Assignment Sample on Accounting Policies of Companies Reporting
Introduction
According to the Abdullah, et al, (2020) IFRS (International Financial Reporting Standards) remains the effect of periods of following a generally putative usual of secretarial and monetary journalism values. This chase started posterior popular the 1970s then gradually increased drive ended the ages, particularly finished the previous period.
As per the Alqatan et al, (2021) Presently, here are extra than 113 nations authorizing before needful IFRS journalism, counting those of the UK Blending. A review showed popular in 2007 through the Intercontinental Alliance of Cost accountant. designates that the mainstream of secretarial bests about the biosphere decide on the position of a solitary usual of accountancy morals aimed at financial growth. Used for numerous businesses, particularly persons that consume international processes, obeying with International Financial Reporting Standards (IFRS) Are identical through additional assignment. Whether the business consumes previously started the acceptance procedure before remain invigorating themselves aimed at a main alteration, they must distinguish that IFRS, popular detail, remains non as frightening and intimidating by way of appear.
According the André, and Kalogirou, (2020) Through IFRS popular place, stockholders become better monetary then working slide so they container extra precisely comparation the healthiness and presentation of single business through the others, also, by way of a consequence, type healthier fact founded asset choices. If a commercial container carries a talented viewpoint, the pond of possible savers and financiers will enlarge. The ideas of UK GAAP and IFRS by way of they put on towards non-financial assets (designed for sample, record, property, plant, asset property, intangible asset, rented properties, also consequently on) specify approximately huge changed. The differences popular in what way the aptitude is established similarly consume much costs. Throughout the preceding dual centuries, the UK financial declaration scheme consumes transported around a example change by way of a portion of the growth of UK Regarding a exact lesson of organisation. As UK AS remain kindly joint through IFRS values, which remain worldwide recognise by way of being of the uppermost excellence. .
As per the Boolaky, et al , (2017) These UK IAS remain founded happening the impression that reasonable precises must be extra strong and regularly report the financial national and application of the material. We by the ICAI trust in as long as a relative clarification designed for resounding available UK IAS. The ICAI, a permissible form taxed through a substantial helping of standard-setting, consumes occupy manually a main part in allowing a robust, high-quality financial listing scheme. Popular this setting, the In. responsiveness share theatres a comparable part as additional sections of Indian IAS, such as gratitude, estimate, and show By way of an case, the UK IAS, in difference toward the Accounting Rules delivered through the MCA below the Administrations (Accounting Values) Instructions, 2006, requirements efficient disclosures popular instruction towards support the financial statement procedure popular the republic through cumulative the slide in financial revealing.
Differences between IFRS and GAAP.
THE worldwide economy, consequently the situation significant for commercial proprietors also bookkeeping specialists towards remain conscious of the changes among the dual main bookkeeping approaches used about the biosphere. International Financial Reportage Standards – by way of the designation suggests – remains a global average advanced by the Worldwide Office Values Board. U.K. Generally Accepted Accounting Principles (GAAP) remains individual used popular the United Kingdom. GAAP remains recognized through the Financial Accounting Standards Board .and the El Guindy,and Trabelsi (2020)
According to the Ghosh et al, (2020) GAAP. remains a compiling of bookkeeping morals that encloses the particulars of administrative substructure bookkeeping. The Monetary Bookkeeping Values Board usages a orderly variety of secretarial events and procedures. GAAP remains a representation in corporate accounting that uses financial statements to compute commercial properties, liabilities, impartiality, auctions, and expenses. Aimed at the control of the permit the clients, a statement of monetary rank, similarly recognized by method through Balance Sheet, account of income and damage aimed at a profound learning of income and price, a declaration of equity, then a declaration of currency movement are accumulated in agreement through IFRS. Monetary declarations consume been ready after the viewpoint of an separate, assuming that such journalism unit container remain towards are. IFRS Vs GAAP remains the maximum argumentative subject of reportage, finished the preceding labelled by method of a typically suitable financial coverage procedure then the last by way of a usual of financial accounting instructions. IFRS consumes increased a portion of grip in new years, besides concluded a one hundred republics about the biosphere consume presented the situation as their office normal. The two issue organisations remain continuously annoying towards become their subjects earlier composed.
According to the Zeghal, and Lahmar, (2018) The International Financial Reporting Standard, similarly recognized as IFRS, remains a gathering of essential standards values. Usually Decided Secretarial Values. proceeding the extra indicator, remains a group of instructions, agreements, and procedures that labels putative office practise. Here continues only a limited change amongst IFRS too GAAP, no one of which remain travelled in deepness popular this article
| GAAP | IFRS |
| As per the all-transactions important rules are implemented | It is based on patterns and the belief and overall views different likable |
| Comparatively rare substances, such by way of
alienated Uk below the net revenue portion of the revenue declaration, are instances. |
Unexpected objects remain typically castoff popular the pay declaration slightly than existence disconnected. |
| Current accountabilities (individuals with expenses unpaid inside 12 months) and noncurrent liabilities remain the two kinds of accountabilities. | The difference amongst current and Non-current responsibilities prepares non exist. |
| The price model remains rummage-sale to control the assessment of assets that may be. primary past worth of the properties least accrued reduction of properties worth. | Projected devaluation and liabilities on
justification of compensations remains factored interested popular the estimate of possessions liable arranged fair current marketplace value. |
| Individual the reasonable marketplace worth of these substances is recollected. | These remain appraised founded arranged their possible Financial influence popular the upcoming. |
| The assessment of properties cannot remain reversed as the marketing worth of properties is enlarged. | The assessment of properties resolve be overturned if the marketing value of assets remains enlarged. |
| The growing prices are exposed in the time.
expenditures, but not in the capitalization expenditures. |
A business development expenditures determination remains capitalised uncertainty such standards remain chanced, permitting productions towards release extra reduction
influence arranged fixed assets. |
| Obligations remain separated interested in impartial 2 units throughout the compiling of financial credentials that remain founded arranged GAAP bookkeeping morals: current and non- present obligations. contingent arranged the date selected for repaying the debts | In IFRS, here is not at all strong difference amongst accountabilities, consequently short-term then long-term accountabilities remain assorted. |
| Additional difference amongst IFRS and GAAP remains in what way they observe bookkeeping procedures, such by way of whether they remain founded on inflexible instructions or standards that variety aimed at approximately area for clarification. Once by means of GAAP, the office process is pre-programmed through actual careful orders and standards, leave-taking slight planetary for mistake. The doings remain
organised in such a method that corrupt components are circumvented through permitting eliminations in instruction towards maximise their returns. |
IFRS, proceeding the additional pointer, founds values that altogether businesses container survey and understand toward the top of their skill. Trades worth the liberty towards originate up through dissimilar clarifications of the similar condition. |
Statement of financial position and income statement
Balance sheet for two accounting periods:
| Particulars | 2012 | 2013 |
| Current assets
Stock Cash |
400 450 |
500 490 |
| Total current assets | 850 | 990 |
| Fixed assets
Land Building Plant Furniture |
300 500 400 300 |
300 470 470 340 |
| Total fixed assets
Total assets |
1500
2350 |
1580
2570 |
| Liabilities
Current liabilities Bills payable Creditors Tax payable |
250 150 150 |
275 200 200 |
| Total current liabilities
Debentures |
550
300 |
675
350 |
Income statement for two accounting period
| Income Statement for the year | 2015 | 2014 | ||
| Sales
(-) Cost of Goods Sold (COGS) Material Labor Overhead |
40000
3000 2000 5000 8000 |
80000
4000 6000 2000 7000 |
||
| Gross Margin | 22000 | 61000 | ||
| (-)
Operating Expenses Selling Expenses Administrative Expenses Depreciation |
4500 1800 1500 |
4800 |
7200 3700 4000 |
2000 |
| Operating Income | 17200 | 59000 | ||
| (+)
Other Income and Expenses Interest Revenues Interest Expense Extraordinary Items (-) Income Before Tax Income Tax |
2500 6500 3400 |
6500 4000 |
3700 2500 1500 |
6500 4000 |
| Net Income | 12000 | 28000 | ||
Presentation of Financial Statement as per IFRS.
International Financial Reporting Standards (IFRS) container remain mentioned by way of belief built values, clarifications, and the outline adopted through the IASB The numerous values that procedure an essential portion of IFRS remain recognized through the grownup term of Worldwide Bookkeeping Morals.
| Financial Heads | Detail of financial Account heads |
| Material | By way of each the flow of a monetary report agreement through IFRS, IAS 1
agrees the valued information gratified towards the undeveloped customers of monetary reports and delivers orders used for an organisation towards complement extra mark substances too type corporality decisions. |
| State of financial fact | Existing then non-current properties also liabilities essential remain secret, then
they cannot remain counterbalance without precisely stated. |
| Report of Profit and Loss | The income and expenditure assembly remain represented in part proceeding the report. Decrease and charge of income seem on income too loss accounts. Individual IFRS rule permits aimed at the performance of matters in further full incomes. |
| Account of Equity | The statement demonstrations gross complete profits used for a agreed period by
shiny alterations in impartiality. In agreement significances proceeding the request equity. |
| Inventories.
Quantity of Inventory |
By way of quantified by, this includes acquiring budgets, change prices (resources, labour, and expenses), and a little external conversation inconsistencies.
|
| Rate of Goods Sold | Popular the year, resonant quantity remains took as an expenditure. |
| Impairment | Popular the period anywhere the shortage occurs, Remaining Attainable Worth is
subtracted by method of a advantage. Standard discount is mentioned to by way of NRV. |
| Report of Cash
Flow IAS 7 |
Variations in money and money counterparts remain logged. |
| Cash also cash
equals |
Temporary money asset through a incomplete accidental of excellence alteration |
| Working, investment and
funding cash flows. |
Working processes remain the object. main revenue-generating actions. The straight or Indirect method is used towards reflect
working money flows. Fluctuations in the measure and construction of the object. fairness and adoptions by way of a consequence of these variations. |
| Resolution of
financing stabilities |
Used for the financial report of the business, the initial and final calculations in the report must remain submissive. |
| Bookkeeping Policies,
Deviations in Accounting Estimations and Mistakes IAS 8 |
The rules aimed at picking and informing office rules popular compliance finished the activities and disclosure of developments in
amount and alteration of mistakes remain reproduced in this operational average. Object’s necessity hunt interested in the supplies of the IFRS rules that contract through connected difficulties towards the Theoretical construction and recognise UK ritual when selecting bookkeeping rules. |
| Actions after the
Journalism Period IAS |
This arises by way of financial accounts are efficient aimed at actions that happened meanwhile the journalism dated finished and the particulars stated |
| Income Excises | Current then late income, late tax compulsions, and delayed tax assets are together topic of bookkeeping principles. |
| Assets, Plant
also Equipment |
Assets, Plant, then Equipment remains existence recognised aimed at the situation possible financial assistances. .as is appreciated by its equivalent marketplace value. Devaluation is waged in a organized manner through the benefit. period, through a conventional mark or a decreasing equilibrium procedure. |
| Borrowing Budgets | The acquisition or building budgets of the capable benefit are reproduced in the expenditure of the benefit, which needs a important passé of period in the direction of create for its strategic usage. |
| Financial
Tools |
Financial refuges are secret as legal responsibility before equity, with compensating possessions and liabilities Attention,
surpluses, profits and losses, by way of well as the expenditures of issue or reacquiring standard safeties, remain all registered as income or spending. |
| Combined
Financial Statements |
The Normal stipulates in what way to distinguish amongst important the
Holder. constitutional rights and caring the depositor attention popular the object. They remain the financial declarations used towards compute the parental and secondary worry assembly secretarial. |
| IFRS comes under IAS | It measures the accounting theory of the UK (GAAP) |
Presentation of Financial statement as per IAS
Balance Sheet
| Company Name
Balance Sheet March 2022 2015 2014 |
||
| Assets
Current assets: Cash Short-term Investment Accounts Receivable Inventories Supplies Prepaid Insurance |
500 600 700 1200 1400 1500 |
|
| Total Current Assets | 5300 | |
| Long-term Investments:
Investment in Stock Investment in real estate |
1500
1200 1300 |
|
| Property, Plant and Equipment:
Land Office Equipment Less: Accumulated depreciation Intangible Assets Patents |
300
1500 1200 1800 1800 3000 |
|
| Total Assets | 7200 | |
| Current Liabilities:
Notes Payable Accounts Payable Salaries Payable Unearned Revenue Interest Payable Total Current Liabilities |
500
300 800 500 1800 600 |
3600 |
| Long Term Liabilities:
Mortgage Notes Payable Total Long-term Liabilities |
1800 3600 |
|
| Total Liabilities | 7900 | |
| Stockholders’ equity
Common Stock Retained Earnings Total Stock Holders’ Equity |
1800 3600 |
12300 |
Impact of the first adaptation of IFRS
The technique for giving International Financial Reporting Values as the basis for making general resolve financial intelligences is deliberated in Taking of Global Financial Distribution Values.
A first period adoptive parent is an group that rights amenably and obviously that the situation all-purpose monetary declarations imitate with IFRSs for the primary period. IFRS 1.3
If a business prepared IFRS financial statements for interior organization use in the preceding year, but fixed not have such IFRS monetary statements exposed to stockholders or third gatherings such as clienteles or creditors, it may be measured a first-time adoptive parent El et.al, (2020). If a meeting of IFRS financial declarations is ended exposed to stockholders or third gatherings for some time in the preceding year, the business is still on IFRSs, then IFRS 1 does not smear.
However, an organization is not a first-time adoptive parent if the monetary declarations stated in the preceding year:
Contract with IFRSs, and if the inspector’s report comprised an obligation on IFRSs presentation.
Together previous GAAP and IFRSs are followed.
An activity that used IFRSs in a preceding distribution old-fashioned but did not consume an strong and definite statement of contract with IFRSs in its greatest new yearly financial books can opt to: smear the circumstances of IFRS 1 to whole reflective application (counting the numerous allowed exceptions), or with retrospection smear IFRSs in obedience with IAS 8 Secretarial Rules, Changes in Secretarial Approximations, and Errors, as if it had never stationary smearing IFRSs.
The (IFRS) are the future of global financial journalism and can be trained as helping of every secretarial and/or manufacturing sequence in the United States and about the world (Miah 2019) This circumstance exemplifies how a Balance Sheet is equipped using GAAP as the construction and then altered to IFRS for contrast drives. The IFRS values are travelled in this case education, as well as significant balance sheet counterparts and differences among GAAP then IFRS. We’ll screen up with additional case educations that distillate on rotating a GAAP-prepared Financial Explanation to an IFRS-prepared Cash Movement Declaration.
The tests and prospects of Ethiopian profitable banks accepting International Financial Reporting Values (IFRS) (Vaicekauskas 2020). This object used a varied research method to response to the study investigations and achieve the education’s goal. Data from meetings and paper appraisals were analysed using arithmetical figures, and data composed from the survey was understood qualitatively. The answers propose that IFRS acceptance in Ethiopian profitable banks would deliver a slew of important helps to a varied set of savers.
The exercise also exposed that, with the payment of the wealth marketplace, the additional five variable star, namely the essential to alter legal and leading supplies, the randomness of financial state and financial routine, the effort of procurement source papers and information, the need to inform current secretarial package, the bank’s physical group and data information, and the scarcity of accomplished and capable workers, all essential to be spoke. Finally, the report future that Administration structures amend the appropriate profitable code, tax announcement, and NBE instruction in meeting with good practical shapes.
Formation of solid expert forms and wealth marketplaces, distribution of suitable monetary and other capitals by top organization, application of IFRS in schools and schools, and possible adoptive parent should strategy fast for the essential source certification and annals, as well as the amount of developments obligatory to promotion current IT group to encounter IFRS supplies.
Performance requirements of IFRS
According to Sokolova et.al, (2020) Secretarial performs, as opposite to secretarial values, which are rule, are the strategies for following to such rubrics. Accounting performs may be used to unlawfully misrepresent salaries. The secretarial does used by a group will reveal whether organization is hopeful or practical in journalism salaries. Office rules may be supposed of as a usual of rules for how a commercial can run. The scheme is, though, very multipurpose, and a business’s organization team may choice various secretarial performs that are helpful to the business’s monetary declarations. Since secretarial rubrics can be compassionate at times, a business’s specific applies are dangerous.
Accounting actions which vary after one group to the next, but they are all custom-made to follow the similar International Secretarial Standard or additional standard figures, such as local rubrics or law making, that are pertinent to financial declarations. To do so, trades make their own rules and manuals to safeguard steadiness with procedures and to safeguard that their monetary reports obey with accounting values or state rules. Accounting events are set of values and morals that a company selects to follow when preparation and journalism its financial declarations. Accounting Rules Manual-A Instrument with Significant Fiscal Accounting rubrics are connected as they deliver a rule that all trades must follow to and have equal and consistent financial reporting over ages and in valuation to other trades. Accounting strategies are the basic morals and courses used to prepare fiscal statements that are assumed by a business’s executive group. Any accounting procedures, control schemes, and revelation performance does fall hooked on this group. Accounting rules vary from secretarial performs in that secretarial values are the secretarial rules, and secretarial policies are how a group follows those rubrics. Accounting rubrics are the procedures followed by a commercial when culinary monetary declarations.
Problems regarding adaptation of IFRS
Property, plant, and facilities (PPE) are physical properties that a company owns for its own use or to rent to others, and that it plans to use over time. Tumpach et.al, (2020) PPE may be built by the reporting agency or bought by third parties’ does not include biological properties, intangible assets, or investment property. Investments of subsidiaries, partners, and joint partnerships aren’t either. IFRS 6, Discovery for and Assessment of Mineral Resources, specifies the identification and calculation of exploration and evaluation properties. Mineral rights and properties used for research and assessment are expressly exempt from PPE. Extractive industry viable properties, on the other hand, are subject to the same acknowledgment and calculation laws as other PPE. If it is possible that probable financial gains related with the commodity will movement to the company and the expenditure of the article can be intended accurately, an article of PPE can be classified as an asset. When the costs and incentives of asset possession have been transferred to the entity, future economic gains will be realized. PPE is originally valued at its expense, or the just market price of the thought received. Both costs specifically related to bringing the asset into operating order should be capitalized, including shipping and construction costs, architectural fees, and import duties. Borrowing charges and specifically related overhead costs should be used where applicable. When it is probable that the possible financial gains associated with the article will donate to the company and the expense of the item can be intended precisely, IAS 16 capitalizes subsequent spending on an asset using the same parameters as the original spend. If a component of an object is substituted, the component it replaces is derecognized, whether or not it has been depreciated individually.
Conclusion
The case study aims to clarify the scope of IFRS for SEMs and how it impacts their activities in European countries. Aside from the differences and parallels between INDIAN GAAP and IFRS, this case study illustrates such therapies that are currently used in India and other European countries by markings. Few countries, including European ones, have a few situations where the same procedures as those in IFRS for SMEs are currently needed. This often represents the likelihood of benefit in the capital, as well as the consistency and quantity of financial data available to consumers, which aids in cost estimation. With the assistance of the modules, the analysis basically illustrates the differences between the INDIAN GAAP and the IFRS in a variety of different situations where certain optional procedures are taken into account. It has successfully recognized the limitations of IFRS as a result of the alternatives included in its rules and principles. It cannot be reversed until a new financial draught is written and published. Despite the fact that IFRS statements are more similar in nature and often incorporate vague terms and definitions, it has been possible to develop judgement processes for IFRS statements under review as well as framework compound bookkeeping ideals such as equal value approaches.
These decision-making processes can be used in a standard audit. Create software protocols that can be integrated into an ongoing audit. In comparison to a manual transition, this automatic solution cuts the cost of any transition and is essential for assisting a community of small and medium-sized firms with their transition. International Bookkeeping Standards are becoming increasingly important for SMEs, as is the essential for software-driven answers. Computer engineers who be situated usually experts in financial declarations would be talented to create application routines grounded on the concepts created as a result of the work. If an asset or liability object is not permitted by IFRS, the department should de-recognize it. The organization must adjust the effect of GAAP and IFRS in order to retain earnings. During the transition time, any artefacts created by the switch from GAAP to IFRS will become effective. Both reports must be reported in retained earnings, according to IFRS 1. The goal of IFRS 1 is to safeguard that journalism forms that use IFRS as their monetary reporting foundation file financial declarations that are: obtainable to clienteles and similar over all time aeras presented; and have a decent preliminary point for journalism below IFRS.
References
Alqatan, D., Albitar, K. and Huang, W., 2019. The role of board characteristics on the relationship between International Financial Reporting Standards (IFRS) adoption and earnings management: Evidence from China. Journal of Accounting and Taxation, 11(9), pp.145-154.
André, P. and Kalogirou, F., 2020, July. IFRS adoption by UK unlisted firms: subsidiary-versus group-level incentives. In Accounting Forum (Vol. 44, No. 3, pp. 215-237). Routledge.
André, P. and Kalogirou, F., 2020, July. IFRS adoption by UK unlisted firms: subsidiary-versus group-level incentives. In Accounting Forum (Vol. 44, No. 3, pp. 215-237). Routledge.
Assanti, E.E., 2020. First time adoption IFRS 9: analisi degli impatti sui bilanci bancari italiani.
Basu, D., 2021. Ownership Type, IFRS Adoption and Unconditional Conservatism. IFRS Adoption and Unconditional Conservatism (December 1, 2021).
Boolaky, P.K., Omoteso, K., Ibrahim, M.U. and Adelopo, I., 2018. The development of accounting practices and the adoption of IFRS in selected MENA countries. Journal of Accounting in Emerging Economies.
Cereola, S.J., Nichols, N.B. and Street, D.L., 2017. Geographic segment disclosures under IFRS 8: Changes in materiality and fineness by European, Australian and New Zealand blue chip companies. Research in Accounting Regulation, 29(2), pp.119-128.
Damak-Ayadi, S., Sassi, N. and Bahri, M., 2020. Cross-country determinants of IFRS for SMEs adoption. Journal of Financial Reporting and Accounting.
De Luca, F. and Prather-Kinsey, J., 2018. Legitimacy theory may explain the failure of global adoption of IFRS: the case of Europe and the US. Journal of Management and Governance, 22(3), pp.501-534.
Downes, J.F., Kang, T., Kim, S. and Lee, C., 2019. Does the mandatory adoption of IFRS improve the association between accruals and cash flows? Evidence from accounting estimates. Accounting Horizons, 33(1), pp.39-59.
El Guindy, M.N. and Trabelsi, N.S., 2020. IFRS adoption/reporting and auditor fees: the conditional effect of audit firm size and tenure. International Journal of Accounting & Information Management.
El-Helaly, M., Ntim, C.G. and Soliman, M., 2020. The Role of National Culture in International Financial Reporting Standards Adoption. Research in International Business and Finance, 54, p.101241.
Ghosh, P.K., Bairagi, R.K. and Mondal, A., 2020. Adoption of principle-based IFRS and intercompany comparability of operating performance. Asian Journal of Accounting Research.
Golubeva, O., 2020. Maximising international returns: Impact of IFRS on foreign direct investments. Journal of Contemporary Accounting & Economics, 16(2), p.100200.
Harakeh, M., Lee, E. and Walker, M., 2019. The differential impact of IFRS adoption on aspects of seasoned equity offerings in the UK and France. Accounting in Europe, 16(1), pp.106-138.
Hasan, M.T. and Rahman, A.A., 2020. The Role of Corporate Governance on the Relationship Between IFRS Adoption and Earnings Management: Evidence From Bangladesh. International Journal of Financial Research, 11(4).
Key, K.G. and Kim, J.Y., 2020. IFRS and accounting quality: Additional evidence from Korea. Journal of International Accounting, Auditing and Taxation, 39, p.100306.882.
Lee, C.W. and Hu, Y.T., 2021. The Impact of Corporate Governance Mechanisms on Compliance with IFRS and Financial Reporting Quality. Journal of Applied Finance and Banking, 11(3), pp.57-79.
Lopez, H., Jara, M. and Cabello, A., 2020. IFRS adoption and accounting conservatism in Latin America. Academia Revista Latinoamericana de Administracion.
Mahmood, S.M., Hussein, A.I. and Hussein, S.S., 2018. The impact of IFRS adoption on the relationship between corporate governance and agency costs. Opción, 34(86), pp.2279-2297.
Morais, A.I., Fialho, A. and Dionísio, A., 2018. Is the accounting quality after the mandatory adoption of IFRS a random walk? Evidence from Europe. Journal of Applied Accounting Research.
Nurunnabi, M., 2018. Perceived costs and benefits of IFRS adoption in Saudi Arabia: An exploratory study. Research in Accounting Regulation, 30(2), pp.166-175.
Nurunnabi, M., 2019. Brexit and the Trump Era: The future of IFRS. Business Horizons, 62(3), pp.319-326.
Nurunnabi, M., Jermakowicz, E.K. and Donker, H., 2020. Implementing IFRS in Saudi Arabia: evidence from publicly traded companies. International Journal of Accounting & Information Management.
Opare, S., Houqe, M.N. and van Zijl, T., 2020. IFRS adoption and seasoned equity offering underperformance. Pacific-Basin Finance Journal, 61, p.101289.
Peña, H.F.P. and Franco, J.B., 2017. Impact of IFRS on the quality of financial information in the United Kingdom and France: Evidence from a new perspective. Intangible Capital, 13(4), pp.850-878.
Sanjaya, M.D., THE ADOPTION OF IFRS AND ITS EFFECTS ON THE MAGNITUDE OF EARNINGS MANAGEMENT IN INDONESIA.
Song, X. and Trimble, M., 2020. The Historical and Current Status of Global IFRS Adoption: Obstacles and Opportunities for Researchers. The International Journal of Accounting, p.2250001.
Stoykova, A., 2021. Effect of the Application of IFRS 15: Evidence from Bulgaria. Икономически изследвания, (3), pp.174-188.
TA, T.T., PHAM, C.D., NGUYEN, A.H., DOAN, N.T., DINH, H.T., DO, G.H. and PHAM, T.H., 2021. Factors Affecting the Adoption of IFRS: The Case of Listed Companies on Ho Chi Minh Stock Exchange. The Journal of Asian Finance, Economics, and Business, 8(2), pp.873-
Zeghal, D. and Lahmar, Z., 2018. The effect of culture on accounting conservatism during adoption of IFRS in the EU. International
Know more about UniqueSubmission’s other writing services:
