Дисертації з теми "Consolidated reporting"

The thesis deals with reporting. The first part is theoretically explained the concept of reporting, as one of the basic functions of controlling, PEST analysis, Porter's five forces model, 7S analysis and SWOT analysis. The practical part is focused on the analysis of the situation in reporting and follow-up proposals to improve the situation.

Foodborne illness is a serious and preventable public health problem affecting 1 in 6 Americans with cost estimates over $50 billion annually. Local health departments license and inspect restaurants to ensure food safety and respond to reports of suspected foodborne illness. The City of St. Louis Department of Health adopted the HealthMap Foodborne Dashboard (Dashboard), a tool that monitors Twitter for tweets about food poisoning in a geographic area and allows the health department to respond. We evaluated the implementation by interviewing employees of the City of St. Louis Department of Health involved in food safety. We interviewed epidemiologists, environmental health specialists, health services specialists, food inspectors, and public information officers. Participants viewed engaging innovation participants and executing the innovation as challenges while they felt the Dashboard had relative advantage over existing reporting methods and was not complex once in place. This study is the first to examine practitioner perceptions of the implementation of a new technology in a local health department. Similar implementation projects should focus more on process by developing clear and comprehensive plans to educate and involve stakeholders prior to implementation.

In 2019, the two Swedish banks Swedbank and SEB was involved in what has been called one of the largest money laundry scandals. Money laundering is a critical sustainability issue for banks since their operations enable money from corrupt activities to be laundered into the financial system, hence diverts resources from education and health services. Corruption is a difficult topic to manage due to its invisible nature, making it hard to detect and measure compared to emissions or compliance with human rights. In the last decades, there has been an increasing demand for organizations to communicate their Corporate Social Responsibility (CSR) considerations. However, the flexibility allowed by standards and regulation in this area regarding what to disclose have been argued to undermine the reliability of CSR information. There have been discussions whether the banks had informed stakeholders about the anticorruption risks sufficiently, information that primarily should be communicated through sustainability and annual reports. Previous studies examining CSR reporting quality have found that companies present information in different ways, complicating a comparison of information. They have also found that such disclosure has been used as a strategy to highlight only the good work of a company and omit negative disclosures. This study examines the quality of CSR information that is communicated in annual and sustainability reports of the four largest banks operating in Sweden; Nordea, Handelsbanken, Swedbank, and SEB. Our focus is limited to disclosure about anti-corruption for which the Global reporting initiative (GRI) provides principles in terms of what they asses to be good content and quality. We will use these principles when structuring our categories in our qualitative content analysis with quantitative elements and when we analyse and make conclusions of our results regarding the quality. We use a content analysis model called the Consolidated Narrative Interrogation Model (CONI) which integrate both qualitative and quantitative measures of CSR reporting quality. Our result show that anti-corruption disclosure differs in terms of presentation structure, which requirements from GRI that are applied and how much information that is disclosed. The overall conclusion regarding its quality is that it does not meet the reporting quality principles stated in GRI 101: foundation. We find indications of strategic legitimacy in terms of how banks disclose anti-corruption activities which is critical for the overall reporting practise since its purpose it to constitute an accurate and reliable source of information to stakeholders.

Most of international groups are obliged to create and report consolidated financial statements. In this thesis, I will describe and analyze essential principles and procedures for groups when creating consolidated financial statements according to existing norms and regulations. Furthermore I will present modifications and rules for groups that report their individual financial statements according to Czech legal norm, but consolidate according to International Financial Reporting Standards.

Univ., Habil.-Schr. u.d.T.: Fülbier, Rolf Uwe: Konsolidierte steuerliche Gewinnermittlung nach IFRS?--Bochum, 2005, eine normative Untersuchung der IFRS-Konsolidierungsregeln auf ihre Eignung als Ausgangspunkt einer konsolidierten steuerlichen Gewinnermittlung in der EU.
Literaturverz. S. 377 - 439.

The aim of this thesis is to explain the main principles of consolidated financial statements prepared with the full method of consolidation and to point out problems that can arise from foreign currency translations. The main part deals with the procedures in accordance with international accounting standards IAS/IFRS, Czech accounting principles are mentioned only for comparison. The thesis is divided into two parts, the first is dealing with the theory of consolidated financial statements and the second part deals with foreign currency translations. At the end of the thesis, there is an illustrative example on the preparation of consolidated financial statements of a parent company and its foreign subsidiary.

У роботі розглядаються теоретичні аспекти: генезис виникнення консолідованої фінансової звітності; регулювання засад консолідованої фінансової звітності; проблематики складання консолідованої фінансової звітності. Проаналізовано: загальна економічна характеристика АТ «Альфа-Банк»; міжнародні стандарти, що регламентують облік консолідації; складання консолідованої фінансової звітності на підприємстві. Запропоновано: проведення аудиту консолідованої фінансової звітності; організація внутрішнього аудиту на підприємстві; трендові моделі показника чистого процентного доходу.
The theoretical aspects are considered in the work: genezis of the emergence of consolidated financial statements; legal bases of consolidated financial statements; Issues of preparation of consolidated financial statements. Analyzed: general economic characteristic of JSC "Alfa Bank "; international financial reporting standards for consolidation purpose; preparation of consolidated financial statements at the enterprise. Proposed: Audit of consolidated financial statements; organization of internal audit at the enterprise; trend models of net interest income.

En tilltagande globalisering inom redovisning har bidragit till att internationella redovisningsprinciper och regler befinner sig i en harmoniseringsprocess. Bokföringsnämndens K-projekt pekar på att Sverige är del av denna process. Börsnoterade företag inom EU är tvingade att upprätta den finansiella rapporteringen enligt IFRS, men för svenska onoterade företag finns valmöjligheten att tillämpa de svenska reglerna. Argumenten för frivilligt antagande av IFRS bygger på ökad kvalitet, transparens och jämförbarhet i de finansiella rapporterna, vilket ska öka användbarheten för intressenterna. År 2012 inledde IASB ett arbete avseende revidering av den befintliga föreställningsramen, vilken beräknas vara färdigställd under år 2017. Den reviderade föreställningsramen lyfter fram betydelsen av tre primära intressenter, vilka utgörs av investerare, långivare och andra kreditgivare.Syftet med studien är att utreda hur svenska onoterade moderbolags val av att anta IFRS frivilligt, i stället för att tillämpa K3, påverkar de finansiella rapporterna och de primära intressenterna utifrån ett informationsbehovsperspektiv. Detta illustreras med fyra stycken hypotetiska typfall. För att uppnå syftet undersöks vilka skillnader som föreligger vid redovisningen enligt IFRS och K3 avseende finansiella instrument, goodwill vid rörelseförvärv, FoU-kostnader samt förvaltningsfastigheter med fokus på upplysningar. Metoden som tillämpas i studien är en deskriptiv analys med en abduktiv ansats inom ramen för kvalitativ forskning.Resultaten av studien visar på att det föreligger stora skillnader mellan IFRS och K3, vilket får effekten att företag som redovisar enligt IFRS framstår som mer lönsamma och mindre riskfyllda. Ett frivilligt antagande av IFRS bidrar till mer användbar information i de finansiella rapporterna samt att dessa bättre speglar företaget ekonomiska verklighet. Sammantaget framstår redovisningen enligt IFRS som mer attraktiv i förhållande till K3, utifrån de primära intressenternas informationsbehov.
Due to expanding globalization of accounting, the international accounting principles and regulations are currently in a process of harmonization. The K-project of the Swedish accounting authority Bokföringsnämnden, indicates that Sweden is a part of this process. According to EU-regulation listed companies are obligated to prepare financial statements in accordance with IFRS since 2005, but for unlisted Swedish companies there is an option of applying local Swedish regulations. The arguments in favor of a voluntary adoption of IFRS rest on promises of improved quality, transparency and comparability of financial statements, which further will increase its usefulness to stakeholders. In 2012, the IASB initiated a project regarding a revised Conceptual Framework, which is expected to be completed during 2017. The revised Conceptual Framework highlights the importance of three primary stakeholders, consisting of investors, lenders and other creditors.The objective of this study is to examine how unlisted Swedish parent companies’ choice of adopting IFRS voluntarily, instead of applying K3, affects the financial reports and primary stakeholders based on an information need perspective. This is illustrated by four hypothetical scenarios. In order to achieve the objective of this study, the existing differences of reporting under IFRS and K3 regarding financial instruments, goodwill in business combinations, R&D expenses and investment properties focusing on disclosures, are examined. The method used in the study is a descriptive analysis with an abductive approach within the frames of qualitative research.The findings indicate that there are major differences between IFRS and K3, which results in companies reporting according to IFRS appear to be more profitable and less of a risk. A voluntary adoption of IFRS contributes to more useful information in the financial statements and a better reflection of the company's financial reality. Overall, financial reporting according to IFRS appears more favorable than reporting under K3, based on the information need of the primary stakeholder.This paper is written in Swedish.

碩士
國立臺北大學
會計學系
97
The complicated reinvestment structure among members of conglomerate keeps investors from viewing the overall financial status and operation results from the financial reporting of parent company. This is not helped with the existing dual financial reporting system of Taiwan where the parent company financial statements are taken as the main part and consolidated statement as the assisting part under current legislation. In view of this, this research tried to find out whether is significant difference between the financial statements of parent company and the consolidated financial statements which is enough to misleading the decision of investors, and it is also intended to probe the discrepancy of current financial reporting system of Taiwan as well as providing suggestions on certain main issues that may be encountered if the consolidated financial statements are adopted as the main part in the future financial reporting, so that the competent authorities may be advised in promoting the consolidated financial reporting system. Conclusions and Suggestions of the Research are as following: 1.By disclosing concise financial statements of parent and its subsidiaries in the notes of consolidated financial reporting and extend the disclosure of departmental information, the insufficiency of general information in the consolidated financial reporting may be reinforced. Also, it will be helpful in promoting the comparability of consolidated financial reporting of different conglomerates to register financial reporting by adopting XBRL. 2.It is suggested that the current requirement of CPA auditing annual report shall be maintained and semi-annual and quarterly financial report shall be reviewed by CPA. 3.The reporting time lines for filing consolidated financial reporting shall be within 3 months for annual report, but competent authorities shall be authorized to provide grace period. For semi-annual and quarterly report, they are suggested to be filed within 45 days after end of the periods. 4.The timing of enforcing consolidated financial reporting is suggested to be synchronized with adopting IFRS and the subjects to be enforced shall be public companies. 5.It is suggested that competent authorities be authorized to define the control and establish the requirements in compilation of consolidate financial statements, and when it is not provided by competent authorities, GAAP shall be applied, so that there will not be 2 sets of consolidated financial statement at the same time, and to avoid future legislative amendment which is normally failed to catch up with the rapid change of economic environment.

碩士
國立政治大學
會計研究所
98
Because of the support of Enterprise Resource Planning system, business groups speed up their financial reporting preparation. Leaving aside the system cost of training, implemention, maintenance and update, its financial information still requires multiple inputs and distributions currently, and needs to repeatedly check their validity. These steps still remain at manual labor. XBRL (eXtensible Business Reporting Language) helps business to break the form of traditional financial reporting. It has machine-readable label tags, and it can reduce lots of traditional manual process. Financial Reporting Taxonomies (hereinafter referred to as XBRL FR) now are used to express the information of the total amount in financial statements. Because processed numbers can not revert to the original data, accounting principles adopted by nations around the world cannot switch amid different principles. Therefore consolidations of financial information still cost multinationals a lot of resources. In this study, based on analysis and comparison of International Accounting Standards Board, Taiwan, China and the United States official XBRL FR, we established a new XBRL FR, called NCCU XBRL FR, which is used to collect general commercial and industrial financial information (including only current assets and current liabilities). Then, we use mapping tags technology to design some logic rule database, which has four built-in XBRL Calculation Linkbases corresponding to four XBRL FRs. The logic rule database can automatically convert NCCU XBRL FR to four XBRL FRs. Ultimately, the original four XBRL FR Calculation Linkbases can compute individual financial statements before preparation of consolidated information. In this study, we proposed a method of multinational accounting standard discussion and XBRL FR mapping. We designed the questionnaire and conduct in-depth interviews to the experts of Big 4 audit firms. Then we found that there are differences in subjective judgments of multinational accounting standard. In the future, there will be a long way to go if we have the goal of common global financial reporting.

碩士
國立中央大學
企業管理學系
104
Listed companies in the over-the-counter market and emerging stock market in Taiwan formally adopted the International Financial Reporting Standards (IFRS) for preparing financial reports in 2013. The International Accounting Standards Board announced in May, 2011, that the IAS 27 would be replaced by the IFRS 10 Consolidated Financial Statements. Under the IFRS regulations, the financial statements of firms should be primarily consolidated statements, with individual financial statements as supplementary. For enterprises, integrating IFRS would affect financial and management accountings, and using IFRS 10 to prepare consolidated statements would enable corporate executive management to establish a more efficient management system and therefore enhance information transparency. 　　The present study explores the effect of the International Financial Reporting Standards (IFRS) accounting treatment in the compilation of consolidated financial statements by companies in the listed, over-the-counter, and emerging stock markets on accounting information quality. The influence of enhancing the internal benefits of IFRS on corporate governance and their correlation are also investigated. The empirical results reveal that the influence of the IFRS accounting treatment correlates positively with accounting information quality. Higher influence leads to a greater significance level. The IFRS accounting treatment enhances internal benefits and strengthens corporate governance through the mediating effect of accounting information quality, exhibiting a positive correlation. The IFRS accounting treatment involves the corporate group as a whole. The consolidated statements should involve all controlled subsidiaries. Adopting consistent accounting policies in a corporate group can save the time cost of financial statements conversion. Consequently, financial statement users can obtain high-quality and comprehensive information in a timely manner, thereby fulfilling the requirements of information transparency in corporate governance.

O presente estudo apresenta a análise de uma investigação empírica sobre os fatores que influenciam a data de relato das demonstrações financeiras das empresas com ações admitidas à cotação na Bolsa de Valores Mobiliários em Portugal (período de 2003 a 2008). Através de um modelo de regressão linear múltipla, analisaram-se os determinantes da data de relato das demonstrações financeiras consolidadas apresentadas pelas empresas. O estudo permite concluir que a alteração do normativo contabilístico, em 2005, não teve impacto significativo na data de relato. Pelo contrário, a atualização do artigo 245º da Comissão de Mercados de Valores Mobiliários, que diminuiu o número de dias máximo de divulgação da informação financeira anual, teve um impacto estatisticamente significativo na data de relato das empresas analisadas. Além disso, verifica-se que as maiores empresas, as empresas auditadas por uma Big-4 e as empresas que pertencem a setores de atividade de maior exposição pública são as que apresentam um período de reporte inferior. Uma análise adicional apresenta ainda evidência de que a redução acentuada no período de reporte verificada em 2007 não foi homogénea para as empresas analisadas, mas sim que o fator dimensão teve um impacto significativo na diminuição do período de reporte.
This study presents the results of an empirical research on the factors influencing the reporting date of financial statements from companies with shares listed on the Stock Exchange of Securities in Portugal (from 2003 to 2008). Using a multiple linear regression model, were analyzed the determinants of the reporting date of the consolidated financial statements presented by companies. The study concludes that the change of accounting standards in 2005 had no significant impact on the reporting date. Instead, the update of art.º 245º of the Commission of Securities Market, which reduced the maximum number of days of annual disclosure of financial information had a statistically significant impact on the reporting date for firms. Moreover, it appears that the large firms, firms audited by a Big-4 and the firms belonging to sectors of activity with greater public exposure are those with a shorter time to publish their annual reports. A further analysis also presents evidence that the marked reduction in the reporting period occurred in 2007 was not homogeneous among the companies analyzed, but that the size factor had a significant impact in reducing the reporting period.

In April 2003, the Financial Reporting Council (FRC) issued a strategic direction to the AASB to develop an accounting standard that would harmonise Generally Accepted Accounting Principles (GAAP) and Government Finance Statistics (GFS) accounting for Australian public sector entities. Australia is the only jurisdiction that has developed and implemented such an accounting standard. This thesis examines how and why the FRC made the decision to issue this strategic direction in a qualitative historic case study. The main data sources are oral histories and archival and other written documents. The thesis adopts the perspective that public sector accounting standards are essentially a type of public policy and adopts an agenda setting theoretical framework to investigate the events. Addressing previous calls for the use of a more sophisticated construct to investigate accounting agenda setting processes, the thesis develops a holistic, epistemologically and theoretically grounded framework combining existing theoretical lenses. The theoretical framework introduces discourse to the investigation of accounting agenda setting, enabling new insights into the political nature this process. The theoretical aspect of this thesis highlights the importance of considerations of institutional political and discursive elements and individual and collective actors in investigations of accounting agenda setting. The thesis argues that policy entrepreneurs (PEs) faced problems during the preparation of the federal government budget papers for the financial year 1999/2000. They identified the idea of GAAP/GFS harmonisation as a potential solution to their problems. At that point in time, however, other issues dominated the agendas of governments and standard setters. This created a need for the PEs to engage in a strategic process to convince the standard setters to consider and act upon GAAP/GFS harmonisation. The PEs initially focused their lobbying activity on the accounting standard setting bodies. At some point in time, it became evident, however, that the Australian Accounting Standards Board (AASB) might not decide to develop a desired accounting standard. As a result, the PEs refocused their lobbying on the AASB’s oversight body, the FRC, which essentially provided the strategic direction to the AASB. As part of the agenda setting process, the PEs had to search for a set of problems that served as a justification for their policy solution. They also created a new epistemic community that was bound by the belief that GAAP and GFS accounting principles could be harmonised and serve microeconomic GAAP and macroeconomic GFS objectives. The thesis found that the PEs were able to exploit a window of opportunity to convince the FRC of their favoured solution. FRC members from non-public sector backgrounds relied on the expertise of public-sector members and the support of the epistemic community for the project. In essence, the thesis argues that the FRC and the AASB lost control over their agendas in the GAAP/GFS harmonisation agenda setting case. Policy implications from this research project are that the institutional independence of the FRC and the AASB should be reconsidered. In addition, the institutional arrangements for public sector accounting standards should be reflected on in the light of the lack of contribution of FRC members without-public sector experience. Last, a more formalised agenda setting project should be implemented.
Thesis (Ph.D.) -- University of Adelaide, Business School, 2014.

碩士
輔仁大學
會計學系碩士班
96
This thesis examines the determinants of reporting incentives of consolidated statements by investigating the effects of revision of Statement of Financial Accounting Standards No. 7 on the accounting choice between equity method versus fully consolidation of subsidiaries companies, using a sample composing of non-financial listed and OCT firms in Taiwan from 2003 to 2005. Particularly, I examine whether the parent company exploits the flexibility of the consolidation criteria under SFAS No. 7 prior to 2005 to keep those unprofitable and highly leveraged subsidiaries off the consolidated financial statements. Besides, I also investigate whether the strength of corporate governance affects the fairly presentation of consolidated statements prior to 2005. The main findings are as the follows: 1. As the profitability of consolidated entity got worse, after the revision of the SFAS No. 7, the proportion of subsidiaries that consolidated relative to those unconsolidated increased more significantly, and prior to the revision of SFAS No. 7 (i.e., prior to 2005), the unconsolidated subsidiaries prior to were less profitable and there were more off-balance sheet debts. 2. As the financial leverage of consolidated entity got higher, after the revision of the SFAS No. 7, the proportion of subsidiaries that consolidated relative to those unconsolidated increased more significantly, and prior to the revision of SFAS No. 7 (i.e., prior to 2005), the unconsolidated subsidiaries prior to were less profitable and there were more off-balance sheet debts. 3. If the corporate governance of the parent companies were weaker, after the revision of the SFAS No. 7, the proportion of subsidiaries that consolidated relative to those unconsolidated increased more significantly, and prior to the revision of SFAS No. 7 (i.e., prior to 2005), the unconsolidated subsidiaries prior to were less profitable and there were more off-balance sheet debts. In summary, my thesis finds that the revision of SFAS No. 7 was helpful to improve the transparency of consolidated statements. It also showed that the strength corporate governance is essential for the financial reporting quality.

Since the beginning of the 21st century, the fundamental concepts of group reporting have been revised substantially by the International Accounting Standards Board. Until now, International Financial Reporting Standards (IFRS) which were introduced with the aim to increase the transparency and comparability of consolidated financial statements have been applied mandatorily for about ten years in the European Union. These important developments frame the research context of this dissertation. Based on a comprehensive introduction into the conceptual fundamentals of group reporting under IFRS, the first part of the dissertation deals with the standards IFRS 10, IFRS 11 and, in particular, IAS 28 (revised 2011) which have recently been issued. Besides, the first part contributes to the ongoing debate on the subsequent accounting for goodwill acquired in a business combination. The second part of the dissertation examines issues related to the comparability and transparency of financial reporting under IFRS. In particular, comparability is assessed by analyzing classification choices in the statement of cash flows. Finally, the effects of the IFRS adoption on two dimensions of financial reporting transparency, earnings management and disclosure quality, are examined. In summary, the dissertation aims to further our understanding regarding recent conceptual developments as well as the achievement of comparability and transparency of group reporting under IFRS.:I. Current Conceptual and Empirical Issues in Group Reporting under IFRS – Overview of the Dissertation 1 Introduction to the Research Context 2 Overview and Findings of the Manuscripts II. The Success Story of International Additives Producer AG – A Case Study on Categorization of Investments under IFRS 1 Manuscript – The Case 2 Case Teaching Notes 3 Suggested Case Solutions III. Die Bilanzierung von Beteiligungen an assoziierten Unternehmen sowie Gemeinschaftsunternehmen auf der Basis des überarbeiteten IAS 28 – Implikationen der Neuerungen für die Bilanzierungspraxis 1 Einleitung und Überblick 2 Ausgewählte Regelungen in IAS 28 (rev. 2011) vor dem Hintergrund ihrer materiellen Bedeutung 3 Ausblick auf künftige Neuerungen bzw. aktuelle Standardentwürfe 4 Zusammenfassung und kritische Würdigung IV. 10 Years Impairment-only Approach – Stakeholder Perceptions and Research Findings 1 Introduction 2 Institutional Background 3 Stakeholder Perceptions of the Impairment-only Approach 4 Research Findings regarding the Impairment-only Approach 5 Main Findings, Discussion and Implications for Standard Setting 6 Conclusion V. Comparability of reported cash flows under IFRS – Evidence from Germany ..... 243 1 Introduction 2 Conceptual background and related research 3 Determinants of classification choices: hypotheses and research design 4 Data and results 5 Conclusion VI. Short-term and long-term effects of IFRS adoption on disclosure quality and earnings management 1 Introduction 2 Institutional Background: Development of the German Accounting Environment 3 Prior Research and Hypotheses 4 Research Design 5 Results 6 Conclusion

Кваліфікаційна робота складається з трьох розділів. Об’єкт дослідження кваліфікаційної роботи є консолідована фінансова звітність ПАТ «Одеський завод радіально-свердлильних верстатів». У роботі розглядаються теоретичні аспекти: еволюції виникнення консолідованої фінансової звітності; правових засад консолідованої фінансової звітності; проблематики складання консолідованої фінансової звітності. Проаналізовано: загальна економічна характеристика ПАТ «Одеський завод радіально-свердлильних верстатів»; міжнародні стандарти, що регламентують облік консолідації; складання консолідованої фінансової звітності на підприємстві. Запропоновано: проведення аудиту консолідованої фінансової звітності; організація внутрішнього аудиту на підприємстві; аналіз платоспроможності (фінансової стійкості) підприємстві; кореляційно-регресійне моделювання збитковості операційної діяльності.)
Квалификационная работа состоит из трех разделов. Объект исследования квалификационной работы является консолидированная финансовая отчетность ПАО «Одесский завод радиально-сверлильных станков». В работе рассматриваются теоретические аспекты: эволюции возникновения консолидированной финансовой отчетности; правовых основ консолидированной финансовой отчетности; проблематики составления консолидированной финансовой отчетности. Проанализированы: общая экономическая характеристика ОАО «Одесский завод радиально-сверлильных станков»; международные стандарты, регламентирующие учет консолидации; составление консолидированной финансовой отчетности на предприятии. Предложено: проведение аудита консолидированной финансовой отчетности; организация внутреннего аудита на предприятии; анализ платежеспособности (финансовой стойкости) предприятия; корреляционно-регресійне моделирование убыточности операционной деятельности.)
The qualifying work consists of three sections. The object of research qualification work is the consolidated financial statements of PJSC «Odessa Plant of Radial Drilling Machines». The theoretical aspects are considered in the work: evolution of the emergence of consolidated financial statements; legal bases of consolidated financial statements; Issues of preparation of consolidated financial statements. Analyzed: general economic characteristic of PJSC «Odessa Plant of Radial Drilling Machines»; international standards regulating accounting consolidation; preparation of consolidated financial statements at the enterprise. Proposed: Audit of consolidated financial statements; organization of internal audit at the enterprise; analysis of solvency (financial stability) of the enterprise; correlation-regression modeling of loss-making operating activity.

Este estudo apresenta evidência sobre os efeitos da adoção da "International Financial Reporting Standard" (IFRS) 10, "Consolidated Financial Statements" (2011) e da IFRS 11, "Joint Arrangements" (2011), emitidas pelo "International Accounting Standards Board" (IASB) em maio de 2011 e integradas no denominado "pacote de consolidação". Estas normas introduzem várias alterações que podem ter potencialmente afetado a composição dos grupos de entidades e a classificação e contabilização de interesses em acordos sujeitos a controlo conjunto. O presente estudo tem natureza exploratória e consiste numa investigação preliminar, oferecendo uma caracterização da adoção da IFRS 10 e da IFRS 11 e, assim, contribuindo para a literatura, ainda escassa, sobre os seus efeitos. A amostra abrange entidades com títulos cotados na Alemanha, França e Reino Unido e uma análise de conteúdo é realizada com base nas suas Demonstrações Financeiras Consolidadas (ano da adoção e seu comparativo). Os resultados sugerem que a adoção do novo modelo de consolidação da IFRS 10 afetou a composição de um número elevado de grupos de entidades, mas não se traduziu em alterações (estatisticamente) materiais na sua informação financeira e indicadores económico-financeiros. Contudo, o estudo evidencia um número considerável de casos com alterações na classificação e contabilização de interesses em acordos sujeitos a controlo conjunto, devido à adoção da IFRS 11. Estes efeitos tendem a ser (estatisticamente) materiais, tanto nas Demonstrações Financeiras Consolidadas como nos consequentes rácios financeiros das entidades. As evidências sugerem ainda efeitos desiguais da adoção da IFRS 10 e da IFRS 11, por país e por indústria.
This study presents evidence on the effects of the adoption of the International Financial Reporting Standard (IFRS) 10, Consolidated Financial Statements (2011) and IFRS 11, Joint Arrangements (2011), issued by the International Accounting Standards Board (IASB) in May 2011 and integrated in the so-called “consolidation package”. These standards introduce several changes that may have potentially affected the composition of groups of entities and the classification and accounting of interests in agreements subject to joint control. The present study is exploratory in nature and consists of a preliminary investigation, offering a characterization of the adoption of IFRS 10 and IFRS 11 and, thus, contributing to the still scarce literature on its effects. The sample covers entities listed in Germany, France and the United Kingdom, and a content analysis is performed based on their Consolidated Financial Statements (year of adoption and its comparative). The results suggest that the adoption of the new consolidation model of IFRS 10 affected the composition of many groups of entities, but did not result in (statistical) material changes neither in its financial information nor in economic-financial indicators. However, the study evidences a considerable number of cases with changes in the classification and accounting of interests in agreements subject to joint control, due to the adoption of IFRS 11. These effects tend to be (statistical) material in the Consolidated Financial Statements and resultant financial ratios of the entities. The evidence also suggests unequal effects of the adoption of IFRS 10 and IFRS 11 by country and by industry.

Desde 2005, na União Europeia (UE), com a promulgação do Regulamento n.º 1606/2002, as entidades com títulos admitidos à cotação em bolsa passaram a utilizar obrigatoriamente as International Financial Reporting Standards (IFRS) nas contas consolidadas, existindo a possibilidade de cada Estado Membro (EM) escolher o normativo a utilizar nas contas separadas. Uma vez que a literatura acerca do valor relevante das Demonstrações Financeiras (DF) separadas é diminuta, o presente estudo tem como objetivo perceber se a adoção das IFRS apresenta um maior valor relevante que os normativos contabilísticos nacionais nas DF separadas. Este estudo compreende os relatórios financeiros das entidades com títulos admitidos à cotação em bolsa em 17 países da UE, onde a utilização das IFRS é exigida ou proibida nas DF separadas. A amostra foi recolhida entre os anos 2015 e 2018, e contempla 293 empresas com um total de 1172 observações. Os resultados mostram que ambas as DF, consolidadas e separadas, são importantes para a tomada de decisão dos investidores, isto é, uma complementa a outra. No entanto, dentro das DF, o valor relevante dos normativos a utilizar é controverso, uma vez não tem influência na variável capital próprio, já no resultado líquido, as IFRS têm maior valor relevante.
Since 2005, in the European Union (EU), with the promulgation of Regulation No. 1606/2002, companies in which securities are listed on the stock exchange have been required to use the International Financial Reporting Standards (IFRS) in consolidated accounts, with the possibility for each Member State to choose the normative to be used in separate accounts. The literature about the value-relevant of separate Financial Statements is scarce, so the present study aims to investigate whether the adoption of IFRS has a higher value-relevant than the national accounting standards on separate Financial Statements. This study comprises the financial reports of companies listed on the stock exchange in 17 EU countries, where the use of IFRS is required or prohibited on separate Financial Statements. The sample was collected between 2015 and 2018 and includes 293 companies with a total of 1172 observations. The results show that both Financial Statements, consolidated and separate, are important for investor decision making, meaning that one complements the other. However, within the Financial Statement, the value-relevant of the standards to be used is controversial, since it has no influence in the equity variable, whereas in the net income the IFRS have a higher value-relevant.