Record Details

Accounting Choices for Tangible Assets: A Study of Greek Firms

Journal of Economics and Business - SPOUDAI

View Archive Info
 
 
Field Value
 
Title Accounting Choices for Tangible Assets: A Study of Greek Firms
 
Creator Ballas, Apostolos
Panagiotou, Vaia
Tzovas, Christos
 
Subject IFRS implementation, Fixed tangible assets, Greece.
 
Description The purpose of this paper is to investigate the choices of Greek firms regarding the
measurement of an item of a fixed tangible asset subsequent to its initial recognition,
including impairment recognition, under IAS 16 and IAS 36 using a sample of Greek firms
for the years 2005, 2007 and 2009. Results indicate that the cost model is more likely to be
adopted by the more leveraged firms. In addition, it has been examined the compliance of the
sample firms with disclosure requirements of IAS 16 and IAS 36. It appears that the
disclosure compliance of the sample firms with the disclosure requirements of IAS 16 and 36
is influenced by firm’s choice of valuation method for the measurement of an item of a fixed
tangible asset subsequent to its initial recognition. It appears that the firms that adopt the
revaluation method exhibit lower compliance rates.
JEL Classification: M41.
Keywords: IFRS implementation, Fixed tangible assets, Greece.
 
Publisher University of Piraeus
 
Contributor —
 
Date 2015-03-30
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
—
 
Format application/pdf
 
Identifier http://spoudai.unipi.gr/index.php/spoudai/article/view/97
 
Source SPOUDAI - Journal of Economics and Business; Vol 64, No 4 (2014); 18-38
2241-424X
1105-8919
 
Language eng
 
Relation http://spoudai.unipi.gr/index.php/spoudai/article/view/97/206