IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this article

Shortcomings of performance reporting under IAS/IFRS: a conceptual and empirical study

Listed author(s):
  • Axel Haller
  • Maria Schloßgangl
Registered author(s):

    According to the Framework of the IASB, profit is a frequently used measure of an entity's performance. Yet in developing its standards, the IASB has not paid much attention to the presentation of profit, but primarily concentrated on recognition and measurement requirements. As a consequence, the International (Accounting) Financial Reporting Standards (IAS/IFRS) do not provide a sound conceptual basis for the presentation of income and expenses. The aim of this paper is to analyse the extent to which these shortcomings in current IAS/IFRS are likely to reduce or impair the relevance and comparability of financial statements. It empirically investigates income statements and statements of changes in equity of German and Austrian listed companies applying IAS/IFRS. The results of the study support heavily the current effort of the IASB to develop a new format for the presentation of financial performance.

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

    File URL:
    Download Restriction: Access to full text is restricted to subscribers.

    As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

    Article provided by Inderscience Enterprises Ltd in its journal Int. J. of Accounting, Auditing and Performance Evaluation.

    Volume (Year): 2 (2005)
    Issue (Month): 3 ()
    Pages: 281-299

    in new window

    Handle: RePEc:ids:ijaape:v:2:y:2005:i:3:p:281-299
    Contact details of provider: Web page:

    No references listed on IDEAS
    You can help add them by filling out this form.

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:ids:ijaape:v:2:y:2005:i:3:p:281-299. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Darren Simpson)

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.