This study investigates the determinants of firms' decision to impair goodwill under IFRS. Our empirical analysis is … where firms apply IFRS. We specifically investigate which role national enforcement systems play for firms' decisions … whether or not to impair goodwill. We find that firms' decisions are related to measures of performance, but also to proxies …

The adoption of IFRS by many countries worldwide fuels the expectation that financial accounting might become more … shaping accounting information. We provide early evidence on this debate by investigating the effects of mandatory IFRS … adoption of IFRS increases the comparability of some prominent balance sheet line items across countries, it has no clear …

peers' accounting performance around the mandatory adoption of International Financial Reporting Standards (IFRS). We find a …, consistent with greater financial reporting comparability associated with mandatory IFRS adoption. These findings cannot be … explained by changes in foreign ownership or changes in foreign operations around mandatory IFRS adoption. Furthermore, we find …

abandoning fair value recognition for selected financial assets. Using a comprehensive global sample of publicly listed IFRS … reclassifying banks do not fully comply with the accompanying IFRS 7 requirements. These banks experience a significant increase in … bid-ask spreads in the long run. -- Bank Regulation ; Fair Value Accounting ; Financial Crisis ; IAS 39 ; IFRS 7 …

The mandatory adoption of IFRS by many countries worldwide fuels the expectation that financial accounting information … of mandatory IFRS adoption on the comparability of financial accounting information around the world. Using two … comparability proxies based on De Franco et al. [2011], our results suggest that the overall comparability effect of mandatory IFRS …

apply the framework to help provide insights into the determinants and outcomes of accounting institutions (including IFRS …

One objective of IFRS is to have comparable financial statements, including their presentations, between companies and … over time. However, IFRS do not prescribe a particular format for the presentation of the income statement. Some empirical … exist and since there are (cultural) differences in the application of IFRS, we can reasonably doubt the comparability of …

adoption of IFRS by the United States. In Part I (see Hail et al. 2010), we develop the conceptual framework for our analysis … and discuss economic factors driving the costs and benefits associated with IFRS adoption. In this part, we provide an … analysis of the political factors related to the possible U.S. adoption of IFRS, present several scenarios for the evolution of …