1Assistant Professor School of Business Studies, Sharda University, Noida, Uttar Pradesh
2Associate Professor, School of Business Studies, Sharda University, Noida, Uttar Pradesh
3Assistant Professor, School of Managemen, BBD University, Lucknow, Uttar Pradesh
4Assistant Professor, Department of commerce, IMRT college, Lucknow, Uttar Pradesh
Online Published on 19 October, 2022.
The study investigates the impact of IFRS on India's listed automobile companies with the assistance of discretionary accrual s and earnings smoothing.
The study uses data from 59 automobile companies listed in BSE and NSE spanning over ten years from 2010 to 2020, Pre andpost-IFRS impact has been analysed by applying a t-test. Correlation is used to check the association among variables. Further, panel regression is appliedto observe the combined impact of all the variables of the companies ‘understudy with E-views’ help.
The findings deduced from the empirical results that the applied analysis catalyses the reality of adopting IFRS in India as a decisive factor in improving the majority ofautomobile industries ‘financialstatements. The results further supported IFRS with a significant positive effect on most variables selected for comparison. Meanwhile, the research output of the study is helpful for the automobile companies’ managers, portfolio investors, and policymakers.
The study is among the earlier attempts to examine the association between IFRS on India's listed automobile companies with the assistance of discretionary accruals and earnings smoothing.
IFRS, Financial Markets, Accounts, Discretionary Accruals, Earning Smoothing
