• Login
    View Item 
    •   DSpace Home
    • Publicaciones Seriadas
    • Revista CIFE: Lecturas de Economía Social
    • View Item
    •   DSpace Home
    • Publicaciones Seriadas
    • Revista CIFE: Lecturas de Economía Social
    • View Item
    JavaScript is disabled for your browser. Some features of this site may not work without it.

    The importance of information upon applying IFRS in financial entities that trade at the Colombian stock market

    Thumbnail
    Author
    Laverde Sarmiento, Miguel Angel
    Garcia Carrillo, Jorge Fernando
    Lezama Palomino, Juan Carlos
    Patiño Jacinto, Alejandra
    xmlui.custom.item.dc_identifier
    https://revistas.usantotomas.edu.co/index.php/cife/article/view/5200
    xmlui.custome.item-addthis
    TY - GEN T1 - The importance of information upon applying IFRS in financial entities that trade at the Colombian stock market AU - Laverde Sarmiento, Miguel Angel AU - Garcia Carrillo, Jorge Fernando AU - Lezama Palomino, Juan Carlos AU - Patiño Jacinto, Alejandra PB - Universidad Santo Tomás AB - The aim of this research is to determine whether the implementation of the International Financial Reporting Standards (IFRS) in the companies of the financial sector listed on the Colombian Stock Exchange has greater relevance compared to the previous accounting regulatory framework known as Generally Accepted Accounting Principles (GAAP) in Colombia, for the years 2009 to 2016. Taking into account the concept of valorative relevance that indicates that the accounting information is relevant if it affects the stock price reflected in the capital market exchange. To determine this relationship, an adaptation of the model proposed by Ohlson (1995) is used, because it is the most frequently used to measure relevance. The modifications made to the model were to include accounting variables of financial instruments of assets and liabilities to better measure the impact of the IFRS. On a general level, the conclusion is reached that the valorative relevance of financial companies listed on the stock exchange between 2009 and 2016, does not change due to the application of the IFRS. The results are because the regulation that financial companies that are listed on the stock exchange of Colombia are subject to has contributed to the relevance being maintained before and after the application of the new regulatory framework. however, when carrying out the study of the information taking into account only the variables and taking into account the regulations under the IFRS, they present a greater degree of significance. ER - @misc{11634_17331, author = {Laverde Sarmiento Miguel Angel and Garcia Carrillo Jorge Fernando and Lezama Palomino Juan Carlos and Patiño Jacinto Alejandra}, title = {The importance of information upon applying IFRS in financial entities that trade at the Colombian stock market}, year = {}, abstract = {The aim of this research is to determine whether the implementation of the International Financial Reporting Standards (IFRS) in the companies of the financial sector listed on the Colombian Stock Exchange has greater relevance compared to the previous accounting regulatory framework known as Generally Accepted Accounting Principles (GAAP) in Colombia, for the years 2009 to 2016. Taking into account the concept of valorative relevance that indicates that the accounting information is relevant if it affects the stock price reflected in the capital market exchange. To determine this relationship, an adaptation of the model proposed by Ohlson (1995) is used, because it is the most frequently used to measure relevance. The modifications made to the model were to include accounting variables of financial instruments of assets and liabilities to better measure the impact of the IFRS. On a general level, the conclusion is reached that the valorative relevance of financial companies listed on the stock exchange between 2009 and 2016, does not change due to the application of the IFRS. The results are because the regulation that financial companies that are listed on the stock exchange of Colombia are subject to has contributed to the relevance being maintained before and after the application of the new regulatory framework. however, when carrying out the study of the information taking into account only the variables and taking into account the regulations under the IFRS, they present a greater degree of significance.}, url = {} }RT Generic T1 The importance of information upon applying IFRS in financial entities that trade at the Colombian stock market A1 Laverde Sarmiento, Miguel Angel A1 Garcia Carrillo, Jorge Fernando A1 Lezama Palomino, Juan Carlos A1 Patiño Jacinto, Alejandra PB Universidad Santo Tomás AB The aim of this research is to determine whether the implementation of the International Financial Reporting Standards (IFRS) in the companies of the financial sector listed on the Colombian Stock Exchange has greater relevance compared to the previous accounting regulatory framework known as Generally Accepted Accounting Principles (GAAP) in Colombia, for the years 2009 to 2016. Taking into account the concept of valorative relevance that indicates that the accounting information is relevant if it affects the stock price reflected in the capital market exchange. To determine this relationship, an adaptation of the model proposed by Ohlson (1995) is used, because it is the most frequently used to measure relevance. The modifications made to the model were to include accounting variables of financial instruments of assets and liabilities to better measure the impact of the IFRS. On a general level, the conclusion is reached that the valorative relevance of financial companies listed on the stock exchange between 2009 and 2016, does not change due to the application of the IFRS. The results are because the regulation that financial companies that are listed on the stock exchange of Colombia are subject to has contributed to the relevance being maintained before and after the application of the new regulatory framework. however, when carrying out the study of the information taking into account only the variables and taking into account the regulations under the IFRS, they present a greater degree of significance. OL Spanish (121)
    Gestores bibliográficos
    Refworks
    Zotero
    BibTeX
    CiteULike
    Show full item record
    Collections
    • Revista CIFE: Lecturas de Economía Social [310]
    Abstract
    The aim of this research is to determine whether the implementation of the International Financial Reporting Standards (IFRS) in the companies of the financial sector listed on the Colombian Stock Exchange has greater relevance compared to the previous accounting regulatory framework known as Generally Accepted Accounting Principles (GAAP) in Colombia, for the years 2009 to 2016. Taking into account the concept of valorative relevance that indicates that the accounting information is relevant if it affects the stock price reflected in the capital market exchange. To determine this relationship, an adaptation of the model proposed by Ohlson (1995) is used, because it is the most frequently used to measure relevance. The modifications made to the model were to include accounting variables of financial instruments of assets and liabilities to better measure the impact of the IFRS. On a general level, the conclusion is reached that the valorative relevance of financial companies listed on the stock exchange between 2009 and 2016, does not change due to the application of the IFRS. The results are because the regulation that financial companies that are listed on the stock exchange of Colombia are subject to has contributed to the relevance being maintained before and after the application of the new regulatory framework. however, when carrying out the study of the information taking into account only the variables and taking into account the regulations under the IFRS, they present a greater degree of significance.

     

    xmlui.custome.comments.form-panel-heading

    Respuesta Comentario Repositorio Institucional

    Gracias por tomarse el tiempo para darnos su opinión.

    Indexado por:

    Con presencia en:

    • Bogotá
    • |
    • Bucaramanga
    • |
    • Medellín
    • |
    • Tunja
    • |
    • Villavicencio
    • |
    • Universidad Abierta y a Distancia
    • |
    • Convento Santo Domingo
    Infotegra S.A.S
     

     

    AutoarchivoVideotutorialCarta Aprobación FacultadCarta Derechos de Autor

    Browse

    All of DSpaceCommunities & CollectionsBy Issue DateAuthorsTitlesSubjectsxmlui.ArtifactBrowser.Navigation.browse_sedeThis CollectionBy Issue DateAuthorsTitlesSubjectsxmlui.ArtifactBrowser.Navigation.browse_sede

    My Account

    LoginRegister

    Statistics

    View Usage StatisticsView Google Analytics Statistics

    Indexado por:

    Con presencia en:

    • Bogotá
    • |
    • Bucaramanga
    • |
    • Medellín
    • |
    • Tunja
    • |
    • Villavicencio
    • |
    • Universidad Abierta y a Distancia
    • |
    • Convento Santo Domingo
    Infotegra S.A.S