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Purpose– The Effect of the mandatory IFRS adoption on Credit relevance of accounting information can be influenced by Tangibility of assets as a moderator Variable. This study aims to study and investigate The Effect of mandatory IFRS adoption on Credit Relevance of Accounting information, The study Also aims to study and investigate the moderating effect of Tangibility of assets on the relationship between the mandatory IFRS adoption and Credit Relevance of Accounting information. Design/methodology/approach– the research an empirical study was conducted on a sample of non-financial companies listed in the Egyptian stock exchange between 2012 and 2018. This study uses the multiple regression model in analyzing the data collected from secondary sources to determine the relationship between the underlying variables. Findings–The findings of this study are that based on an empirical study approach, there is non- significant difference in the credit Relevance of Accounting information After mandatory IFRS adoption period compared to pre-mandatory IFRS adoption period. The results also showed that the effect of tangibility of assets has led to a significant and negative effect on the relationship between mandatory IFRS adoption and credit relevance of accounting information in case an interactive variable of –Tangibility of assets with Interest coverage ratio and Corporate’s Size. And hasn’t a significant effect on this relationship in case an interactive variable of tangibility of assets with corporate’s leverage, corporate’s Return on Assets, corporate’s Capital intensity and the result of operational activities of a business. Research limitations / implications –To the best of this study’s review, there is inadequacy of literature within the credit relevance research in the Egyptian stock exchange. in the light of this, this study intends to narrow the gap. Practical implications– This study is specifically important to regulatory authorities, both primary and secondary regulators. Specifically, this study has implications in the regulatory roles of Central Bank of Egypt (CBE) and the Egypt's Accountability State Authority (ASA). However, the study recommends that regulatory authorities should encourage DMB to avail their financial reports annually to credit rating agencies (local and international) for proper evaluation for subsequent ratings. Originality/value–The peculiarities in this study, that is the utilization of the moderating effect design and the use of credit relevance Model, which is a statistical model that has been developed to measure the creditworthiness of companies using financial ratios as inputs. The study examines the impact of IFRS adoption on the predictive power of the Credit Model as the dependent variable, making this study important and novel to push the frontier of existing knowledge.
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