- IFRS adoption and implementation in companies: utopia or reality?
- Archives of Economic History
- Volume | Issue number
- 21 | 1
- Pages (from-to)
- Document type
- Faculty of Economics and Business (FEB)
- Amsterdam Business School Research Institute (ABS-RI)
Purpose: The aim of this paper is to examine the impact the International Financial Reporting
Standards (IFRS) have on accounting quality in an attempt to investigate whether "Reporting under the
IFRS regime adds value to accounting information quality".
Design/methodology/approach: Our analysis is based on data obtained from the DJ Stoxx 600
index. We report here on observations within an indicative code law (France) and common law (UK)
national setting of 1,470 firm year observations from 2002 to 2007.
Findings: Our results suggest that an increase in accounting quality followed the introduction of
IFRS. However it is not undisputedly proved that IFRS actually produced this.
Research Limitations/implications: Further research needs to be conducted in order to determine
what type of data should be measured over longer periods and in larger samples of various industries.
If you believe that digital publication of certain material infringes any of your rights or (privacy) interests, please let the Library know, stating your reasons. In case of a legitimate complaint, the Library will make the material inaccessible and/or remove it from the website. Please Ask the Library, or send a letter to: Library of the University of Amsterdam, Secretariat, Singel 425, 1012 WP Amsterdam, The Netherlands. You will be contacted as soon as possible.