h1

%0 Thesis
%A Krüger, Kai
%T Eigenkapital und Gewinn nach deutschem HGB, IAS/IFRS und US-GAAP : eine empirische Untersuchung börsennotierter deutscher Unternehmen
%C Aachen
%I Publikationsserver der RWTH Aachen University
%M RWTH-CONV-122866
%P IX, 217 S. : graph. Darst.
%D 2006
%Z Aachen, Techn. Hochsch., Diss., 2006
%X The objective of the present dissertation as above submitted to obtain a doctor´s degree is to ascertain how and where Accounting according to the German Commerical Code (HGB) differs from the IAS/IFRS and US-GAAP standards and to assess the extent of such discrepancies. In short: The main concern is to respond to the question what differences there are and what impact they have.  Whereas literature deals with the the first part of the problem at full length, it gives only few information on the second issue. However, when analysing the differences existing among accounting systems, it is by no means sufficient to confine oneself to the differences prevailing in the various accounting requirements. To get an idea of the measure of the accounting dissimilarities in pratice, it is necessary to examine the companies´ accounting and reporting practices. Hence, the focus of the present dissertation is put on an empirical part. The theoretical part provides mainly the basis for hypothesising. A survey carried out on the measure of dissimilarities in the manner described has so far been hardly possible since the companies in a country basically apply and work according to the local accounting rules being in effect. These rules are subject to the cultural influences in that country. If accounting standards are to be compared, it therefore ssems reasonable to have a more global view and include other countries as well. This approach does often not only take into account specific accounting criteria, but also cultural circumstances that, having an unintentional effect on the accounting result, may result in a completely distorted picture.  A survey may avoid these disadvantages using the Comparability Index, which was introduced by GRAY in 1980. Since that time, this index has been adopted by a number of authors. It draws on data made available in that a company records two figures for equity capital and profit that have been determined according to different accounting standards. The effect of the discrepancies among accounting standards can be measured by relating these figures to each other, with the result accounting for the discrepancy in terms of a percentage debit difference. To ensure a meaningful use and processing of all data available, the index needs to be varied.The second chapter following the introduction centres on the comparison of the accounting standards according to the German Commerical Code (HGB) with the IAS/IFRS and US-GAAP standards. Afterwards, it describes and compares the accounting regulations in terms of particular items, establishing their repercussions on both equity capital and profit. The third chapter targets at fitting the research method into the scientific context. At the beginnig the forth chapter attends to the possible ways of implementing the IAS/IFRS and US-GAAP standards in German accountancy. The findings of the second chapter then serve as the basis for hypothesising. Futhermore the forth chapter comprises the empirical study of German listed companies with a double profit and equity capital record. The purpose is to make study segmentations, carrying out partial studies on "Non-HGB-standards", IAS/IFRS and US-GAAP standards. In a ßuperordinate" step, the entire financing period is taken into consideration. It then incorporates the study of indiviual financial years allowing to make statements on the developments recognized over a specific period of time. Another issue of the forth chapter is to compare "large" to ßmall" companies  as well as to have a look at particular different accounting cases. These segmentations are carried out separately for equity capital and profit. The fifthand final chapter of the present dissertation gives a summary of the most important findings and conclusions.
%F PUB:(DE-HGF)11
%9 Dissertation / PhD Thesis
%U https://publications.rwth-aachen.de/record/61186