for the effects of the adoption of International Financial Reporting Standards (IFRS) around the world at the time of …

combinations standards converge US GAAP and IFRS in all but the calculation of non-controlling interests. Although the accounting …

One objective of IFRS is to have comparable financial statements, including their presentations, between companies and … over time. However, IFRS do not prescribe a particular format for the presentation of the income statement. Some empirical … exist and since there are (cultural) differences in the application of IFRS, we can reasonably doubt the comparability of …

The adoption of international accounting standards, namely the IFRS, at the country level has sparked two contrasting …, but not mutually exclusive, viewpoints. One view is that IFRS engenders better reporting standards and uniform adoption … allows for greater comparability. The upshot is that IFRS adoption will improve a firm's information environment and hence …

Financial Reporting Standards (IFRS) from foreign-private issuers without reconciliation to U.S. GAAP (the SEC subsequently … the implementation of uniform standards and that compliance to IFRS or U.S. GAAP by foreign firms is a concern, foreign … may discourage U.S. investment in foreign firms, and that U.S. GAAP - IFRS harmonization might improve the functioning of …

use of international financial reporting standards (IFRS) by U.S. Companies. We comment on five key issues raised by the ….S. companies to choose use of U.S. GAAP or IFRS rather than mandating one global monopoly set of standards. Second, we agree that … principles based accounting standards such as IFRS are likely to be realized only if auditors are also principles based. Third …

statements prepared in accordance with international financial reporting standards (IFRS) without reconciliation to U.S. GAAP …. Accounting researchers have attempted to assess the quality of IFRS using different methods and criteria. While we are skeptical … of drawing direct conclusions about the SEC's proposal based on this research, there is adequate evidence that both IFRS …