International Financial Reporting Standards (IFRS) and income smoothing activities of banks: Evidence from Australia and New Zealand commercial banks

• Main Authors: Abdul Adzis, Azira, Tripe, David W.L., Dunmore, Paul V.
• Format: Article
• Published: Social Science Electronic Publishing, Inc 2010
• Subjects: HF5601 Accounting; HG Finance
• Online Access: http://repo.uum.edu.my/15731/; http://doi.org/10.2139/ssrn.1717307

This study investigates the impact of IFRS on income smoothing activities through loan loss provisions for Australia and New Zealand banks over the period 1995-2009. Prior to IFRS implementation, bank loans provisioning is subject to managerial manipulation, possibly due to the weakness in GAAP that...