Journal title
Base

   
Home  /  Base  /  Vol: 16 Núm: 3 Par: 0 (2019)  /  Article
ARTICLE
TITLE

IFRS adoption and company conservatism in Colombia and Brazil

SUMMARY

We analysed changes in the levels of conservatism in Colombia and Brazil after International Financial Reporting Standards (IFRS) adoption, in accordance with the theory of cultural influence in accounting (Gray, 1988). We found that IFRS adoption resulted in decreased conservatism of accounting practices in Brazil; however, it resulted in increased conservatism in Colombia. We found uniformity in conservatism among economic sectors in Brazil. In Brazil and Colombia, the industrial, investment, commercial, and financial sectors showed a decrease in conservatism, as expected. The service and public sectors showed an important increase in conservatism in Colombia, however.

PAGES
pp. 388 - 410

 Articles related

Risa Rukmana    

This study aimed to examine the effect of the application of International Financial Reporting Standards (IFRS) and the quality of earnings to see how companies audited by the BIG 4 and KAP KAP Foreign Affiliates as moderating variables. The population i... see more


Alan A. Cherry, Bill N. Schwartz    

This paper addresses the problems facing accounting instructors in the U.S. as they struggle with pressure to incorporate IFRS into an already crowded financial accounting curriculum. To help instructors better understand the advantages and disadvantages... see more


zaitul zaitul,Daniati Puttri,Neva Novianti,desi ilona    

Abstract. this paper investigates the effect of adoption of IFRS-based convergent accounting standard on accounting quality using Indonesia data. Besides, this study also determines the role of corporate governance as moderating variable between adoption... see more


Ashley B. Harper, Linda Leatherbury, Ana Machuca, JoDee Phillips    

The International Financial Reporting Standards (IFRS) is pending a move to incorporate a single set of accounting standards across International borders. The definitive decision for uniting the standards appears to be stalemated. The pending move by the... see more