| Summary: | 碩士 === 逢甲大學 === 會計學系 === 101 === Since 2005, THE EUROPEAN UNION listing companies mandatory adoption of International Financial Reporting Standards, International Accounting Standards has become a global trend, currently more than 120 countries around the world have adopted IFRSs, for increase the country&;#39;s competitiveness and reduce the earnings difference between the international and Taiwan. Taiwan since 2013, the adoption of IFRSs in the preparation of financial statements. International Accounting Standards focuses on measured at fair value in order to emphasize the characteristics of accounting information relevance by the rule-based into the principle-based , such a change will be more dependent on accounting auditing of professional judgment. IFRSs emphasis on fair value measurement and expression, which affect the financial assets and property plant and equipment, when changes in fair value must be re-evaluated and disclosed in the financial statements, if the company&;#39;s property plant and equipment revaluation upward, the reaction accounting information content is more valuable relevance? It is an important topic worth exploring.
Empirical results demonstrated that except Singapore, property plant and equipment showed a significant negative correlation with stock value after using revaluation model. China and Hong Kong showed a significant positive correlation after using revaluation model, except for China showed a positive correlation in changes of valuation amount, but still not reach to significant level, then the changes of valuation for Hong Kong and Singapore showed a positive correlation. It deciated that investors thought the information for changes of valuation could represent loyally current value, therefore that owned increased explanatory capability.
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