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 …

peers' accounting performance around the mandatory adoption of International Financial Reporting Standards (IFRS). We find a …, consistent with greater financial reporting comparability associated with mandatory IFRS adoption. These findings cannot be … explained by changes in foreign ownership or changes in foreign operations around mandatory IFRS adoption. Furthermore, we find …

did several countries rapidly adopt IFRS in the 2003-2008 period? We test the hypothesis that perceived network benefits … from the extant worldwide adoption of IFRS can explain part of countries' shift away from local accounting standards. We … find that perceived network benefits increase the degree of IFRS harmonization among countries and that smaller countries …

.g., auditing technology, the rule of law, etc.), why did several countries rapidly, albeit in a staggered manner, adopt IFRS over … adoption of IFRS can explain part of countries' shift away from local accounting standards. That is, as more jurisdictions with … economic ties to a given country adopt IFRS, perceived benefits from lowering transactions costs to foreign financial …