Earnings impact of applying international accounting standard 32 to convertible debt: Some evidence for U.S. firms

Schneider, Douglas K.; McCarthy, Mark G.; Hagler, J. Larry

doi:10.1016/s1061-9518(97)90014-8

Cited by 7 publications

(1 citation statement)

References 3 publications

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“…In this sense, the amount allocated to an equity component would depend upon the type of allocation method chosen and the selection of variables and data used in the allocation method (Schneider et al, 1997).…”

Section: The Project On Financial Instrumentsmentioning

confidence: 99%

Hedge accounting: What's the problem with IASC standards?

Hernández

2003

J Corp Accounting Finance

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Section: The Project On Financial Instrumentsmentioning

confidence: 99%

Hedge accounting: What's the problem with IASC standards?

Hernández

2003

J Corp Accounting Finance

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NZ IAS 32: An Evaluation of the Potential Impact on Financial Reporting by Issuers of Convertible Financial Instruments

Bishop

Bradbury

Zijl

2005

Pacific Accounting Review

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We assess the impact of NZ IAS 32 on the financial reporting of convertible financial instruments by retrospective application of the standard to a sample of New Zealand companies over the period 1988 ‐ 2003. NZ IAS 32 has a broader definition of liabilities than does the corresponding current standard (FRS‐31) and it does not permit convertibles to be reported under headings that are intermediate to debt and equity. The results of the study indicate that in comparison with the reported financial position and performance, the reporting of convertibles in accordance with NZ IAS 32 would result in higher amounts for liabilities and higher interest. Thus, analysts using financial statement information to assess risk of financial distress will need to revise the critical values of commonly used measures of risk and performance when companies report under NZ IAS

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Instrumentos financeiros de capital e dívida conforme o ifrs, USGAAP e BRGAAP: um estudo de caso da gerdau S.A.

Morch

Amaral

Vieira

et al. 2009

Rev. contab. organ.

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Resumo ………………………………………………………………………………………………………………………………………… O presente artigo tem por objetivo apresentar conceitos sobre títulos híbridos, ou seja, títulos com características de capital próprio, mas que, em sua essência, são obrigações. Utilizando técnicas de pesquisa bibliográfica e documental, o estudo analisa as normas contábeis internacionais, norte-americanas e brasileiras relacionadas a esse assunto, ressaltando os principais tópicos de cada uma e suas diferenças. Em seguida verifica-se como a empresa Gerdau S.A. classifica e evidencia títulos com essas características para os anos 2006, 2007 e 2008. A escolha da empresa deve-se aà divulgação de suas demonstrações contábeis em BRGAAP e USGAAP em 2006 e em IFRS e USGAAP em 2007 e 2008, permitindo assim a comparação entre as três normas. Constatou-se que, enquanto as normas internacionais e norte-americanas possuem pronunciamentos para títulos híbridos, no Brasil ainda o assunto não recebeu um tratamento específico, o que se reflete na contabilização e no grau de divulgação das informações publicadas com base nas normas brasileiras.

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Earnings impact of applying international accounting standard 32 to convertible debt: Some evidence for U.S. firms

Cited by 7 publications

References 3 publications

Hedge accounting: What's the problem with IASC standards?

Hedge accounting: What's the problem with IASC standards?

NZ IAS 32: An Evaluation of the Potential Impact on Financial Reporting by Issuers of Convertible Financial Instruments

Instrumentos financeiros de capital e dívida conforme o ifrs, USGAAP e BRGAAP: um estudo de caso da gerdau S.A.

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