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Copyright of Revue Académique des Études Sociales et Humaines is the property of Hassif Benbouali University of Chlef and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Research Question: What are the determinants that may affect the choices of permanent accounting options adopted by European groups during the transition to IAS/IFRS standards? Motivation: 2005 was the year of the changeover to international standards in Europe. One of the difficulties and one of the challenges of the transition to IFRS for companies relates to the choice of permanent options retained during the first application of the IAS/IFRS standards which constitutes a commitment. It is in this perspective that we have directed our research by studying the determinants of the choices of the permanent options adopted by the European groups during the transition to the IAS/IFRS standards. Idea: The purpose of this article is to study the determinants of the choices of permanent accounting options made during the first adoption of international accounting standards IAS/IFRS. Data: The study sample consisted of 84 publicly listed firms in the Euronext 100 index. Tools: To test study’s hypotheses, we applied a logistical regression. Findings: Results show that industry, and the financial performance are the most used reasons to justify the choice of permanent options. Contribution: Compared to previous studies, our research focused on permanent options, whereas previous research was limited to the study of optional exemptions.

Small and medium-sized enterprises constitute a strong potential in the economy of the entire European Union, but also in the Slovak Republic. The significance of these enterprises is not only at the national level, but also reaches a transnational dimension. Small and medium-sized enterprises resist not only various external influences, but also frequent legislative changes. Individual legislative changes can also result in a change in the financial performance of small and medium-sized enterprises. The aim of the paper is to point out the change in results through the method of principal components, which was performed from the input data of ratio indicators, in the event of a mandatory transformation of national accounting standards into international accounting standards. At present, however, small and medium-sized enterprises are not obliged to present financial statements according to international accounting standards, but the progressing time and the Slovak Republic's part in the European Union may also cause the harmonization of financial statements itself.

Copyright of Business Consultant / Poslovni Konsultant is the property of FINconsult Ltd. and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Small and medium-sized enterprises constitute a strong potential in the economy of the entire European Union, but also in the Slovak Republic. The significance of these enterprises is not only at the national level, but also reaches a transnational dimension. Small and medium-sized enterprises resist not only various external influences, but also frequent legislative changes. Individual legislative changes can also result in a change in the financial performance of small and medium-sized enterprises. The aim of the paper is to point out the change in results through the method of principal components, which was performed from the input data of ratio indicators, in the event of a mandatory transformation of national accounting standards into international accounting standards. At present, however, small and medium-sized enterprises are not obliged to present financial statements according to international accounting standards, but the progressing time and the Slovak Republic's part in the European Union may also cause the harmonization of financial statements itself. [ABSTRACT FROM AUTHOR]

IAS/IFRS represent a set of global accounting standards that have gained a tremendous influence over national standards, regulations and organisations all across the globe. Romania’s argument for being an interesting research case is given mainly by its longer experience with the standards over other countries in the region. Through this study, my aim is to highlight the arguments in favour of IAS/IFRS over the national GAAP by conducting a survey, addressed to the employees of the biggest 7 accounting firms in Romania.

Copyright of Journal of Financial, Accounting & Managerial Studies is the property of Journal of Financial, Accounting & Managerial Studies and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Copyright of IDES is the property of Institute of Certified Public Accountants and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

IAS/IFRS represent a set of global accounting standards that have gained a tremendous influence over national standards, regulations and organisations all across the globe. Romania's argument for being an interesting research case is given mainly by its longer experience with the standards over other countries in the region. Through this study, my aim is to highlight the arguments in favour of IAS/IFRS over the national GAAP by conducting a survey, addressed to the employees of the biggest 7 accounting firms in Romania. [ABSTRACT FROM AUTHOR]

Research background: The rules of preparing the statement of comprehensive income are included in the International Accounting Standard 1 “Presentation of Financial Statements” which gives a lot of freedom in the way information is presented in these documents. So the following question was asked whether the way of presenting information regarding results between enterprises representing the same industries manifests similarities or differences?

Copyright of Finance & Business Economies Review is the property of Finance & Business Economies Review and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

The scientific contribution focuses on the statistical analysis of selected indicators of the financial performance of enterprises, which within the same accounting period are reported according to national accounting legislation and according to IAS/IFRS. Due to the different approach to the reporting of asset and liability items, individual items of the statements change, which is the reason for achieving different values of financial liquidity indicators, or the golden balance rule and other financial indicators. In the introduction to the article, we will present similar research in this area. In this paper we will deal with statistical testing of absolute changes of indicators using the Wilcoxon test and t-test. The main hypothesis of the paper is to examine whether there are statistically significant differences between the values of the indicator according to national accounting legislation and IAS/IFRS. [ABSTRACT FROM AUTHOR]

Copyright of Journal of Management & Economics Research is the property of Journal of Management & Economics Research and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Copyright of Cracow Review of Economics & Management / Zeszyty Naukowe Uniwersytetu Ekonomicznego w Krakowie is the property of Cracow University of Economics and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Copyright of Acta Sting is the property of Akademie STING, o.p.s. and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

The aim of our research is to verify if Italian listed companies financial statements provide adequate information about the capitalization of costs related to intangible assets and if the information provided are reliable. Moreover, we investigated if they merely comply with law or provide additional information on cost capitalization and reveal if internal control systems (especially managerial accounting systems) or other information systems are applied to support the measurement process and the cost control, thus guaranteeing the verifiability and representational faithfulness of the information disclosed. This paper is an empirical analysis and is concerned to investigate the financial statements of 250 Italian listed companies.

Over the centuries, different countries have met their accounting systems adjusted to the economic, social and political. However, at the end of the twentieth century, it was possible to distinguish several “families” of accounting, without the researchers to reach agreement on a definitive classification of accounting systems practiced in the world. The diversity of national accounting systems put, obviously, some problems. It is, indeed, difficult to compare the financial statements of companies in different countries, which apply their national rules. With the interconnection of national economies and the growth of large financial markets at the end of the last century, these issues have gained greater acuity. It is necessary that investors can compare financial performance of firms of different nationalities. This article is trying to present and analyse the accounting systems of two neighbour countries, Romania and Moldova, in order to understand the possibility of a multinational investment.

Within the EU investor protection framework, issuers are required to provide different investor groups with relevant information. The introduction of the prospectus summary (which has recently undergone substantial changes) clearly shows that EU legislator include unsophisticated investors among the users of financial information. Nevertheless, the issuers’ accounting regime seems to be inconsistent with this regulatory approach. Due to their ever increasing complexity, IAS/IFRS are not suitable to meet unsophisticated investors’ needs and can lead to information overload. Given that a simplification of IAS/IFRS does not appear to be possible, and would be inefficient, the article looks at the UK Strategic Report model and argues that the narrative component of financial reports can play a key role in rendering EU issuers’ financial reports more informative and more suited to meeting information needs of different groups of users by diversifying information directed at unsophisticated and sophisticated investors. Although Directive 2013/34/EU regulates the contents of management reports, a harmonised practice of narrative reporting at EU level is lacking, due to the high degree of flexibility provided by the Directive 2013/34/EU. The article outlines the framework of a possible EU (more) harmonised approach in the area of narrative reporting, arguing that the ESMA may foster harmonisation by promoting the adoption at the national level of proactive enforcement activities aimed at developing guidance and recommendations on the contents and format of narrative reporting, and possibly providing issuers and national enforcers (on which first rests the responsibility to enforce accounting rules) with guidelines on narrative reporting. [ABSTRACT FROM AUTHOR]

Copyright of Economic Annals-XXI / Ekonomìčnij Časopis-XXI is the property of Institute of Society Transformation and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

In the current economic context, disclosure quality (DQ) became a decisive factor in communication policies of the entities, playing a fundamental role in the economic growth and the efficient functioning of entities on the market, and especially in creating or destroying the competitive advantage they hold. Many authors place the accounting information in the perimeter of the objectivity and the accuracy, which is essential in making economic decisions by the leadership. Thus, in support of decision-makers, accountants apply professional judgment (judgment of International Financial Reporting Standards), taking decisions in terms of the use of accounting treatments to achieve a quality of financial reporting information. The objective of this paper is to analyze the DQ measurement of economic-financial information, considering the debate existing today on this issue, especially as we note that the accounting information can be the best friend of actual and potential investors if it's used properly. [ABSTRACT FROM AUTHOR]

Copyright of Research Papers of the Wroclaw University of Economics / Prace Naukowe Uniwersytetu Ekonomicznego we Wroclawiu is the property of Uniwersytet Ekonomiczny we Wroclawiu and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Copyright of Financial Sciences / Nauki o Finansach is the property of Uniwersytet Ekonomiczny we Wroclawiu and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

As an ex-communist and emerging country, Romania went through several stages of reform, being political, economically and socially affected. The first decade, after the fall of Communism, was the stage of adaptation to a new accounting system imposed by the transition to the market economy, where the state remained the primary user of the accounting information. During this period Romania has implemented an accounting system based on the French system, which was used without significant changes. After 2000, Romanian accounting system's target was a better harmonization and convergence with the European directives and with the IAS/IFRS. In this period, the accounting system changed by giving new valences to the accounting information and by increasing the number of users. This paper analyses the evolution of the accounting system in Romania after the fall of Communism through a longitudinal analysis, using a framework based on Carnegie and Napier's approach (2002). [ABSTRACT FROM AUTHOR]

Copyright of Research Papers of the Wroclaw University of Economics / Prace Naukowe Uniwersytetu Ekonomicznego we Wroclawiu is the property of Uniwersytet Ekonomiczny we Wroclawiu and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

This paper discusses the effects of the adoption of IAS/IFRS in Europe on the quality of financial reporting. In doing so, it adopts the perspective of stock market investors and focuses on value-relevance research. The adoption of IAS/IFRS in Europe is an example of accounting standardization among countries with different institutional frameworks and enforcement rules. This allows investigating whether, and to what extent, accounting regulation per se can affect the quality of financial reporting and leads to convergence in financial reporting. This is a key issue for standard setting purposes as IAS/IFRS have been adopted in very diverse countries all over the world, and many others are likely to adopt them in the near future.

Purpose -- The purpose of this paper is to discuss accounting development in Tunisia, which is a developing North African country little known in the international accounting literature. Design/methodology/approach -- Methodologically, this paper is based on an exploratory approach. It uses the descriptive tradition of research by collecting and analyzing numerical and narrative data to identify and describe environmental factors that favor or hamper accounting development in Tunisia. Findings -- This paper indicates that Tunisian companies have been applying the Enterprise Accounting System (EAS) since 1996. This system, while keeping with the logic of a chart of accounts, represents a first attempt to harmonize with international accounting standards. Accounting harmonization in Tunisia is meant to support the strategy, launched in the early 1990s, to integrate the country into the globalization process. Accordingly, the EAS has helped to achieve macroeconomic benefits (public interests). However, it does not lead to the desired level of financial transparency (private interests), especially that of large companies. Currently, Tunisian Accounting Standards neither reflect the rapid evolution of business activity nor changes in international accounting standards. This unachieved harmonization has led some listed companies to comply with some International Financial Reporting Standards which are not included in the EAS. Research limitations/implications -- The unachieved harmonization in Tunisia is mainly related to the political system, taxation factors, the legal system, the weak state of corporate governance and governmental control over standardization. Practical implications -- This paper provides insights into the problems of developing countries that harmonize with international standards to achieve public interests. These countries may encounter many difficulties in bringing their accounting standards up to date. These difficulties seem to be associated with environmental specificities. Accordingly, international standardization bodies and developing country regulators should take into account environmental factors which are determinant for the harmonization decision to succeed. Originality/value -- This paper contributes to the existing literature on accounting development in developing countries. It implies that recent accounting development, as it is designed in Tunisia, is better suited to the needs of small businesses. Large companies would be compelled to complement local generally accepted accounting principles by standards they choose, voluntarily, among international standards. [ABSTRACT FROM AUTHOR]

Copyright of Economic Annals-XXI / Ekonomìčnij Časopis-XXI is the property of Institute of Society Transformation and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

This paper aims to describe the professional judgment resulted from the issuance and application of international standards IAS/IFRS. A main purpose was to practically and conceptually identify the forms in which this judgment is generating its effects in the professional activity. The professional judgment raises various interrogations regarding its valences in the organizational environment and represents a central element of the current legislator's attention. [ABSTRACT FROM AUTHOR]

Copyright of Research Papers of the Wroclaw University of Economics / Prace Naukowe Uniwersytetu Ekonomicznego we Wroclawiu is the property of Uniwersytet Ekonomiczny we Wroclawiu and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Equity, less discussed in the literature in Romania, and the International Financial Reporting Standards (IFRS) are essential to initiate and conduct any financial or economic activity, i.e., a prerequisite for the establishment of an entity and their sustainable existence. In this context, it may be pointed out that attention is fully justified that theoreticians, practitioners and external users--especially existing and prospective investors, rightly called privileged users--pay attention to the equity accounting information in respect of quality and reliability. [ABSTRACT FROM AUTHOR]

Discussions on the determinants of current developments in financial reporting matters drew a tendency to heterogenize the structure of financial accounting information demand, especially from external users. The success of the current accounting convergence process depends on the degree of participation, transparency and model of decision adopted in the international accounting standardization process. The legitimacy of these efforts is deeply affected by the position of accounting normalisers towards the main actors affected by changes in legislation regarding financial reporting which are the multinational companies. Financial strength and position of the main suppliers of financial information justifies the need to directly involve them in the process of accounting normalization.

Economic globalizations, development of international markets, have led multinational companies to develop their activities worldwide. In this context, they faced different accounting regulations of various countries. Therefore, based on the need for a common framework of accounting regulations, several bodies have started the process of creating a System of International Accounting Standards (IAS/IFRS). The purpose of this article is to explain how multinational activities (but not only that) have influenced the process of accounting harmonization in Romania and convergence of the national accounting system to International Accounting Framework, by adopting IAS/IFRS.

A controversial subject at the present time is the issue of harmonization of accounting both at European level and globally. Although much has been made in bringing the accounting at a uniform level, this request it has not reached yet. A comparative study between the accounting treatment of fixed assets amounted to Romanian national regulations and in accordance with international rules, will bring out the best in show the similarities and differences between the regulations. The rules used for comparison will be OMFP 3055/2009, International Accounting Standard 16 – Tangible and Generally Accepted Accounting Principles 360.