Comparability

Open Access Article

1 - The impact of CEO Characteristics and Audit Market Competition on Disclosure Quality and Financial Comparability
Samaneh Edalati Shakib

Objective: Nowadays, considering the competitive environment and changing business conditions, the most important issue for companies is their credibility and level of acceptance. One of the important tools to show this is the ranking of companies. In fact, the company' More

Objective: Nowadays, considering the competitive environment and changing business conditions, the most important issue for companies is their credibility and level of acceptance. One of the important tools to show this is the ranking of companies. In fact, the company's ranking can be a sign of its creditworthiness. Regarding this, most countries have ranked companies listed on their stock exchanges. The study examines whether the CEO’s characteristics are associated with financial information's disclosure quality and comparability. Manuscript profile

Open Access Article

2 - Auditor style and comparability of financial statements
Fryidoon Rahnamay Roodposhti Hamidreza Vakili Fard Fazllolah Lak Abdolreza Mohseni

The term auditor style to determine a unique set of internal working rules each audit firm to perform audit standards and application generally accepted accounting principles between their clients are used. Audit style implies that two companies audited by the same audi More

The term auditor style to determine a unique set of internal working rules each audit firm to perform audit standards and application generally accepted accounting principles between their clients are used. Audit style implies that two companies audited by the same auditor, subject to the same audit style, are more likely to have comparable earnings than two firms audited by two different audit firms with different styles.The sample consists of 63 companies listed in Tehran Stock Exchange for the period 2002 to 2013. The tests are based on pairs of firms and a total of 4344 pairs of firms as observations are used. In the present study used correlation method and multiple regression and is performed regression analysis for hypothesis test.The findings show that clients of other audit firms member of certified public accountants society in the same industry and year than to clients of audit organization have more similar in accruals and earnings structure. Also clients of other audit firms in the same industry and year than to their non-clients have more similar in accruals and earnings structure.Finally the findings show that audit style is effective to comparability of financial statements. Manuscript profile

Open Access Article

3 - The Standards Based on Norms and The Unsuitable Usage Of Accounting Principles
Aliakbar Chaharmahali Farzad Nazemi

Accounting standards can based on principles or a set of partly norms. Standard_based_ principles codification approach proponents believe that the standards based on principle make possible to professional judgements for accountants and they lead to more transparent an More

Accounting standards can based on principles or a set of partly norms. Standard_based_ principles codification approach proponents believe that the standards based on principle make possible to professional judgements for accountants and they lead to more transparent and simple standards. Standard_based_ norms codification approach proponents believe that the standards based on principle annihilate the comparability of  financial informations , but the standards based on norms cause a increase in comparability of  financial information and a decrease in the probably legal claims against accountants and also in  profit_management. In this research, these views, are surveyed and finally are compared three accounting standards in international, FASB and Iran levels. Manuscript profile

Open Access Article

4 - The Effect of Adopting International Financial Reporting Standards on the Financial Reporting Comparability: Meta-Analytic Evidence
vahid ahmadian میثم حامدی رقیه نامور

10.30495/jma.2023.22416

International Financial Reporting Standards (IFRS) were developed with the aim of increasing the comparability of financial reporting, enabling market participants to make better economic decisions and improving the efficiency of the capital market. But after more than More

International Financial Reporting Standards (IFRS) were developed with the aim of increasing the comparability of financial reporting, enabling market participants to make better economic decisions and improving the efficiency of the capital market. But after more than a decade of research on the effects of adopting these standards, there is still no definite conclusion about the extent of achieving this goal, and experimental studies report contradictory results. In order to obtain objective evidence regarding the real effects of adopting International Financial Reporting Standards (IFRS) based on the experience of countries that have adopted these standards, in this research, a comprehensive analysis of studies that examine the effects of adopting International Financial Reporting Standards (IFRS) on comparability Financial reporting has been done. Based on the analysis of 243 observations, with an independent sample of 2,544,582 company-years, meta-analysis and meta-regression results indicate that the adoption of International Financial Reporting Standards (IFRS) generally has a positive and significant effect on the comparability of financial reporting. but the size of the effect of adopting these standards depends on several factors such as the method of mandatory or voluntary acceptance, the legal structure of the countries and the executive guarantee of accounting and auditing of the countries under review. Manuscript profile

Open Access Article

5 - The Impact of Accounting Comparability and Consistency on Information Asymmetry: A Text Mining Approach
Sobhan Zafari Dariush Foroughi Gholamhosein Kiani

The Aim of this paper is to Investigate The Impact of Accounting Comparability and Consistency on Information Asymmetry of Listed Companies in Tehran Stock Exchange.The Population of Research is Firms listed in TSE.the sample of Research Consist of 80Firms in Time-perio More

The Aim of this paper is to Investigate The Impact of Accounting Comparability and Consistency on Information Asymmetry of Listed Companies in Tehran Stock Exchange.The Population of Research is Firms listed in TSE.the sample of Research Consist of 80Firms in Time-period of1389-1395.for Hypotheses testing,We Utilised Multivariate Pooling Data Regression.To Measure Accounting Consistency we Applied Text-mining Techniques(Vector Space Model).Research Findings Indicate that Accounting Comparability negatively impact the information AsymmetryFindings also show that accounting consistency have a negative impact on information asymmetry. Overall, it seams that in Iran Capital market, accounting comparability as a one of the qualitative characteristic of accounting information is very important for users of accounting information and investors so that it lead to private information convert to public available for them. alSo , it seams that changing accounting methods and procedures is very important for capital market participants and By creating more ambiguity about the reasons of changing accounting methods lead to increase information asymmetry. Manuscript profile

Open Access Article

6 - A meta-analysis of the relationship between conservatism and comparability with earnings management in Iran
zahra Akbary Mohammadreza Mehrabanpour hossein jahangirnia Reza Gholami Jamkarani

There have been numerous studies on the factors related to earnings management that with contradictory results have been published separately. The purpose of the present study is to examine, analyze and combine the results of previous researches on the relationship betw More

There have been numerous studies on the factors related to earnings management that with contradictory results have been published separately. The purpose of the present study is to examine, analyze and combine the results of previous researches on the relationship between conservatism and comparability with earnings management in Iran. The research population includes all existing research in the area of relationship between conservatism and comparability with earnings management including, including valid articles from 2013 to 2019. The research method is meta-analysis using CMA2 software. The findings of the study indicate that conservatism has no significant relationship with accrual and cash earnings management, but it has a negative and significant relationship with total earnings management. Comparability has a positive and significant relationship with accrual and has a significant negative relationship with cash earnings management. Contribution of findings enriches the literature on earnings management and its related factors and fill existing research gap. Manuscript profile

Open Access Article

7 - Financial Statement Comparability and Cash Holdings
mehdi safari gerayli (Ph.d) Yasser Rezaei pitenoei (Ph.d)

The present study is attempts investigate the impact of financial statement comparability on corporate financial cash holdings. To this end, three various proxies based on DeFranco et al’s (2011) were employed to evaluate financial statement comparability, and Ozc More

The present study is attempts investigate the impact of financial statement comparability on corporate financial cash holdings. To this end, three various proxies based on DeFranco et al’s (2011) were employed to evaluate financial statement comparability, and Ozcan & Ozcan’s (2004) model was also used to measure cash holdings. The research hypothesis was also developed based on the data collected form a sample of 82 firms listed on the Tehran Stock Exchange during the years 2013-2017, and then tested using multivariate regression model based on panel data. The results indicate that financial statement comparability reduces the level of corporate cash holdings. This finding means that, financial statement comparability can mitigate uncertainty and facilitate the monitoring of the evaluation of the managerial performance through attenuating acquisition costs and enhancing the quality and quantity of the information available to investors. Accordingly, firms with comparable financial statements confront with less external financing costs and restrictions, thereby less likely to hold cash. Moreover, these results are robust and are not sensitive with respect to alternative measure of cash holdings and individual analysis of the research hypothesis for each year. Manuscript profile

Open Access Article

8 - Providing a Model of the Relationship between the Financial Statements Comparability and Stock Price Crash Risk with Moderating role of the Audit Committee.
Abbas Daryabari Ghodratallah Talebnia Mohammad khodaei Valeh Zaghard faeygh ahmadi Hamidreza Vakilifard

AbstractComparability is one of the unique qualities of financial information that enhances its usefulness. The ability to compare financial statements as a specific feature of financial reporting quality can reduce managers' motivation to hide negative news. An effecti More

AbstractComparability is one of the unique qualities of financial information that enhances its usefulness. The ability to compare financial statements as a specific feature of financial reporting quality can reduce managers' motivation to hide negative news. An effective audit committee, on the other hand, limits the opportunistic and biased behavior of managers and delays the identification of profits. Thus, the existence of an effective audit committee can be considered as an effective mechanism to reduce the Stock price crash risk and affect the relationship between the financial statements comparability and Stock price crash risk. Therefore, based on this reasoning, the present study, using the structural equation modeling approach, examines the relationship between financial statements comparability with Stock price crash risk and the moderating effect of the audit committee on this relationship. The statistical sample of the present study consists of 126 companies listed in Tehran Stock Exchange 2012-2018. The findings show that the financial statements comparability reduces Stock price crash risk. In addition, the results show that the audit committee moderates and exacerbates the negative relationship between the financial statements comparability and Stock price crash risk. Manuscript profile

Open Access Article

9 - The Effect Of Financial statement comparability on corporate debt maturity with emphasis on the role of Managers’ Overconfidence
Hengameh veysizadeh Allah Karam Salehi

10.30486/fbra.2021.1933854.1015

Comparability is also one of the key quality features of accounting information that facilitates the comparison of financial statements, comparability in the capital market and debt is very important for investors and creditors; Because investment and lending decisions More

Comparability is also one of the key quality features of accounting information that facilitates the comparison of financial statements, comparability in the capital market and debt is very important for investors and creditors; Because investment and lending decisions are based on evaluating alternative opportunities or projects, without this comparable information, no optimal decision can be made. Due to the importance of this issue, in this study, the effect of comparability of financial statements on debt maturity structure with emphasis on the role of managers' overconfidence in the Tehran Stock Exchange in the period 2014 to 2020 using the information of 144 companies using the generalized least squares and generalized moment procedure regression has been investigated. The research method is applied, descriptive and with deductive-inductive approach. To measure the comparability of financial statements, the model of De Franco et al. (2011) and following the research of Ahmed and Duellman (2013) to measure managers' overconfidence, over-investment has been used. The results using both methods show that the comparability of financial statements reduces the debt maturity structure and managers' overconfidence leads to an increase in the debt maturity structure. Managers' overconfidence also increases the negative relationship between the comparability of financial statements and debt maturity structure and increases its severity. Manuscript profile

Open Access Article

10 - Comparability of Financial Reports and Negative Skewness of firm-Specific Monthly Returns: Evidence from Iranian firms
Mehdi Safari Gerayli

10.22034/amfa.2019.1864043.1196

Manuscript profile

Open Access Article

11 - The role of effective variables on the relationship between tax avoidance and investment efficiency
Nazanin Bashirimanesh Zohreh Arefmanesh

10.22034/amfa.2023.1968722.1806

Manuscript profile

Open Access Article

12 - Financial Statement Comparability and the Expected Crash Risk of Stock Prices
Barhram Parsa Fatemeh Sarraf

10.22034/amfa.2018.544951

Manuscript profile

Open Access Article

13 - Comparison of bauxite resources – geo-economical considerations
G. Komlóssy W. B. Morrison

In order to meet the significantly increased metal demand of the world market, it has been decided to expand the capacity of the existing alumina refineries and to set up new plants (more than 2 Mt/a each). The selection among the bauxite sources is based on previous ex More

In order to meet the significantly increased metal demand of the world market, it has been decided to expand the capacity of the existing alumina refineries and to set up new plants (more than 2 Mt/a each). The selection among the bauxite sources is based on previous exploration data, such as: tonnage, grade, mineralogy, etc., the geographical position of the deposit, existing natural and constructed infrastructure and the distance from deep water ports. Environmental and political risks are also investigated. Decision making is a complex task in which the close co-operation of professionals of the bauxite-alumina industry is needed. The authors specify the most determinant factors which are investigated for decision making and call attention to the fact that, in many cases, inconsistent data are compared as if they were equal in value or identical such as: the reliability of explorations made for deposits in various countries, and at different times is also different, the methods applied in reserve calculation and resource estimate are different, the qualitative criteria used for commercial grade ores are different, no numeric data are available showing the possible error in reserve calculation the terminology used for bauxite categories is also different.Adequate attention is never given for the further development of possible prospects; their investigation may be neglected in the selection. As a consequence, when different resources are compared, the geological risks (stability in bauxite production) cannot adequately be taken into account. For minimizing the transport costs (either the bauxite supply to the alumina plant or the alumina shipping to the smelter or both) the geographical position of the raw material is one of the most significant economic factors in the value of the deposit. There are several regions in the world which are so rich in bauxite potential (West Africa, edge of the Guyana Shield in Venezuela and Brazil, the Amazon Basin in Brazil, Weipa Gove in Australia, Eastern Ghats in India, etc.) where new deposits should be explored as a function of their geographical position. The landsat interpretation has proved to be an excellent tool for establishing priorities among the options. The authors give a short review and comparison of the most significant regions and deposits focusing their interests on the: tonnage, grade and mineralogy, further prospects (undiscovered) deposits, infrastructure, distance from mine/deposits to the deep water ports, available alumina content (for a low or a high temperature procedure) for estimating the bauxite consumption per ton of alumina, soluble silica content for estimating the caustic soda consumption per ton of alumina, beneficiation cost in some cases, risk factors (geological, environmental, political and national) The authors conclude, that in spite of the fact that about 30 - 35 billion tons of bauxite have been registered so far as proved + probable reserves and a further 55 – 60 billion tons can be estimated as possible resources in the world, finding new resources in better geographical locations and their exploration may be advantageous. The new exploration data must be more reliable, as well. The costs of reconnaissance and exploration may be far below the haulage costs. Manuscript profile

Open Access Article

14 - Comparability of accounting, quality of financial reporting and pricing of accruals
Seyed Hadi Ejazi Hossein Ezadi Hamid Sajadi

Manuscript profile

Open Access Article

15 - قابلیت قیاس آزمون نگارش کامپیوتری و ورقه‌ای تست PET در بین زبا‌ن‌آموزان ایرانی
محمد محمدی مسعود برزگران

 تکنولوژی کامپیوتر به طراحان آزمون این امکان را داده است که بتوانند نسخه کامپیوتری آزمونهای سنتی ورقه ای را بوجود آورند. نسخه های جدید تستهای TOEFL and Cambridge IELTS, BULATS, KET, PET نمونه های خوبی از آزمونهای کامپیوتری هستند. از آنجا که این شیوه نوین آزمون می ت More

 تکنولوژی کامپیوتر به طراحان آزمون این امکان را داده است که بتوانند نسخه کامپیوتری آزمونهای سنتی ورقه ای را بوجود آورند. نسخه های جدید تستهای TOEFL and Cambridge IELTS, BULATS, KET, PET نمونه های خوبی از آزمونهای کامپیوتری هستند. از آنجا که این شیوه نوین آزمون می تواند فاکتورهای تعیین کننده جدیدی از قبیل روش (رسانه) ارائه آزمون، آشنایی با کامپیوتر و غیره را وارد مقوله سنجش زبان کند، این سوال ممکن است پیش بیاید که آیا دو روش آزمون کامپیوتری و ورقه ای بطور قابل مقایسه ای یک توانایی را می سنجند، و آیا می توان نمرات بدست آمده از این دو روش را بعنوان معادل یکدیگر بکار برد؟ در همین راستا تحقیق حاضر قابلیت قیاس نسخه های کامپیوتری و ورقه ای یک آزمون نگارش را بررسی می کند تا مشخص کند که آیا روش (رسانه) ارائه آزمون و نیز میزان آشنایی با کامپیوتر می تواند تغییری نا مرتبط با توانایی مد نظر ( توانایی نگارش) را در نمرات ایجاد کند. داده های این تحقیق از برگزاری بخش نگارش آزمون PET در دو روش کامپیوتری و ورقه ای با 80 نفر زبان آموز ایرانی سطح متوسط بدست آمد. بعلاوه، با استفاده از یک پرسشنامه معتبر آشنایی با کامپیوتر، زبان آموزان به دو گروه "بیش آشنا" و " کم آشنا" با کامپیوتر تقسیم شدند. نتایج آزمون t گروههای مستقل نشان داد که از لحاظ آماری تفاوت معناداری بین نمرات زبان آموزان در آزمون نگارش کامپیوتری و ورقه ای وجود ندارد. نتایج آزمون t گروههای وابسته نیز حاکی از این بود که در در آزمون نگارش کامپیوتری از لحاظ آماری تفاوت معناداری بین نمرات زبان آموزان "بیش آشنا" و " کم آشنا" با کامپیوتر وجود ندارد. بر اساس نتایج تجزیه و تحلیل داده ها و نیز بررسی میزان همبستگی    نمرات در دو روش کامپیوتری و ورقه ای اینگونه نتیجه گیری شد که این دو  روش (رسانه) ارائه آزمون بطور قابل مقایسه ای یک توانایی را می سنجند. Manuscript profile

Open Access Article

16 - The Relationship between Comparability of Financial Statements and Asymmetric Behavior of Costs with Considering the Moderating Role of Institutional Investors’ Ownership
Shirin Shahbazi Shirin Shahbazi یونس بادآور نهندی

The asymmetric behavior of costs is one of the phenomena that originates from the conflict of interests between managers and owners. The ability to compare financial statements by determining the level of coordination between the accounting procedures of different compa More

The asymmetric behavior of costs is one of the phenomena that originates from the conflict of interests between managers and owners. The ability to compare financial statements by determining the level of coordination between the accounting procedures of different companies makes the information environment transparent and provides the possibility of correct evaluation of performance and optimal allocation of resources. Institutional owners, as one of the pillars of the corporate governance system, play an important role in monitoring management. Based on this, the current research examines the relationship between the comparability of financial statements and the asymmetric behavior of costs with considering the moderating role of institutional investors’ ownership. The statistical population of the research include the companies admitted to the Tehran Stock Exchange for the years since 2013 to 2020, and 139 Firms were selected as a statistical sample using the systematic elimination method. The research method is post-event and the data analysis method is multivariate linear regression. The results of the research showed that, there is a negative relationship between comparability of financial statements and asymmetric behavior of costs. Also, ownership of institutional investors exacerbates the negative relationship between comparability of financial statements and asymmetric behavior of costs. Therefore, the comparability of financial statements and the ownership of institutional investors play a complementary role in reducing the negative consequences of conflicts of interest between managers and owners and providing the goal of optimal use of resources. Manuscript profile

Open Access Article

17 - Investigating the relationship between strengths and weaknesses of social responsibility with financial statement comparability (Empirical evidence from Tehran Stock Exchange)
Hossein Eslami Mofid Abadi Amir Sina Rezai Seyed Mohammad Reza Khalilzade

The main purpose of this study is to investigate the relationship between the strengths and weaknesses of social responsibility and the comparability of financial statements. This research is from the perspective of process, the type of data studied and the result from More

The main purpose of this study is to investigate the relationship between the strengths and weaknesses of social responsibility and the comparability of financial statements. This research is from the perspective of process, the type of data studied and the result from the type of quantitative-applied, from the perspective of purpose and logic from the type of correlation analysis and deductive-inductive and from the perspective of time dimension also from the longitudinal type of event. To test the research hypotheses, the financial information of companies listed on the Tehran Stock Exchange in the period between 2004 to 2018 has been used, so that after applying the restrictions in this research, the final sample consisting of 121 companies was selected. After the operational measurement of the research variables, in the next step, multivariate linear regression analysis techniques have been used to test the research hypotheses. Hypothesis testing is also performed using econometric software (Eviews) and statistical methods of integrated data. The results of statistical tests show that with increasing positive points of corporate social responsibility, the ability to compare financial statements also increases. In addition, the weaknesses of social responsibility Reduces the comparability of financial statements. Manuscript profile

Open Access Article

18 - The Effect of Authorized Professional Judgment’s Application in Iran Accounting Standards on Qualitative Characteristics of Accounting Information
Hashem Nikomaram Mousa Bozorg Asl Mehdi Taghavi Ali Asghar Mahmoudzadeh

Financial statements have been considered as the most significant part for contributing the financial reporting process, assessing financial position, performance and flexibility of companies. In general, the field of activities of companies is very various and these ar More

Financial statements have been considered as the most significant part for contributing the financial reporting process, assessing financial position, performance and flexibility of companies. In general, the field of activities of companies is very various and these are always faced with so many economical events, so it is not possible to define some specific regulations for reporting those events. In this case, there is an emphasis for financial statements preparers to apply professional judgment in accounting standards. In this study, we are going to elaborate whether the application of professional judgment in Iran accounting standards will affect the quality of financial information such as comparability and reliability of them? And if accountants intend to change the financial information for his benefit, does the professional judgment let them to do that and work as an appropriate tool for their goals? For considering the subject of this research, we have used a combined design in order to measure the effects of financial statements preparers’ decisions on comparability and reliability of the information by using professional judgment. The empirical evidences have been collected to demonstrate whether the level of applied professional judgment in Iran accounting standards, can have any influence on comparability of financial statements. Findings of this research show that using professional judgment in accounting standards will decrease comparability of financial reporting. Empirical findings of this research show that the accountants which are put in an suitable circumstance for moral hazard in comparison to other people who are not in such situation, use their professional judgment to demonstrate better performance for their company and gain more benefits. Manuscript profile

Open Access Article

19 - Comparability of Accounting, Quality of Financial Reporting and Pricing Efficiency of Optional Accruals
Farzaneh Nasirzadeh Seyed Mohsen Salehi Vaziri

10.30495/faar.2023.707967

AbstractThis study examines the relationship between accounting comparability and the quality of financial reporting and the pricing efficiency of discretionary accruals, taking the view that comparability improves the information environment and not only enhances the a More

AbstractThis study examines the relationship between accounting comparability and the quality of financial reporting and the pricing efficiency of discretionary accruals, taking the view that comparability improves the information environment and not only enhances the ability of managers to accurately assess liabilities, it also improves investors' understanding of commitments. The investigation companies included 71 companies during the years 2012 to 2019. In this study, Di Franco's (2011) model for accounting comparability, Kotari et al. (2005) and Kaznik's (1999) models for financial reporting quality, and McNichols' (2002) model for accruals were used. The findings showed that increasing the comparability of financial statements reduced the absolute value of accruals and the lower the amount, the higher the quality of financial reporting. Overall, the obtained results revealed that comparability is associated with higher quality financial reporting, as comparability improves the accrual estimation process and the ability to signal future performance. Further, it was concluded that accountability comparability has a negative relationship with the pricing efficiency of optional accruals. In other words, the higher comparability of financial statements in the previous year has increased the perception of users regarding the financial statements of pricing of accruals. Accordingly, the more negative the coefficient of the variable, the higher the understanding of investors. We also found that when comparability was greater, the investors did not respond so strongly to optional accruals. Manuscript profile

Open Access Article

20 - Investigating the Effect of Accounting Comparability on Financial Reporting Quality and Tax Avoidance
Alireza Rahimi Ali Kiani

10.30495/faar.2024.709450

Abstract This study investigated the effect of accounting comparability on financial reporting quality and tax avoidance. Accounting comparability improves information environment. Increased financial reporting transparency caused by increased accounting comparability More

Abstract This study investigated the effect of accounting comparability on financial reporting quality and tax avoidance. Accounting comparability improves information environment. Increased financial reporting transparency caused by increased accounting comparability provides users a better understanding of the information content of financial reports, furthermore it reduces the opportunistic behaviour of managers. Meanwhile in reporting financial information for tax purposes transparent and comparable information plays an important role in in tax decisions.In this study by focusing on on an important aspect of financial reporting environment, that is accounting comparability, we are supposed to investigate the effects it could have on financial reporting quality and tax avoidance. To do so we have sampled out 110 companies listed with stock exchange. We have used multiple linear regression models to test the hypotheses. Our findings are indicative of positive relation between accounting comparability and financial reporting. the financial statement comparability as a governance mechanism prevents managers opportunistic behaviors including tax avoidance. quality as well as negative relation between accounting comparability and tax avoidance which are both in accordance with the hypotheses. based on the results of this study, when the quality of financial reporting, high and lower tax avoidance and tax avoidance, the capacity of accounting comparison improves the ability of users to identify similarities and differences between economic phenomena. As a result, consumers choose the best financial information that makes decisions more effective.  Manuscript profile

Open Access Article

21 - The Effect of Accounting Comparability on Financial Reporting Quality with Emphasis on Audit Quality
Zohreh Hajiha hasan chenari

10.30495/jdaa.2023.699869

AbstractThe aim of this study was to investigate the effect of comparing financial statements on the quality of financial reporting with emphasis on audit quality. It is argued that comparability increases the usefulness of accounting information and makes it possible t More

AbstractThe aim of this study was to investigate the effect of comparing financial statements on the quality of financial reporting with emphasis on audit quality. It is argued that comparability increases the usefulness of accounting information and makes it possible to identify similarities and differences between economic events for users of financial statements.For this purpose, information on the financial statements of 103 companies has been collected. Multivariate regression with panel data has been used to test the hypotheses.The findings of the research hypothesis test show that the comparability of financial statements enhances the quality of financial reporting, but the moderating role of audit quality is ineffective in this relationship.Managers' ability to evaluate the company's performance and predict future events and to provide information on reliable forward-looking estimates that can be used to report higher quality commitment items increases. Manuscript profile

Open Access Article

22 - Corporate Social Responsibility and Compare Financial Statements
Babak Jamshidinavid Maryam Mansouri

10.30495/afi.2021.1927769.1019

Provision and presentation of quality information is a prerequisite for decision making by stakeholders of business units. One of the features of this information is having the ability to compare with other peer companies, as one of the quality features of this informat More

Provision and presentation of quality information is a prerequisite for decision making by stakeholders of business units. One of the features of this information is having the ability to compare with other peer companies, as one of the quality features of this information. Social responsibility can affect the qualitative characteristics of financial reporting. Therefore, the purpose of this study is to investigate the relationship between corporate social responsibility and the ability to compare financial statements as one of the most important features of financial reporting. To achieve the purpose of the study, the composite data of 114 companies listed on the Tehran Stock Exchange in the period 2010-2020 were analyzed using multivariate linear regression. Findings showed that there is a positive and significant relationship between corporate social responsibility and the ability to compare financial statements. Based on these findings, it can be said that social responsibility obliges company managers to adhere to their ethical commitments and provide accurate and quality information to their stakeholders. To do this, they use quality and similar standards and procedures that help reduce information asymmetries at the company level, employees, stakeholders, peer companies and even the capital market. Manuscript profile

Open Access Article

23 - Investigating the effect of economic uncertainty on the relationship between comparability of financial statements and the stock price crash risk in Tehran Stock Exchange
Zeinab Rezaei fatemeh kiyani

10.30495/afi.2022.1944433.1061

The purpose of this study is to investigate the effect of economic uncertainty criteria on the relationship between the financial statement comparability and the stocks price crash risk in companies listed on Tehran Stock Exchange. To measure stocks price crash risk, th More

The purpose of this study is to investigate the effect of economic uncertainty criteria on the relationship between the financial statement comparability and the stocks price crash risk in companies listed on Tehran Stock Exchange. To measure stocks price crash risk, the criterion of negative stock skewness was used and to measure the economic uncertainty, three indicators of inflation rate changes, exchange rate changes and economic growth rate changes were used. For this purpose, data related to 119 companies listed on Tehran Stock Exchange for the period from 2014 to 2020 have been analyzed. The research regression model has been investigated and tested using the panel data method with a random effects approach. The results showed that in conditions of economic uncertainty, stocks price crash risk increased and economic uncertainty criteria moderate the negative relationship between financial statement comparability and stocks price crash risk. In addition, the results showed that improving the quality of financial statement comparability facilitates investors’ access to some information not disclosed by company managers, and therefore managers' motivation to accumulate bad news is reduced, resulting in stocks price crash risk. The effect of the sudden release of bad news is reduced. Manuscript profile

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