China should continue its IFRS-based domestic accounting standards or full convergence with the IFRS is more appropriate … model indicate that China's accounting reforms, including convergence with the IFRS, are significantly associated with the … the Chinese government) this study proposes that China should continue its IFRS-based domestic accounting standards and …

to be consistent with the architecture for IFRS Accounting Standards, emphasising the connections between sustainability …In 2023 the IFRS Foundation published its first two IFRS Sustainability Disclosure Standards. Those standards were …

accept U.S. Generally Accepted Accounting Principles (US GAAP) as reference. Today, great majority of the world takes IFRS as … accounting and auditing see significant advantages in the application of IFRS. Accountants and auditors think that in case IFRS …Nowadays, one of the final aims of the institutions working on transparency and standardization of financial statements …

This paper examines how the investor's belief about the project's ability of generating cash flow affects accounting … standard setting. It proves analytically that the accounting standard in the Stackelberg equilibrium of the static model … setters revise the accounting standard accordingly with a cost, this paper proves that with probability one, as time goes to …

This paper investigates the design of recognition thresholds in accounting standards. In statistics, a threshold classi ….es evidence to balance two types of recognition errors weighted by their respective costs to a decision maker. In accounting … approach to guide accounting standard setting …

Cross-border investment opportunities soared in the late 1980s and 1990s, resulting in a call to harmonize accounting … resources in support of achieving a high quality set of global accounting standards that could be used in cross …, 1996). The U.S. Congress also was interested and engaged in the international accounting standards debate. In 1996, the …

This paper outlines the arguments for a common set of accounting standards and the forces that have promoted adoption … of International Financial Reporting Standards (IFRS). Widespread use of IFRS since 2005 provides an opportunity for … empirical investigation of the benefits of IFRS. I summarise results of studies that are relevant for assessing the role of IFRS …

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 seventeen countries after mandatory IFRS reporting is introduced …

We examine how the adoption of International Accounting Standard No. 27 (hereafter, IAS 27) consolidation rules affects …