Entscheidungsnützlichkeit energieerzeugungsspezifischer Bilanzierungssachverhalte nach IFRS (English shop)

Eine theoretische Analyse und Handlungsempfehlungen

Preview

Preface, PDF (54 KB)
Table of Contents, PDF (87 KB)
Extract, PDF (140 KB)
Extract, PDF (140 KB)

Institutional economics has long examined how the conflicts between owners and managers arising from unequally distributed information can be reduced. External financial reporting represents one instrument for resolving such conflicts, provided that it supplies owners with decision-useful information. It must be borne in mind, however, that financial statements are prepared by managers, which gives rise to the risk of a deliberate distortion of the presented view of the company’s assets, financial position and results of operations in the managers’ interests. Management’s scope for influencing external financial reporting arises from accounting policy measures which diminish the informational value of external financial reporting. Against this background, accounting issues specific to energy generation under IFRS are examined with respect to their accounting policy instruments in a theoretical, literature-based analysis as well as through an examination of accounting practice. The study concludes with recommendations for an alternative accounting treatment aimed at enhancing decision usefulness.