Accounting harmonization in China - A comparison of A-share and H-share reported earnings
(2009)Department of Business Administration
- Abstract
- This study provides a comprehensive assessment of the harmonization of Chinese GAAP (2006) with IAS, and focuses on the earning gap differences based on industry categorization. We summary the main findings in our researches: (1)The research result of 2006 was consistent with the prior study that Chinese GAAP based net income was lower than IFRS based net income. (2)Our research finding for 2007 that the earning gaps were eliminated notably as the advent of new Chinese GAAP was supported by our descriptive statistics (3)Under the industry classification, our findings are both supported by the figure description and descriptive statistics with the conclusions that different industry has different level of convergence with IAS.
(4)Under the... (More) - This study provides a comprehensive assessment of the harmonization of Chinese GAAP (2006) with IAS, and focuses on the earning gap differences based on industry categorization. We summary the main findings in our researches: (1)The research result of 2006 was consistent with the prior study that Chinese GAAP based net income was lower than IFRS based net income. (2)Our research finding for 2007 that the earning gaps were eliminated notably as the advent of new Chinese GAAP was supported by our descriptive statistics (3)Under the industry classification, our findings are both supported by the figure description and descriptive statistics with the conclusions that different industry has different level of convergence with IAS.
(4)Under the research of accounting items in each industry for data analysis, we found out that the earning gaps between Chinese GAAP and IAS are caused form the environmental factors such as government regulation and industry characteristics in China. We would conclude that the new Chinese GAAP has been converged with IAS in a certain high degree, even though there might be some convergence spaces between these two standards, the accounting differences would not be fully erased due to the national regulations and industry features. (Less)
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/1437597
- author
- Zhu, Ning ; Li, Juan and Wang, Chien-Ming
- supervisor
- organization
- year
- 2009
- type
- H2 - Master's Degree (Two Years)
- subject
- keywords
- Företagsledning, IAS, Management of enterprises, Chinese GAAP, Accounting Harmonization, Earning Gaps, Industry Classification, management
- language
- Swedish
- id
- 1437597
- date added to LUP
- 2009-06-08 00:00:00
- date last changed
- 2012-04-02 17:34:31
@misc{1437597,
abstract = {{This study provides a comprehensive assessment of the harmonization of Chinese GAAP (2006) with IAS, and focuses on the earning gap differences based on industry categorization. We summary the main findings in our researches: (1)The research result of 2006 was consistent with the prior study that Chinese GAAP based net income was lower than IFRS based net income. (2)Our research finding for 2007 that the earning gaps were eliminated notably as the advent of new Chinese GAAP was supported by our descriptive statistics (3)Under the industry classification, our findings are both supported by the figure description and descriptive statistics with the conclusions that different industry has different level of convergence with IAS.
(4)Under the research of accounting items in each industry for data analysis, we found out that the earning gaps between Chinese GAAP and IAS are caused form the environmental factors such as government regulation and industry characteristics in China. We would conclude that the new Chinese GAAP has been converged with IAS in a certain high degree, even though there might be some convergence spaces between these two standards, the accounting differences would not be fully erased due to the national regulations and industry features.}},
author = {{Zhu, Ning and Li, Juan and Wang, Chien-Ming}},
language = {{swe}},
note = {{Student Paper}},
title = {{Accounting harmonization in China - A comparison of A-share and H-share reported earnings}},
year = {{2009}},
}