This study examines liquidity and cost of capital effects around voluntary and mandatory IAS/IFRS adoptions. In … considerable discretion in how they implement the new standards. Some firms may make very few changes and adopt IAS/IFRS more in … incentives, actual reporting behavior, and the external reporting environment around the switch to IAS/IFRS. We analyze whether …

This study examines liquidity and cost of capital effects around voluntary and mandatory IAS/IFRS adoptions. In … considerable discretion in how they implement the new standards. Some firms may make very few changes and adopt IAS/IFRS more in … incentives, actual reporting behavior, and the external reporting environment around the switch to IAS/IFRS. We analyze whether …

) to International Financial Reporting Standards (IFRS). 138 countries have, thus far, adopted IFRS as a singular … International Accounting Standard Board (IASB) have determined that IFRS should be adopted optionally in the United States by 2016 …. The book shows that IFRS should act as a singular accounting language, which will promote high transparency and a better …