Manipulation of earnings reports in Spain - some evidence

Welcome to the UPF Digital Repository

Amat, Oriol; Gowthorpe, Catherine; Perramon, Jordi. Manipulation of earnings reports in Spain - some evidence. 2005
To cite or link this document: Amat, Oriol Gowthorpe, Catherine Perramon, Jordi
dc.contributor.other Universitat Pompeu Fabra. Departament d'Economia i Empresa 2005-07-01
dc.description.abstract Accounting regulation is a highly topical issue for listed companies in Europe. From 1 January 2005 all companies listed in the EU member states are required to produce financial reports compliant with international accounting standards. Financial reports will be comparable with each other only if full compliance with the international standards can be ensured. Historically, however, an enduring weakness of the international standard-setting regime has been its inability to enforce compliance with its standards. There is a danger that implementation and compliance will be variable across the adopting countries, and that deeply ingrained national reporting practices will persist. The purpose of this paper is to examine some distinctive elements of Spanish financial reporting practices. Spanish financial reporting by major companies demonstrates a tendency towards quite overt manipulation of the earnings figures. The research reported in the paper firstly identifies four common earnings manipulation practices, and then proceeds to examine their incidence in the financial statements of the IBEX-35 companies over a three year period.
dc.language.iso eng
dc.relation.ispartofseries Economics and Business Working Papers Series; 877
dc.rights L'accés als continguts d'aquest document queda condicionat a l'acceptació de les condicions d'ús establertes per la següent llicència Creative Commons
dc.title Manipulation of earnings reports in Spain - some evidence
dc.type info:eu-repo/semantics/workingPaper 2014-06-03T07:14:15Z
dc.subject.keyword Finance and Accounting
dc.subject.keyword financial reporting
dc.subject.keyword spain
dc.subject.keyword earnings manipulation
dc.subject.keyword ibex-35
dc.rights.accessRights info:eu-repo/semantics/openAccess

See full text
This document is licensed under a Creative Commons license:


Advanced Search


My Account