The latest result of the IASB's efforts to increase the comparability of accounting information seems to be the IFRS … implementation of IFRS for SMEs in Romania. We extensively review the relevant literature in order to discuss the problems with the … and textual analysis in order to identify potential distortions in the application of the IFRS for SMEs in Romania. The …

accounting somewhat differently, as companies have to apply IFRS (IAS 19) and pension funds are required to follow Dutch … annual report showed a large pension surplus. To avoid such inconsistencies in the future, we propose that IFRS adopts local …

Reporting Standards (IFRS). To the extent that accounting standards influence economic behavior, a sweeping change in accounting … influence the political system, then, is predicted to explain how quickly a country adopts IFRS; specifically, countries with … activity – as measured by the relation between legal political contributions and policy decisions – are expected to adopt IFRS …

earnings model for adopters and non-adopters. Interestingly, IFRS adopters are valued higher before the adoption, but not …

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 …

transitioning from local GAAP to IFRS, firms can make strategic balance sheet adjustments that in turn affect future reported … earnings. We predict that earnings quality after IFRS adoption depends on the measurement and recognition choices made at the … time of first-time IFRS adoption. When firms “clean up” the balance sheet by eliminating accumulated accruals bloat they …