A carregar...
Publicação
Are the separate financial accounts also relevant? Assessing those accounts reported by listed European entities
| Nome: | Descrição: | Tamanho: | Formato: | |
|---|---|---|---|---|
| 2.22 MB | Adobe PDF |
Orientador(es)
Resumo(s)
The International Accounting Standard (IAS) 27 should be used in the preparation of
separate financial statements (SFS) for entities with securities traded on regulated
markets within the European Union (EU) that adopt International Financial Reporting
Standards (IFRS). This research aims to assess the value relevance of SFS. Additionally, it
also analyses the value relevance of the interests under IAS 27 reported therein. It uses
documental analysis as a technique and archival research as a method, with entities
from the major indices of EU countries as a research sample. Linear regression models
are used for data analysis. The findings indicate that both the SFS and those interests
influence the entities’ share prices. As far as the authors’ knowledge, this research solves
a gap in the literature by assessing the value relevance of interests reported in the SFS
and the SFS itself, which have not been reaching the same attention by researchers
compared to studies with similar purposes but focusing on the consolidated financial
statements. As a contribution, this study can benefit standard-setter bodies and local
regulators in understanding the usefulness of SFS for stakeholders’ decision-making by
stressing the relevance of those accounts, and the material items reported therein.
Descrição
Palavras-chave
Accounting choices IAS 27 interests separate financial statements value relevance
Contexto Educativo
Citação
Maria Carolina Ribeiro, Fábio Albuquerque & Paula Gomes Dos Santos (2024) Are the separate financial accounts also relevant? Assessing those accounts reported by listed European entities, Cogent Business & Management, 11:1, 2371548, DOI: 10.1080/23311975.2024.2371548