Benchmark Management During Australia's Transition to International Accounting Standards

被引：6

作者：

Bentwood, Sophie ^{[1
]}

Lee, Philip ^{[1
]}

机构：

[1] Univ Sydney, Discipline Accounting, Sydney, NSW 2006, Australia

来源：

ABACUS-A JOURNAL OF ACCOUNTING FINANCE AND BUSINESS STUDIES | 2012年 / 48卷 / 01期

关键词：

IFRS; Benchmark management; Earnings management; AIFRS;

D O I：

10.1111/j.1467-6281.2012.00357.x

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

Practitioners and commentators have raised concerns that Australian companies exploited opportunities to benchmark manage during the transition to international financial reporting standards (IFRS). However, as yet, no paper has explored this possibility. This study analyses the reconciliations of AGAAP into AIFRS for 457 companies listed on the ASX 500. Results show that 16.85% of companies provided erroneous information of a material nature in their reconciliations and that, on the balance of probabilities, 5.03% of companies in the sample managed their prior year's earnings benchmarks. This has implications for countries considering whether to adopt IFRS and countries which have already established timetables for their transitions.

引用

页码：59 / 85

页数：27