Badanie wpływu zastosowania MSR/MSSF na prezentację majątku i wyników polskich spółek giełdowych
The impact of IAS/IFRS adoption on the presentation of the financial position and performance of Polish listed companies

Summary/Abstract: Since 2505 the EU has obliged all member states to adopt the full set of IAS/IFRS for consolidated accounts of listed companies. IFRS have changed national systems of financial accounting towards more capital market oriented systems. In the face of the globalization process that we have been witnessing over recent years, the EU has decided that it is crucial to improve the competitiveness of Europe and to focus on the development of financial services and capital markets, including financial reporting and accounting. Poland, as a member of the EU, has incorporated IAS/IFRS in national accounting regulations. This paper addresses issues concerning the implementation IAS/IFRS and its impact on assets, equity and income. The research method used is an archival (database of the Polish stock exchange) and empirical survey. The survey has analyzed all consolidated financial statements of companies listed on the Warsaw Stock Exchange, which started to apply IAS/IFRS in 2005. The findings of the research as well as interpretations and conclusions are presented in this paper.

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