The identifying and investigating the factors of not applying inflation Impacts on the financial reporting in Iran

Subject Areas : Journal of Investment Knowledge

Sadegh Nekooei ¹ , Mahdi Salehi ² , Yahya kamyabi ³

1 - Msc in financial management – Islamc Azad university , Ayatollah Amoli sciences and reseach unit- Writer
2 - Assistant Professor , accounting department , ferdowsi university of Mashhad
3 - Assistant Professor , accounting department , mazandaran university of babolsar

Received: 2013-09-24 Accepted : 2014-02-24 Published : 2014-02-24

Keywords: Inflation Accounting, financial statement, price index, assete reevaluation reserves, price change, Financial Reporting,

Abstract :

In this paper, it has been tried to identify and study the causes of non applying inflation effects on financial reporting in Iran. The current research is a descriptive and Correlational research and through employing questionnaire has offered the required data to researchers. the hypothesis of the paper has been examined using t-test and the data from 128 questionnaires received from statistical population composed of faculty members of public universities , PhD and MSc students of financial management and accounting , the autonomous auditing enterprises and federal Institutions . the research results analysis indicates that the factors of not applying inflation Impacts on the financial reporting in Iran includes: absent of inflation accounting standard, escape of economical firms from financial regulations and laws as consequence of assets reevaluation, not existing requirement by authorized organizations about complementary reporting of financial statements involving inflation influences, inability of administers at benefits recognition and or inflation accounting disadvantages, not believing of  administers about inflation accounting performance, increase taxes payable on reevaluation assets, not being coordinated and not being adequate of price levels changing indicators.