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A comparative study of the comparability of financial reporting in the three countries of Iran, Indonesia and Italy

    Authors

    • Younes Ekhtiari 1
    • Seyyed Hossein Sajjadi 2
    • Mohammad hosein Safarzadeh 3

    1 Ph.D. Student., Department of Accounting, Faculty of Management and Accounting, Shahid Beheshti University, Tehran, Iran

    2 Professor, Department of Accounting, Faculty of Management and Accounting, Shahid Beheshti University, Tehran, Iran

    3 Associate Professor, Department of Accounting, Faculty of Management and Accounting, Shahid Beheshti University

,

Document Type : Research Paper

10.30479/jfak.2024.19750.3160
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Abstract

Purpose: Standard setting committees have made it their common goal to develop high quality accounting standards for use in global capital markets. Because they believe that a common set of high-quality accounting standards increases the comparability and efficiency of financial statements and reports and enables global markets to move with less friction. In other words, increasing comparability is the ultimate goal of various professional boards and associations around the world. The aim of the research is to answer the question that, despite all the efforts to increase comparability at the international level, has this been achieved?
Method: In the current research, 171 companies during the period of 2012-2021, 1391-1400, have been investigated using pooled/paned regression models and t-statistic with two independent samples.
Results: The research findings show that during the research period, the comparability of financial reporting increased in Indonesia and Iran, while it decreased in Italy.
Conclusion: The results show that the average comparability of financial reporting in the developed country of Italy was higher than in the developing country of Iran, and lower than in the emerging country of Indonesia. Also, the average level of comparability of financial reporting in the emerging country of Indonesia has been higher compared to the developing country of Iran.
Contribution: Investigating the process of comparability in a comparative manner with other countries, and quantitatively calculating comparability using Barth's model, which has increased the richness and development of theoretical foundations within the country

Keywords

  • Comparability"
  • "financial reporting "
  • "comparative study

Main Subjects

  • Financial Accounting
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Financial Accounting Knowledge
Volume 10, Issue 4 - Serial Number 39
January 2024
Pages 1-25
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  • Article View: 340
  • PDF Download: 573

APA

Ekhtiari, Y. , Sajjadi, S. H. and Safarzadeh, M. H. (2023). A comparative study of the comparability of financial reporting in the three countries of Iran, Indonesia and Italy. Financial Accounting Knowledge, 10(4), 1-25. doi: 10.30479/jfak.2024.19750.3160

MLA

Ekhtiari, Y. , , Sajjadi, S. H. , and Safarzadeh, M. H. . "A comparative study of the comparability of financial reporting in the three countries of Iran, Indonesia and Italy", Financial Accounting Knowledge, 10, 4, 2023, 1-25. doi: 10.30479/jfak.2024.19750.3160

HARVARD

Ekhtiari, Y., Sajjadi, S. H., Safarzadeh, M. H. (2023). 'A comparative study of the comparability of financial reporting in the three countries of Iran, Indonesia and Italy', Financial Accounting Knowledge, 10(4), pp. 1-25. doi: 10.30479/jfak.2024.19750.3160

CHICAGO

Y. Ekhtiari , S. H. Sajjadi and M. H. Safarzadeh, "A comparative study of the comparability of financial reporting in the three countries of Iran, Indonesia and Italy," Financial Accounting Knowledge, 10 4 (2023): 1-25, doi: 10.30479/jfak.2024.19750.3160

VANCOUVER

Ekhtiari, Y., Sajjadi, S. H., Safarzadeh, M. H. A comparative study of the comparability of financial reporting in the three countries of Iran, Indonesia and Italy. Financial Accounting Knowledge, 2023; 10(4): 1-25. doi: 10.30479/jfak.2024.19750.3160

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