We examine the impact of IFRS adoption on enforcement costs for financial statement preparers. Regulators argue that the flexibility of IFRS makes proving accounting violations more difficult, while practitioners believe that more detailed GAAP standards provide a better safeguard against...

Purpose: This study aims to examine the relationship between the internal control manager attributes and the firms’ operational efficiency. The internal control manager designs and maintains the firms’ policies and procedures to certify the effectiveness of its internal control system....