Till sidans topp

Sidansvarig: Webbredaktion
Sidan uppdaterades: 2012-09-11 15:12

Tipsa en vän
Utskriftsversion

The predictive ability of… - Göteborgs universitet Till startsida
Webbkarta
Till innehåll Läs mer om hur kakor används på gu.se

The predictive ability of loan loss provisions in banks – Effects of accounting standards, enforcement and incentives

Artikel i vetenskaplig tidskrift
Författare Jan Marton
Emmeli Runesson
Publicerad i The British Accounting Review
Volym 49
Nummer/häfte 2
Sidor 162-180
ISSN 0890-8389
Publiceringsår 2017
Publicerad vid Företagsekonomiska institutionen, Redovisning
Sidor 162-180
Språk en
Länkar dx.doi.org/10.1016/j.bar.2016.09.00...
Ämnesord Banks, Credit losses, Enforcement, Incentives, Judgment
Ämneskategorier Företagsekonomi

Sammanfattning

In this study we compare the predictive ability of loan loss provisions with respect to actual losses under IFRS and local GAAP. The 'incurred loss model' of IAS 39 is a model that requires a relatively low level of judgment by preparers compared to alternative models that exist under local GAAP. We find that loan loss provisions in IFRS bank years predict future credit losses to a lesser extent than in local GAAP bank years, consistent with the incurred loss model reducing the timeliness of provisions. We also examine the interaction of standards with enforcement of financial reporting and with preparer incentives. In testing the role of enforcement from, e.g., banking supervisory authorities, we find that the benefits of local GAAP are largely limited to high-enforcement settings. Local GAAP also performs relatively better than IFRS in large and in profitable banks. This has implications for the IASB and the FASB as they prescribe the adoption of the more judgment-based expected loss model in IFRS 9 and the corresponding US GAAP standard (ASC topic 326), as well as for supervisory authorities that will enforce these standards.

Sidansvarig: Webbredaktion|Sidan uppdaterades: 2012-09-11
Dela:

På Göteborgs universitet använder vi kakor (cookies) för att webbplatsen ska fungera på ett bra sätt för dig. Genom att surfa vidare godkänner du att vi använder kakor.  Vad är kakor?