Efectos de la reforma contable en los estados financieros consolidados de los grupos españoles que no aplican normativa NIIF al 1 de enero de 2008 y 2010

Zusammenfassung

This paper analyses the effect of changes in accounting policies and criteria on consolidated financial statements and management ratios, at 1 January 2008, among Spanish unlisted groups that did not apply the IFRS, following the revision of the new accounting rules. To do so, we analyzed the consolidated annual accounts of the 100 largest Spanish firms. The results obtained show there has been significant impact on majority of these variables analyzed. Besides, the size of these groups was not a differentiating factor in the results, however, their business sector yes it was, in particular, the real estate one. Therefore, the decision by Spanish legislators to allow groups that do not implement the IFRS not to present comparative information, option mostly applied, can be considered to have been harmful for its users. The same analysis has been repeated to analyze, at 1 January 2010, the effects of the introduction of new Standards for de Presentation of Consolidated Financial Statements obtaining no significant impacts on majority of the variables analyzed