Impact of international financial reporting standards on the profit and equity of AIM listed companies in the UK

Yes === This study examines the extent to which the change from UK GAAP to IFRS has affected companies listed on the Alternative Investment Market (AIM) in the UK. The results suggest that, on average, profit reported under IFRS is higher than that reported under UK GAAP; however, the difference is...

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Main Authors:	Ali, A., Akbar, Saeed, Ormrod, P.
Language:	en
Published:	2019
Subjects:	International financial reporting standards Accounting harmonisation Alternative investment market Small and growing companies Gray conservatism index IFRS 1
Online Access:	http://hdl.handle.net/10454/17131

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spelling	ndltd-BRADFORD-oai-bradscholars.brad.ac.uk-10454-171312019-08-31T03:05:09Z Impact of international financial reporting standards on the profit and equity of AIM listed companies in the UK Ali, A. Akbar, Saeed Ormrod, P. International financial reporting standards Accounting harmonisation Alternative investment market Small and growing companies Gray conservatism index IFRS 1 Yes This study examines the extent to which the change from UK GAAP to IFRS has affected companies listed on the Alternative Investment Market (AIM) in the UK. The results suggest that, on average, profit reported under IFRS is higher than that reported under UK GAAP; however, the difference is much smaller for AIM listed companies as compared to what existing literature suggests for firms listed on main stock markets. The Gray's partial analysis results indicate that despite the extensive programmes for improving convergence over time there is still a considerable discrepancy between IFRS and UK GAAP. 2019-06-12T11:05:46Z 2019-06-19T11:29:53Z 2019-06-12T11:05:46Z 2019-06-19T11:29:53Z 2016-03 2015-12-08 2015-12-30 2019-06-12T10:05:47Z Article Accepted manuscript Ali A, Akbar S and Ormrod P (2016) Impact of international financial reporting standards on the profit and equity of AIM listed companies in the UK. Accounting Forum. 40(1): 45-62. http://hdl.handle.net/10454/17131 en https://doi.org/10.1016/j.accfor.2015.12.001 © 2015 Elsevier Ltd. All rights reserved. Reproduced in accordance with the publisher's self-archiving policy. This manuscript version is made available under the CC-BY-NC-ND 4.0 license.
collection	NDLTD
language	en
sources	NDLTD
topic	International financial reporting standards Accounting harmonisation Alternative investment market Small and growing companies Gray conservatism index IFRS 1
spellingShingle	International financial reporting standards Accounting harmonisation Alternative investment market Small and growing companies Gray conservatism index IFRS 1 Ali, A. Akbar, Saeed Ormrod, P. Impact of international financial reporting standards on the profit and equity of AIM listed companies in the UK
description	Yes === This study examines the extent to which the change from UK GAAP to IFRS has affected companies listed on the Alternative Investment Market (AIM) in the UK. The results suggest that, on average, profit reported under IFRS is higher than that reported under UK GAAP; however, the difference is much smaller for AIM listed companies as compared to what existing literature suggests for firms listed on main stock markets. The Gray's partial analysis results indicate that despite the extensive programmes for improving convergence over time there is still a considerable discrepancy between IFRS and UK GAAP.
author	Ali, A. Akbar, Saeed Ormrod, P.
author_facet	Ali, A. Akbar, Saeed Ormrod, P.
author_sort	Ali, A.
title	Impact of international financial reporting standards on the profit and equity of AIM listed companies in the UK
title_short	Impact of international financial reporting standards on the profit and equity of AIM listed companies in the UK
title_full	Impact of international financial reporting standards on the profit and equity of AIM listed companies in the UK
title_fullStr	Impact of international financial reporting standards on the profit and equity of AIM listed companies in the UK
title_full_unstemmed	Impact of international financial reporting standards on the profit and equity of AIM listed companies in the UK
title_sort	impact of international financial reporting standards on the profit and equity of aim listed companies in the uk
publishDate	2019
url	http://hdl.handle.net/10454/17131
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Impact of international financial reporting standards on the profit and equity of AIM listed companies in the UK

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