Earnings Forecast Accuracy
(2013) BUSN69 20131Department of Business Administration
- Abstract
- Title:
Earnings Forecast accuracy;
- Are earnings forecasts more accurate
in the post IFRS adoption period
Seminar date:
2013-05-30
Course:
BUSN69 Degree Project - Accounting and Auditing, 15 ECTS credits
Authors:
Gustaf Bertland and Jens Skönnå
Advisor:
Kristina Artsberg
Key words:
earnings, forecasts, accuracy, analysts, IFRS
Purpose:
The purpose of this thesis is to examine the accuracy of earnings forecasts.
Methodology:
Qualitative & Quantitative study, Wilcoxon Sign Rank Test
Theoretical perspectives:
The theoretical perspective reflects previous researches that consider behavioral, information symmetry, psychological aspects and rational theories, examines the... (More) - Title:
Earnings Forecast accuracy;
- Are earnings forecasts more accurate
in the post IFRS adoption period
Seminar date:
2013-05-30
Course:
BUSN69 Degree Project - Accounting and Auditing, 15 ECTS credits
Authors:
Gustaf Bertland and Jens Skönnå
Advisor:
Kristina Artsberg
Key words:
earnings, forecasts, accuracy, analysts, IFRS
Purpose:
The purpose of this thesis is to examine the accuracy of earnings forecasts.
Methodology:
Qualitative & Quantitative study, Wilcoxon Sign Rank Test
Theoretical perspectives:
The theoretical perspective reflects previous researches that consider behavioral, information symmetry, psychological aspects and rational theories, examines the influence of accounting standards
Empirical foundation:
The study includes 6 interviews with analysts and statistical tests of earnings forecasts compared to actual earnings. The sample consists of 40 corporations from NASDAQ OMX Stockholm, Large - and Mid Cap markets. The study includes year 2000-2010.
Conclusions:
We were able to conclude that there were different factors, which contributed to accurate earnings forecasts. We can however not conclude that forecasts accuracy has improved post IFRS adoption hence our empirical and interview results. (Less)
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/3910774
- author
- Bertland, Gustaf LU and Skönnå, Jens LU
- supervisor
- organization
- alternative title
- - Are earnings forecasts more accurate in the post IFRS adoption period?
- course
- BUSN69 20131
- year
- 2013
- type
- H1 - Master's Degree (One Year)
- subject
- keywords
- accuracy, forecasts, earnings, IFRS, analysts
- language
- English
- id
- 3910774
- date added to LUP
- 2013-06-27 13:17:39
- date last changed
- 2013-06-27 13:17:39
@misc{3910774,
abstract = {{Title:
Earnings Forecast accuracy;
- Are earnings forecasts more accurate
in the post IFRS adoption period
Seminar date:
2013-05-30
Course:
BUSN69 Degree Project - Accounting and Auditing, 15 ECTS credits
Authors:
Gustaf Bertland and Jens Skönnå
Advisor:
Kristina Artsberg
Key words:
earnings, forecasts, accuracy, analysts, IFRS
Purpose:
The purpose of this thesis is to examine the accuracy of earnings forecasts.
Methodology:
Qualitative & Quantitative study, Wilcoxon Sign Rank Test
Theoretical perspectives:
The theoretical perspective reflects previous researches that consider behavioral, information symmetry, psychological aspects and rational theories, examines the influence of accounting standards
Empirical foundation:
The study includes 6 interviews with analysts and statistical tests of earnings forecasts compared to actual earnings. The sample consists of 40 corporations from NASDAQ OMX Stockholm, Large - and Mid Cap markets. The study includes year 2000-2010.
Conclusions:
We were able to conclude that there were different factors, which contributed to accurate earnings forecasts. We can however not conclude that forecasts accuracy has improved post IFRS adoption hence our empirical and interview results.}},
author = {{Bertland, Gustaf and Skönnå, Jens}},
language = {{eng}},
note = {{Student Paper}},
title = {{Earnings Forecast Accuracy}},
year = {{2013}},
}