Consequences of IFRS Adoption: A Myth or a Reality - Selected Cases of Adoption Effects

Erick Outa

doi:10.4018/978-1-4666-9876-5

Consequences of IFRS Adoption: A Myth or a Reality - Selected Cases of Adoption Effects

Erick Outa

Research output: Chapter in Book/Report/Conference proceeding › Chapter › peer-review

Abstract

The purpose of this chapter is to review the consequences of IFRS adoption by reviewing circumstances under which the benefits and costs accrue to firms, countries and the world. Notwithstanding all issues raised about the consequences, IFRS adoption has had positive consequences and no wonder nearly 120 countries around the world and significant markets have adopted it. The chapter contributes to our understanding of the importance of IFRS and its effects and it is important to regulators and parties involved with world economic stability.

Original language	English
Title of host publication	Economics and Political Implications of International Financial Reporting Standards
Editors	Efobi Uchenna, Matthias Nnadi, Sailesh Tanna, Francis Iyoha
Publisher	IGI Global
Chapter	3
Pages	47-65
Number of pages	19
ISBN (Electronic)	9781466698772
ISBN (Print)	9781466698765
DOIs	https://doi.org/10.4018/978-1-4666-9876-5
Publication status	Published - 2016
Externally published	Yes

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10.4018/978-1-4666-9876-5

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abstract = "The purpose of this chapter is to review the consequences of IFRS adoption by reviewing circumstances under which the benefits and costs accrue to firms, countries and the world. Notwithstanding all issues raised about the consequences, IFRS adoption has had positive consequences and no wonder nearly 120 countries around the world and significant markets have adopted it. The chapter contributes to our understanding of the importance of IFRS and its effects and it is important to regulators and parties involved with world economic stability.",

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Consequences of IFRS Adoption : A Myth or a Reality - Selected Cases of Adoption Effects. / Outa, Erick.

Economics and Political Implications of International Financial Reporting Standards. ed. / Efobi Uchenna; Matthias Nnadi; Sailesh Tanna; Francis Iyoha. IGI Global, 2016. p. 47-65.

Research output: Chapter in Book/Report/Conference proceeding › Chapter › peer-review

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Consequences of IFRS Adoption: A Myth or a Reality - Selected Cases of Adoption Effects

Abstract

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