine \ Newspaper: European Journal of Business and Management, Volume 6 , Issue 3, Pages 92-111.

Publication Abstract

The aim of this study is to investigate the impact of International Financial Reporting Standards (IFRS) on earnings‟ quality. More specifically, this paper aims at verifying whether the IFRS regulation produces better earnings‟ quality than local GAAP regulation for listed companies in 17 countries from Australia and Europe. For this purpose, we empirically investigate basic sets of earnings‟ quality attributes to provide evidence of the consequences of mandatory IFRS adoption. We focus on value relevance, predictability, persistence, timeliness, timely loss recognition, smoothing, earnings toward target and accruals quality