Are the separate financial accounts also relevant? Assessing those accounts reported by listed European entities
The International Accounting Standard (IAS) 27 should be used in the preparation of separate financial statements (SFS) for entities with securities traded on regulated markets within the European Union (EU) that adopt International Financial Reporting Standards (IFRS). This research aims to assess...
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| Format: | Article |
| Language: | English |
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Taylor & Francis Group
2024-06-01
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| Series: | Cogent Business & Management |
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| Online Access: | https://www.tandfonline.com/doi/10.1080/23311975.2024.2371548 |
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| author | Maria Carolina Ribeiro Fábio Albuquerque Paula Gomes Dos Santos |
| author_facet | Maria Carolina Ribeiro Fábio Albuquerque Paula Gomes Dos Santos |
| author_sort | Maria Carolina Ribeiro |
| collection | DOAJ |
| description | The International Accounting Standard (IAS) 27 should be used in the preparation of separate financial statements (SFS) for entities with securities traded on regulated markets within the European Union (EU) that adopt International Financial Reporting Standards (IFRS). This research aims to assess the value relevance of SFS. Additionally, it also analyses the value relevance of the interests under IAS 27 reported therein. It uses documental analysis as a technique and archival research as a method, with entities from the major indices of EU countries as a research sample. Linear regression models are used for data analysis. The findings indicate that both the SFS and those interests influence the entities’ share prices. As far as the authors’ knowledge, this research solves a gap in the literature by assessing the value relevance of interests reported in the SFS and the SFS itself, which have not been reaching the same attention by researchers compared to studies with similar purposes but focusing on the consolidated financial statements. As a contribution, this study can benefit standard-setter bodies and local regulators in understanding the usefulness of SFS for stakeholders’ decision-making by stressing the relevance of those accounts, and the material items reported therein. |
| format | Article |
| id | doaj-art-d4b9308f6b3c4690aabea172d7d3776e |
| institution | Kabale University |
| issn | 2331-1975 |
| language | English |
| publishDate | 2024-06-01 |
| publisher | Taylor & Francis Group |
| record_format | Article |
| series | Cogent Business & Management |
| spelling | doaj-art-d4b9308f6b3c4690aabea172d7d3776e2025-08-20T03:42:53ZengTaylor & Francis GroupCogent Business & Management2331-19752024-06-0111110.1080/23311975.2024.2371548Are the separate financial accounts also relevant? Assessing those accounts reported by listed European entitiesMaria Carolina Ribeiro0Fábio Albuquerque1Paula Gomes Dos Santos2ISCAL/Instituto Politécnico de Lisboa, Lisboa, PortugalISCAL/Instituto Politécnico de Lisboa, Lisboa, PortugalISCAL/Instituto Politécnico de Lisboa, Lisboa, PortugalThe International Accounting Standard (IAS) 27 should be used in the preparation of separate financial statements (SFS) for entities with securities traded on regulated markets within the European Union (EU) that adopt International Financial Reporting Standards (IFRS). This research aims to assess the value relevance of SFS. Additionally, it also analyses the value relevance of the interests under IAS 27 reported therein. It uses documental analysis as a technique and archival research as a method, with entities from the major indices of EU countries as a research sample. Linear regression models are used for data analysis. The findings indicate that both the SFS and those interests influence the entities’ share prices. As far as the authors’ knowledge, this research solves a gap in the literature by assessing the value relevance of interests reported in the SFS and the SFS itself, which have not been reaching the same attention by researchers compared to studies with similar purposes but focusing on the consolidated financial statements. As a contribution, this study can benefit standard-setter bodies and local regulators in understanding the usefulness of SFS for stakeholders’ decision-making by stressing the relevance of those accounts, and the material items reported therein.https://www.tandfonline.com/doi/10.1080/23311975.2024.2371548Accounting choicesIAS 27interestsseparate financial statementsvalue relevanceCollins Ntim, University of Southampton, United Kingdom of Great Britain and Northern Ireland |
| spellingShingle | Maria Carolina Ribeiro Fábio Albuquerque Paula Gomes Dos Santos Are the separate financial accounts also relevant? Assessing those accounts reported by listed European entities Cogent Business & Management Accounting choices IAS 27 interests separate financial statements value relevance Collins Ntim, University of Southampton, United Kingdom of Great Britain and Northern Ireland |
| title | Are the separate financial accounts also relevant? Assessing those accounts reported by listed European entities |
| title_full | Are the separate financial accounts also relevant? Assessing those accounts reported by listed European entities |
| title_fullStr | Are the separate financial accounts also relevant? Assessing those accounts reported by listed European entities |
| title_full_unstemmed | Are the separate financial accounts also relevant? Assessing those accounts reported by listed European entities |
| title_short | Are the separate financial accounts also relevant? Assessing those accounts reported by listed European entities |
| title_sort | are the separate financial accounts also relevant assessing those accounts reported by listed european entities |
| topic | Accounting choices IAS 27 interests separate financial statements value relevance Collins Ntim, University of Southampton, United Kingdom of Great Britain and Northern Ireland |
| url | https://www.tandfonline.com/doi/10.1080/23311975.2024.2371548 |
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