IAS-IFRS Adoption Impact on Accounting Information： The Case of France  

作　　者：Olfa Nafti Emna Boumediene Salem Lofti Boumediene 

机构地区：[1]University of Manouba, Manouba, Tunisia [2]Montana State University Billings, Montana, USA

出　　处：《Journal of Modern Accounting and Auditing》2013年第3期321-334,共14页现代会计与审计（英文版）

摘　　要：The International Accounting Standards Board （IASB） has established international standards （International Accounting Standards （lASs） and International Financial Reporting Standards （IFRSs）） to ensure more comparability and transparency and also higher-quality financial statements. The creation of such standards by the IASB aims at achieving harmonization of accounting practices among countries. The objective of this research is to show that in accordance with the expectations of international organizations, the adoption of IAS-IFRS increases the information content of financial statements and also to identify the key accounting variables that have been affected by this adoption. This article used a sample of year observations of 150 French firms which have adopted IAS-IFRS since 2005 as data to study the association relationship between accounting variables and stock returns before and after the adoption of IASs. The findings of this paper show that the application of IAS-IFRS as accounting standards increases the information content of accounting numbers. Dividends, long-term debts, equity, and revenue variables are most correlated with stock returns. Their information content has reached 80% after the adoption, while it was 30% before.

关 键 词：International Accounting Standards （IASs）-International Financial Reporting Standards （IFRSs） dividend yield accounting variables 

分 类 号：F233[经济管理—会计学] F275[经济管理—国民经济]