IFRS Adoption Around the World: Has It Worked?
Article first published online: 20 AUG 2013
© 2013 Wiley Periodicals, Inc.
Journal of Corporate Accounting & Finance
Volume 24, Issue 6, pages 35–43, September/October 2013
How to Cite
Outa, E. R. (2013), IFRS Adoption Around the World: Has It Worked?. J. Corp. Acct. Fin., 24: 35–43. doi: 10.1002/jcaf.21889
- Issue published online: 20 AUG 2013
- Article first published online: 20 AUG 2013
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. © 2013 Wiley Periodicals, Inc.