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Klimczak Karol Marek (Akademia Leona Koźmińskiego w Warszawie), Mulenga John (Akademia Leona Koźmińskiego w Warszawie)
Do Polish Accountants Produce Useful Financial Reports?
Zeszyty Naukowe Uniwersytetu Szczecińskiego. Finanse, Rynki Finansowe, Ubezpieczenia, 2009, nr 17, s. 427-434, tab., bibliogr. 12 poz.
Sprawozdanie finansowe, Raportowanie, Rachunkowość, Międzynarodowe Standardy Sprawozdawczości Finansowej (MSSF)
Financial statements, Reporting, Accounting, International Financial Reporting Standard
streszcz., summ..
This paper investigates the changes in value relevance of accounting earnings after the adoption of International Financial Reporting Standards (IFRS) in Poland in 2005. We use a sample of annual reports of Polish listed companies for three years, from 2004 to 2006, to determine the correlation between stock rates of return and earnings yield per book value. Results show that adoption of IFRS has a significant, negative impact on the relevance of accounting earnings. (original abstract)
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The Main Library of Poznań University of Economics and Business
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