Journal articles: 'IFRS 15'

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ERGÜDEN, A. Engin. "IFRS 15." International Journal of Finance & Banking Studies (2147-4486) 9, no. 1 (March 11, 2020): 47–57. http://dx.doi.org/10.20525/ijfbs.v9i1.650.

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Revenue is one of the most important performance and size indicators for businesses. A new standard, which has more comprehensive and comparable feature to eliminate the deficiencies in the IFRS (International Financial Reporting Standart)-15 Revenue From Customer Contracts Standard published on 15.01.2019 and the old revenue (IAS-18 Revenue and IAS (Inernational Accounting Standarts) -11 Construction Contracts) standards to be applied in the accounting periods starting after 01.01.2018, has been introduced. The most important purpose of the standard is to eliminate the uncertainties and deficiencies in the old standards with a five-step model on important issues related to when and what amount of the revenue based on the contract with customers will be accounted. According to IFRS-15 Revenue From Customer Contracts Standard, which is applied for the accurate reporting of revenues, comprehensive analysis of the financial table footnotes of the businesses in the tourism sector concerning presentation of the records related to the revenue in the financial statements in the footnotes, the contracts placed with the customer of the enterprise, important evaluations in the application of the standard and the transaction costs incurred in the financial statements as an asset has been the scope of this study.

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Van der Kuij-Groenberg, Katja, and Maarten Pronk. "Impact van IFRS 15." Maandblad Voor Accountancy en Bedrijfseconomie 93, no. 11/12 (December 11, 2019): 317–28. http://dx.doi.org/10.5117/mab.93.39539.

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IFRS 15 Revenue from Contracts with Customers is voor het eerst van toepassing op jaarrekeningen met een boekjaar aanvangend op of na 1 januari 2018. Wij analyseren de effecten van deze nieuwe standaard voor 66 Europese beursgenoteerde ondernemingen. In een meerderheid van de onderzochte jaarrekeningen is het effect van de eerste toepassing van IFRS 15 op eigen vermogen en omzet niet materieel. Bedrijfstakken die het meest zijn geraakt, zijn Telecommunications en Utilities. De timing van de omzet wordt het meest genoemd als oorzaak van de impact, gevolgd door het activeren van de kosten van het verkrijgen van een contract. De werkelijke impact wijkt niet veel af van de vorig jaar ingeschatte impact.

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Roozen, Kees, and Maarten Pronk. "Toelichting verwachte impact van IFRS 9 en IFRS 15." Maandblad Voor Accountancy en Bedrijfseconomie 92, no. 11/12 (December 10, 2018): 309–28. http://dx.doi.org/10.5117/mab.92.29609.

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IAS 8 bevat de verplichting om informatie te verstrekken over nieuwe standaarden die nog niet toegepast hoeven te worden. In de 2017-jaarrekening geldt dat met name voor IFRS 9 ‘Financial Instruments’ en IFRS 15 ‘Revenue from Contracts with Customers’. Wij analyseren de informatieverstrekking door Europese beursgenoteerde corporates. De meeste ondernemingen geven de impact aan. Van de onderzochte ondernemingen geeft 9% aan dat IFRS 9 een materiële impact heeft en voor IFRS 15 ligt dat percentage op 32%. IFRS 9 heeft materiële impact op de onderdelen Classificatie en waardering en Bijzondere waardevermindering. Voor IFRS 15 worden de nadere richtlijnen over het onderkennen van prestatieverplichtingen als belangrijkste reden voor aanpassing genoemd. Bij IFRS 9 kwantificeert zo’n 30% van de ondernemingen de impact en bij IFRS 15 is dat zo’n 50%. De meeste ondernemingen zonder kwantitatieve indicatie geven aan dat de impact niet materieel is.

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Pelster, Clemens, and Christian Herold. "IFRS 15 — Chance für das Controlling." Controlling & Management Review 61, no. 3 (April 2017): 56–61. http://dx.doi.org/10.1007/s12176-017-0012-8.

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Pelster, Clemens, and Christian Herold. "IFRS 15 im Service- Controlling nutzen." Controlling & Management Review 61, no. 4 (May 2017): 42–49. http://dx.doi.org/10.1007/s12176-017-0032-4.

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Pelster, Clemens, and Christian Herold. "IFRS 15 im Vertriebs-Controlling nutzen." Controlling & Management Review 61, no. 5 (June 2017): 41–47. http://dx.doi.org/10.1007/s12176-017-0055-x.

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Ervinda, Moch Yasin Dwi, and Muhammad Hadiyan Ridho. "Dampak IFRS 15 Bagi Laporan Keuangan Perusahaan Konstruksi." Keberlanjutan : Jurnal Manajemen dan Jurnal Akuntansi 5, no. 1 (July 6, 2020): 38. http://dx.doi.org/10.32493/keberlanjutan.v5i1.y2020.p38-50.

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This study aims to analyze the impact of the implementation of IFRS 15 associated with the recognition of contract revenue with customers at the Boygues SA company in France. The research method used in this study is a qualitative method. The steps taken in this study by using content analysis that is collecting data, documenting and analyzing. This study uses the 2017 financial statements before and after implementation of IFRS 15 as a basis for evaluating the impact from those implemetation. The results showed that the application of IFRS 15 did not significantly influence the company's revenue or overall Financial Report.

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Shin, Heejeong, Su-In Kim, and Sangmi Kim. "IFRS adoption and investor perceptions of earnings quality: evidence from Korea." Investment Management and Financial Innovations 15, no. 1 (January 17, 2018): 26–34. http://dx.doi.org/10.21511/imfi.15(1).2018.04.

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This study examines the consequences of International Financial Reporting Standards (IFRS) adoption in terms of the investor perception of earnings quality in the Korean stock market. Building on evidence from Ecker et al. (2006) suggesting that return-based earnings quality (E-loading), as captured by the sensitivity of stock returns to accounting information risk, accurately represents investor perceptions of earnings information risk, the authors examine whether E-loading is different between the pre- and post-IFRS adoption periods. Using KSE-listed firms from 2006 to 2014, the authors find the evidence that the extent of stock return sensitivity to information risk embedded in financial statements is greater in the period of post-IFRS adoption than in the period of pre-IFRS adoption. This finding indicates that even though accounting-based earnings quality improves after the adoption of IFRS, investors perceive earnings information after the adoption of IFRS as riskier than before. In addition, the difference in investor perception is more pronounced for firms with low accruals quality as captured by discretionary accruals, indicating that the effect of IFRS adoption on return-based earnings quality is distinctive from that on accounting-based earnings quality. The paper contributes to the literature on IFRS by exploring the effect of IFRS adoption through a new perspective on earnings quality in capital market.

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Aarab, Haala, Sanjay Bissessur, and Ralph ter Hoeven. "Percepties van opstellers van de jaarrekening op de kosten en baten van IFRS 15: Revenue From Contracts With Customers." Maandblad Voor Accountancy en Bedrijfseconomie 89, no. 1/2 (January 22, 2015): 18–27. http://dx.doi.org/10.5117/mab.89.31237.

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De nieuwe standaard voor omzetverantwoording, IFRS 15: Revenue from contracts with customers, is op 28 mei 2014 verschenen. IFRS 15 heeft als doel de regelgeving voor het verantwoorden van omzet te verduidelijken en een universeel model te creëren om verschillende soorten transacties in verscheidene industrieën op vergelijkbare wijze te verwerken in de jaarrekening. In dit artikel wordt de conceptuele fundering van IFRS 15 besproken. IFRS 15 resulteert in een verschuiving van de winst-en-verliesrekeningbenadering van verslaggeving naar een balansbenadering. De regelgever meent dat hiermee de informatiewaarde van de jaarrekening wordt verhoogd. Vervolgens wordt door middel van empirisch onderzoek de percepties van opstellers van de jaarrekening op de mogelijke kosten en baten van het nieuwe model geanalyseerd. Een analyse van de comment letters op de Revised Exposure Draft Revenue from contracts with customers (IASB, 2011) toont aan dat opstellers van de jaarrekening menen dat de kosten die gemaakt moeten worden voor de uitgebreide informatievoorziening onder IFRS 15 de baten overstijgen. Ze geven aan zich het meest zorgen te maken over de grote toename van de verplichte informatieverschaffing, de ontoereikendheid van bestaande informatiesystemen om deze informatie te verschaffen en de retrospectieve toepassing van IFRS 15.

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Boujelben, Saoussen, and Sameh Kobbi-Fakhfakh. "Compliance with IFRS 15 mandatory disclosures: an exploratory study in telecom and construction sectors." Journal of Financial Reporting and Accounting 18, no. 4 (July 22, 2020): 707–28. http://dx.doi.org/10.1108/jfra-10-2019-0137.

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Purpose The purpose of this study is to explore the degree of compliance of a sample of European Union (EU) listed groups with the International Financial Reporting Standard 15 (IFRS 15) mandatory disclosures in two specific sectors, namely, telecommunication and construction. Design/methodology/approach To carry out this research, the authors selected 22 annual reports for the year 2018. The authors created and completed a datasheet based on a close review of the IFRS 15 disclosure requirements. A content analysis of the selected annual reports was then performed. Findings The results show that the sampled groups do not fully comply with the IFRS 15 mandatory disclosures and the degree of compliance differs between the two investigated sectors. Originality/value To the best of the authors’ knowledge, this study explores, for the first-time, the degree of compliance with the IFRS 15 mandatory disclosures, by focusing on a cross-country sample of EU listed groups.

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Melo, Emanuelle Cristine de, Rodolfo Vieira Nunes, and George André Willrich Sales. "Impacto da implementação do IFRS 15 em companhia do setor elétrico brasileiro." CAFI - Contabilidade, Atuária, Finanças & Informação 3, no. 2 (July 1, 2020): 223–38. http://dx.doi.org/10.23925/cafi.v3i2.46905.

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A contabilidade no Brasil vem passando nas últimas décadas por diversas mudanças e transformações com a adoção das normas internacionais de contabilidade (IFRS), uma das principais alterações propostas está diretamente relacionada ao reconhecimento das receitas (IFRS 15) por parte das organizações. Neste contexto, o presente artigo tem por objetivo cerne apresentar os principais impactos da implementação do IFRS 15 no setor elétrico brasileiro. Para isso foram selecionadas três empresas do setor com demonstrações contábeis publicamente disponíveis no site das companhias no ano de 2017, de modo que se trata de uma pesquisa documental, de caráter descritivo, com uma abordagem qualitativa. Os resultados evidenciam que não houve grandes impactos materiais divulgados nas demonstrações financeiras e que será necessária uma avaliação mais aprofundada considerando as exigências da norma serão apresentadas nos próximos anos.

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Vaicekauskas, Darius. "First time adoption of IFRS 15 “Revenue from contracts with customers“: the case of Lithuanian listed companies." Buhalterinės apskaitos teorija ir praktika 21 (March 26, 2020): 2. http://dx.doi.org/10.15388/batp.2020.17.

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Revenue accounting is one of the most important areas of financial accounting. Revenue is one of the key absolute financial ratios that reflects the economic benefits generated by entities that result in increased shareholders‘ equity. This article investigates the first time adoption of new IFRS 15 “Revenue from contracts with customers“ which in International financial reporting standards (hereinafter – IFRS) system is mandatory to apply starting from 1 January 2018. The new IFRS 15 supersedes the previous international accounting standards regulating revenue recognition and introduces a conceptual 5-step revenue recognition model. The purpose of this article is to evaluate the impact of the first-time adoption of IFRS 15 “Revenue from contracts with customers“ on the financial statements of Lithuanian listed companies. This purpose is achieved while using the following research methods: analysis of International financial reporting standards (IFRS) and scientific literature, as well as analysis of the content of financial statements. An empirical study revealed that the first-time adoption of IFRS 15 had no material impact on the financial statements of Lithuanian listed companies. Most of the companies surveyed applied the standard using a simplified retrospective modified method and did not pay much attention to the disclosure of first-time adoption. For those affected by the standard, the effect was mostly notable in the following areas: reclassifications of commissions and brokerage fees, changes in revenue recognition principles from the revenue recognition over a time to revenue recognition at specific point in time and vice versa.

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Gluzová, Tereza. "Consolidation Exemptions under IFRS." Procedia Economics and Finance 25 (2015): 32–40. http://dx.doi.org/10.1016/s2212-5671(15)00710-8.

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Usurelu, Valentin Ioan, and Adriana Dutescu. "IFRS 15 – the seventh wave of Norwalk Agreement’s convergence Roadmap." Proceedings of the International Conference on Business Excellence 12, no. 1 (May 1, 2018): 992–1001. http://dx.doi.org/10.2478/picbe-2018-0089.

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Abstract Successful accounting convergence Program was outlined in September 2002 when Norwalk Agreement was issued. US FASB and UK IASB agreed to develop high-quality financial reporting standards and pledged to use their best efforts for achieving fully compatible standards. Once achieved, this compatibility is maintained through future work programme’s coordination. The seventh Roadmap’s 2006-2008 objective was establishing Revenue recognition as one of the most complex convergence process’s topics. In this context, in May 2014 appeared IFRS 15 Revenues for contracts with customers. The implementation was set on or after 1 January 2018. Based upon the IFRS Foundation desideratum to advance an exclusive high-class, comprehensible, globally applicable and acknowledged set of financial script guidelines for the public benefit, based on clearly articulated principles, the present study attempts to analyse the role and the place of IFRS 15 related not only to convergence programme’s objectives. Consistent with this approach, we find some opportunities and challenges, also research perspectives in the scope of accomplishing a better understanding of this processes.

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Mattei, Giorgia, and Niccolò Paoloni. "Understanding the Potential Impact of IFRS 15 on the Telecommunication Listed Companies, by the Disclosures’ Study." International Journal of Business and Management 14, no. 1 (December 23, 2018): 169. http://dx.doi.org/10.5539/ijbm.v14n1p169.

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IFRS 15 “revenues from contracts with clients”, became mandatory for the IFRS compliance companies as from the 1st January 2018. From different studies, appear that the telecommunications companies represent the major industry impacted from the adoption of the new standard. In the present study were selected the Telecommunications companies listed in the Italian and Spanish market. The methodology used to carry out this research is the content analysis, using the paradigm of the stakeholder theory. From the findings of the research, it is possible to hypothesize that exist a direct correlation between the potential impact of IFRS 15 and the quantity and quality of information provided in the annual report elaborated for the two years prior to adopting the new standard. This result could also be used to understand the listed Telecommunications companies managers’ capabilities. In fact, it is renowned that the best managers could be retained to give more importance to stakeholders by supplying more information about the adoption of standard IFRS 15.

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Gierusz, Jerzy. "Revenue recognition and measurement in accordance with IFRS 15 and the Polish GAAP – a comparison." Zeszyty Teoretyczne Rachunkowości 45, no. 3 (September 12, 2021): 93–106. http://dx.doi.org/10.5604/01.3001.0015.2346.

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Purpose: The aim of this article is to assess the scale of differences between IFRS 15 and Polish GAAP in terms of revenue recognition. Methodology/approach: The methods used include studies of professional articles and legal acts, including the Polish Accounting Act, Polish Accounting Standards and relevant IAS/IFRS. Findings: The research has proven that Polish regulations can be categorised into two seg-ments. The first segment is KSR 15, which, compared to IFRS 15, contains very similar regulations regarding the general criteria for revenue recognition, including time point and measurement basis. The second segment comprises the Polish Accounting Act and KSR 3, which are based on international standards which are already superseded – IAS 11 and IAS 18, which dealt with revenue recognition over time. Practical implications: The article points out the differences between Polish and interna-tional regulation in terms of revenue recognition, which may play an important role for entities changing the basis for preparing their financial statements from Polish GAAP to IFRS. Originality: The article is the first attempt to compare the scale of similarities between the two sets of regulations in terms of revenue measurement and recognition

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van Duuren, Roy, and Ralph ter Hoeven. "Kwaliteit toelichting omzet in jaarrekening van Europese bouwondernemingen." Maandblad Voor Accountancy en Bedrijfseconomie 94, no. 11/12 (December 15, 2020): 495–507. http://dx.doi.org/10.5117/mab.94.58837.

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In dit artikel wordt de toepassing van IFRS 15 Revenue from Contract with Customers onderzocht voor een populatie van bouwondernemingen en projectontwikkelaars over de boekjaren 2018 en 2019. Het onderzoek richt zich op de informatiewaarde van de aan IFRS 15 gerelateerde toelichtingen en beoogt eventuele leereffecten te onderkennen in het tweede jaar van toepassing van IFRS 15. Om die reden zijn zowel de boekjaren 2018 als 2019 onderzocht. De uitkomsten laten zien dat er beperkte leereffecten te onderkennen zijn en dat de kwaliteit van toelichtingen sterk varieert in de door ons onderzochte doelgroep. Op basis van best practices worden aanbevelingen geformuleerd ter verhoging van de kwaliteit.

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Arham, Amardianto, Doni Habibur Rahman, and Firdiyawan Lisdiyanto. "Pemetaan Penelitian Terkait Implementasi IFRS 15 Tentang Pendapatan dari Kontrak dengan Pelanggan." Keberlanjutan : Jurnal Manajemen dan Jurnal Akuntansi 5, no. 1 (July 6, 2020): 78. http://dx.doi.org/10.32493/keberlanjutan.v5i1.y2020.p78-90.

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This study aims to map various research results of standard implementation about Revenue from Contracts with Customers (PSAK 72 in Indonesia and IFRS 15 in other countries) in order to find out the focus of research in terms of location of research object, research topics (perceptions, impacts, and problems), and position ( pros / cons) toward this standard. This study uses a qualitative method with a bibliographic approach. The objects used in this study are 22 research articles about implementation of PSAK 72 (IFRS 15). The results of mapping analysis show that the most discussed research topic is the impact. The focus of research that uses the topic of impact and perception is the preparers of financial statements. Meanwhile, research that uses the topic of problem has provided perspective from two sides (the preparers and the users of financial statements). The results of mapping analysis show that majority of the position of the research object toward the implementation of IFRS 15 is still unclear because it shows that the position is on two sides, the pros and cons.

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Al-Shatnawi, Hasan. "The Possibility of the Jordanian Industrial Corporations to Apply the IFRS No. 15." Asian Journal of Finance & Accounting 9, no. 1 (June 12, 2017): 375. http://dx.doi.org/10.5296/ajfa.v9i1.11212.

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The goal of this study is to explore the possibility for the Jordanian industrial corporations to apply the International Financial Reporting Standers (IFRS) No. 15 from the point of view of the financial reporting preparers. To achieve the objectives of the study, a questionnaire was designed and distributed to a sample consisting of 84 individuals. Descriptive statistics were used to describe the study sample such as the frequencies, arithmetic mean, and standard deviation. In addition, the one-sample t-test was employed to test the study hypotheses at the 0.05 level of significance. This study showed that it is possible for the Jordanian industrial corporations to commit to the requirements for revenue recognition and the accounting measurement. As well as it is not possible commit to the requirements for the accounting disclosure of the revenues according to the IFRS 15. Furthermore, this study recommended to encouraging the corporations to commit to the requirements for revenue disclosure according to the IFRS 15 in such a way as to reinforce/foster trust of the users of the accounting information in the financial reports.

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Joos, Philip P. M., and Edith Leung. "Investor Perceptions of Potential IFRS Adoption in the United States." Accounting Review 88, no. 2 (October 1, 2012): 577–609. http://dx.doi.org/10.2308/accr-50338.

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ABSTRACT This paper examines the stock market reaction to 15 events relating to IFRS adoption in the United States. The goal is to assess whether investors perceive the switch to IFRS as beneficial or costly. Our findings suggest that investors' reaction to IFRS adoption is more positive in cases where IFRS is expected to lead to convergence benefits. Our results also indicate a less positive market reaction for firms with higher litigation risk, which is consistent with investors' concerns about greater discretion and less implementation guidance under IFRS for these firms. Overall, the findings are relevant to the current debate on IFRS adoption in the U.S. and highlight the importance of convergence to investors. Data Availability: All data are publicly available from the sources indicated in the paper (see Appendices A and B).

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Al-Tamimi, Layth Ali Hammadi, Abbas Alwan Sharif, and Murtadha Mohammed Shani. "Recognition Of Revenue In Mobile Phone Companies Under IFRS 15." Restaurant Business 118, no. 10 (October 18, 2019): 181–96. http://dx.doi.org/10.26643/rb.v118i10.9316.

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The aim of this research is to find out the adequacy and appropriateness of revenue recognition procedures in mobile phone companies and to know how well they comply with international financial reporting standards. The most important conclusion reached by the researcher is the lack of experience and know-how in the accounting and administrative staff working in most mobile phone companies. The most important recommendations of the research are the need to provide an efficient accounting and administrative staff with sufficient experience and know-how in the methods of recognizing revenues generated by mobile phone companies.

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Zeghal, Daniel, Sonda M. Chtourou, and Yosra M. Fourati. "The Effect of Mandatory Adoption of IFRS on Earnings Quality: Evidence from the European Union." Journal of International Accounting Research 11, no. 2 (January 1, 2012): 1–25. http://dx.doi.org/10.2308/jiar-10221.

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ABSTRACT This paper addresses the question whether the mandatory adoption of International Financial Reporting Standards (IFRS) is associated with higher accounting quality. More specifically, we investigate whether the application of IFRS in 15 European Union (EU) countries is associated with less earnings management and higher timeliness, conditional conservatism, and value relevance of accounting numbers. Our results suggest that there has been some improvement in accounting quality between the pre- and post-IFRS adoption periods. In particular, we find that firms exhibit an increase in the accounting-based attributes, but a decrease in the market-based after the adoption of IFRS in 2005. Interestingly, the findings are more pronounced for the firms in countries where the distance between the pre-existing national GAAP and IFRS is important. Furthermore, we are unable to identify any change within firms that have converged their local GAAP toward IFRS before the mandatory transition.

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Khamis, Amr M. "Perception of Preparers and Auditors on New Revenue Recognition Standard (IFRS 15): Evidence From Egypt." Jurnal Dinamika Akuntansi dan Bisnis 3, no. 2 (October 29, 2016): 1–18. http://dx.doi.org/10.24815/jdab.v3i2.5383.

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In May 2014, the International Accounting Standards Board (IASB) and the Financial Accounting Standards Board (FASB) issued long-awaited converged standard on revenue recognition, IFRS 15 and ASU 2014-09 (Topic 606) Revenue from Contracts with Customers, that sets out the principles for when revenue should be recognized and how it should be measured, together with related disclosures and will replace the all current revenue standards in IFRS and US.GAAP. Although the actual implementation is still in the future, now is the time for all preparers, auditors and users of financial statement to understanding of the new recognition and disclosure requirements and prepare to implement them, because the new provisions of IFRS 15 will impact in all entities in all industries, but the extent of the impact can vary significantly. This paper test the perception of Egyptian preparers and auditors on IFRS 15, we focus on the level of familiarity, standard clarity and ease of application across different business sectors in Egypt. The final sample of the study consisted of 31 auditors and 34 preparers (which consist of chief accountants, account executives and etc.), a majority of the participants (88.3%) were from local accounting firms or Listed companies operating in various business sectors. Both the auditors and preparers are experienced accountants with mean years of experience of 7.6 and 8.56 years respectively. We find that generally Egyptian accountants and auditors surveyed are still not ready to adopt and did not have sufficient knowledge about IFRS15, as well as, they afraid of the new revenue recognition requirement (which increased discretion and professional judgment in revenue recognition) and its potential impact on different industries.

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Al- Mashhadani, Bushra N. Abdullah, and Mohammad Ibrahim Mohammad. "تأثير تبني IFRS 15 في إجراءات التدقيق المعتمدة من مراقبي الحسابات في البيئة العراقية." Journal of Economics and Administrative Sciences 27, no. 126 (February 28, 2021): 592–609. http://dx.doi.org/10.33095/jeas.v27i126.2127.

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يهدف معيار الابلاغ المالي الدولي (IFRS 15) إلى تحديد الأسس الواجبة للإبلاغ عن معلومات مفيدة لمستخدمي التقارير المالية عن طبيعة ومقدار وتوقيت وعدم التأكد بشان الإيرادات والتدفقات النقدية الناشئة عن عقد مع الزبون , وهو يستند "أي المعيار" إلى شروط محددة للإعتراف بالإيرادات من العقد وذلك عندما يقوم طرفي العقد أو أحدهما بتلبية إلتزامات الأداء وتحديداً بعد أن يكون للزبون القدرة على ممارسة السيطرة على المنتج أو الخدمة موضوع العقد . ونتيجة لقصور متطلبات الابلاغ عن الإيرادات في البيئة العراقية عن توفير معلومات ملائمة وممثلة بصدق عن نتيجة النشاط والمركز المالي نتيجةً لقصور النظام المحاسبي الموحد في توفير آلية مناسبة للقياس والاعتراف والافصاح عن الإيراد مقارنةً بمتطلبات معيار الإبلاغ المالي الدولي (IFRS 15) ، وبالتالي قصور برنامج ودليل التدقيق الصادر عن ديوان الرقابة المالية الاتحادي الذي كان محدود بإجراءاته المقتصرة على نوع معين من النشاط ، فضلاً عن عدم وجود برامج تدقيق معتمدة من قبل شركات التدقيق المحلية ومراقبي الحسابات في المكاتب الخاصة ، فأن الأمر يستوجب بيان أهمية تبني معيار الإبلاغ المالي الدولي (IFRS 15) وتأثير ذلك في اجراءات التدقيق التي يجب أن يعتمدها مراقبي الحسابات عند تدقيق الايرادات ، واستند الباحثان إلى أراء عينة من الاكاديميين والمهنيين في هذا المجال من خلال تصميم استبيان ركز على أهمية تبني المعيار أعلاه وبيان تأثير التبني في إجراءات تدقيق الايرادات في البيئة العراقية مستنداً إلى فرضيتن مفادهما : الفرضية 1: توجد فروقات ذات دلالة معنوي بشأن أهمية تبني معيار الابلاغ المالي الدولي (IFRS 15). الفرضية 2: توجد فروقات ذات دلالة معنوي بشأن تأثير تبني معيار (IFRS 15) في إجراءات تدقيق الايرادات في البيئة العراقية. وقد تمثلت عينة البحث (بالاكاديميين) أعضاء الهيئة التدريسية في الجامعات العراقية المتمثلة بأساتذة أقسام المحاسبة فيها ، وكذلك مراقبي الحسابات (المهنيين) العاملين في مكاتب وشركات التدقيق الخاصة ، فضلاً عن مراقبي الحسابات العاملين في ديوان الرقابة المالية الاتحادي ، كون أن هولاء لديهم القدرة على قراءة وفهم الإرشادات الواردة في معايير الإبلاغ المالي الدولية الجديدة ، ومنها معيار الإبلاغ المالي الدولي (15) "الاعتراف بالإيراد من العقود مع الزبائن. وأبرز ما توصل اليه البحث هو ضرورة تبني المعيار أعلاه لما له من اهمية في تقديم معلومات مفيدة لمستخدمي التقارير المالية عن طبيعة ومقدار وتوقيت وعدم التأكد بشان الإيرادات والتدفقات النقدية الناشئة عن عقد مع الزبون ، وبالتالي معالجة القصور في النظام المحاسبي الموحد في هذا السياق , فضلا عن القصور في القاعدة المحاسبية المحلية 1 , ولما لذلك من تأثير في اجراءات تدقيق الايرادات المعتمدة في دليل الرقيب المالي المعتمد من ديوان الرقابة المالية الاتحادي وكذلك اجراءات تدقيق الايرادات المعتمدة من مكاتب وشركات التدقيق في البيئة العراقية

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Spasić, Dejan, and Aleksandra Arsenijević. "Some challenges in recognition of revenues in accordance with IFRS 15." Ekonomski pogledi 19, no. 2 (2017): 53–68. http://dx.doi.org/10.5937/ekopog1701053s.

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Wahyuni, Ersa Tri. "The Accountant Perceptions of The IFRS Convergence Plan In Indonesia." Jurnal Reviu Akuntansi dan Keuangan 1, no. 2 (October 12, 2011): 85. http://dx.doi.org/10.22219/jrak.v1i2.510.

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The Indonesian Institute of Accountants (Ikatan Akuntan Indonesia or IAI), on 23 December 2008, announced that the convergence of local standard to the international accounting standard (IFRS) should be completed by 2012. Indonesia as one of member of the Group of Twenty (G-20) should strive to achieve IFRS compliance as it is one of G-20 goal and commitment in enhancing economic cooperation around the world. This study aims to examine Indonesian accountant perceptions regarding IFRS convergence in 2012. This study is based on a survey which focuses on accountant perceptions in Indonesia. The total population in this study was 275 accountants and auditors who attended the four accounting events in Jakarta held by IAI and IAPI. There was a total sample of 143 respondents, 76 accountants from companies and 67 auditors from public accounting firms. The research revealed many interesting findings. Overall the perception toward the IFRS convergence is positive with 72% respondents has a positive perception and 6.3% respondents have strong positive perception. Language issue in understanding PSAK (a translation from IFRS) is perceived as a problem more to the accountants work in companies rather than accounting firms. However both types of accountants view IFRS training to staffs as an important issue for IFRS implementation in Indonesia. With regard to the advantages of IFRS implementation in Indonesia, the foreign-affiliated institutions voiced higher agreement that IFRS will result in greater comparability of financial performance. They are also confident that Indonesia is ready for IFRS convergence by 2012 in contrast with non-affiliated institutions. And lastly accountants with 0-5 years experience group expressed greater concerns towards Indonesia’s readiness for IFRS implementation as compared to accountants with more than 15 years experience. However overall perception shows that accounting professionals surveyed has positive perceptions towards IFRS convergence in Indonesia Keywords: IFRS Convergence, Implementation, Accountants perception

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Han, Ji Myung, and Jinbae Kim. "A Disclosure Case Study and Corporate Tax Law Analysis in Adopting IFRS 15." Korean Accounting Journal 27, no. 6 (December 31, 2018): 361–99. http://dx.doi.org/10.24056/kaj.2018.11.002.

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BAYRAMOĞLU, Vedat ACAR Gökberk. "MÜŞTERİ SADAKAT PROGRAMLARI KAPSAMINDA IFRS 15 MÜŞTERİ SÖZLEŞMELERİNDEN HASILAT STANDARDININ DEĞERLENDİRİLMESİ." International Journal of Business Economics and Management Perspectives 1, no. 1 (2020): 125–35. http://dx.doi.org/10.29228/ijbemp.42077.

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Lim, Yingzhee, Susela S. Devi, and Nurmazilah Mahzan. "Perception of Auditors and Preparers on IFRS 15: Evidence from Malaysia." Advanced Science Letters 21, no. 6 (June 1, 2015): 1781–85. http://dx.doi.org/10.1166/asl.2015.6212.

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Bates, Homer L., Bobby E. Waldrup, and Vincent Shea. "The Effect Of International Financial Reporting Standards Convergence On U. S. Accounting Curriculum." American Journal of Business Education (AJBE) 4, no. 7 (June 22, 2011): 39–42. http://dx.doi.org/10.19030/ajbe.v4i7.4673.

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Major changes are coming to U.S. financial accounting and accounting education as U. S. generally accepted accounting principles (GAAP) and international financial reporting standards (IFRS) converge within the next few years. In 2008, the U.S. Securities and Exchange Commission (SEC) published a proposed road map for the potential convergence of U. S. companies to IFRS beginning with large filers for fiscal years ending on or after December 15, 2014. On February 24, 2010, the SEC issued a new timeline which would require IFRS for U.S. reporting in 2015 or 2016 at the earliest (Derstine and Bremser, 2010). Obviously, this change to IFRS requires an adjustment in U. S. accounting education. The primary purpose of this paper is to examine the current state of accounting curricula and IFRS. An examination was made of both required and elective international accounting courses offered to students in the top 20 undergraduate, graduate and doctoral programs. These programs were identified by the Public Accounting Report in its October 31, 2009 issue. It was conjectured that the top programs would take the lead in IFRS education. The universities online websites and catalogues were examined for program requirements and course titles. The results show a paucity of accounting coursework related to international accounting and IFRS.

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العاني, صفاء احمد, and علاء جميل مكط. "تأثير تطبيق معيار الإبلاغ المالي الدولي IFRS 15 " الإيرادات من العقود مع الزبائن " على جودة الإبلاغ المالي." Journal of Economics and Administrative Sciences 25, no. 113 (August 1, 2019): 575–94. http://dx.doi.org/10.33095/jeas.v25i113.1714.

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تهدف هذا الدراسة إلى التعرف على تأثير تطبيق معيار الإبلاغ المالي الدولي IFRS 15 " الإيرادات من العقود مع الزبائن على جودة الإبلاغ المالي , وذلك من خلال التطبيق على أعضاء الهيئة التدريسية في أقسام المحاسبة بالجامعات العراقية ومراقبي الحسابات , وقد تمثلت مشكلة الدراسة في تعدد القواعد والمعايير المحاسبية التي تعالج القضايا الايرادية , فضلاً عن عدم اتساق معظمها مع الاطار الفكري المشترك للمحاسبة المالية , الأمر الذي ينتج عنه انخفاض مستوى جودة الإبلاغ المالي في القوائم المالية الحالية , حيث تم صياغة فرضية واحدة تمثلت بعدم وجود علاقة ذات دلالة معنوية بين تطبيق معيار الإبلاغ المالي الدولي (IFRS 15) "الاعتراف بالإيراد من العقود مع الزبائن" وبين جودة الإبلاغ المالي , ولتحقيق هدف الدراسة تم تصميم استمارة استبيان شملت 423 مفردة من عينة الدراسة المكونة من أعضاء هيئة التدريس بأقسام المحاسبة بالجامعات العراقية (الأكاديميين) ومراقبي الحسابات (المهنيين) , تم اختيار طريقة كمية بأستعمال المدخل الاستنتاجي في هذه الدراسة , وتم استخدام البرنامج الإحصائي SPSS لإدخال البيانات الأولية إذ بلغ عدد الاستمارات الصحيحة التي تم إدخالها للبرنامج بلغ (361) ( 206 اكاديمي , 155 مهني ) بنسبة 85.5% من إجمالي حجم العينة , وقد توصلت الدراسة إلى مجموعة من الاستنتاجات أهمها وجود تأثير معنوي بين تطبيق معيار الإبلاغ المالي الدوالي (IFRS 15) على جودة الإبلاغ المالي, واختتمت الدراسة بمجموعة من التوصيات كان ابرزها الاهتمام بتطبيق معايير الإبلاغ المالي الدولي وضرورة تهيئة بيئة العمل في الوحدات الاقتصادية العراق من اجل تطبيق المعايير .

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Mohammad, Mohammad Ibrahim, and Bushra N. Abdullah Al- Mashhadani. "دليل إرشادي مقترح لتدقيق الإيرادات في البيئة العراقية على وفق IFRS 15." Journal of Economics and Administrative Sciences 26, no. 124 (December 1, 2020): 506–28. http://dx.doi.org/10.33095/jeas.v26i124.2056.

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دفعت أوجه القصور في المعايير المحاسبية ذات الصلة بالإيرادات ومنها المعايير المحاسبية الأمريكية وكذلك معايير المحاسبة الدولية إلى إصدار معيار الإبلاغ المالي الدولي IFRS 15 "الإيراد من العقود مع الزبائن" في إطار خطة التقارب بين مجلس معايير المحاسبة المالية الأمريكيFASB ومجلس معايير المحاسبة الدولية IASB وعلى وفق متطلبات المشروع المشترك بين المجلسين ، حيث هدف المعيار إلى تحديد الأسس الواجبة للإبلاغ عن معلومات مفيدة لمستخدمي القوائم المالية عن طبيعة ومقدار وتوقيت وعدم التأكد بشان الإيرادات والتدفقات النقدية الناشئة عن عقد مع الزبون ، ويستند المعيار إلى شروط محددة للإعتراف بالإيرادات من العقد وذلك عندما يقوم طرفي العقد أو أحدهما بتلبية إلتزامات الأداء وتحديداً بعد أن يكون للزبون القدرة على ممارسة السيطرة على المنتج أو الخدمة موضوع العقد ، واستكمالاً لانعكاس تطبيق المعيار على الجانب المحاسبي يهدف البحث الحالي إلى بيان انعكاس تطبيق المعيار على اجراءات تدقيق الايرادات ومن ثم اقتراح الآلية المناسبة لفهم متطلبات المعيار والعمل على إيجاد إجراءات إضافية ومتكاملة نوعاً ما تساعد مراقبي الحسابات في تدقيق الإيرادات في البيئة العراقية على وفق متطلبات المعيار الجديد. تنبع أهمية البحث في إطار تقديم الدعم والمساندة العلمية والبحثية للجهود المبذولة من قبل الهيئات الحكومية والمهنية في العراق في تنفيذ توجهاتها الأخيرة بشأن تبني وتطبيق معايير المحاسبة والإبلاغ المالي الدوليين IAS/IFRS في العراق بحلول عام 2021 وما يتبع ذلك من مهام ملقاة على عاتق أصحاب المهنة ومن بينهم مراقبي الحسابات بشأن صياغة وتنفيذ إجراءات تدقيقية كفيلة بأن تكون كافية ومناسبة لمهمة إبداء الرأي بشأن صدق وعدالة ما تعبر عنه التقارير المالية للوحدات الاقتصادية العراقية التي سيكون لزاماً عليها تطبيق المعايير المذكورة بحلول عام 2021 , ومن بين تلك المعايير التي من الممكن أن تثير تحديات في مجال تطبيقها على المستويين المحاسبي والتدقيقي ما يخص معيار الإبلاغ المالي الدولي IFRS 15 "الإيراد من العقود مع الزبائن" وعليه تكمن أهمية البحث في إمكانية إقتراح إجراءات جديدة أو مكملة لإجراءات تدقيق الإيرادات في البيئة العراقية سواء تلك المعدة من قبل ديوان الرقابة المالية الإتحادي أو الإجراءات المصممة من قبل مراقبي الحسابات في شركات ومكاتب التدقيق العراقية .

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Saptono, Prianto Budi, and Ismail Khozen. "Tax Administration Issues on Revenue Recognition after IFRS 15 Adoption in Indonesia." Jurnal Borneo Administrator 17, no. 2 (August 31, 2021): 169–82. http://dx.doi.org/10.24258/jba.v17i2.877.

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This study aims to provide a brief and analytical reporting on IFRS 15 adoption in Indonesia into PSAK 72 related to Income Tax and Value Added Tax issues that may arise. We use literature studies to collect data and strengthen it with in-depth interviews of taxpayers, PSAK standard setter, tax consulting practicioner, and Directorate General of Taxes official. Our findings demonstrate the need for entities to consider taxation issues that may arise due to revenue recognition developments. Unconformity that may arise between accounting and tax requires the entity to explain these differences by documenting them early. Taxpayers need to underline the burden of compliance arising from the IFRS 15 adoption, which is the compliance costs in the form of mark-to-market and realization taxation. In implementing PSAK 72 to align with the realization principle in the Income Tax Law, the taxpayer compliance cost will increase by making detailed fiscal reconciliations. From the VAT perspective, the Tax Paying Entrepreneurs need to make contract adjustments with the counterparty to ensure that the time of supply is the basis for determining the VAT payable. This research presents the gap between accounting and taxation so that it can be a lesson for application in other countries.

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Istrate, Costel. "On the Translation in Romanian of IAS/IFRS." Procedia Economics and Finance 20 (2015): 308–15. http://dx.doi.org/10.1016/s2212-5671(15)00078-7.

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FARCANE, Nicoleta, Rodica Gabriela BLIDISEL, Ovidiu Constantin BUNGET, and Alin DUMITRESCU. "Perceptions Regarding the Impact of IFRS 15 - Illustrative Examples Step by Step." Audit Financiar 17, no. 154 (May 2019): 283–97. http://dx.doi.org/10.20869/auditf/2019/154/011.

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Plotnikov, V. S., and O. V. Plotnikova. "Accounting of IFRS 15 Revenue from Contracts with Customers: A methodological aspect." International Accounting 21, no. 12 (December 14, 2018): 1358–72. http://dx.doi.org/10.24891/ia.21.12.1358.

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Dani, Andreia Carpes, Cleston Alexandre Dos Santos, Laurindo Panucci Filho, and Roberto Carlos Klann. "Efeito da Adoção Antecipada da IFRS 15 na Qualidade da Informação Contábil." Enfoque: Reflexão Contábil 36, no. 2 (May 12, 2017): 131. http://dx.doi.org/10.4025/enfoque.v36i2.33913.

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Diversas mudanças na legislação que rege as práticas contábeis de empresas do setor de construção impulsionaram o do processo de internacionalização das informações sobre receitas de contratos de clientes na contabilidade. O Brasil tem se destacado pela adoção voluntária antecipada da norma IFRS15. Assim, o estudo tem por objetivo verificar a relação entre a qualidade da informação contábil e a adoção antecipada da IFRS 15 pelas empresas brasileiras de construção civil, listadas na BM&FBovespa. O estudo caracteriza-se como descritivo, realizado por meio de análise documental e abordagem quantitativa. A amostra é composta por 23 empresas do setor de construção. Foram analisados dados trimestrais no período de 2013 a 2015. Para a análise dos dados fez-se uso da regressão linear múltipla com dados em painel, tendo como base para medição da qualidade da informação contábil o modelo de value relevance proposto por Ohlson (1995). Os resultados da pesquisa sugerem que a adoção antecipada da IFRS15 auxilia a reduzir o viés de não comparabilidade e possíveis inconsistências que poderiam existir anteriormente, devido à adoção de diferentes critérios de contabilização das receitas derivadas dos contratos de construção. Além disso, as organizações que adotam voluntariamente a norma, na tentativa de contabilizar e reconhecer corretamente receitas de contratos de clientes, possuem maior relevância informacional, bem como atendem às expectativas do mercado. Diante disso, pode-se afirmar que a adoção antecipada de informações sobre receitas de contratos de construção apresentam relevância para o mercado de capitais, impactando no preço das ações após a publicação dos relatórios financeiros.

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Charneski, Heron. "CPC 47 (IFRS 15): Aspectos Tributários na Nova Norma Contábil sobre Receitas." Revista Direito Tributário Atual 40, no. 40 (2018): 250. http://dx.doi.org/10.46801/2595-6280-rdta-40-14.

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Aquino, Carlos Elder Maciel de, Sérgio De Iudícibus, Fernando De Almeida Santos, and Antonio Saporito. "Receita de contrato com cliente (IFRS 15 / CPC 47): aspectos contábeis do segmento de medicina diagnóstica no Brasil." Revista Contemporânea de Contabilidade 16, no. 41 (December 31, 2019): 137–61. http://dx.doi.org/10.5007/2175-8069.2019v16n41p137.

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Com a publicação da IFRS 15 - Revenue from Contracts with Customers as companhias passaram a reconhecer a receita de contrato com cliente numa base comum de princípios e orientações voltadas a determinar quando reconhecer receita e o valor que deve ser reconhecido. Este estudo verifica a aderência de empresas do segmento de medicina diagnóstica no Brasil à IFRS 15 / CPC 47. Não foram encontradas pesquisas que abordam o setor de saúde no Brasil. Esta pesquisa é caracterizada como exploratória, qualitativa e descritiva. Evidenciou-se que as empresas atendem aos requerimentos regulatórios para reconhecimento, mensuração e registro contábil, porém, não estão aderentes aos aspectos de uniformização, completude e transparência das informações divulgadas. Portanto, esta pesquisa contribui para a qualidade e padronização de registros, apresentação e divulgação contábil do ciclo de receita, permitindo avaliação de performance na gestão de recebíveis e melhor comparação entre empresas.

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Zeghal, Daniel, and Zouhour Lahmar. "The Impact of IFRS Adoption on Accounting Conservatism in the European Union." International Journal of Accounting and Financial Reporting 6, no. 1 (June 10, 2016): 127. http://dx.doi.org/10.5296/ijafr.v6i1.9581.

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Purpose –The purpose of this study is to analyze mandatory IFRS adoption’s impact on accounting conservatism. Design/methodology/approach – Our empirical study is conducted on a sample of 15 European countries, observed from the year 2000 to 2010. We analyze both conditional and unconditional conservatism, which we measured, respectively, by timely bad news recognition as compared to recognition of good news and discretionary accruals. Findings – The results of the empirical study confirm a significant reduction of accounting conservatism in the IFRS adoption period. This reduction is affected by the accounting model prevailing in a particular country. Moreover, the study shows a reduction of the gap between the two accounting models in the post-IFRS adoption period. Practical implications – The results obtained would be relevant for many decision makers such as investors, standard setters, IASB, European Union countries as well as those wishing to adopt International Standards. Originality/value – Our study complements and enriches the existent literature about the impact of the International Standards adoption. It dresses an important issue in a relatively long period to better assess the impact of IFRS.

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Conrod, Joan Davison, and Judy Cumby. "On-Line Gaming, Financial Reporting, and Audit: Chester Games Corp." Issues in Accounting Education 31, no. 4 (July 1, 2015): 431–37. http://dx.doi.org/10.2308/iace-51221.

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ABSTRACT This case examines selected financial reporting and audit issues in the context of the on-line gaming industry. Key issues are revenue recognition and asset impairment under IFRS. Revenue trends are critical for the company as it considers a public offering. The estimates inherent in recognizing revenue for virtual goods, both consumable goods and durable goods, make revenue recognition and audit of revenue especially judgmental. IAS 18 or IFRS 15 may be used as a framework to discuss revenue recognition. Judgment is also required to support impairment testing of an intangible asset and goodwill.

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Han, Jongsoo, Minsup Song, and Yibae Kim. "IFRS 15 “Revenue from Contracts with Customers : Application of Revenue Recognition over Time in Construction Contracts." Korean Accounting Journal 27, no. 5 (October 31, 2018): 261–81. http://dx.doi.org/10.24056/kaj.2018.08.002.

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Dékán Tamásné Orbán, Ildikó. "Reporting companies’ performance – in respect of the international financial reporting standards (IFRS)." Applied Studies in Agribusiness and Commerce 7, no. 4-5 (December 30, 2013): 107–12. http://dx.doi.org/10.19041/apstract/2013/4-5/15.

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The role of information became more important due to rapidly changing technical conditions, market and economic regulations in our globalizing world. Several regulations tend to provide the framework for reporting performance and income of the companies, but in different statements performance is inconsistently presented and many kind of evaluation method exist in the practice. These facts led to the demand of properly assess the financial health of an organization, and created a commonly accepted rule-system, which name was International Financial Reporting Standards (IFRS). In this paper I tend to present the statements, definitions and factors, which can have great influence in representing the performance, income of the company in the frame of the IFRS, and reveal the differences between the other accounting regulations (EU directives, Hungarian Accounting Act) in this field.

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Hasan, Mohammad Tariq, and Azhar Abdul Rahman. "The Role of Corporate Governance on the Relationship Between IFRS Adoption and Earnings Management: Evidence From Bangladesh." International Journal of Financial Research 11, no. 4 (July 8, 2020): 329. http://dx.doi.org/10.5430/ijfr.v11n4p329.

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Purpose: This study investigates the relationship between IFRS adoption and earnings management (EM) i.e. discretionary accruals (DA) and real earnings management (REM) in developing economy like Bangladesh. Moreover, the study examine the relationship between corporate governance (CG) strength and EM as well as moderating role of CG strength on the relationship between IFRS adoption and EM.Design/methodology/approach: The study employs 94 firms listed in Dhaka Stock Exchange (DSE) for 6 years i.e. 564 firm years observation, over two time period as pre (2004-06) and post (2013/14-15/16) adoption of IFRS. Underpinning theory of the study is agency theory which explained the relationship among variables. Based on earlier literature a CG index is developed to measure the strength of CG. The study uses random effect GLS with robust regression in a balanced panel data.Findings: The results show that IFRS and CGI both have significant negative relationship with EM. Moreover, it is documented that the CG strength significantly moderates the relationship between IFRS and REM. It implies that the presence of good CG may help to attain the objectives of IFRS adoptionOriginality/value: To the best of the author’s knowledge, this is one of the first empirical attempts at providing evidence about the role of CG on the relationship between IFRS adoption and EM in Bangladesh. The findings of this study can be beneficial for the member of the regulatory bodies and researchers to formulate new policy and enhance corporate governance practices in Bangladeshi companies as well as develop a better framework for all stakeholders involved in financial reporting. Future studies may also investigate the interacting effect of corporate governance strength on other related variables which may influence the level of earnings management.

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Marco, Tutino, Regoliosi Carlo, Mattei Giorgia, Paoloni Niccolò, and Pompili Marco. "Does the IFRS 15 impact earnings management? Initial evidence from Italian listed companies." African Journal of Business Management 13, no. 7 (April 14, 2019): 226–38. http://dx.doi.org/10.5897/ajbm2018.8735.

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Арутюнян, Гегине Акоповна. "УЧЕТ ФИНАНСОВОГО КОМПОНЕНТА В ДОГОВОРАХ С ПОКУПАТЕЛЯМИ СОГЛАСНО МСФО (IFRS) 15: ПРАКТИКА ПРИМЕНЕНИЯ." Innovatsionnoe razvitie ekonomiki, no. 1 (2021): 219–27. http://dx.doi.org/10.51832/2223-7984_2021_1_219.

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Jibril, Rabiu Saminu. "The Impact of International Financial Reporting Stanadard (IFRS) Adoption on Accounting Quality in Nigerian Listed Money Deposit Banks." Applied Finance and Accounting 5, no. 1 (February 15, 2019): 49. http://dx.doi.org/10.11114/afa.v5i1.4064.

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This study was aimed to empirically evaluate the impact of adoption of IFRS on accounting quality in Nigeria using the money deposit banks. The study utilized the annual reports and accounts of 15 banks listed in the Nigerian Stock Exchange for the period of 2011 to 2014 (that is two years before and two years after adoption); using liner regression analysis was employed in analyzing the data generated for the study. Based on the data analyses, the study found that large loss recognitions have increased in the post adoption period. Based on the research findings, the researcher recommends that developing nations should adopt IFRS as their financial reporting standard as it is capable of increasing their accounting quality. The researcher also recommends that research should be conducted to analyze why IFRS improves the accounting quality based on standard by standard, not the whole package.

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Els, Gideon. "Editorial." Journal of Economic and Financial Sciences 10, no. 2 (November 6, 2017): 191–93. http://dx.doi.org/10.4102/jef.v10i2.12.

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In the second part of her research, Sophia Brink again looks at the accounting treatment of credit card rewards programmes. In May 2014 the IASB and the United States Financial Accounting Standards Board (FASB), published IFRS 15

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Kishali, Yunus, Hari Sharma, and Cheryl Mitchem. "AN ANALYSIS OF IFRS FOR SMES FROM THE ACCOUNTANTS� PERSPECTIVES: EVIDENCE FROM TURKEY." Journal of International Business and Economics 15, no. 1 (March 1, 2015): 17–29. http://dx.doi.org/10.18374/jibe-15-1.2.

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Bianchi, Stefano. "Dialogue with standard setters." FINANCIAL REPORTING, no. 2 (December 2019): 141–50. http://dx.doi.org/10.3280/fr2019-002006.

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The new accounting standard IFRS 16 Leases is the result of a long process of review of the criteria for recognizing and evaluating the lease on the financial statements. The need to promote a revision of the accounting criteria on leasing has been felt by many players of the financial system. IASB, FASB, EFRAG, financial institutions, auditors and preparers have supported a debate on leasing over the years, which has underlined the im-portance of representing and assessing the operating leases in the financial statements with criteria similar to the criteria utilised for the financial leasing in order to improve the quality and comparability of the financial information. The new standard IFRS 16 Leases will be effective for annual reporting periods begin-ning on or after 1 January 2019 and it will bring significant changes in accounting require-ments for lease accounting, primarily for lessees, replacing the existing suite of standards and interpretations on leases as per follows: - IAS 17 Leases (IAS 17) - IFRIC 4 Determining whether an Arrangement contains a Lease (IFRIC 4) - SIC 15 Operating Leases - Incentives (SIC 15) - SIC 27 Evaluating the Substance of Transactions Involving the Legal Form of a Lease (SIC 27). The purpose of the following review is to analyse some of the main issues arising from the adoption of IFRS 16 Leases supported by the results of a recent effect analysis.

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Journal articles on the topic 'IFRS 15'

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