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IAS/IFRS and Financial Reporting Quality: Lessons from the European Experience

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    Abstract

    This paper discusses empirical research on the effects of the adoption of IAS/IFRS on the quality of financial reporting. In doing so, it focuses on the European Union. The adoption of IAS/IFRS in Europe is an example of accounting standardization among countries with different institutional frameworks and enforcement rules. This allows investigating whether, and to what extent, accounting regulation per se may affect the quality of financial reporting and lead to convergence in financial reporting. This is a key issue for standard setting purposes as IAS/IFRS have been adopted in very diverse countries all over the world and many others are likely to adopt them in the near future.

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    File URL: http://www.unito.it/unitoWAR/ShowBinary/FSRepo/D031/Allegati/WP2013Dip/WP_30_2013.pdf
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    Bibliographic Info

    Paper provided by University of Turin in its series Department of Economics and Statistics Cognetti de Martiis. Working Papers with number 201330.

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    Length: 28 pages
    Date of creation: May 2013
    Date of revision:
    Handle: RePEc:uto:dipeco:201330

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