search query: @indexterm balance sheets / total: 133
reference: 8 / 133
| Author: | Kahle, H. |
| Title: | Bilanzieller Glaubigerschutz und Internationale Rechnungslegungsstandards |
| Journal: | Zeitschrift für Betriebswirtschaft
2002 : JUL, VOL. 72:7, p. 695-712 |
| Index terms: | ACCOUNTING STANDARDS BALANCE SHEETS INTEREST RATES TRANSACTION COSTS DEBT FINANCING |
| Language: | ger |
| Abstract: | A balance-sheet protection of creditor's interest will lose its importance if IAS will be applied in individual financial statements. IAS and US-GAAP are not intended for the measuring of distributable profits. Restrictions on the distribution of profits may decrease borrowed capital's market value but under real conditions claimants will prefer an income determination lead by the accounting principle of prudence. Certain balance sheet items should be closed for distribution. Transaction costs of debt financing will increase. Protection of creditor's interest by information of financial statements will have only little importance (original in German). |
SCIMA