This study examines the determinants of financial firms' lobbying behaviour in the replacement process of IFRS 4 Insurance Contracts. Based on comment letters to International Accounting Standards Board's (IASB) Exposure Draft 2010/8 we investigate firms' lobbying decisions and their long-term...

We examine whether the credit relevance of financial statements, defined as the ability of accounting numbers to explain credit ratings, is higher after firms are required to report under International Financial Reporting Standards (IFRS). We find an improvement in credit relevance for firms in...

We provide an overview of the role and current status of IFRS in the development of national accounting rules in Slovenia. The basic requirements of the financial reporting in Slovenia are set in the Companies Act, while the Slovenian accounting standards (SAS) provide a detailed authoritative...