Accounting Information Quality in Emerging Markets: Conservatism in Financial Reporting of Vietnamese Firms in the Context of International Economic Integration

Yıl 2016, Cilt: 6 Sayı: 6, 88 - 93, 01.08.2016

Le Tuan Bach Nguyen Thu Hang

Öz

We test conservatism in financial reporting of Vietnamese listed firms over the period of 2005 to 2014. We find that Vietnamese financial statements ensure conservatism’s specifications consisting of asymmetric gain and loss recognition timeliness and asymmetric persistence of earnings changes. We further find that the degree of conservatism has increased significantly over the post-crisis economic restructuring period. The findings provide empirical evidence to the improved quality of accounting information in Vietnam.

Anahtar Kelimeler

Accounting, Accounting Information, Financial Reporting