hkr.sePublications
Change search
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf
Voluntary application of IFRS: a study of factors and explanations on the Swedish unregulated capital markets
Kristianstad University, School of Health and Society.
Kristianstad University, School of Health and Society.
2011 (English)Independent thesis Advanced level (degree of Master (One Year)), 10 credits / 15 HE creditsStudent thesis
Abstract [en]

The past two decades have resulted in an increase in international trade, capital flows and cross-border economic integrations. These phenomena have increased the demand for harmonized international accounting standards aimed at creating an efficient resource allocation, worldwide. The adoption of International Financial Reporting Standards (IFRS) is the result of a process towards a greater accounting harmonization. In Sweden, there are four categories of firms that apply IFRS; three are regulated by law, while the fourth are voluntary applying IFRS. The aim of this study is to find out which factors explain why firms voluntarily apply IFRS. By doing one quantitative and one qualitative study of the firms listed on the Swedish unregulated capital markets, we have found that there are 84 firms that voluntarily apply IFRS, that is 35 percent. The significant factors explaining the voluntarily application of IFRS are the use of an audit firm within the big four (PricewaterhouseCoopers, KPMG, Ernst & Young and Deloitte) and the number of firms within the same industry that voluntarily applies IFRS. Their voluntary application of IFRS has been explained to primarily depend on the advantages increased internal control, a more extensive and detailed annual report and more investors. In addition, the use of IFRS indicates quality and the firm will  be seen as a good corporate citizen.

Place, publisher, year, edition, pages
2011. , 23 p.
Keyword [en]
IFRS, Voluntary application, Factors, Explanations, Swedish unregulated capital markets
National Category
Economics and Business
Identifiers
URN: urn:nbn:se:hkr:diva-8286OAI: oai:DiVA.org:hkr-8286DiVA: diva2:428241
Educational program
Degree of Bachelor of Science in Business and Economics
Uppsok
Social and Behavioural Science, Law
Supervisors
Examiners
Available from: 2011-09-05 Created: 2011-06-29 Last updated: 2011-09-05Bibliographically approved

Open Access in DiVA

Voluntary application of IFRS A study of factors and explanations on the Swedish unregulated capital markets(531 kB)1200 downloads
File information
File name FULLTEXT01.pdfFile size 531 kBChecksum SHA-512
02bffdd92e012002e4cbfa1d0a79edf452f9f38143d0a4d6c857f23a241295e1c9e0488d27a576532a2abc6262fd358aa3ac783a2dde5bb53bf662089b06dae4
Type fulltextMimetype application/pdf

By organisation
School of Health and Society
Economics and Business

Search outside of DiVA

GoogleGoogle Scholar
Total: 1200 downloads
The number of downloads is the sum of all downloads of full texts. It may include eg previous versions that are now no longer available

Total: 634 hits
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf