BIP! Finder - Who Really Benefits from Mandatory Adoption of IFRS? A Closer Look at Preparers and Users of Financial Information

2017 • Who Really Benefits from Mandatory Adoption of IFRS? A Closer Look at Preparers and Users of Financial Information

Authors: Michel Sayumwe, Claude Francoeur

Venue: Research in Applied Economics

Type: Publication

Abstract: Since 1 January 2005, the European Union (EU) has mandated implementation of International Financial Reporting Standards (IFRS) for preparation of consolidated financial statements for EU-listed firms. This paper analyzes the economic impact of mandatory adoption of IFRS on firms, investors, and creditors. Relying on the positive accounting theory, we study the economic impact of the new conceptual framework of financial information from IASB (2010), especially in paragraph OB2, where investors and creditors are designated as the main users of ... (read more)

Topics: Accounting Finance

DOI: 10.5296/rae.v9i1.10900

BIP! social metrics: 0 3
External links: Crossref OpenAIRE

BibTex PDF

Topic-specific impact indicators

Popularity: This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
Influence: This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
Citation Count: This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
Impulse: This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.