A major concern with the adoption of International Financial Reporting Standards (IFRS) is the accounting discretion … accounting discretion inherent in goodwill impairment decisions under the IFRS. More specifically, we investigate whether, in … allowed under the IFRS, and its potential opportunistic use by managers. We examine the role of corporate governance in the …

The adoption of the international financial reporting standard (IFRS) has become an important research topic and …'s one of the very few efforts to examine the relationship between IFRS adoption and real earnings management (REM) with the … periods as pre (2004-06) and post (2013/14-15/16) adoption of IFRS. The underpinning theory of the study is agency theory …

accounting. We argue that private information obtained through board representation enhances the monitoring and the influence of …

focus on two of accounting's key functions within organizations and markets, financial reporting and governance. In this … respect we find that accounting exhibited shortcomings in its structural foundation and in its application. Salient is its …. As such, accounting carried undesirable elements that interacted with other malicious market characteristics such as …

, particularly audit committee members, when their companies experience accounting restatements. Penalties from lawsuits and …

Recent accounting scandals are the product of multiple failings of auditing, accounting, corporate governance and of …