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Assessing Comparability of Accounting Information Using Panel Data Analysis

Author

Listed:
  • Ioan-Bogdan ROBU

    (”Alexandru Ioan Cuza” University of Iasi, Romania)

  • Ionut Viorel HERGHILIGIU

    (”Gheorghe Asachi” Technical University of Ia?i, Romania)

  • Bogdan BUDEANU

    (”Gheorghe Asachi” Technical University of Ia?i, Romania)

  • Sorin CHIRU

    (Clinical Recovery Hospital of Iasi)

Abstract

Information comparability can be ensured by consistently applying the same financial reporting framework or similar financial reporting frameworks. The comparability of financial information can be measured both between firms and from one period to another. In the study there has been evaluated the comparability of accounting information over time, from one financial exercise to another, and in space, between firms, with panel data analysis using models with fixed-effects. The study was conducted on a sample of 63 BSE Romanian listed companies, during the period 2007-2016, and to obtain the research results, panel data analysis was performed. The main results have revealed that the move to IFRS has led to increased comparability of financial information, based on the estimates of time and cross fixed effects.

Suggested Citation

  • Ioan-Bogdan ROBU & Ionut Viorel HERGHILIGIU & Bogdan BUDEANU & Sorin CHIRU, 2019. "Assessing Comparability of Accounting Information Using Panel Data Analysis," The Audit Financiar journal, Chamber of Financial Auditors of Romania, vol. 17(155), pages 441-441.
    • Handle: RePEc:aud:audfin:v:17:y:2019:i:155:p:441
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    accounting information; accounting quality; comparability; IFRS; panel data analysis;
    All these keywords.

    JEL classification:

    • C13 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Estimation: General
    • C20 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - General
    • C58 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Financial Econometrics
    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting

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