The research aims to identify the impct of the application of the Egyptian Accouting Standards issued in 2006, based on Intrnational Financial Reporting Standards (IFRS), on comparability of financial statements.
The comparability is considered as one of the main goals that the regulators and accounting standards setters seek to achieve. Using 692 observations during the period of 2003–2010, and a financial statement comparability measure developed by De Franco et al. (2011); results showed that the application of the Egyptian Accounting Standards has led to reduction of the level of comparability. These results can be explained by inadequacy of the accounting standards to environmental variables, societal values, and institutional frameworks in Egypt, in addition to the possibility of the low level of compliance with those standards, because of the lack of strong enforcement and compulsion mechanisms
Hassan, M. M. (2017). Egyptian Accounting Standards and Financial Statements Comparability: An Empirical Study. Journal of Alexandria University for Administrative Sciences, 54(1), 157-186. doi: 10.21608/acj.2017.44657
MLA
Mohamed Mostafa Hassan. "Egyptian Accounting Standards and Financial Statements Comparability: An Empirical Study", Journal of Alexandria University for Administrative Sciences, 54, 1, 2017, 157-186. doi: 10.21608/acj.2017.44657
HARVARD
Hassan, M. M. (2017). 'Egyptian Accounting Standards and Financial Statements Comparability: An Empirical Study', Journal of Alexandria University for Administrative Sciences, 54(1), pp. 157-186. doi: 10.21608/acj.2017.44657
VANCOUVER
Hassan, M. M. Egyptian Accounting Standards and Financial Statements Comparability: An Empirical Study. Journal of Alexandria University for Administrative Sciences, 2017; 54(1): 157-186. doi: 10.21608/acj.2017.44657
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