Abstract
Since the entry into force of IAS/IFRS in 2005, the issue of the impact of IAS/IFRS on economic and financial performance has been a complex debate in EU member countries. Indeed, several studies have been carried out in this context, such as Spain (Callao et al., 2007), France (Boukari & Richard, 2007), Canada (Blanchette et al., 2011) … With the exception of the research carried out by Ahsina et al. in 2014, the analysis of the impact of the adoption of IFRS on companies listed on the Casablanca stock exchange has so far remained non-existent in the case of Morocco. As a result, our article aims to study and analyse the impact of the first “IFRS 1” transition on the 16 listed groups on the Moroccan financial market. The results show that there is no significant difference between the financial statements prepared in accordance with Moroccan standards and those prepared in IFRS. The results of our research show that the transition from Moroccan accounting standards (CGNC) to international accounting standards (IAS/IFRS) does not have significant consequences during the first transition period.
Highlights
The results show that there is no significant difference between the financial statements prepared in accordance with Moroccan standards and those prepared in IFRS
Profitability the profitability ratio notably the indicator relating to net debt, we found that this ratio shows a result ranging from −0.3584 to 3.1878 in Moroccan standards compared to IFRS standards, which range from −0.357 to 36.835, with an average of 0.60 in CGNC compared to 2.88 in IFRS, which corresponds to a coefficient of variation of 0.66 in local standards and 0.32 in international accounting standards
After identifying a sample of 16 Moroccan companies, having adopted IAS/IFRS, we conducted a univariate analysis of the “accounting and financial indicators” variables during the first year of application of IAS/IFRS
Summary
Our work is part of a continuous program of research carried out in the field of accounting; its usefulness and specificity are characterized by the analysis of the effect of the first transition of IAS/IFRS on performance indicators. This kind of work will allow us to make a brief knowledge and analysis of the research carried out on IFRS standards in relation to the Moroccan context, from which the literature review will focus on two points: descriptive research and exploratory studies
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