Revenue recognition disclosure quality in the financial statements of Dutch construction companies

Roy van Duuren () and Ralph ter Hoeven ()
Additional contact information
Roy van Duuren: EY; University of Groningen, Apeldoorn, Netherlands
Ralph ter Hoeven: Rijksuniversiteit Groningen, Groningen, Netherlands

Maandblad Voor Accountancy en Bedrijfseconomie Articles, 2022, vol. 96, issue 11-12, 443-456

Abstract: This study focuses on the revenue recognition disclosure quality of Dutch construction companies for a sample of both IFRS and Dutch GAAP applying companies. Attention is paid to the quality of the disclosures of significant judgements and estimates for IFRS issuers before and after the implementation of IFRS 15. Furthermore, a baseline measurement on the revenue recognition disclosures required by Dutch Accounting Standards (‘DAS') 221 and 270 has been performed on the Dutch GAAP sample. We discuss also the forthcoming changes in these standards which will become effective for financial reporting years starting as per 1 January 2022. This study finds that overall the quality of disclosure of significant judgements and estimates related to the revenue recognition improved after the implementation of IFRS 15. Also, IFRS issuers provide relatively more useful disclosures than DAS issuers.

Keywords: Revenue; recognition; IFRS; 15; DAS; 221; DAS; 270; construction; companies (search for similar items in EconPapers)
Date: 2022
References: Add references at CitEc
Citations:

Downloads: (external link)
https://mab-online.nl/article/95638/

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:arh:jmabec:v:96:y:2022:i:11-12:p:443-456

DOI: 10.5117/mab.96.95638

Access Statistics for this article

Maandblad Voor Accountancy en Bedrijfseconomie Articles is currently edited by Chris D. Knoops

More articles in Maandblad Voor Accountancy en Bedrijfseconomie Articles from Maandblad Voor Accountancy en Bedrijfseconomie
Bibliographic data for series maintained by Teodor Georgiev ().