국제회계기준이 회계정보의 질에 미치는 영향 -감리지적기업을 중심으로-

Abstract

Due to the introduction of Korean International Financial Reporting Standards(K-IFRS) in 2011, the comparability of information between Korean companies' financial statements and foreign companies' financial statements increases, and it is possible to provide useful information for foreign investors' investment and credit decision making for Korean companies. As a result, the decision to adoption K-IFRS is highly regarded internationally. However, even after the adoption of K-IFRS, the national ranking for accounting transparency is still low, and it has declined compared to before it was adoption. In addition, opinions are constantly being raised that in practice, the ambiguous K-IFRS is increase for accounting fraudulent and there are a lot of options for accounting. In this study, the effect of K-IFRS introduction on accounting information quality was verified using a supervisory company. As a result of the analysis, the coefficient value after IFRS introduction was significant negative sign, showing that the supervisory company decreased after the adoption of K-IFRS. K-IFRS is a principle-based standards and the principle-based standards is to measure assets and liabilities at fair values ​​in order to reflect a company's actual management performance and financial condition. For this, it means that the quality of accounting information has increased by providing more relevant information at the company's discretion. In addition, these results are consistence that managers tend to make accounting decisions within the scope of the principles of accounting standards and that principle-based principles may rather restrict the managers' aggressive accounting. Finally a supervised company can be said to be a more direct and comprehensive indicator of the quality of accounting information for a company than the earnings adjustment measured by discretionary accruals.