UP TO 15 % DISCOUNT

Get Your Assignment Completed At Lower Prices

Plagiarism Free Solutions
100% Original Work
24*7 Online Assistance
Native PhD Experts
Hire a Writer Now
ACCT1080: Critical Accounting Perspectives Assignment, RMIT, Singapore We examine whether accounting quality improvements around voluntary International Financial Reporting Standards
Posted on: 19th Apr 2023

ACCT1080: Critical Accounting Perspectives Assignment, RMIT, Singapore We examine whether accounting quality improvements around voluntary International Financial Reporting Standards

We examine whether accounting quality improvements around voluntary International Financial Reporting Standards (IFRS) adoption can be attributed to the change in accounting standards per se. Following the mandatory adoption of IFRS in many regions of the world, much attention is being given to the association between accounting standards and accounting quality.

Some prior studies document accounting quality improvements or favorable economic consequences around voluntary IFRS adoption. Yet, the extent to which we could expect the same improvement for firms forced to adopt remains an open question. By examining this question, we provide evidence on whether accounting standard regulations improve information in capital markets.

Buy Custom Answer of This Assessment & Raise Your Grades

To isolate the effect of IFRS, we need a setting where we can identify managerial financial reporting incentives. Germany offers such a setting. Between 1998 and 2005, firms in Germany could choose to voluntarily adopt IFRS, and in 2005 compliance became mandatory. The German setting enables us to analyze firms that voluntarily adopted IFRS before 2005 and firms that were forced to comply as of 2005.

Examining the German firms that are forced to adopt IFRS against their will is different from estimating the consequences of mandatory adoption when the such group includes firms from countries not allowing voluntary adoption; mandatory IFRS adoption in countries without voluntary adoption does not distinguish between the underlying managerial financial reporting incentives. To highlight this important distinction in our German setting, we label firms that delayed the adoption of IFRS until 2005 as ‘resisters’ rather than mandatory adopters.

Hire a Professional Essay & Assignment Writer for completing your Academic Assessments

Are you looking for the best assignment help in Singapore? Look no further than Myassignmenthelp.sg. Our team of experienced writers provides best-in-class services and are ready to take your write my assignment request at affordable prices. Whether you need essay writing or dissertation help, our professionals provide the best quality on time every time. Hire us today and avail best discounts that make it even more cost-friendly!

Answer
No Need To Pay Extra
  • Turnitin Report

    $10.00
  • Proofreading and Editing

    $9.00
    Per Page
  • Consultation with Expert

    $35.00
    Per Hour
  • Live Session 1-on-1

    $40.00
    Per 30 min.
  • Quality Check

    $25.00
  • Total
    Free

New Special Offer

Get 30% Off

UP TO 15 % DISCOUNT

Get Your Assignment Completed At Lower Prices

Plagiarism Free Solutions
100% Original Work
24*7 Online Assistance
Native PhD Experts
Hire a Writer Now
My Assignment Help SG Services
My Assignment Help SG

Rated 4.9/5 Based on 22945 Singaporean Students