Measuring indicators of financial and operational performance evaluation in light of the application of international financial reporting standards: Evidence from the Saudi business environment

Maawad, ِAhmed Hisham; Abou Zied, Eid Mahmoud

doi:10.21608/aljalexu.2020.123644

Measuring indicators of financial and operational performance evaluation in light of the application of international financial reporting standards: Evidence from the Saudi business environment

Document Type : Original Article

Authors

¹ Accounting department College of Business - Al-Jouf University - Kingdom of Saudi Arabia Accounting Department, Faculty of Technology and Development, Zagazig University Egypt

² Accounting department College of Business - Al-Jouf University - Kingdom of Saudi Arabia Department of Accounting Faculty of Commerce - Beni Suef University - Egypt

10.21608/aljalexu.2020.123644

Abstract

The aim of this research is to measure the indicators of evaluation of financial and operational performance before and after the application of the International Financial Reporting Standards (IFRS) through an applied study on (120) non-financial companies listed on the Saudi capital market during the period (2015-2018) with a total number of observation 480 (company / year). The results found that there is a negative impact of the application of IFRS on both financial performance, represented in return on assets & return on equity, and operational performance in the form of operating cash flows & turnover of assets.

Keywords