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National Accounting Review

2020, Volume 2, Issue 1: 95-109. doi: 10.3934/NAR.2020006
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Research article

Impact of the mandatory adoption of IFRS on the quality of financial forecasts

  • Faculty of Economic Sciences and Management of Tunis, University of Tunis El Manar, Campus Universitaire, B.P. 248 El Manar II 2092, Tunisia
  • Received: 12 February 2020 Accepted: 26 February 2020 Published: 02 March 2020

  • JEL Codes: G14, G15, G18, M40, M41

  • This article analyses the impact of the mandatory adoption of IFRS on the quality of financial forecasts in the French context. Our sample includes SBF 120 companies monitored over the period 2002-2012. The quality of the financial forecasts was assessed through two important characteristics of the accounting information which are the level of errors in the financial forecasts and the level of dispersion. After empirical validation we found that the transition to international accounting standards has led to an improvement in the quality of financial forecasts as the level of errors in financial forecasts has decreased for financially autonomous companies. In particular, we noted that the level of dispersion for indebted companies has decreased.

    Citation: Basma Ben Néfissa, Faouzi Jilani. Impact of the mandatory adoption of IFRS on the quality of financial forecasts[J]. National Accounting Review, 2020, 2(1): 95-109. doi: 10.3934/NAR.2020006

    Related Papers:

  • This article analyses the impact of the mandatory adoption of IFRS on the quality of financial forecasts in the French context. Our sample includes SBF 120 companies monitored over the period 2002-2012. The quality of the financial forecasts was assessed through two important characteristics of the accounting information which are the level of errors in the financial forecasts and the level of dispersion. After empirical validation we found that the transition to international accounting standards has led to an improvement in the quality of financial forecasts as the level of errors in financial forecasts has decreased for financially autonomous companies. In particular, we noted that the level of dispersion for indebted companies has decreased.


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    [9] Morais AI, Fialho A, Dionísio A (2018) La qualité comptable après l'adoption obligatoire des IFRS est-elle une démarche aléatoire? Preuve de l'Europe. J Appl Acc Res 19: 334-350.
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  • © 2020 the Author(s), licensee AIMS Press. This is an open access article distributed under the terms of the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0)
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