جستجوی مقالات مرتبط با کلیدواژه "comparability of accounting information" در نشریات گروه "حسابداری"

The current research aims to trace the role of the comparability of accounting information on the speed of achieving the optimal commercial credit of companies.

to achieve the objectives of the research, a sample of 135 companies admitted to the stock exchange, which were selected according to the systematic exclusion pattern, was collected for a period of 13 years from 2010 to 2022. To test the research hypotheses, a multivariate regression model with the generalized moments approach (GMM) was used. To measure the speed of trade credit adjustment, the model previously developed by Lou (2022) and to measure the comparability of accounting information, the profit-return index was used.

The results of the research hypothesis test showed that the speed of adjustment of commercial credit in the research sample is about 60%, that is, the companies are able to compensate 60% of the gap created every year to optimal commercial credit. Also, the ability to compare accounting information has an effect on the speed of trade credit adjustment, and by improving this factor, the speed of companies achieving optimal trade credit will increase.

The current research provided evidence that the quality level of financial statement information for credit users and suppliers can increase the speed of commercial credit adjustment in reaching the target commercial credit.

The aim of the current research is to investigate the impact of the auditor's conservatism on the informational content of profit by considering the role of comparability of accounting information.

Information of a sample of 131 companies listed in the stock exchange was collected for a period of 10 years from 2013 to 2022. To measure the information content of profit gained from the profit reaction coefficient and to evaluate the auditor's conservatism used model Chong and colleagues (2003) which is inspired by Basu's (1997) model and the profit-return criterion was used to measure the comparability of accounting information.

The results showed there is an inverse and significant relationship between the auditor's conservatism and the profit information content and presence of conservative auditor reduces the profit reaction coefficient to stock returns by providing more conservative information. In this regard high comparability gets intense the negative effect of the auditor's conservatism on the profit information content.

With the increase of the conservatism of the auditor, the amount of information content of the profit will decrease and the conservatism of the auditor reduces the sensitivity of the return to the declared profit to the market, and this can be the result of the caution of the auditor in confirming the declared profit figure of the company has been informed to the market in a reasonable manner. Comparability intensifies the negative relationship between two variables.

Contribution: 

The present research provides useful evidence for company managers and capital market agents by better using the financial information disclosure mechanisms and conservative auditors, a reasonable level of effectiveness of the return can be established and the information content of the profit can be placed at a balanced level in the market and abnormal reactions at the time of profit announcement reduced.