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Record W7066544430

IFRS 16 påverkan på företagens finansiella rapporter : En kvantitativ studie om IFRS 16 påverkan på nordiska börsnoterade företag inom detaljhandeln, tjänstesektorn och byggbranschen

2020· article· en· W7066544430 on OpenAlexaboutno aff

Bibliographic record

VenueDiVA (Södertörn University) · 2020
Typearticle
Languageen
FieldPhysics and Astronomy
TopicAstrophysical Phenomena and Observations
Canadian institutionsnot available
Fundersnot available
KeywordsIncome statementAllowance (engineering)Balance sheetFinancial statementCash flowInternational Financial Reporting StandardsQuarter (Canadian coin)Financial analysis
DOInot available

Abstract

fetched live from OpenAlex

Background and problem: IAS 17, the name of the previous standard of leasing, allowed firms to showcase their leasing as either operational or financial. This allowance led to the financial reports of firms not presenting the leasing requirements and therefore showing misleading financial ratios. After a review performed by the IASB and FASB and the given conclusions, IFRS 16 was implemented in January 2019. This led to leasing contracts required to be presented in financial form, with the exception of leasing contracts with duration below 12 months and assets valued less than 5 000 United States Dollar. As of today, it is mandatory to report a leasing contract in the balance sheets, which facilitates economic comparisons and eliminates potential flaws when analysing financial situations of certain firms. IFRS 16 is expected to affect the financial ratios, cash flow analysis and income statement and balance sheet of companies that are included. Purpose: The purpose of this study is to aid build an understanding of the impact on the financial ratios of firms operating on Nasdaq OMX Nordic after the implementation of IFRS 16. Additionally, this study aims to analyse if certain sectors are affected in different ways. Methodological approach: The methodological approach of this study is a quantitative method. To collect the data for this approach, interim reports for the first quarter of 2019 are used. In this study, the calculations of the financial rations have been done with the support of a census survey based on 103 publicly quoted companies within retailing and construction & service industries within Nordic. Lastly, the cross-over effects following the change to IFRS 16 within the financial ratios of these companies are constructed within the same industries. Results: The introduction and implementation of IFRS 16 showed significant effects across all sectors. This is explained due to, the firms in the selected sectors of this study, mainly being financed through leasing. The results of this study show that effects of the implementation of IFRS 16 were most significant in the retailing industry, followed by the service industry. The construction industry was impacted the least by observing the financial ratios.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.000
metaresearch head score (Gemma)0.000
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesMeta-epidemiology (narrow)
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Observational · Consensus signal: none
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.686
Threshold uncertainty score1.000

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0000.000
Meta-epidemiology (narrow)0.0010.001
Meta-epidemiology (broad)0.0010.001
Bibliometrics0.0000.001
Science and technology studies0.0010.000
Scholarly communication0.0000.001
Open science0.0010.001
Research integrity0.0000.001
Insufficient payload (model declined to judge)0.0010.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.020
GPT teacher head0.202
Teacher spread0.182 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one teacher head, not a consensus.

Study designObservational
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations0
Published2020
Admission routes1
Has abstractyes

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