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dc.contributor.authorRainsbury, Liz
dc.contributor.authorHart, Carol
dc.contributor.authorMalthus, Sue
dc.description.abstractThis study examines the motivation for the increased reporting of non-GAAP earnings (NGE) by New Zealand companies following the adoption of International Financial Reporting Standards (IFRS). The study contributes to the literature on the impacts of IFRS adoption at national levels and the relationship between statutory earnings and NGE information disclosed by listed companies. The annual reports of fifty-eight listed companies are examined for the period from 2004 to 2012. The number of companies reporting NGE figures has increased substantially over this period of time with NGE figures higher and significantly different to the audited net profit after tax (NPAT) figures in the post-IFRS period. There appears to be some merit in reporting NGE figures as they are better predictors of future earnings and contribute value to analysts’ forecasts. NGE earnings are sometimes higher than NPAT earnings which could suggest that earnings are being used to create a more favourable impression of performance. However, results indicate that NGE compared to NPAT appear to have a higher quality of earnings, conveying additional information to the market.en_NZ
dc.publisherAccounting and Finance Association of Australia and New Zealand (AFAANZ)en_NZ
dc.subjectnon-GAAP earningsen_NZ
dc.subjectsignalling and manipulation hypothesisen_NZ
dc.titleNon-GAAP Earnings Disclosures by New Zealand Companiesen_NZ
dc.typeConference Contribution - Oral Presentationen_NZ
dc.rights.holderThe Authorsen_NZ
dc.subject.marsden150101 Accounting Theory and Standardsen_NZ
dc.identifier.bibliographicCitationRainsbury, E., Hart, C., and Malthus, S. (2013). Non-GAAP Earnings Disclosures by New Zealand Companies. Paper presented at Accounting and Finance Conference, Queenstown, New Zealanden_NZ
unitec.institutionUnitec Institute of Technologyen_NZ
unitec.institutionNelson Marlborough Institute of Technologyen_NZ
unitec.conference.titleAccounting and Finance Conference,en_NZ
unitec.conference.orgAccounting and Finance Association of Australia and New Zealand (AFAANZ)en_NZ
unitec.conference.locationQueenstown, New Zealand.en_NZ
dc.contributor.affiliationUnitec Institute of Technologyen_NZ
dc.contributor.affiliationNelson Marlborough Institute of Technologyen_NZ
unitec.institution.studyareaAccounting and Finance

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