國(guó)際財(cái)務(wù)報(bào)告標(biāo)準(zhǔn)和專家對(duì)披露質(zhì)量的觀點(diǎn)【外文翻譯】

1、外文文獻(xiàn)翻譯外文文獻(xiàn)翻譯原文：InternationalFinancialReptingStardsExperts’PerceptionsofDisclosureQualityFrom2005over7000listedfirmsintheEuropeanUnionmanymearoundthewldwillhavetoadoptInternationalFinancialReptingStards(IFRS).Thematyadopt

2、ionofIFRShasbeenmotivatedbytheneedtoensuregreatercomparabilityahighertransparencyqualityoffinancialreptingacrosstheEUmemberstates(seeECRegulationNo16062002).Thiskeystepontheroadtowardsaglobalsetofunifmaccountingstardshas

3、inspiredotherstardsettersaroundthewldsuchastheAustralianAccountingStardBoard(AASB)toadoptIFRSalike.Howeverthejuryisstilloutonthedesirabilityofsuchasignificantswitchofaccountingregime.Despitegeneralconcernsabouttheaboliti

4、onoflocalaccountingstardscustomizedtowardstheneedsofaparticularinstitutionalenvironment(e.g.Schildbach2004)thereisstillconsiderabledebateabouttheexpectedqualityoffinancialstatementspreparedunderIFRSstardsbothinpracticeac

5、ademia.ConsidertheprominentexampleoftheFrenchPremierJacquesChiracwhoexpressedfirmresistancetotheadoptionofIFRS(AccountancyAge2003).AcademicsalsopresentdifferentviewsonthequalityofthefinancialstatementsoffirmsadoptingIASI

6、FRS.MostnotablyBalletal.(2003)illustrateinthecaseoffourEastAsiancountriesthatadopting‘IAStype’accountingstardswillnotnecessarilyleadtohigherqualityreptinginthepresenceoflaxenfcementmechanismsstrongadversereptingincentive

7、s.SimilarlyotherstudieshaverevealedseverecomplianceproblemsparticularlyintheearlystageofIFRS(e.g.Cairns2000)thusquestioningthetransparencyofsuchfinancialrepts.IndertoassessthetransparencyqualityofIASIFRSascomparedtolocal

8、GAAPU.S.GAAPfinancialstatementsfalargerepresentativesetoftime.ImptantlyitdoesnotholdonlyffirmswhichhavevoluntarilyadoptedIFRSU.S.GAAPbutalsofthesubsetoffirmswhichmatilyadoptedsuchstardsinresponsetotherequirementsoftheGer

9、manstockexchangefspecificmarketsegments.Althoughitisdifficulttoestablishdirectcausalityduetotheinherentselfionissuesfmostofthesamplefirmsourevidenceshowsatleastthatthedisclosurequalityoffinancialreptshassignificantlyincr

10、easedwiththeadoptionofIFRSfinancialstatements.InsumourresearchcontributestotheglobaldiscussionontheeconomicconsequencesofadoptingIFRS.THETRANSITIONPROCESSTOWARDSINTERNATIONALFINANCIALREPTINGSTARDSSincethe1990stherehasbee

11、narapidgrowthintheadoptionofIASIFRSwldwide.AspresentedinTable1PanelAthenumberofcompaniescodedinWldscopeasIASIFRSadoptersroseby300percentintheperiod1996to2004.By200465percentoftheIASIFRSadopterswerefromcountriesintheEurop

12、eanUnionSwitzerl.CompaniesfromcountrieswithaGermanaccountingigin(AustriaGermanySwitzerl)dominatewithintheEUaccountfmethan50percentofthewldwideIASIFRSadopters.Thesethreecountriesarefurtheracterizedbytheclosesimilarityofma

13、nyotherinstitutionalfeatures(seee.g.delheideKPMG2001).ThenumberofIASIFRSadoptersfromEUcountrieswillfurtherrisesharplybythefiscalyear2005asRegulation(EC)No16062002requiresallcompaniesgovernedbythelawofanEUmemberstatewhose

14、securitiesareadmittedtotradingonaregulatedmarketofanymemberstatetopreparetheirconsolidatedaccountsinconfmitywithIFRSffiscalyearsstartingonafter1January2005.EUdomiciledfirmscurrentlyreptingunderfullU.S.GAAPareallowedtocha

15、ngetoIFRSffiscalyear2007atthelatest.TheprocessofchangingtointernationalaccountinginGermanystartedintheearly1990swhenDaimlerBenzpublisheditsfirstFm20Fwithareconciliationofincomeshareholder’sequityfromGermanGAAP(HGB)toU.S.