 An investigation of the impact of financial reporting standards on the quality of accounting knowledge: a sample study from TurkeyCennet Gürbüz, İsmail Bekci and Eda Oruç Erdoğan International Journal of Managerial and Financial Accounting, 2024, vol. 16, issue 3, 312-329 Abstract: This research focuses on the changes in earnings management practices of manufacturing industry companies traded on Borsa Istanbul with the implementation of Turkish Financial Reporting Standards (TFRS) and Turkish Accounting Standards (TMS). Real earnings management and accrual-based earnings management are examined to reveal the effects of standards on the quality of accounting knowledge. In the study, panel data analysis is applied by considering the year 2005 in the separation of the periods pre- and post-TMS-TFRS. The findings point to an increase in accrual-based earnings management in the post-TMS-TFRS period. It has been determined that there has been an increase in the quality of accounting knowledge with the decrease in real earnings management practices in the post-TMS-TFRS period. The results regarding the substitutability of earnings methods show that there is a substitution between the two methods in the pre-TMS-TFRS period, but the methods complement each other after TMS-TFRS. Keywords: TMS-TFRS; accounting knowledge quality; earnings management; accrual-based earnings management; AEM; real earnings management; REM; Turkey. (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:ids:injmfa:v:16:y:2024:i:3:p:312-329 Access Statistics for this article More articles in International Journal of Managerial and Financial Accounting from Inderscience Enterprises Ltd |
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