This commentary reviews the status of the global use of International Financial Reporting Standards (IFRS), including … in the US, and offers thoughts on prospects for global financial reporting. Many countries require or permit the use of … IFRS, but the goal of truly global, high quality financial reporting has not yet been achieved. Variation in application …

unaudited companies. In this paper, we examine empirically the factors associated with the appointment of reporting accountants … accounts when they have been prepared by an external accountancy firm (i.e., a reporting accountant). Based on a cross … hypothesis’, larger companies that voluntarily disclose more financial information are more likely to appoint a reporting …