Information Transparency of the Statement of Comprehensive Income: The Reporting Practice of WIG30 and DAX Companies

Gad, Jacek

doi:10.7341/20161235

Cited by 4 publications

(3 citation statements)

References 15 publications

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“…Bek-Gaiktwo separate statements used by 60% of 31 examined companies (Bek-Gaik, 2013b), A. Szychta -75% of 24 groups (Szychta, 2012), J. Gad -60% in 2012 and 63.2% in 2013 and 2014 respectively among 30 studied entities (Gad, 2016), P. Prewysz-Kwinto -61.7% of 60 entities in , 2016(Prewysz-Kwinto, 2018. The choice of two selected statements can, like A. Szychta suggests, result from accountants' habit of preparing profit and loss accounts (Szychta, 2012).…”

Section: 5%mentioning

confidence: 99%

Geographical and Sectoral Diversity of the Statement of Comprehensive Income with IAS

Prewysz-Kwinto¹

2020

ERSJ

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Purpose: The aim of this paper is to verify the existence of geographical and sectoral differences and similarities in the method of presenting information in the statement of comprehensive income prepared in accordance with International Accounting Standards. Design/Methodology/Approach: The empirical study covered information included in the statements of comprehensive income of 100 biggest capital groups listed on three stock exchanges, i.e., Paris, Frankfurt and Warsaw, for the period 2016-2018. In the quantitative analysis, techniques of descriptive statistics and statistical tests of significance were used. Findings: The study showed the existence of numerous similarities (both geographical and sectoral) in the way information is presented in the statement of comprehensive income concerning among others: the form of presentation, the variant of drawing up, the internal structure of this document or the method of presenting information about other comprehensive income. Practical Implication: The results of the study can be successfully used by users of financial statements because they relate to the important problem of comparability of financial data. They can also be used by institutions that create accounting standards. Originality/Value: The justification for undertaking comparative research is the fact that the vast majority of research so far in the scope of the method of presenting information in the statement of comprehensive income concerns solutions used by entities in one specific country. There are also no detailed comparative studies due to the type of business.

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Section: 5%mentioning

confidence: 99%

Geographical and Sectoral Diversity of the Statement of Comprehensive Income with IAS

Prewysz-Kwinto¹

2020

ERSJ

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“…Jak zauważyła Jerzemowska, Wielka Brytania ma szczególne zasługi na polu rozwoju standardów (tj. dobrych praktyk) ładu korporacyjnego 70 . Opublikowany w 1992 roku w Wielkiej Brytanii raport komitetu Cadbury'ego 71 zainicjował reformę ładu korporacyjnego w Wielkiej Brytanii oraz w innych krajach 72 .…”

Section: Brytyjskie Wytyczne Dotyczące Systemu Kontroli Wewnętrznej I...unclassified

“…W przypadku krajów o średnim wskaźniku unikania niepewności (np. Niemcy) skłonność do prezentowania fakultatywnych ujawnień będzie wyższa 70 . Zgodnie z klasyfikacją opracowaną przez Geerta Hofstedego i Gerta Jana Hofstedego kraje anglosaskie, uważane za bardzo transparentne, należą do grupy krajów z niskim wskaźnikiem unikania niepewności 71 .…”

Section: Cel Badania Oraz Hipotezy Badawczeunclassified

Mechanizmy ładu korporacyjnego a system kontroli nad sprawozdawczością finansową. Perspektywa raportów zarządu polskich i niemieckich spółek publicznych

Gad

2019

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Żonie i Synowi5.1. Cel badania oraz hipotezy badawcze 5.2. Organizacja badania 5.3. Zakres ujawnień na temat systemu kontroli nad sprawozdawczością finansową prezentowanych w raportach zarządu polskich i niemieckich spółek publicznych a mechanizmy ładu korporacyjnego -wyniki badań 5.3.1. Statystyki opisowe 5.3.2. Wyniki analizy regresji 5.4. Dyskusja na temat wyników oraz ograniczenia badania Spis treści

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Sector Diversification of Statements of Comprehensive Income Illustrated with the Example of Entities Listed on the Warsaw Stock Exchange

Prewysz-Kwinto

2019

Folia Oeconomica Stetinensia

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Research background: The rules of preparing the statement of comprehensive income are included in the International Accounting Standard 1 “Presentation of Financial Statements” which gives a lot of freedom in the way information is presented in these documents. So the following question was asked whether the way of presenting information regarding results between enterprises representing the same industries manifests similarities or differences? Purpose: The main aim of this paper is to verify whether despite the high level of flexibility given by IAS 1 in presenting information, the statements of comprehensive income prepared by entities belonging to the same sectors, manifest significant similarities. Research methodology: The research covered the financial statements prepared for the financial years 2015–2017 and by almost 200 entities listed on the Warsaw Stock Exchange and representing 14 different industries. The method of descriptive statistics was used in the quantitative analysis. Results: The results obtained allowed to show many similarities in statements drawn up by entities representing the same sectors concerning among others: the forms of drawing up this document, the variant of a statement, its internal construction and presentation of other comprehensive income. Novelty: Research on sector differentiation of information in the statement of comprehensive income on a group of entities listed on the Warsaw Stock Exchange has not been conducted yet.

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Information Transparency of the Statement of Comprehensive Income: The Reporting Practice of WIG30 and DAX Companies

Abstract: This article aims to identify changes in the form of the statement of comprehensive income in companies in

Cited by 4 publications

References 15 publications

Geographical and Sectoral Diversity of the Statement of Comprehensive Income with IAS

Geographical and Sectoral Diversity of the Statement of Comprehensive Income with IAS

Mechanizmy ładu korporacyjnego a system kontroli nad sprawozdawczością finansową. Perspektywa raportów zarządu polskich i niemieckich spółek publicznych

Sector Diversification of Statements of Comprehensive Income Illustrated with the Example of Entities Listed on the Warsaw Stock Exchange

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