The impact of the adoption of international financial reporting standards on the quality of financial statements in Palestine
Other Title(s)
أثر تطبيق معايير التقارير المالية الدولية على جودة البيانات المالية في فلسطين
Dissertant
Thesis advisor
Comitee Members
University
Birzeit University
Faculty
Faculty of Business and Economics
Department
Department of Business Administration
University Country
Palestine (West Bank)
Degree
Master
Degree Date
2015
English Abstract
The objective of this study is to examine the impact of the adoption of International Financial Reporting Standards (IFRS) on the quality of financial statements in Palestine.
The analysis was based on the annual financial data of a sample of 32 Palestinian listed companies for the period from year 2003 to year 2012.
All Palestinian listed companies were required to prepare their financial statements in accordance with IFRS in year 2007.
Therefore, to identify the influence of IFRS on accounting quality, the ten-year period of the study was divided into two equal periods, the IFRS pre-adoption period and IFRS post-adoption period.
Based on prior literature, this study used three measurement tools for accounting quality which are earnings management (assessed through four metrics), timely loss recognition (assessed through one metric) and value relevance (assessed through four metrics).
The methodology of this study is based on multiple linear regression models to explain different accounting quality metrics for the IFRS pre-adoption period and IFRS post-adoption period.
In line with previous studies, the results of this study show mixed results as five out of the nine metrics indicate an improvement in accounting quality, while four metrics indicate a decline in accounting quality.
Specifically, one out of the four metrics of earning management improved while the other three declined, the metric of timely loss recognition declined and the four metrics of value relevance improved.
Overall, the results suggest that firms that adopt IFRS show more evidence of earnings management, less timely recognition of losses and greater value relevance.
Main Subjects
Financial and Accounting Sciences
Topics
No. of Pages
90
Table of Contents
Table of contents.
Abstract.
Abstract in Arabic.
Chapter One : Introduction.
Chapter Two : Literature review.
Chapter Three : Methodology.
Chapter Four : Findings of the study.
Chapter Five : Conclusions and recommendations.
References.
American Psychological Association (APA)
Abu Dih, Ala Musa. (2015). The impact of the adoption of international financial reporting standards on the quality of financial statements in Palestine. (Master's theses Theses and Dissertations Master). Birzeit University, Palestine (West Bank)
https://search.emarefa.net/detail/BIM-619973
Modern Language Association (MLA)
Abu Dih, Ala Musa. The impact of the adoption of international financial reporting standards on the quality of financial statements in Palestine. (Master's theses Theses and Dissertations Master). Birzeit University. (2015).
https://search.emarefa.net/detail/BIM-619973
American Medical Association (AMA)
Abu Dih, Ala Musa. (2015). The impact of the adoption of international financial reporting standards on the quality of financial statements in Palestine. (Master's theses Theses and Dissertations Master). Birzeit University, Palestine (West Bank)
https://search.emarefa.net/detail/BIM-619973
Language
English
Data Type
Arab Theses
Record ID
BIM-619973