Autori
Sannino, Giuseppe
Drago, Carlo
Ginesti, Gianluca

Titolo
Impairment estimates for available-for-sale equity instruments under IFRS: evidence from italian Banks
Periodico
Financial reporting
Anno: 2014 - Fascicolo: 2/3/4 - Pagina iniziale: 115 - Pagina finale: 140

Literature indicates that accounting choices under a given set of standards is an important topic due to the different economic implications. Daske et al. (2013) suggest that firms have substantial discretion in applying IFRS. Despite the implications on how the firms apply IFRS have motivated many studies, to our knowledge, little is known about the impairment estimates for the Available-for- Sale (AfS) equity instruments. Using a sample of Italian banks over the period 2010-2011, we investigate the determinants of the accounting decisions for impairment estimates. We find that the reporting quality and profitability are explanatory factors of the banks’ decisions to modify the thresholds of the impairment indicators used to assess AfS equity instruments. Our study also suggests that banks use a substantial discretion in implementing the IAS 39 for the AfS equity instruments.



SICI: 2036-671X(2014)2/3/4<115:IEFAEI>2.0.ZU;2-E
Testo completo: http://www.francoangeli.it/riviste/Scheda_Rivista.aspx?IDArticolo=53429&Tipo=Articolo PDF

Esportazione dati in Refworks (solo per utenti abilitati)

Biblioteche ACNP che possiedono il periodico