비상장기업의 K－IFRS 자발적 도입이 회계 보수성에 미치는 영향

The purpose of this study was to investigate the effects of voluntary adoption of K－IFRS on conservatism, one of important accounting attributes from the perspective of creditors, among the unlisted companies that adopted K－IFRS voluntarily. The results of analysis are as follows：first, accounting conservatism made a significant decrease after the adoption of K－IFRS among the unlisted companies that adopted it voluntarily, which is in line with the findings of previous research that reported the weakening of accounting conservatism after the obligatory adoption of K－IFRS among the listed companies. Second, the unlisted companies that adopted K－IFRS voluntarily were compared and analyzed with the unlisted companies that did not adopt K－IFRS and the listed companies that adopted it out of obligation through matching samples. Finally, the study analyzed the unlisted companies that adopted K－IFRS voluntarily according to the debt ratio. It was found that the ones with a higher debt ratio showed greater accounting conservatism than the unlisted companies that did not adopt K－IFRS and the listed ones that adopted it out of obligation, which suggests that the creditors of unlisted companies with a high debt ratio demand that the companies should reinforce their conservatism to lower the risk of default and bankruptcy.