IFRS의 도입이 재무제표에 미치는 영향 - IFRS 조기도입 기업을 대상으로 -

Abstract

This study has been researched on the effects of implementing FIRS on Companies’ Financial Statements. The assignment was done on the analyses of a group of chosen companies (14 Companies) where they were implemented with IFRS earlier than any other companies. Firstly it has analyzed the rates of assets, liabilities, capital and net profit when implementing IFRS. Then, it has compared and examined against the Korean, British and Australian Companies. The research has shown on these Companies that 65% of them have total assets increased and 21% shown decreased while 14% remained unchanged. As for the liabilities, 57% showed increased, 36% decreased with 7% remain unchanged. As for the capitalization part, 50% decreased, 43% increased while 7% of them remained unchanged. Finally, the net profit figures showed that 71% of them went up, 21% on the downside while 7% maintaining same position. In the cases of the British Companies, total assets have increased by 80% with liabilities increasing 71%. Capital figures increased 56% while net profit with almost similar increased on 57%. As for the Australian Companies, total assets increased 48% with liabilities also increasing at 46%. Total Capital was up 37% while net Profit showing a good 52% higher. From the results, it seems that Korean Companies have shown an increased in assets and liabilities but decreased on the capital. That means the Companies’ financial statements will be changed due to the implementation of IFRS. Therefore by implementing IFRS, Companies’ financial statements have been impacted drastically and therefore a good understanding of this application has now been achieved.