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Non-cash and Non-operating related party transactions and Comparability of Financial Statements with the Moderating Role of Audit Firm Size

    Authors

    1 هیات علمی

    2 M.A of Accounting, Sama technical and vocational training college, Islamic Azad University, Bojnourd Branch, Bojnourd , Iran.

,

Document Type : Research Paper

Abstract

The main objective of this study is to investigate the relationship between non-cash and non-operating related party transactions and comparability of accounting information of the firms listed on Tehran stock exchange. Firms conducting RPTs are more likely to make accounting choices which make their accounting information less comparable to their industry peers to prevent government detection of illegal RPTs. This research has been carried out in Iran's research space. Results of the study indicate that there is a positive and significant relationship between total amount of related party transactions and financial statements comparability. However, there is a positive relationship between total annual of non-cash related party transactions and financial statements comparability. However, there is a negative relationship between non-operating related party transactions and financial statements comparability and finally, there is no significant relationship between the volatility of related party transactions and financial statements comparability and audit firm size not influence on relationship between total amount of related party transactions and financial statement comparability.

Keywords

References

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Financial Accounting Knowledge
Volume 5, Issue 1 - Serial Number 16
June 2018
Pages 53-78
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