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The impact of international financial reporting standards on Canadian accounting quality [Impacto de los estándares internacionales de información financiera en la calidad contable canadiense]

dc.creatorCardona Montoya J.C., Cano Morales A.M.spa
dc.date.accessioned2018-04-13T16:33:13Z
dc.date.available2018-04-13T16:33:13Z
dc.date.created2017
dc.identifier.issn7981015
dc.identifier.urihttp://hdl.handle.net/11407/4549
dc.description.abstractThis paper examines whether the application of International Financial Reporting Standards (IFRS) is associated with higher accounting quality in Canada. By using a sample of domiciled and listed companies in the Canadian markets, the change in accounting quality is assessed under two measurement expressions: the value relevance and the level of accounting conservatism. The findings suggest that the accounting information, generated under IFRS, is associated with greater usefulness by market agents; Additionality, the negative returns are incorporated with greater timely in the earnings, regarding to the positive returns. Both results are associated with higher accounting quality. © 2017.eng
dc.language.isospa
dc.publisherRevista Espaciosspa
dc.relation.isversionofhttps://www.scopus.com/inward/record.uri?eid=2-s2.0-85033711484&partnerID=40&md5=6f69497f1d3bb2a72d2cb72806d75795spa
dc.sourceScopusspa
dc.titleThe impact of international financial reporting standards on Canadian accounting quality [Impacto de los estándares internacionales de información financiera en la calidad contable canadiense]spa
dc.typeArticleeng
dc.rights.accessrightsinfo:eu-repo/semantics/restrictedAccess
dc.contributor.affiliationUniversitaria de Envigado - IUE, Envigado, Colombia; Universidad de Medellín, Medellín, Colombiaspa
dc.subject.keywordAccounting conservatism; Accounting quality; Adoption IFRS; Value relevanceeng
dc.publisher.facultyFacultad de Ciencias Económicas y Administrativasspa
dc.abstractThis paper examines whether the application of International Financial Reporting Standards (IFRS) is associated with higher accounting quality in Canada. By using a sample of domiciled and listed companies in the Canadian markets, the change in accounting quality is assessed under two measurement expressions: the value relevance and the level of accounting conservatism. The findings suggest that the accounting information, generated under IFRS, is associated with greater usefulness by market agents; Additionality, the negative returns are incorporated with greater timely in the earnings, regarding to the positive returns. Both results are associated with higher accounting quality. © 2017.eng
dc.creator.affiliationCardona Montoya, J.C., Universitaria de Envigado - IUE, Envigado, Colombia; Cano Morales, A.M., Universidad de Medellín, Medellín, Colombiaspa
dc.relation.ispartofesEspaciosspa
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