The Research on Convergence of Accounting Standards for Financial Reporting Quality

摘要

The main research question in this study is whether or not convergence of accounting standards improves financial reporting quality. This study focuses onwhether cross-country differences in accounting are reduced and, if so, how accounting convergence affects accounting quality. These questions are motivated by the assertion that comparable financial statements lead to the efficient allocation of resources. The primary purpose of this study is to empirically examine the functional relationship between convergence and financial reporting quality.