Business, Management and Accounting
4 years ago

IFRS adoption boosts market performance of US companies, study finds.

1 view
Advances in Accounting
Measuring the impact of international reporting standards on market performance of publicly traded companies
Amanda M. Grossman, L. Murphy Smith, Wayne Tervo

Paper Summary

The study looked at how switching to International Financial Reporting Standards (IFRS) from US accounting standards affects publicly traded companies. They found that the differences in financial information between IFRS and US GAAP are not significant, supporting the idea that adopting IFRS in the US would be beneficial.

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