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Financial report, disclosure.TRANSCRIPT
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[email protected] [email protected] " 14 15 2009
20/12/2008
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(International Accounting Standards Committee) (International Accounting Standards) 1973 2003 (International Financial Reporting Standards) . . (Standards Interpretation Committee) (IFRIC). .
. ( 2001, 11).
. (Fair Value) . (32) (39) (36) (40) ( 2001).
( 7 IFRS ( 18\8\ 2006 1\1\2007 (IAS 30 ,32, 39) ( 30 ) ( 32 ) ( 32 ) . (standard, ifrs07, 10\9\2006 IASPLUS ,). (IASB) . (Reliability) . (Ernest & Young Global,IASB , 2005). :
. . (IASB) : . :
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1. .
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2. .
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:
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(IAS) (IASC) (IASB) (IFRS). (Connolly, 2000) (SFAS 133) . :
1 - .2 . 3 ( ) . :
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- .
- .
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1 - : . (Keiso Weygandt and Warfield , 2005 , p. 28). 2 : . (Keiso, Weygandt and Warfield 2005 , p. 38).
3 : (Keiso, Weygandt and Warfield 2005 , p. 31) . ( 1995 . 23 ).
4 - : ( ) . (Keiso,Weygandt and Warfield 2005, p. 32).
5 - (): . (Keiso, Weygandt and Warfield 2005 , p. 32).6 : . (Keiso, Weygandt and Warfield 2005 , p. 33).7 : . (Keiso, Weygandt and Warfield 2005 , p. 31).8 : . (Keiso, Weygandt and Warfield 2005 , p. 33).
9- : .(Epstein and Mirza, 2005).
10- : . (Keiso, Weygandt and Warfield 2005 , p. 42).11 - : ( 1999 .62) (Wolk, et.al ,2001, p.7).
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1989 (FASB) . \ 2005 (Deegan and Unerman, Financial Accounting Theory ,2006, pp175 ) .
. : ( ):- (Deegan and Unerman , Financial Accounting Theory ,2006, pp180 -184) (Understandability): .
Relevance)): . () : - - . : . : (Materiality) (IASB) (30) :" ".
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(1342 Kieso and weygandt, Intermediate Accounting , 1998, pp ). :
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: - (Keiso, Weygandt and Warfield, 2005, pp 1274, ).1 : .
2 : .
3 : .
(, 1992 Bedford) .
(IASC) (42) (38) ( IFRS ) (2) (International Accounting Standards Board, online, IFRS Summaries, 2005 ).
(2)
The StandardApplicable on :The description of the standards
IFRS 11\1\2005First Time adoption of IFRS
IFRS 21\1\2005Share Based Payments
IFRS 31\1\2005Business combination
IFRS 41\1\2005Insurance contracts
IFRS 51\1\2005Non current assets held for sale and discontinued operations
IFRS 61\1\2005Exploration for and evaluation of mineral resources
IFRS 71\1\2007Financial instruments : Disclosure
IFRS 81/1/2008Operating Segments
IFRS 91/1/2008
IAS 11/1/2005Presentation of Financial Statements
IAS 21\1\2005Accounting treatment for inventory
IAS 71\1\1984Statement of cash flows
IAS 81\1\2005Accounting policies, changes in accounting estimates , and errors
IAS 101\1\2005Events after the balance sheet date
IAS 111\1\1995Construction contracts
IAS 121\1\1998Accounting for income taxes
IAS 141\1\1998Segments reporting
IAS 161\1\2005Property, plants, and equipments
IAS 171\1\2005Leases : accounting and disclosure
IAS 181\1\1995Accounting for Revenues
IAS 191\1\1999Employee benefits : accounting and disclosure on employees benefits
IAS 201\1\1984Accounting for Government Grants and Disclosure of Government Assistance
IAS 211\1\2005The Effects of Changes in Foreign Exchange Rates
IAS 231\1\1995Accounting for borrowing costs
IAS 241\1\2005Related party disclosures
IAS 261\1\1998Accounting and Reporting by Retirement Benefit Plans
IAS 271\1\2005Consolidated and Separate Financial Statements
IAS 281\1\2005Investments in associated companies
IAS 291\1\1990Financial Reporting in Hyperinflationary Economies
IAS 301\1\1991Disclosures in the Financial Statements of Banks and Similar Financial Institutions
IAS 311\1\2005Accounting for interests in joint ventures
IAS 321\1\2005Financial Instruments: Disclosure and Presentation
IAS 331\1\2005Earnings per Share
IAS 341\1\1999Interim Financial Reporting
IAS 3631\3\2004Impairments in assets
IAS 371\7\1999Provisions , contingent liabilities , and contingent assets
IAS 38After march 2004Intangible Assets
IAS 391\1\2005Financial Instruments: Recognition and Measurement
IAS 401\1\2005Investment Property
IAS 411\1\2005Agriculture
( 7 IFRS ( 18\8\ 2006 1\1\2007 (IAS 30 ,32, 39) ( 30 ) ( 32 ) (32) . (standard, ifrs07, 10\9\2006 IASPLUS ,)
. . Barth, 1994, 12)) (107) ( ).
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2 (Loans and Receivables).
3 (Held to- Maturity Investments).
4 (Available for Sale Investments)
(Verification) . ( ) (Financial Reporting Governance) .
(7) :
(7) : 18\8\2005 (32) : (30) - (7) 1\1\2007. .
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(32) (30): 1 .2- (32) (1) (7) (32) (Benchmark) .
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4 (Derecognitions) .
5 (Pledged as Collateral) (As Collateral).
6 .
7 (Compound Financial Instruments) .
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. (IAS, IAS Plus, Deliotte, IFRS 7, Aug. 2005). : 1- " Lantto, 2006 " " Does IFRS Improve The Usefulness of Accounting Information In A Code-Law Country?
(IFRS) (Code Law Country) .
(and Reliable Relevant) .
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1- .
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4 .
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4 .2 " Post, et al, 2006 " Implications of IFRS for the European Insurance Industry- Insights From Capital Market Theory.
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3 - " Renders and Gaeremynck, 2005 " : The Impact of Legal and Voluntary Investor Protection on the Early Adoption of International Financial Reporting Standards .
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.
.
. 4 - Hope and Kang, 2005 : Empirical Evidence On Jurisdictions that Adopt International Financial Reporting Standards IFRS .
.
2004 . : .
. .
!. 5 " Yang, et.al.2005 " : The Impact of
Standard Setting on Relevance And Reliability of Accounting Information: Lower of Cost or Market Accounting Reforms in China .
1998 2000 (LCM) .
(Reliability) (Relevancy) ( Historical Cost) (LCM).
(Income Smoothing). 6- " Tendeloo and Straelen, 2005
Earnings Management under German GAAP versus IFRS.
(IFRS) (Earnings Management).
(Sufficient) .
(German GAAP ).
636 (Earnings Management) .
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7 - " 2005 " " "
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2001 2002 .
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8 - 2004, Chatham : Does the Extent of Compliance with IAS Affect Information Asymmetry.
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. 9- " Bloomer, 2004 : Impact of Insurance Accounting on Business Reality and Financial Stability.
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10 - Dickinson and Liedtke, 2004 " : Impact of Fair Value Financial Reporting Systems on Insurance Companies .
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11 - Krischenheiter, 2002" : Representational Faithfulness in Accounting: A Model of Hard Information . (Hard Information) (Soft Information) .
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(Relevancy). (Reliability) SFAC 2, Par.59)).
(Soft) (Comparability) (Soft) (Hard) (Soft) . 12 " 2008 " " .
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. (3) 64.6 % .
(3):
3164.6 %
1122.9 %
612.5 %
48100 %
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1531.3%
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48100 %
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15 20 1531.3 %
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(9): (t) ()
(t) (df)
X 115.980470.0000.423713.9773
X210.232470.0000.587793.8681
X 315.588470.0000.500004.1250
X 414.187470.0000.516334.0573
X 510.494470.0000.574253.8698
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(10): (t) (t) (t)
15.9802.01670.0003.9773
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(11): (t) (t) (t)
10.2322.01670.0003.8681
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15.5882.01670.0004.1250
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14.1892.01670.0004.0573
(t) (14.189) (4 H) . (4.0573) .
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10.4942.01670.0003.8698
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Choi, F. and Meek, G. (2005). International Accounting. 5th ed. Prentice Hall, Inc.
Epstein, B. J and Mirza, A.A. (2005). Wiley IFRS 2005: Interpretation and Application of International Financial Reporting Standards. Wiley & Sons, Inc.
___________. (2006). Wiley IFRS 2006: Interpretation and Application of International Financial Reporting Standards. Wiley & Sons, Inc.
___________. (2002). IAS, Interpretation and Application. John Wiley & Sons, Inc.
Epstein, B. J., Nach, R. and Bragg.S.M. (2005). Wiley GAAP 2006, Interpretation and Application of Generally Accepted Accounting Principles. Wiley & Sons, Inc.
Gordon, P., Roberts, C. and Weetman, P. (2005) .International Financial Reporting: A Comparative Approach. 3rd ed. Prentice Hall, Inc.
Hendriksen, E.S. And Michael, F.B. (1992). Accounting Theory. 5th ed. Irwin. McGraw Hill.
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Kieso, D. E., Weygandt, J.J. (1998). Intermediate Accounting. 9th ed. Wiley & Sons, Inc.
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Peterson, R. H. (2002). Applying International Accounting Standards. Wiley & Sons, Inc.
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Zimmerman, J. and Watts, R. (1986). Positive Accounting Theory. 1st ed. Prentice Hall, Inc. 2 - Periodicals: Lantto, Anna-Maija, 2006 .Does IFRS Improve the Usefulness of Accounting Information in a Code-Law Country? University of Oulu, Department of Accounting and Finance, University of Oulu, Finland. May 29, 2006.
Barth, M. And Landsman, W. (2003). Cost of Capital and Quality of Financial Statements Information.Working Paper. Stanford University.
Barth, M.E., Landsman, W.R. And Beaver, W.H. (2001). The Relevance of the Value Relevance Literature for Financial Accounting Standards Setting: Another View. Journal of Accounting and Economy. Vol, 31.No.3.
Barth, M. E., Landsman, W.R. and Wahlen, M.A. (1995). Fair Value Accounting: Effects on Banks Earnings Volatility, Regulatory Capital, and Value Contractual Cash Flows. Journal of Banking and Finance. Vol, 19, Issue 3 4, pp 577 605.
Beatty, A. (1995).The Effect of Fair Value Accounting on Investment Portfolio Management: How Fair Value Is It? . Federal Reserve Bank of St. Louis Review. Vol.77. No.1. Jan /Feb. pp 25 39.
Bushman R.M. And Smith A. J. (2004). Transparency, Financial Accounting Information, and Corporate Governance. Economic Policy Review. April 2004.
Carlson, P. (1997). Advancing the Harmonization of International Accounting Standards: Exploring an Alternative Path. The International Journal of Accounting. Vol. 32. No. 3.
Clark ,P. K., Hinton, P. H., Nicholson, E. J., Storey, L., Wells , G. , and White , M. G. ( 2003 ) . The implications of Fair Value Accounting on General Insurance Companies. Presented to the Institute of Actuaries, 24 March 2003).Kirschenheiter, M. (2002). Representational Faithfulness in Accounting: A Model of Hard Information. Purdue University, Krannet School of Management, April.
Murphy, A. B. (2000). The Impact of Adopting International Accounting Standards on the Harmonization of Accounting Practices. The International Journal of Accounting. Vol. 35. No. 4. 2000.
Street, D. L. And Bryant, S.M. (2000). Disclosure Level and Compliance with IASs: A Comparison of Companies with and Without U.S. Listing and Filings. The International Journal of Accounting. Vol. 35. No. 3.
Tendeloo, B. V. And Staelen, A. V. (2005). Earning Management under German GAAP versus IFRS. European Accounting Review. Vol. 14. No. 1.
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