Les IFRS et l'utilité informationnelle du résultat global en Europe : le rôle des cabinets d'audit
We study the effects of IFRS adoption in Europe on the value relevance of both the net income and comprehensive income, and the impact of Big 4 on this value relevance. We use an extensive database of more than 5000 adopters from 22 European countries. Our main findings are: the adoption of IFRS has enhanced the value relevance of both accounting performance measures; Big 4 auditors are associated with a more value relevant comprehensive income under IFRS than under local standards. These results suggest that IFRS improve the usefulness of accounting information to investors and that the contribution of Big 4 auditors in favor of earnings quality is more under IFRS than under local standards, especially for the comprehensive income.
|Date of creation:||21 May 2012|
|Date of revision:|
|Publication status:||Published in Comptabilités et innovation, May 2012, Grenoble, France. pp.cd-rom, 2012|
|Note:||View the original document on HAL open archive server: https://hal.archives-ouvertes.fr/hal-00691014|
|Contact details of provider:|| Web page: https://hal.archives-ouvertes.fr/|
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