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FINANCIAL PERFORMANCE INDICATORS AND ACCOUNTING QUALITY: A COMPARATIVE STUDY IN THE CONTEXT OF IFRS AND INDIAN ACCOUNTING STANDARDS
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Author(s):
MR VINOD JOSHUA GEORGE, DR. K. G. SANKARANARAYANAN
Vol - 8, Issue- 9 ,
Page(s) : 182 - 192
(2017 )
DOI : https://doi.org/10.32804/CASIRJ
Abstract
This study analyses 12 Indian companies which are listed in the NYSE. These companies have to not only report under IFRS but also under Indian Accounting Standards. The study involves comparing the Indian Accounting Standards with IFRS mainly highlighting on the performance indicators. The study will also highlight on the accounting quality which will be measured through earnings management perspective.
Variables considered for this analysis are from Balance Sheet, Cash Flow Statement and Profit and Loss statements, such as: equity market value, sales and equity percentage change, total liabilities percentage change, annual net cash flow for operating activities divided by total assets, intangible assets, investments, other assets, equity, liabilities, operating profits, operating costs, financial accounts, Return on Assets, Return on Investments, Earnings Per Share, P/E Ratio and Return on Capital Employed.
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