The main objective of this paper is to investigate the quantitative impact of International Financial Reporting Standards (IFRS) on accounting components. IFRS 1 requires IFRS adopter firms to prepare comparative information under IFRS and under local GAAP, which is termed as IFRS-Local GAAP...

The main objective of International Financial Reporting Standards (IFRS) is to promote a single set of accounting standards which can be applied globally. IFRS 1 requires IFRS adopter firms' to prepare at least one year of comparative information under IFRS and under local GAAP, which is termed...

Purpose-This study investigates the association between IFRS effort due to higher levels of material adjustments and audit fees. In addition, this paper tests whether these associations differ between industry specialist auditors and non-specialist auditors. Design/Methodology/Approach- We...