Universal Journal of Accounting and Finance Vol. 5(4), pp. 78 - 90
DOI: 10.13189/ujaf.2017.050402
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Effect of IFRS Adoption on Corporate Performance Measurement: Analysis of Japanese Manufacturing Companies


Yuta Hoshino 1,2,*
1 School of Modern Management, Sugiyama Jogakuen University, Japan
2 Graduate School of Economics, Nagoya City University, Japan

ABSTRACT

The International Financial Reporting Standards (IFRS) are becoming the leading principles and a special driver for the convergence of financial and management accounting in over 130 countries including the voluntary adoption. The purpose of this study is to examine the impact of the adoption of IFRS on management accounting. More specifically, this study investigates the differences in the importance of strategy goals, and financial and nonfinancial measures that have changed after its adoption. The results of a questionnaire survey conducted on Japanese manufacturing companies indicate that the effects of respondent firms provide with management accounting practices and techniques before and after the adoption of IFRS. My findings suggest that there seem to be considerable differences in the importance of strategy goals, and financial and nonfinancial measures before and after IFRS adoption.

KEYWORDS
IFRS, Management Accounting, Strategy Goals, Financial Measures, Nonfinancial Measures

Cite this paper
Yuta Hoshino (2017). Effect of IFRS Adoption on Corporate Performance Measurement: Analysis of Japanese Manufacturing Companies. Universal Journal of Accounting and Finance, 5 , 78 - 90. doi: 10.13189/ujaf.2017.050402.