94b
SALA CONDESA MUMADONA DIAS – SESION I – Jueves, 25 [17,15 – 18,45]
THE IMPACT OF IAS/IFRS: EVIDENCE FROM PORTUGUESE LISTED
COMPANIES
Tânia Alves de Jesus
Instituto Superior de Contabilidade e Administração de Lisboa (ISCAL)
Avenida Miguel Bombarda, 21, 1069-035 Lisboa, Portugal
[email protected]
José Luis Miguel da Silva
Instituto Superior de Contabilidade e Administração de Lisboa (ISCAL)
Avenida Miguel Bombarda, 21, 1069-035 Lisboa, Portugal
[email protected]
Ana Isabel Morais
Instituto Superior de Ciências do Trabalho e da Empresa (ISCTE)
Avenida Prof. Aníbal Bettencourt, 1600-189 Lisboa, Portugal
[email protected]
Topic: B) Valoración y Finanzas
Keywords: Accounting harmonisation, IAS/IFRS, Measurement
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THE IMPACT OF IAS/IFRS: EVIDENCE FROM PORTUGUESE LISTED
COMPANIES
Abstract
To put an end to the problem of incomparability and to increase the usefulness
of financial information to users in- and outside the European Union (EU), the
European Commission (EC) has required that consolidated financial
statements of listed companies should be published using IFRS from 2005
onwards. The purpose of this paper is to provide empirical evidence of the
quantitative impact of the differences between Portuguese accounting rules
and IFRS, by analysing total and individual adjustments to IFRS in the
reconciliations of equity and net income of all Portuguese listed companies.
The empirical results indicate a more relevant total impact of such a transition
on net income than equity.
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