| Summary: | 碩士 === 國立中正大學 === 會計與資訊科技研究所 === 100 === Since 2005, it has been mandatory for all companies publicly listed in the European Union to adopt International Financial Reporting Standards (IFRS). In an attempt to connect our capital market to the worldwide trend, the Financial Supervisory Commission, Executive Yuan, officially mandated that all TSE and GTSM listed companies must adopt IFRS by 2013. IFRS covers an immense scope of financial accounting practices, including how capital expenditures are treated, which may significantly impact a company's working capital. A shift from existing practices to International Accounting Standards No. 16 (IAS16 - Property, plant, and equipment) will undoubtedly affect enterprise resource planning (ERP) and require new changes and responses.
This study is structured based on Gowin's Vee, a scientific knowledge exploration framework as research strategy proposed by Gowin (1981). The theoretical part features a study of past literature. Apart from discussing the implications of the IFRS adoption plan and the likely challenges to companies, this study also outlines the differences between our existing regulations and IFRS, particularly with regards to IAS16, across seven major aspects and 12 categories. The practical part of this paper features a case study based on the theoretical framework and uses the four components of the diamond theory proposed by Leavitt (1965) to discuss how companies should respond to the change. Through a combination of theoretical and practical approaches, we have revised our study into seven major aspects, four categories, and 18. T differences he case study showed that there are two responses available to companies when adopting IFRS-IAS16 depending on the ERP system they use (SAP or Oracle).
The results of this study showed that both SAP and Oracle are capable of complying with IFRS-IAS16 requirements. Furthermore, the use of diamond theory more clearly reveals changes over the course of IFRS adoption in the four aspects of Agent, organization, technology, and tasks. Further analysis on the technology aspect reveals that SAP ERP and Oracle ERP have 6 points of impact in total. The interviews and empirical results of this study may serve as reference for how TSE and GTSM listed companies should respond to the upcoming changes and may provide a guideline to small and medium enterprises when they adopt IFRS-IAS16 in the future.
|
|---|
