flows differ for firms reporting under IFRS versus firms reporting under United States Generally Accepted Accounting …We contribute to the debate about the relative benefits and costs of International Financial Reporting Standards (IFRS …) adoption by examining whether earnings persistence and the association between current accounting earnings and future cash …

The purpose of this paper is to compare the cyclical behavior of various credit impairment accounting regimes, namely … IAS 39, IFRS 9 and US GAAP. We model the impact of credit impairments on the Prot and Loss (P&L) account under all three … regimes. Our results suggest that although IFRS 9 is less procyclical than the previous regulation (IAS 39), it is more …

The purpose of this paper is to compare the cyclical behavior of various credit impairment accounting regimes, namely … IAS 39, IFRS 9 and US GAAP. We model the impact of credit impairments on the Profit and Loss (P&L) account under all three … regimes. Our results suggest that although IFRS 9 is less procyclical than the previous regulation (IAS 39), it is more …