publication . Article . 2015

IFRS Adoption and Accounting Quality: A Review

Duarte, Ana; Saur- Amaral, Irina; Azevedo, Graça;
Open Access English
  • Published: 01 Jan 2015
  • Publisher: Center for Promoting Ideas, USA
Abstract
Literature on IFRS adoption by countries concerning high quality, understandable and applicable IFRS in order to be worldwide accepted has generated a pertinent discussion, since the results presented in the literature are not unanimous on the adoption of IFRS and accounting quality. Soderstrom and Sun (2007) analyzed a research published in leading accounting journals selected from 1990’s on the consequences of IFRS adoption and found that the determinants of accounting quality after the adoption of these standards are articulated in: quality of the standards; political and judicial system in the country; financial reporting incentives. Based on Soderstrom and ...
49 references, page 1 of 4

Ahmed, A. S., Neel, M., & Wang, D. (2013). Does Mandatory Adoption of IFRS Improve Accounting Quality? Preliminary Evidence. Contemporary Accounting Research, 30(No. 4), 1344-1372. doi: 10.1111/j.1911- 3846.2012.01193.x

Aljifri, K., & Khasharmeh, H. (2006). An investigation into the suitability of the international accounting standards to the United Arab Emirates environment. International Business Review, 15(5), 505-526. doi: 10.1016/j.ibusrev.2006.05.009

Armstrong, C. S., Barth, M. E., Jagolinzer, A. D., & Riedl, E. J. (2010). Market Reaction to the Adoption of IFRS in Europe. Accounting Review, 85(1), 31-61. doi: 10.2308/accr.2010.85.1.31

Aubert, F., & Grudnitski, G. (2011). The Impact and Importance of Mandatory Adoption of International Financial Reporting Standards in Europe. Journal of International Financial Management & Accounting, 22(1), 1-26. doi: 10.1111/j.1467-646X.2010.01043.x

Ball, R. (2006). International Financial Reporting Standards (IFRS): pros and cons for investors. Accounting and Business Research 5-27.

Barth, M. E., Landsman, W. R., Lang, M., & Williams, C. (2012). Are IFRS-based and US GAAP-based accounting amounts comparable? Journal of Accounting & Economics, 54(1), 68-93. doi: 10.1016/j.jacceco.2012.03.001

Beneish, M. D., & Yohn, T. L. (2008). Information friction and investor home bias: A perspective on the effect of global IFRS adoption on the extent of equity home bias. Journal of Accounting and Public Policy, 27(6), 433-443. doi: 10.1016/j.jaccpubpol.2008.09.001

Bhimani, A. (2008). The role of a crisis in reshaping the role of accounting. Journal of Accounting and Public Policy, 27(6), 444-454. doi: 10.1016/j.jaccpubpol.2008.09.002

Bissessur, S., & Hodgson, A. (2012). Stock market synchronicity - an alternative approach to assessing the information impact of Australian IFRS. Accounting and Finance, 52(1), 187-212. doi: 10.1111/j.1467- 629X.2010.00388.x [OpenAIRE]

Brown, P. (2011). International Financial Reporting Standards: what are the benefits? Accounting and Business Research, 41(3), 269-285. doi: 10.1080/00014788.2011.569054

Brown, P., & Tarca, A. (2007). Achieving high quality, comparable financial reporting: A review of independent enforcement bodies in Australia and the United Kingdom. Abacus-a Journal of Accounting Finance and Business Studies, 43(4), 438-473. doi: 10.1111/j.1467-6281.2007.00241.x

Chalmers, K., Clinch, G., & Godfrey, J. M. (2011). Changes in value relevance of accounting information upon IFRS adoption: Evidence from Australia. Australian Journal of Management, 36(2), 151-173. doi: 10.1177/0312896211404571

Chan, A. L. C., Hsu, A. W. H., & Lee, E. (2013). Does Mandatory IFRS Adoption Affect the Credit Ratings of Foreign Firms Cross-Listed in the US? Accounting Horizons, 27(3), 491-510. doi: 10.2308/acch-50483

Chand, P., & Patel, C. (2008). Convergence and harmonization of accounting standards in the South Pacific region. Advances in Accounting, 24(1), 83-92. doi: 10.1016/j.adiac.2008.05.002

Chen, Young, D., & Zhuang, Z. (2013). Externalities of Mandatory IFRS Adoption: Evidence from Cross-Border Spillover Effects of Financial Information on Investment Efficiency. The Accounting Review, 88(3), 881- 914. doi: 10.2308/accr-50384

49 references, page 1 of 4
Powered by OpenAIRE Open Research Graph
Any information missing or wrong?Report an Issue