A Perspective on Association Between International Financial Reporting Standards and Earnings Quality of Turkish Banking Sector
Journal Title: Muhasebe ve Finansman Dergisi - Year 2017, Vol 19, Issue 76
Abstract
Banks are the among the most important institutions of the financial system. Bank financial statements are used by many users for many reasons such as the number of investors and customers and the power of their activities affecting the economies of the country/countries. The users of the financial statements expects high quality reporting from the preparers. Earnings management and capital management practices adversely affect the quality of the financial statement. In this study, impact of the use of International Financial Reporting Standards, which aims to increase the quality and comparability levels of the financial statements, on the earnings and capital management practices is analyzed for the Turkish banking system. According to the results, banks are using loan loss provisions for earnings and capital management purposes. Significant decrease has been observed for earnings management activities for post–IFRS period, however IFRS resulted in no significant change for capital management activities.
Authors and Affiliations
Merve Acar, Burcu Gürol
Keywords
Related Articles
- EP ID EP238078
- DOI -
- Views 108
- Downloads 0
Auditing And Assurance Services
The main reason behind the development of the concept of audit is the different parties’ desire to count on the financial and nonfinancial information provided by companies so that they can verify their decisions. The tr...
Engineer CEOs and Firm Performance in BIST Manufacturing Firms
We study the relation between the educational background of chief executive officers (CEOs) and firm performance for 122 manufacturing firms traded on Borsa Istanbul (BIST) between 2009-2015. We analyze two different mea...
Investors’ Levels of Financial Literacy and Cognitive Ability and Their Relationship with Psychological Illusions
The aim of this research is to determine investors’ level of financial literacy and cognitive ability and to designate the relationships among financial literacy, cognitive abilities and psychological illusions. For this...
The Impact of Ownership Structure on Financing Decisions
Because of the large shareholders have a motive power and internal audit can try to maximize their own interests. In contrast, firms with major shareholders retain their continuity and major shareholders have the oppor...
Katılım Endeksi Getiri, Performans ve Oynaklığının Karşılaştırmalı Analizi
Bu çalışmada Borsa İstanbul Ulusal 100 endeksi ile Katılım 30 endeksi getiri performansları ve oynaklıkları analiz edilmiştir. Çalışma temelde dört bölüm üzerine odaklanmaktadır. İlk olarak Katılım 30 endeksi ve Borsa İs...