KaydedilenlerDerginizi ekleyin

Dergiler / Bogazici Journal: Review of Social, Economic and Administrative Studies / 2019 / Cilt: 33 - Sayı: 2

Does Recycling Contribute to Accounting Quality?

Yeniden Sınıflandırma Muhasebe Kalitesine Katkı Sunuyor mu?

Melik ERTUĞRUL
Ali COŞKUN
Sayfa
165–183
DOI
—
🏛️Bu makalenin bibliyografik verileri ve tam metin bağlantısı DergiPark üzerinden sağlanmıştır.
DergiPark Kaydı ↗
✨

Yapay Zeka Hızlı Bakış & Çıkarımlar

AI Insight
⚡ TL;DR(1 Cümlede Hızlı Çıkarım)

Second, net income with recycling and net income have statistically indifferent predictive powers.

📌 3 Maddede Bu Makale

🎯
Amaç & Hipotez:As a result of amendments in existing financial reporting standards, certain items have been transferred (or recycled) from other comprehensive income to income statement since 2013.Based on a sample of Turkish listed firms over 2013-2018, we document the following outcomes for accounting quality, measured by value relevance and predictive power, of recycling.
📊
Temel Bulgular & Veri:First, recycling is not value relevant, and net income with recycling and net income are equally value relevant.
💡
Sonuç & Katkı:Second, net income with recycling and net income have statistically indifferent predictive powers.
🔬Tür:Araştırma Makalesi
📍Kapsam:2013 Verileri
⚙️Değişkenler:Alan Parametreleri

Özet

As a result of amendments in existing financial reporting standards, certain items have been transferred (or recycled) from other comprehensive income to income statement since 2013.Based on a sample of Turkish listed firms over 2013-2018, we document the following outcomes for accounting quality, measured by value relevance and predictive power, of recycling. First, recycling is not value relevant, and net income with recycling and net income are equally value relevant. In other words, recycling does not provide useful information for valuation purposes. Second, net income with recycling and net income have statistically indifferent predictive powers.

Abstract

Mevcut finansal raporlama standartlarındaki değişimler neticesinde 2013 itibarıyla bazı muhasebe kalemlerinin diğer kapsamlı gelirden transfer edilerek gelir tablosunda yeniden sınıflandırıldığı görülmektedir. Bu çalışmada, 2013-2018 yılları arası borsada işlem gören Türk şirketlerine ilişkin bir örneklem ile yeniden sınıflandırmanın muhasebe kalitesi, değer ilişkisi ve gelecek nakit akışlarının tahmini penceresinden ele alınmaktadır. Birinci bulgumuz, yeniden sınıflandırmanın değer ilişkisi bulunmadığını ve net kar ile yeniden sınıflandırma ayarlaması yapılmış net karın değer ilişkilerinin birbirlerinden istatistiki olarak farksız olduğunu göstererek yeniden sınıflandırmanın değerleme için faydalı bilgi sunmadığını ortaya koymaktadır. İkinci bulgumuz, bu iki kar kaleminin gelecek nakit akışlarının tahmininde birbirlerinden istatistiki olarak farksız olduğunu göstermektedir.

🔖

Bu Makaleye Atıf Yap

ERTUĞRUL, M., COŞKUN, A. (2019). Does Recycling Contribute to Accounting Quality?. Bogazici Journal: Review of Social, Economic and Administrative Studies, Cilt: 33 - Sayı: 2, 165–183. https://ajindex.com/articles/352197

📄 Tam Metin PDF Okuyucu

📄

PDF görüntüleyici hazırlanıyor...

Kaynakça (11)

  1. Alali, F. A., & Foote, P. S. (2012). The Value Relevance of International Financial Reporting Standards: Empirical Evidence in an Emerging Market. International Journal of Accounting, 47(1), 85–108.
  2. Arthur, N., Clout, V., Wu, A., & Zhou, X. (2017). Earnings Management Using OCI Recycling: Australian Evidence. European Accounting Association 40th Annual Congress. Valencia, Spain, 10-14 May 2017.
  3. Ates, S. (2020). Membership of sustainability index in an emerging market: Implications for sustainability. Journal of Cleaner Production, 250, 119465. Badertscher, B. A., Burks, J. J., & Easton, P. D. (2014). The market pricing of other-thantemporary impairments. Accounting Review, 89(3), 811–838.
  4. Barone, E., & Gullkvist, B. (2018). Academic Literature Review Interaction of IFRS 9 and long-term investment decisions. EFRAG Brussels, Belgium. Black, D. E. (2016). Other Comprehensive Income: A Review and Directions for Future Research. Accounting and Finance, 56, 9–45.
  5. Bradbury, M. E. (2016). Discussion of ‘other comprehensive income: a review and directions for future research. Accounting and Finance, 56(1), 47–58.
  6. Brown, S., Lo, K., & Lys, T. (1999). Use of R2 in accounting research: measuring changes in value relevance over the last four decades. Journal of Accounting and Economics, 28(2), 83–115.
  7. Cagle, M. N., Kaytmaz Balsarı, Ç., & Dalkılıç, A. F. (2015). Have We Really Been Using the International Financial Reporting Standards (IFRS) since 2005? Case of Turkey. International Journal of Social Sciences and Humanity Studies, 7(1), 36–46.
  8. Caliskan, A. (2019). Kapsamlı Gelir Raporlamasının Değer ilişkisi [Unpublished master's thesis]. Istinye University. Correia, S. (2015). Singletons, cluster-robust standard errors and fixed effects: A bad mix. Technical Note, Duke University. De George, E. T., Li, X., & Shivakumar, L. (2016). A review of the IFRS adoption literature. Review of Accounting Studies, 21(3), 898–1004.
  9. Demir, V., Bahadir, O., & Oncel, A. G. (2013). What is the Best Measure of Financial Performance? Comprehensive Income versus Net Income: Evidence from Turkey. İktisat, İşletme ve Finans, 28, 73–96.
  10. Detzen, D. (2016). From compromise to concept? – a review of “other comprehensive income.” Accounting and Business Research, 46(7), 760–783.
  11. Devalle, A., & Magarini, R. (2012). Assessing the value relevance of total comprehensive income under IFRS: an empirical evidence from European stock exchanges. International Journal of Accounting, Auditing and Performanc