한국채택국제회계기준에 의한 재무제표별 도산예측력 비교

In this study, I compared consolidated financial statements that became the main shares since the introduction of IFRS with individual financial statements using an entity's bankruptcy forecast model. Such research is considered an opportunity to verify the usefulness of consolidated financial statements required by International Accounting Standards. The bankruptcy prediction model was derived using logit analysis method after extracting variables using existing research. The study found that in consolidated financial statements, sales net profit and sales growth were useful variables for forecasting bankruptcy, and the model's forecast accuracy was 91.8%. In the case of individual financial statements, the debt-to-equity ratio and the size of the entity showed a significant value, and the model had an estimated accuracy of 85.7%. Significant variables between the two models were shown to be different, but the predictive power showed that consolidated financial statements were high. In this respect, it is possible to determine that the consolidated financial statements required by the International Financial Reporting Standards are useful. However, in this study, the models derived from the logit analysis model lack statistical differences and do not use verification samples in the comparison of the predictive power of bankruptcy.