Accounting in Europe ( IF 4.6 ) Pub Date : 2021-05-27 , DOI: 10.1080/17449480.2021.1933112 Cristina Gianfelici 1 , Nourhene Benyoussef 2 , Giuseppe Savioli 1
ABSTRACT
This study explores the going concern statement, readability and length cues as indicators of Italian private companies in default. The results indicate that the disclosures of defaulting companies contain (1) low readability; (2) greater uncertainty and confusing information; and (3) a lengthy going concern statement compared to non-defaulting firms. This is the first study to analyse the going concern statement and its correlation with Italian default by comparing International Financial Reporting Standards (IFRS) and Italian Generally Accepted Accounting Principles (GAAP).
中文翻译:
探索持续经营声明、可读性和长度提示作为意大利公司困境的指标
摘要
本研究探讨了持续经营声明、可读性和长度线索作为意大利私营公司违约的指标。结果表明,违约公司的披露存在以下问题:(1)可读性低;(2) 更大的不确定性和混乱的信息;(3) 与非违约公司相比,一份冗长的持续经营声明。这是第一项通过比较国际财务报告准则 (IFRS) 和意大利公认会计准则 (GAAP) 来分析持续经营声明及其与意大利违约相关性的研究。