IFRS 3 Changes Lead to Global Accounting Comparability but Increase Compliance Costs
The article looks at how changes in accounting rules for business combinations have affected companies. They found that most users think the new rules have made it easier to compare financial information internationally. However, some users feel that following the new rules is expensive, especially for companies in developing countries. The researchers suggest that global accounting standards organizations should find ways to help developing countries and companies follow the rules without spending too much money.