The effect of the adoption of International Financial Reporting Standards on foreign portfolio investment in Africa

Regulatory Environment ◽

Portfolio Investment ◽

Reporting Standards ◽

Foreign Portfolio Investment ◽

Financial Reporting Standards ◽

Ifrs Adoption

This paper aims to analyze the impacts of International Financial Reporting Standards (IFRS) adoption on foreign portfolio investment (FPI) in relation to investor protection based on existing empirical literature. This study uses a historical approach and focuses on thirty-six relevant articles published in accounting and finance journals. The author provides a theoretical groundwork of the association between IFRS adoption and FPI and summarizes the results. The findings are critically analyzed by employing developed vs. developing country lens. The review study reveals that the effects of IFRS adoption on FPI significantly differ between developed and developing countries. Although the positive impact of IFRS adoption on FPI is documented in existing literature, not all countries (particularly developing countries), firms, and users have benefited or equally benefited from IFRS adoption regarding FPI. In addition, the positive impacts of IFRS adoption on FPI are associated with the country's regulatory environment, such as level of investor protection. The findings of the study suggest that developing countries should ensure a proper regulatory environment to reap the full benefits of IFRS adoption. This review contributes to the existing literature by providing a comparative analysis of IFRS adoption effect on FPI between developed and developing countries while also suggests future research avenues.

Pengaruh Konvergensi International Financial Reporting Standards (Ifrs) Terhadap Penghindaran Pajak(Tax Avoidance)

Kajian Bisnis STIE Widya Wiwaha ◽

10.32477/jkb.v26i2.276 ◽

2018 ◽

Vol 26 (2) ◽

pp. 158-169

Author(s):

Umi Wahidah ◽

Sri Ayem

Keyword(s):

Financial Reporting ◽

Tax Evasion ◽

Stock Exchange ◽

Control Variable ◽

Tax Avoidance ◽

Sampling Technique ◽

Reporting Standards ◽

Control Variables ◽

This research aimed to examine the effect of the convergence of International Financial Reporting Standards (IFRS) on tax avoidance on companies listed in Indonesia Stock Exchange. Tax avoidance that used in this research was Cash Efective Tax Rate (CETR). This research is also use the control variable to get other different influence that different such as CSR, size, and earning management (EM. This research used populations sector of transport service companies that listed in Indonesia Stock Exchange. The data of this research taken from secondary data that was from the Indonesia Stock Exchange in the form of Indonesian Capital Market Directory (ICMD) and the annual report of the company 2011-2015. The method of collecting sample was purposive sampling technique, the population that to be sampling in this research was populations that has the criteria of a particular sample. Companies that has the criteria of the research sample as many as 78 companies. The method of analysis used in this research is multiple regression analysis. Based on regression testing shows that the convergence of International Financial Reporting Standards (IFRS) has a positiveand significant impact on tax evasion. This shows that IFRS convergence actually improves tax evasion practices. The control variables of firm size and earnings management also significantly influence the application of IFRS in improving tax avoidance practices, while CSR control variables have no role in convergence IFRS in improving tax evasion practice.

Adaptation and Convergence of International Financial Reporting Standards

International Journal of Scientific Research ◽

10.15373/22778179/aug2012/4 ◽

2012 ◽

Vol 1 (3) ◽

pp. 10-13

Author(s):

Dr.S.K.Khatik Dr.S.K.Khatik ◽

◽

Binoy Arickal

Keyword(s):

Financial Reporting ◽

Reporting Standards ◽

International Financial Reporting Standards (Fifth Edition)

10.1596/978-0-8213-7727-7 ◽

2009 ◽

Cited By ~ 2

Author(s):

Hennie van Greuning

Keyword(s):

Financial Reporting ◽

Reporting Standards ◽

International Financial Reporting Standards

10.1596/978-0-8213-5910-5 ◽

2004 ◽

Cited By ~ 3

Author(s):

Hennie van Greuning

Keyword(s):

Financial Reporting ◽

Reporting Standards ◽

International Financial Reporting Standards: To Be or Not to Be?

CFA Magazine ◽

10.2469/cfm.v22.n5.13 ◽

2011 ◽

Vol 22 (5) ◽

pp. 13-14

Author(s):

Sandra J. Peters

Keyword(s):

Financial Reporting ◽

Reporting Standards ◽

Recognition Of Revenue In Mobile Phone Companies Under IFRS 15

Restaurant Business ◽

10.26643/rb.v118i10.9316 ◽

2019 ◽

Vol 118 (10) ◽

pp. 181-196

Author(s):

Layth Ali Hammadi Al-Tamimi ◽

Abbas Alwan Sharif ◽

Murtadha Mohammed Shani

Keyword(s):

Mobile Phone ◽

Financial Reporting ◽

Administrative Staff ◽

Reporting Standards ◽

Revenue Recognition ◽

Important Conclusion ◽

Know How ◽

The aim of this research is to find out the adequacy and appropriateness of revenue recognition procedures in mobile phone companies and to know how well they comply with international financial reporting standards. The most important conclusion reached by the researcher is the lack of experience and know-how in the accounting and administrative staff working in most mobile phone companies. The most important recommendations of the research are the need to provide an efficient accounting and administrative staff with sufficient experience and know-how in the methods of recognizing revenues generated by mobile phone companies.

Composition and characteristics of the financial statements elements in accordance with IFRS

Buhuchet v zdravoohranenii (Accounting in Healthcare) ◽

10.33920/med-17-2005-04 ◽

2020 ◽

pp. 36-42

Author(s):

Mohammad Tariq Jassim

Keyword(s):

Financial Reporting ◽

Financial Statements ◽

International Accounting ◽

Reporting Standards ◽

Financial Reporting Standards ◽

Current Trends ◽

Similarities And Differences ◽

Qualitative Characteristics

In a market economy, the role of International Financial Reporting Standards is increasing. In order to understand their significance in modern conditions it seems necessary to consider the peculiarities of evolution of IFRS formation. The article reflects actual issues concerning the role and significance of International Accounting and Reporting Standards in modern conditions. The author has defined the necessity of applying International Accounting and Reporting Standards by Russian companies. The article highlights the main elements and users of financial statements prepared on the basis of IFRS, and analyzes the similarities and differences that exist in the formation of financial statements, based on the requirements of IFRS and RAS. The main qualitative characteristics of financial statements are considered in detail. Based on the results of the research, the author has identified current trends in the transition to international financial reporting standards.