The Effect of Accounting Standards on Financial Reporting Quality in the Companies Listed In Tehran Stock Exchanges

Subject Areas : Management Accounting

H.R. Vakili fard ¹ , M. Aliakbari ²

1 - نویسنده مسئول و طرف مکاتبه
2 - ندارد

Received: 2009-09-08 Accepted : 2009-09-25 Published : 2009-12-22

Keywords: accounting standards, Financial Reporting, financial reporting quality, Accrual Items Quality, Conservatism,

Abstract :

We know the aim of accounting is preparing usefulness information for users of financial statements for their decision making. So it is be necessary to have pre-determined regulation that be applied by accountants and managers. This regulation called “standards”. In this investigation we test two index of financial repotting quality, Financial Statement Quality and Conservatism index with t-double test. We test 67 firm’s data in two periods.  Pre-determined of standards collection in Iran (76-80) and post determined of it (80-86). Our findings show that there is no differences between the means of Financial Statement quality index and Conservatism index in before and after of collection standards.