Level Of Familiarity Of Professor, Students, And Professional With The International Financial Reporting Standards In Puerto Rico, Grado De Familiaridad Que Tienen Los Profesores, Estudiantes Y Profesionales Con Relacion A La Posible Adopcion De Las Normas Internacionales De Informacion Financiera

This research examined the level of familiarity of professors, students, and professionals in the area of accounting from Puerto Rico. We focus specifically on agreements of convergence between Financial Accounting Standard Board and International Accounting Standard Board. We studied and evaluated the level of familiarity these groups have with the international financial reporting standards and possible adoption in the United States and therefore in Puerto Rico. We use a questionnaire to obtain the data of this study. We analyzed and interpreted the data using the Kruskal-Wallis test, Dunn test, and t-test. We statistically compare the statistical similarity between the three groups. The results highlighted that in terms of familiarity, the group of professors was most familiar with the convergence and International Financial Reporting Standard (IFRS). This group is between neutral and familiar with the agreements and IFRS convergence. The groups composed of students and professionals were not familiar with the agreement of convergence and IFRS.