A Model of Effective Factors in Financial Restatements in Iran
Entities must restate their comparative financial statements when they correct prior periods accounting errors or change accounting methods. Although financial restatements have adverse effects on the relevance and reliability of financial statements’ information, financial restatement has increased...
| Main Authors: | , |
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| Format: | Article |
| Language: | fas |
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Shahid Bahonar University of Kerman
2012-08-01
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| Series: | مجله دانش حسابداری |
| Subjects: | |
| Online Access: | https://jak.uk.ac.ir/article_120_633c22a5cba3818694f255c07060e342.pdf |
| _version_ | 1819002047710625792 |
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| author | Mohammad Reza Nikbakht Afsaneh Rafiee |
| author_facet | Mohammad Reza Nikbakht Afsaneh Rafiee |
| author_sort | Mohammad Reza Nikbakht |
| collection | DOAJ |
| description | Entities must restate their comparative financial statements when they correct prior periods accounting errors or change accounting methods. Although financial restatements have adverse effects on the relevance and reliability of financial statements’ information, financial restatement has increased considerably among listed companies in Tehran Stock Exchange, TSE, in the recent years. The main objective of this research is to identify the determinants of financial restatements in Iran. First, we recognized the effective factors by interviewing 50 experts, and then, using such factors, we estimated a logit regression model with observations on 202 listed companies in the TSE in the years 2004 to 2010. Our findings show that profitability, financial leverage, CEO duration, CEO change, auditors change, and audit firms size may affect financial restatements. |
| first_indexed | 2024-12-20T22:58:54Z |
| format | Article |
| id | doaj.art-905ebb6c1fce4d818f7a20d1e5771b57 |
| institution | Directory Open Access Journal |
| issn | 2008-8914 2476-292X |
| language | fas |
| last_indexed | 2024-12-20T22:58:54Z |
| publishDate | 2012-08-01 |
| publisher | Shahid Bahonar University of Kerman |
| record_format | Article |
| series | مجله دانش حسابداری |
| spelling | doaj.art-905ebb6c1fce4d818f7a20d1e5771b572022-12-21T19:24:03ZfasShahid Bahonar University of Kermanمجله دانش حسابداری2008-89142476-292X2012-08-013916719410.22103/jak.2012.120120A Model of Effective Factors in Financial Restatements in IranMohammad Reza Nikbakht0Afsaneh Rafiee1دانشیار حسابداری دانشگاه تهراندانشجوی دکترای حسابداری دانشگاه تهرانEntities must restate their comparative financial statements when they correct prior periods accounting errors or change accounting methods. Although financial restatements have adverse effects on the relevance and reliability of financial statements’ information, financial restatement has increased considerably among listed companies in Tehran Stock Exchange, TSE, in the recent years. The main objective of this research is to identify the determinants of financial restatements in Iran. First, we recognized the effective factors by interviewing 50 experts, and then, using such factors, we estimated a logit regression model with observations on 202 listed companies in the TSE in the years 2004 to 2010. Our findings show that profitability, financial leverage, CEO duration, CEO change, auditors change, and audit firms size may affect financial restatements.https://jak.uk.ac.ir/article_120_633c22a5cba3818694f255c07060e342.pdffinancial restatementprior period adjustmenteffective factors |
| spellingShingle | Mohammad Reza Nikbakht Afsaneh Rafiee A Model of Effective Factors in Financial Restatements in Iran مجله دانش حسابداری financial restatement prior period adjustment effective factors |
| title | A Model of Effective Factors in Financial Restatements in Iran |
| title_full | A Model of Effective Factors in Financial Restatements in Iran |
| title_fullStr | A Model of Effective Factors in Financial Restatements in Iran |
| title_full_unstemmed | A Model of Effective Factors in Financial Restatements in Iran |
| title_short | A Model of Effective Factors in Financial Restatements in Iran |
| title_sort | model of effective factors in financial restatements in iran |
| topic | financial restatement prior period adjustment effective factors |
| url | https://jak.uk.ac.ir/article_120_633c22a5cba3818694f255c07060e342.pdf |
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