Muhammad Shahin Miah

Doctor of Philosophy
Study Completed: 2017
Massey Business School


Thesis Title
Accounting Standards Complexity, Audit Fees and Financial Analyst Forecasts in Australia

Read article at Massey Research Online: MRO icon

Mr Miah investigated the impact of International Financial Reporting Standards (IFRS) complexity on two important groups of users of financial reports namely auditors and financial analysts. He found that IFRS is likely to require more of auditors in terms of time, effort, and professional expertise, thereby resulting in higher audit fees. Financial analysts are also similarly affected by the complexity of IFRS resulting in less accurate forecasts on key financial components. The most surprising finding is that certain standards rated as complex by auditors did not appear to be complex for financial analysts, in terms of their effect on analyst forecast properties. However, it was also evident that high quality audits can moderate the adverse impact of IFRS complexity on analyst forecast properties. Mr Miah's research has regulatory implications to the amendments of current International Accounting Standards (IAS) and informs standard-setters in countries considering adopting or converging with the IAS.

Dr Haiyan Jiang
Professor Asheq Rahman
Associate Professor Warwick Stent