{"id":1371,"date":"2017-12-27T14:07:55","date_gmt":"2017-12-27T13:07:55","guid":{"rendered":"https:\/\/frjournal.eu\/journal\/?p=1371"},"modified":"2017-12-27T14:07:55","modified_gmt":"2017-12-27T13:07:55","slug":"impairment-estimates-for-available-for-sale-equity-instruments-under-ifrs-evidence-from-italian-banks","status":"publish","type":"post","link":"https:\/\/frjournal.eu\/journal\/2017\/12\/27\/impairment-estimates-for-available-for-sale-equity-instruments-under-ifrs-evidence-from-italian-banks\/","title":{"rendered":"Impairment estimates for available-for-sale equity instruments under IFRS: evidence from italian Banks"},"content":{"rendered":"

Sannino Giuseppe, Ginesti Gianluca, Drago Carlo\/Financial Reporting<\/a>,\u00a0Riviste<\/a>\u00a0\/\u00a0Fascicolo: 2-2014<\/p>\n

\n

Literature indicates that accounting choices under a given set of standards is an important topic due to the different economic implications. Daske et al. (2013) suggest that firms have substantial discretion in applying IFRS. Despite the implications on how the firms apply IFRS have motivated many studies, to our knowledge, little is known about the impairment estimates for the Available-for- Sale (AfS) equity instruments. Using a sample of Italian banks over the period 2010-2011, we investigate the determinants of the accounting decisions for impairment estimates. We find that the reporting quality and profitability are explanatory factors of the banks\u2019 decisions to modify the thresholds of the impairment indicators used to assess AfS equity instruments. Our study also suggests that banks use a substantial discretion in implementing the IAS 39 for the AfS equity instruments.<\/p>\n

Keywords:\u00a0<\/strong>Financial instruments, IAS\/IFRS, accounting choices, impairment, financial reporting.<\/p>\n

\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Sannino Giuseppe, Ginesti Gianluca, Drago Carlo\/Financial Reporting,\u00a0Riviste\u00a0\/\u00a0Fascicolo: 2-2014 Literature indicates that accounting choices under a given set of standards is an important topic due to the different economic implications. Daske et al. (2013) suggest that firms have substantial discretion in applying IFRS. Despite the implications on how the firms apply IFRS have motivated many studies, […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"quote","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[30,1],"tags":[140,139,107,112,118],"class_list":["post-1371","post","type-post","status-publish","format-quote","hentry","category-browse-the-journal","category-financial-reporting","tag-accounting-choices","tag-financial-instruments","tag-financial-reporting","tag-iasifrs","tag-impairment","post_format-post-format-quote"],"yoast_head":"\nImpairment estimates for available-for-sale equity instruments under IFRS: evidence from italian Banks | Financial Reporting Journal<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/frjournal.eu\/journal\/2017\/12\/27\/impairment-estimates-for-available-for-sale-equity-instruments-under-ifrs-evidence-from-italian-banks\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Impairment estimates for available-for-sale equity instruments under IFRS: evidence from italian Banks | Financial Reporting Journal\" \/>\n<meta property=\"og:description\" content=\"Sannino Giuseppe, Ginesti Gianluca, Drago Carlo\/Financial Reporting,\u00a0Riviste\u00a0\/\u00a0Fascicolo: 2-2014 Literature indicates that accounting choices under a given set of standards is an important topic due to the different economic implications. 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