000165263 001__ 165263
000165263 005__ 20251219174252.0
000165263 0247_ $$2doi$$a10.1108/09675420910963388
000165263 0248_ $$2sideral$$a83674
000165263 037__ $$aART-2009-83674
000165263 041__ $$aeng
000165263 100__ $$0(orcid)0000-0003-1298-7183$$aCallao, S.$$uUniversidad de Zaragoza
000165263 245__ $$aThe impact of IFRS on the European Union. Is it related to the accounting tradition of the countries?
000165263 260__ $$c2009
000165263 5060_ $$aAccess copy available to the general public$$fUnrestricted
000165263 5203_ $$aPurpose
The purpose of the this paper is to discover the quantitative impact of International Financial Reporting Standards (IFRS) on financial reporting of European countries and evaluate if this impact is connected with the traditional accounting system in which each country is classified, either the Anglo‐Saxon or the continental‐European accounting system.
Design/methodology/approach
First, the authors quantify the IFRS impact on each country and make a comparative analysis of that impact among countries. Then, the authors apply a cluster analysis in order to group European countries on the basis of the different effects of IFRS application.
Findings
The results obtained show that the first application of IFRS has had different effects on the financial reporting among countries. The cluster analysis identifies four groups which show that the impact of IFRS on financial statements of European firms is not related to traditional accounting systems.
Originality/value
The main contribution of the paper is that it studies the impact of mandatory IFRS application for several European countries and shows a comparative analysis, grouping the countries on the basis of that impact. Previous literature mainly gathers research related to specific countries, individually considered, or to different IFRS effects that do not reflect quantitative impacts.
000165263 540__ $$9info:eu-repo/semantics/openAccess$$aby-nc$$uhttps://creativecommons.org/licenses/by-nc/4.0/deed.es
000165263 655_4 $$ainfo:eu-repo/semantics/article$$vinfo:eu-repo/semantics/acceptedVersion
000165263 700__ $$0(orcid)0000-0002-6744-1092$$aFerrer, C.$$uUniversidad de Zaragoza
000165263 700__ $$0(orcid)0000-0003-0334-192X$$aJarne, J.I.$$uUniversidad de Zaragoza
000165263 700__ $$0(orcid)0000-0003-3649-9125$$aLaínez, J.A.$$uUniversidad de Zaragoza
000165263 7102_ $$14002$$2230$$aUniversidad de Zaragoza$$bDpto. Contabilidad y Finanzas$$cÁrea Economía Finan. y Contab.
000165263 773__ $$g10, 1 (2009), 33-55$$pJ. appl. account. res.$$tJournal of applied accounting research$$x0967-5426
000165263 8564_ $$s287028$$uhttps://zaguan.unizar.es/record/165263/files/texto_completo.pdf$$yPostprint
000165263 8564_ $$s327252$$uhttps://zaguan.unizar.es/record/165263/files/texto_completo.jpg?subformat=icon$$xicon$$yPostprint
000165263 909CO $$ooai:zaguan.unizar.es:165263$$particulos$$pdriver
000165263 951__ $$a2025-12-19-14:44:01
000165263 980__ $$aARTICLE