Martin Glaum, Peter Schmidt, Donna Street and Silvia Vogel: Compliance with IFRS 3- and IAS 36-required disclosures across 17 European countries - company- and country-level determinants
Martin Glaum, Peter Schmidt, Donna Street and Silvia Vogel analyse compliance for a large sample of European companies mandatorily applying International Financial Reporting Standards (IFRS). Focusing on disclosures required by IFRS 3 Business Combinations and IAS 36 Impairment of Assets, they find substantial non-compliance.
The authors find that compliance levels are determined jointly by company- and country-level variables, indicating that accounting traditions and other country-specific factors continue to play a role despite the use of common reporting standards under IFRS.
The article was published in the Accounting and Business Research (ABR) and can be downloaded through Taylor & Francis Online (there is a charge for downloading). The article is also available through SSRN (free of charge). Scientific citation requires use of the version published in the ABR:
- Compliance with IFRS 3- and IAS 36-required disclosures across 17 European countries: company- and country-level determinants (through Taylor & Francis)
- SSRN version of the article
We thank Professor Glaum for bringing this article to our attention.