Les incidences comptables du passage des groupes français cotés aux IFRS

This study distinguishes from previous research works on the area of IFRS First Time Adoption (FTA) impact by its completeness and its homogeneity. As regards completeness, it is based on observations stemming from an exhaustive data base of 483 not-financial listed groups, namely Banque de France database of consolidated financial statements. As regards homogeneity, it holds exclusively French groups subjected to the obligation of IFRS adoption and measures impacts for only the year of transition, the fiscal year 2004. These two properties conjugated to simplicity of the methodology allow obtaining a reliable appreciation of macroeconomic impacts of transition. The study also offers a sight of microeconomic behavior of groups and an analysis of normative causes which are at the origin of observed variations. In this article, we propose a reading of principal results in the light of debates to which change in financial reporting standards makes echoes.