2012 Fiscal Year Final Research Report
Empirical Study on performance reporting and the convergence and/or adoption of international accounting standards
| Project/Area Number |
22730376
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| Research Category |
Grant-in-Aid for Young Scientists (B)
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| Allocation Type | Single-year Grants |
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| Research Field |
Accounting
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| Research Institution | Konan University |
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Principal Investigator |
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| Project Period (FY) |
2010 – 2012
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| Keywords | 包括利益 / PEAD / 公正価値 / IFRS / コンバージェンス / アドプション |
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| Research Abstract |
This study investigates the influence of IFRS convergence and/ or adoption, specifically, focusing on performance reporting. As a whole, the following four research questions are examined. First, I examine the usefulness of comprehensive income on post earnings announcement drift (PEAD). Second, in that comprehensive income depends on the fair value, I examines whether fair value accounting amplifies pro-cyclical effects. Third, the performance presentation issues are discussed based on discussion papers and exposure drafts by FASB/IASB and prior literature. Finally, firms’ views for the adoption of IFRS are investigated via a questionnaire survey of listed companies in South Korea and Japan. These results suggest that the adoption of IFRS does not always provide benefit for investors and firms.
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Research Products
(13 results)
