Firm characteristics and compliance with IAS/IFRS: Evidence from North African companies

Article

Alnaas, Ali and Rashid, Afzalur. 2019. "Firm characteristics and compliance with IAS/IFRS: Evidence from North African companies." Journal of Financial Reporting and Accounting. 17 (3), pp. 383-410. https://doi.org/10.1108/JFRA-06-2018-0052
Article Title

Firm characteristics and compliance with IAS/IFRS: Evidence from North African companies

ERA Journal ID41128
Article CategoryArticle
AuthorsAlnaas, Ali (Author) and Rashid, Afzalur (Author)
Journal TitleJournal of Financial Reporting and Accounting
Journal Citation17 (3), pp. 383-410
Number of Pages28
Year2019
Place of PublicationUnited Kingdom
ISSN1985-2517
2042-5856
Digital Object Identifier (DOI)https://doi.org/10.1108/JFRA-06-2018-0052
Web Address (URL)https://www.emerald.com/insight/content/doi/10.1108/JFRA-06-2018-0052/full/html
Abstract

Purpose – This paper aims to examine the influence of firm characteristics on harmonisation of companies listed on the Egypt, Morocco and Tunisia Stock Exchanges.

Design/methodology/approach – This study uses a checklist based mainly on the International Financial Reporting Standards (IFRS).

Findings – The findings of the study are that the level of compliance with IFRS was higher in 2010 than in 2005. Multiple regression analysis indicates that the level of compliance with IFRS increases with company size, institutional ownership, industry and language of disclosure.

Research limitations/implications – The findings of this study suggest that both institutional- and firm-level forces influence the harmonisation process.

Originality/value – This study contributes to the literature on accounting harmonisation in the context of North Africa.

KeywordsIFRS, Standardization, Financial reporting, North Africa, Harmonisation, IAS
Contains Sensitive ContentDoes not contain sensitive content
ANZSRC Field of Research 2020350107. Sustainability accounting and reporting
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Byline AffiliationsSchool of Accounting, Economics and Finance
Institution of OriginUniversity of Southern Queensland
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