Abstract
This article takes a close look at the adoption and implementation of International Financial Reporting Standards (IFRS) across the globe. Have they worked properly? And are they really necessary? Those kinds of questions are increasingly asked in the wake of various recent financial scandals and crises. In spite of major efforts by standard setting bodies to develop and promote quality standards, many challenges remain. And the adoption of IFRS around the world has produced mixed results.
Original language | English |
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Pages (from-to) | 35-43 |
Number of pages | 10 |
Journal | The Journal of Corporate Accounting & Finance |
Volume | 24 |
Issue number | 6 |
DOIs | |
Publication status | Published - Oct 2013 |
Externally published | Yes |