Český finanční a účetní časopis 2014(4):94-105 | DOI: 10.18267/j.cfuc.426

Role of Financial Accounting Standardization in Initial Public Offerings

Monika Janičíková
Ing. Monika Janičíková - interní doktorand; Katedra financí a oceňování podniku, Fakulta financí a účetnictví, Vysoká škola ekonomická v Praze, nám. W. Churchilla 4, 130 67 Praha 3; <xjanm111@vse.cz>.

The main role of accounting standardization is to provide uniform view on financial position of reporting company. The uniform reporting contributes to trustworthy image and understanding from investors and regulatory authorities. This article deals with information obligatory rules in the course of IPO. We focus on exchanges because they are those that use IFRS and US GAAP concepts in listing rules. Different approaches of exchanges are compared in listing rules of the most important exchanges (NYSE, NASDAQ, LSE and HKSE).

Keywords: IFRS; US GAAP; Initial Public Offering.
JEL classification: G30

Published: December 1, 2014  Show citation

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Janičíková, M. (2014). Role of Financial Accounting Standardization in Initial Public Offerings. Czech Financial and Accounting Journal, 2014(4), 94-105. doi: 10.18267/j.cfuc.426
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