The effects of accounting standards on the financial reporting properties of private firms: evidence from the German Accounting Law Modernization Act
作者: Julia ZickeFlorian Kiy
作者单位: 1SAP SE
2Goethe-University Frankfurt am Main
刊名: Business Research, 2017, Vol.10 (2), pp.215-248
来源数据库: Springer Nature Journal
DOI: 10.1007/s40685-017-0051-1
关键词: German Accounting Law Modernization ActGerman GAAPAccounting standardsFinancial reporting propertiesPrivate firms
英文摘要: This study investigates whether the 2009 German Accounting Law Modernization Act has affected the reporting and accounting practices of German private firms. In reforming German accounting standards, numerous accounting options were deleted, several accounting rules were transferred from IFRS to German GAAP with some modifications, and disclosure requirements were extended. In our analysis, we examine the changes in financial reporting and their effects on disclosures. We use four financial reporting property measures: discretionary accruals, the correlation between operating cash flow and accruals, the persistence of earnings, and the predictability of earnings. The results reveal no change across all financial reporting properties. Examining disclosure compliance for capitalized...
原始语种摘要: This study investigates whether the 2009 German Accounting Law Modernization Act has affected the reporting and accounting practices of German private firms. In reforming German accounting standards, numerous accounting options were deleted, several accounting rules were transferred from IFRS to German GAAP with some modifications, and disclosure requirements were extended. In our analysis, we examine the changes in financial reporting and their effects on disclosures. We use four financial reporting property measures: discretionary accruals, the correlation between operating cash flow and accruals, the persistence of earnings, and the predictability of earnings. The results reveal no change across all financial reporting properties. Examining disclosure compliance for capitalized...
全文获取路径: Springer Nature  (合作)
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关键词翻译
关键词翻译
  • reporting 申报
  • accounting 会计
  • financial 财政的
  • standards 规程
  • German 德国人
  • disclosure 暴露
  • evidence 
  • GAAP 公认会计原则
  • earnings 收入
  • discretionary 修]自由选择[定