The effects on comparability of the new local accounting standards in Spain

M. Àngels Fitó, Francesc Gómez, Soledad Moya

    Research output: Contribution to journalArticleResearchpeer-review

    5 Citations (Scopus)

    Abstract

    The first adoption of the new Spanish GAAP has not been identical for all companies. In each of the three key elements of the transition: date, valuation and disclosure, the Spanish regulator has included some choices for the transition that may affect the content and quality of the transitional financial information. In this paper we analyse the impact of the new Spanish GAAP adoption in terms of main accounting figures and ratios. Our results show that the impact has been significant for most of the figures and some of the ratios and therefore do not support the transition data choice as it damages comparability.
    Original languageEnglish
    Pages (from-to)136-149
    JournalUniversia Business Review
    Volume28
    Publication statusPublished - 1 Dec 2010

    Keywords

    • Accounting information
    • Accounting regulation
    • First adoption
    • IFRS
    • Spanish
    • Transition data choice

    Fingerprint Dive into the research topics of 'The effects on comparability of the new local accounting standards in Spain'. Together they form a unique fingerprint.

    Cite this