Essays on the economic consequences of mandatory IFRS reporting around the world

  • Authors
  • Ulf Brüggemann

Table of contents

  1. Front Matter
    Pages I-XIII
  2. Ulf Brüggemann
    Pages 1-4
  3. Ulf Brüggemann
    Pages 133-134
  4. Back Matter
    Pages 135-151

About this book

Introduction

Many listed companies around the world are required to prepare their consolidated accounts according to International Financial Reporting Standards (IFRS) since fiscal year 2005. Ulf Brüggemann discusses and empirically investigates the economic consequences of this mandatory switch to IFRS. He provides evidence that cross-border investments by individual investors increased following the introduction of IFRS. However, he also finds that uneven implementation of IFRS and its impact on contractual outcomes whose features vary substantially across countries are likely to dampen the benefits of uniform accounting standards. Taken together, his analysis shows that mandatory IFRS reporting has the potential to produce both intended and unintended consequences.

Keywords

Fair value accounting IAS 39 Individual investors International Financial Reporting Standards International accounting

Bibliographic information

  • DOI https://doi.org/10.1007/978-3-8349-6952-1
  • Copyright Information Gabler Verlag | Springer Fachmedien Wiesbaden GmbH, Wiesbaden 2011
  • Publisher Name Gabler
  • eBook Packages Business and Economics
  • Print ISBN 978-3-8349-3169-6
  • Online ISBN 978-3-8349-6952-1
  • About this book