Effects of translation on probability judgments: Evidence from the IFRS in Taiwan
Document Type
Article
Publication Date
3-1-2019
Abstract
Following the trend toward a globalized accounting standard, many non-English-speaking countries have adopted the International Financial Reporting Standards (IFRS). Translation of the IFRS from English to other languages is inevitable thus, it is crucial to ensure that the original meanings of the standard requirements are not affected by translation. Using accounting students from a university in Taiwan as participants, we found that nearly half of probability expressions from the IFRS were differently interpreted before and after translation. And the effects of translation were moderated by the participants’ accounting knowledge and English proficiency. Our results show that improving participants’ accounting knowledge or English fluency would reduce variations in interpretations of probability expressions before and after the translation. Finally, we found that translation has more impact on participants’ interpretations of negative expressions than positive expressions.
DOI
10.2308/jiar-52289
Publication Title
Journal of International Accounting Research
Volume Number
18
Issue Number
1
First Page
127
Last Page
141
ISSN
15426297
Recommended Citation
Lin, Hsiao Lun; Yeh, Shu Ling; and Yen, Ai Ru, "Effects of translation on probability judgments: Evidence from the IFRS in Taiwan" (2019). Accounting, Business Law, and Finance Faculty Publications. 12.
https://neiudc.neiu.edu/abf-pub/12