37066

Isabel Maria Estima Costa Lourenço
Manuel Emílio Mota de Almeida Delgado Castelo Branco

Revista Contabilidade & Finanças

Este estudo caracteriza os resultados da pesquisa científica sobre o efeito da adoção das Normas Internacionais de Contabilidade (International Financial Reporting Standards - IFRS) que foram publicados nas mais prestigiadas revistas científicas da área de contabilidade em nível internacional e identifica pistas de investigação futura. Com base na análise de um conjunto de 67 artigos publicados nas revistas de contabilidade que integram o Social Sciences Citation Index (SSCI), publicados entre 2000 e 2013, conclui-se que, regra geral, a adoção das IFRS apresenta um efeito positivo na qualidade da informação, no mercado de capitais, na capacidade de previsão dos analistas, na comparabilidade e no uso da informação. Contudo, esse efeito depende de alguns fatores, como as características dos países (nomeadamente, do nível de enforcement) e as características das empresas. A partilha de regras não é, por si só, suficiente para criar uma linguagem de negócios comum, desempenhando os incentivos da gestão e os fatores institucionais um importante papel no enquadramento das características do relato financeiro. Por fim, identificam-se algumas lacunas na literatura e apresentam-se pistas de investigação futura.

consequências econômicas, IFRS, qualidade da informação, revisão de literature

LOURENÇO, I. M. E. C.; BRANCO, M. E. M. A. D. C. Principais Consequências da Adoção das IFRS: Análise da Literatura Existente e Sugestões para Investigação Futura . Revista Contabilidade & Finanças, v. 26, n. 68, p. 126-139, 2015.

Lourenço, I. M. E. C., & Branco, M. E. M. A. D. C. (2015). Principais Consequências da Adoção das IFRS: Análise da Literatura Existente e Sugestões para Investigação Futura . Revista Contabilidade & Finanças, 26(68), 126-139.

10.1590/1808-057x201500090

https://www.spell.org.br/documentos/ver/37066/principais-consequencias-da-adocao-das-ifrs--analise-da-literatura-existente-e-sugestoes-para-investigacao-futura-/i/pt-br

Artigo

Português

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Armstrong, C. S.; Barth, M. E.; Jagolinzer, A. D.; Riedl, E. J. (2010). Market reaction to the adoption of IFRS in Europe. The Accounting Review, 85(1), 31-61.

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Barth, M. E.; Landsman, W. R.; Lang, M.; Williams, C. (2012). Are IFRSbased and US GAAP based accounting amounts comparable? Journal of Accounting and Economics, 54(1), 68-93.

Bissessur, S.; Hodgson, A. (2012). Stock market synchronicity: an alternative approach to assessing the information impact of Australian IFRS. Accounting and Finance, v. 52, p. 187-212.

Bonner, S. E.; Hesford, J. W.; Van der Stede, W. A.; Young, S. M. (2006). The most influential journals in academic accounting. Accounting, Organizations and Society, 31(7), 663-685.

Brochet, F.; Jagolinzer, A.; Riedl, E. (2013). Mandatory IFRS adoption and financial statement comparability. Contemporary Accounting Research, 30(4), 1374-1400.

Brown. P. (2011). International Financial Reporting Standards: what are the benefits? Accounting and Business Research, 41(3), 269-285.

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Brüggemann, U.; Hitz, J. M.; Sellhorn, T. (2013). Intended and unintended consequences of mandatory IFRS adoption: a review of extant evidence and suggestions for future research. European Accounting Review, 22(1), 1-37.

Byard, D.; Li, Y.; Yu, Y. (2011). The effect of mandatory IFRS adoption on financial analysts’ information environment. Journal of Accounting Research, 49(1), 69-96.

Calixto, L. (2010). Análise das pesquisas com foco nos impactos da adoção do IFRS em países europeus. Contabilidade Vista & Revista, v. 21, p. 157187.

Chalmers, K.; Clinch, G.; Godfrey, J. M. (2008). Adoption of International Financial Reporting Standards: impact on the value relevance of intangible assets. Australian Accounting Review, 18(3), 237-247.

Chalmers, K.; Clinch, G.; Godfrey, J. M.; Wei, Z. (2012). Intangible assets, IFRS and analysts’ earnings forecasts. Accounting and Finance, v. 52, p. 691-721.

Chan, K. C.; Liano, K. (2009). Threshold citation analysis of influential articles, journals, institutions and researchers in accounting. Accounting & Finance, v. 49, p. 59-74.

Chen, C.; Young, D.; Zhuang, Z. (2013). Externalities of mandatory IFRS adoption: evidence from cross-border spillover effects of financial information on investment efficiency. The Accounting Review, 88(3), 881-914.

Chen, H.; Tang, Q.; Jiang, Y.; Lin, Z. (2010). The role of International Financial Reporting Standards in accounting quality: evidence from the European Union. Journal of International Financial Management and Accounting, v. 21, p. 220-278.

Choi, Y.; Peasnell, K.; Toniato, J. (2013). Has the IASB been successful in making accounting earnings more useful for prediction and valuation?UK evidence. Journal of Business Finance and Accounting, 40(7), 741-768.

Christensen, H. B. (2012). Why do firms rarely adopt IFRS voluntarily?Academics find significant benefits and the cost appear to be low. Review of Accounting Studies, 17(3), 518-525.

Christensen, H. B.; Lee, E.; Walker, M. (2009). Do IFRS reconciliations convey information? The effect of debt contracting. Journal of Accounting Research, v. 47, p. 1167-1199.

Christensen, H.; Hail, L.; Leuz, C. (2013). Mandatory IFRS reporting and changes in enforcement. Journal of Accounting and Economics, v. 56, p. 147-177.

Clacher, I.; Ricquebourg, A. D.; Hodgson, A. (2013). The value relevance of direct cash flows under International Financial Reporting Standards. Abacus, 49(3), 367-395.

Cotter, J.; Tarca, A.; Wee, M. (2012). IFRS adoption and analyst’s earnings forecasts: Australian evidence. Accounting and Finance, v. 52, p. 395-419.

Covrig, V.; DeFond, M.; Hung, M. (2007). Home bias, foreign mutual fund holdings, and the voluntary adoption of International Accounting Standards. Journal of Accounting Research, 45(1), 41-70.

Daske, H. (2006). Economic benefits of adopting IFRS or US-GAAP: have the expected cost of equity capital really decreased? Journal of Business Finance and Accounting, 33(3/4), 329-373.

Daske, H.; Gebhardt, G. (2006). International Financial Reporting Standards and experts’ perceptions of disclosure quality. Abacus, 42(34), 461-98.

Daske, H.; Hail, L.; Leuz, C.; Verdi, R. (2013). Adopting a label: heterogeneity in the economic consequences around IAS/IFRS adoptions. Journal of Accounting Research, 51, 495-547.

Daske, H.; Hail, L.; Leuz, C.; Verdi, R. S. (2008). Mandatory IFRS reporting around the world: early evidence on the economic consequences. Journal of Accounting Research, 46(5), 1085-1142.

DeFond, M.; Hu, X.; Hung, M.; Li, S. (2011). The impact of IFRS adoption on foreign mutual fund ownership: the role of comparability. Journal of Accounting and Economics, 51(3), 240-258.

De George, E. T.; Ferguson, C. B.; Spear, N. A. (2013). How much does IFRS cost? IFRS adoption and audit fees. The Accounting Review, 88(2), 429-462.

Devalle, A.; Onali, E.; Magarini, R. (2010). Assessing the value relevance of accounting data after the introduction of IFRS in Europe. Journal of International Financial Management and Accounting, v. 21, p. 85-119.

Florou, A.; Pope, P. F. (2012). Mandatory IFRS adoption and institutional investment decisions. The Accounting Review, 87(6), 1993-2025.

Frino, A.; Palumbo, R.; Capalbo, F.; Gerace, D.; Mollica, V. (2013). Information disclosure and stock liquidity: evidence from Borsa Italiana. Abacus, 49(4), 423-440.

Gebhardt, G.; Novotny-Farkas, Z. (2011). The effects of IFRS adoption on the financial reporting quality of European banks. Journal of Business Finance and Accounting, 38(3/4), 289-333.

Glaum, M.; Baetge, J.; Grothe, A.; Oberdörster, T. (2013). Introduction of International Accounting Standards, disclosure quality and accuracy of analysts’ earnings forecasts. European Accounting Review, 22(1), 79-116.

Gordon, L. A.; Loeb, M. P.; Zhu, W. (2012). The impact of IFRS adoption on foreign direct investment. Journal of Accounting and Public Policy, 31(4), 374-398.

Gray, S. J.; Linthicum, C. L.; Street, D. L. (2009). Have ‘European’ and US GAAP measures of income and equity converged under IFRS? Evidence from European companies listed in the US. Accounting and Business Research, 39(5), 431-447.

Griffin, P. A.; Lont, D. H.; Sun, Y. (2009). Governance regulatory changes, International Financial Reporting Standards adoption, and New Zealand audit and non-audit fees: empirical evidence. Accounting and Finance, v. 49, p. 697-724.

Hail, L.; Leuz, C.; Wysocki, P. (2010). Global accounting convergence and the potential adoption of IFRS by the U.S. (part I). Accounting Horizons, 24(3), 355-394.

Hail, L.; Leuz, C.; Wysocki, P. (2010). Global accounting convergence and the potential adoption of IFRS by the U.S. (part II). Accounting Horizons, 24(4), 567-588.

Hong, H. (2013). Does mandatory adoption of International Financial Reporting Standards decrease the voting Premium for dual-class shares? Accounting Review, 88(4), 1289-1325.

Horton, J.; Serafeim, G. (2010). Market reaction and valuation of IFRS reconciliation adjustments: first evidence from the UK. Review of Accounting Studies, 15(4), 725-751.

Horton, J.; Serafeim, G.; Serafeim, I. (2013). Does mandatory IFRS adoption improve the information environment? Contemporary Accounting Research, 30, 388-423.

Hung, M.; Subramanyam, K. R. (2007). Financial statement effects of adopting international accounting standards: the case of Germany. Review of Accounting Studies, 12(4), 623-657.

Jeanjean, T.; Stolowy, H. (2008). Do accounting standards matter?An exploratory analysis of earnings management before and after IFRS adoption. Journal of Accounting and Public Policy, 27(6), 480-494.

Jermakowicz, E. K.; Prather-Kinsey, J.; Wulf, I. (2007). The value relevance of accounting income reported by DAX-30 German companies. Journal of International Financial Management and Accounting, 18(3), 151-191.

Joos, P. P. M.; Leung, E. (2013). Investor perceptions of potential IFRS adoption in the United States. The Accounting Review, 88(2), 577-609.

Kabir, M. H.; Laswad. F.; Ainul Islam, M. (2010). Impact of IFRS in New Zealand on accounts and earnings quality. Australian Accounting Review, 20(4), 343-357.

Karamanou, I.; Nishiotis, G. P. (2009). Disclosure and the cost of capital: evidence from the market’s reaction to firm voluntary adoption of IAS. Journal of Business Finance and Accounting, v. 36, p. 793-821.

Kaya, D.; Pillhofer, J. A. (2013). Potential adoption of IFRS by the United States: a critical view. Accounting Horizons, 27(2), 271-299.

Khurana, I.; Michas, P. (2011). Mandatory IFRS adoption and the U.S. home bias. Accounting Horizons, 25(4), 729-753.

Kim, J. B.; Liu, X.; Zheng, L. (2012). The impact of mandatory IFRS adoption on audit fees: theory and evidence. The Accounting Review, 87(6), 2061-2094.

Kim, J.-B.; Shi, H. (2012). IFRS reporting, firm-specific information flows, and institutional environment: international evidence. Review of Accounting Studies, 17(3), 474-517.

Kim, J.-B.; Tsui, J. S. L.; Yi, C. H. (2011). The voluntary adoption of International Accounting Standards and loan contracting around the world. Review of Accounting Studies, 16(4), 779-811.

Landsman, W. R.; Maydew, E. L.; Thornock, J. R. (2012). The information content of annual earnings announcements and mandatory adoption of IFRS. Journal of Accounting and Economics, 53(1/2), 34-54.

Lara, J. M. G.; Torres, J. A. R.; Veira, P. J. V. (2008). Conservatism of earnings reported under International Accounting Standards: a comparative study. Spanish Journal of Finance and Accounting, 37(138), 197-210.

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Leuz, C. (2010). Different approaches to corporate reporting regulation: how jurisdictions differ and why. Accounting and Business Research, 40(3), 229-256.

Ling-Ching, A.; Hsu, A.; Lee, E. (2013). Does mandatory IFRS adoption affect the credit ratings of foreign firms cross-listed in the U.S.? Accounting Horizons, 27(3), 491-510.

Lin, S.; Riccardi, W.; Wang, C. (2012). Does accounting quality change following a switch from U.S. GAAP to IFRS?Evidence from Germany. Journal of Accounting and Public Policy, 31(6), 641-657.

Li, S. (2010). Does mandatory adoption of International Financial Reporting Standards in the European Union reduce the cost of equity capital? The Accounting Review, 85(2), 607-636.

McAnally, M.; McGuire, S.; Weaver, C. (2010). Assessing the financial reporting consequences of conversion to IFRS: the case of equitybased compensation. Accounting Horizons, 24(4), 589-621.

Morais, A.; Curto, J. D. (2009). IASB standards adoption: value relevance and the influence of country-specific factors. Australian Accounting Review, 19(2), 128-143.

Niskanen, J.; Kinnunen, J.; Kasanen, E. (2000). The value relevance of IAS reconciliation components: empirical evidence from Finland. Journal of Accounting and Public Policy, 19(2), 119-137.

Ozkan, N.; Singer, Z.; You, H. (2012). Mandatory IFRS adoption and the contractual usefulness of accounting information in executive compensation. Journal of Accounting Research, 50(4), 1077-1107.

Palea, V. (2013). IAS/IFRS and financial reporting quality: lessons from the European experience. China Journal of Accounting Research, 6(4), 247-263.

Parker, L. D.; Guthrie, J. (2013). Accounting scholars and journals rating and benchmarking: risking academic research quality. Accounting, Auditing & Accountability Journal, 26(1), 4-15.

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Shima, K. M.; Gordon, E. A. (2011). IFRS and the regulatory environment: the case of U.S. investor allocation choice. Journal of Accounting and Public Policy, 30(5), 481-500.

Soderstrom, N.; Sun, K. (2007). A review of the accounting quality after IFRS adoption in the European Union. European Accounting Review, 16(4), 675-702.

Sun, J.; Cahan, S.; Emanuel, D. (2011). How would the mandatory adoption of IFRS affect the earnings quality of U.S. firms?Evidence from cross-listed firms in the US. Accounting Horizons, 25(4), 837860.

Tan, H.; Wang, S.; Welker, M. (2011). Analyst following and forecast accuracy after mandated IFRS adoptions. Journal of Accounting Research, 49(5), 1307-1357.

Taylor, G.; Tower, G. (2011). Determinants of financial ratio disclosure patterns of Australian listed extractive companies. Australian Accounting Review, v. 21, p. 302-314.

Taylor, G.; Tower, G.; Neilson, J. (2010). Corporate communication of financial risk. Accounting and Finance, v. 50, p. 417-446.

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