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 …

This study examines the effects of a prominent principles-based standard (SFAS-142, Goodwill and Other Intangible … Assets) on financial statement comparability. Using non-goodwill-intensive firms as our control group, we implement a … difference-in-differences research design to examine how SFAS-142 affects comparability among goodwill-intensive firms (i.e. a …

Financial Reporting Standards (IFRS) in substance (the content of IFRS) to IFRS in substance and form (IFRS as issued by the … is now formally referred to as IFRS as issued by the IASB. We use data from South Africa, a country whose local Generally … Accepted Accounting Practices (GAAP) was word-for-word the same as IFRS prior to the adoption of IFRS as issued by the IASB in …

We contribute to the debate about the relative benefits and costs of International Financial Reporting Standards (IFRS … flows differ for firms reporting under IFRS versus firms reporting under United States Generally Accepted Accounting …,832 firm-year observations drawn from 33 countries from 2002 through 2008, we find that positive earnings reported under IFRS …

of financial statements when reflecting about International Financial Reporting Standards (IFRS) implementation in Europe …