Title Assessing the impact of accounting choices and the economic context on firm’s compliance with the mandatory requirements of IFRS
Authors DE VICENTE LAMA, MARTA, MOLINA SÁNCHEZ, HORACIO, RAMÍREZ SOBRINO, JESÚS NICOLÁS, MOLINA SÁNCHEZ, HORACIO, RAMÍREZ SOBRINO, JESÚS NICOLÁS, DE VICENTE LAMA, MARTA
External publication No
Means Actual Probl. Econ.
Scope Article
Nature Científica
SJR Quartile 4
SJR Impact 0.12400
Area International
Web https://www.scopus.com/inward/record.uri?eid=2-s2.0-84930804158&partnerID=40&md5=362d3f87500b50162e8ebb468cb8f999
Publication date 01/01/2015
Scopus Id 2-s2.0-84930804158
Abstract This study assesses the disclosure compliance with International Accounting Standard (IAS) 40 "Investment property" and analyses if there is an improvement in the level of disclosure when there is uncertainty at the markets such as under a crisis. Secondly, it examines in the context of accounting choice of the determinants that explain the differences in disclosure levels and investigates the determinants of disclosure compliance concerning the reliability of fair value estimates. The study documents an improvement in disclosure levels during the crisis period and evidences the influence of the country of origin and the accounting choice on the level of compliance with mandatory requirements regarding fair value estimations. This finding suggests that firms take more care about fair values presented in financial statements, relative to disclosed fair values. © Marta de Vicente Lama, Horacio Molina Sanchez, Jesus N. Ramirez Sobrino, 2015.
Keywords Fair value accounting; IFRS; Mandatory disclosure
Universidad Loyola members