The Impact of Different Accounting Reporting Methods on the Informativeness of Research and Development Costs: IFRS Compared to U.S. GAAP

被引：4

作者：

Dugan, Michael T. ^{[1
]}

McEldowney, John E. ^{[2
]}

Turner, Elizabeth H. ^{[3
]}

Wheatley, Clark M. ^{[4
]}

机构：

[1] Augusta Univ, Knox Sch Accountancy, Augusta, GA 30912 USA

[2] Univ North Florida, Dept Accounting & Finance, Jacksonville, FL USA

[3] Univ Texas Rio Grande Valley, Dept Accounting, Brownsville, TX USA

[4] Florida Int Univ, Sch Accounting, Miami, FL 33199 USA

来源：

REVIEW OF PACIFIC BASIN FINANCIAL MARKETS AND POLICIES | 2016年 / 19卷 / 04期

关键词：

Accounting quality; research & development; IFRS; U.S; GAAP;

D O I：

10.1142/S0219091516500259

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

In this paper, we examine the information content and value relevance of research and development (R&D) costs before and after the SEC eliminated the 20-F reconciliation to U.S. GAAP for Foreign Public Issuers (FPIs). Prior to the elimination both FPIs and U.S. firms experienced an increase in the indirect effect of R&D on operating income. After the requirement was eliminated, the direct effect increased for FPIs and the indirect effect decreased. This is in contrast to U.S. firms who experienced a continued increase in the indirect effect. This shift indicates there was a loss of informativeness in the R&D disclosures for FPIs.

引用

页数：36

共 18 条

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