This paper investigates whether or not European listed companies make use of the options offered by the IFRS and if so, which determinants influence these choices. In order to do this, the choices of 79 companies from Belgium, Germany, the Netherlands and the UK operating in the industries...

In this paper we investigated whether or not European listed companies make use of the options offered by the IFRS and if so, which determinants influence these choices and how this affects the de facto comparability of European IFRS financial statements. We analysed the choices of 197 companies...

In more than 100 countries worldwide, publicly traded, or listed companies must prepare their consolidated accounts using International Financial Reporting Standards (IFRS). For non-publicly traded, or non-listed companies, the situation is less harmonized. The European Union (EU), for example,...

Since 2005, listed EU companies apply IFRS to prepare their consolidated financial statements. Users might get the impression that these financial statements are comparable now. However, differences in application of IFRS still exist. These differences can have a negative impact on the...

The comparability of financial statements is an important research topic in accounting literature. The introduction of the International Financial Reporting Standards (IFRS) in Europe has not eliminated the need for research concerning this topic, on the contrary. Several studies already...