Measuring the effects of IFRS adoption on accounting quality: a review

摘要

The wide application of IFRS around the word, boosted in the context of the IAS Regulation in 2002, opened the field for many empirical studies that analyzed different perspectives on the voluntary or mandatory IFRS adoption. In order to achieve the intended benefits of IFRS adoption, related to increased comparability and transparency of financial reporting, IFRS application should result in improved quality of accounting information. The main objective of pur paper is to analyze the effect of the transition from the national accounting standards to IFRS on accounting quality in Europe, based on the research literature. Our study presents the metrics used by researchers in order to measure accounting quality and summarizes the determinants of accounting quality.