THE FINANCIAL CONSEQUENCES OF ADOPTING IFRS (EVIDENCE FROM DEVELOPED AND EMERGING COUNTRIES): A REVIEW

Abstract

Previous literature on reliance on IFRS has been accompanied by its gradual spread and impact on various accounting dimensions, starting with developed countries such as Western European countries and Australia and later reaching emerging countries. Therefore, using the inductive approach, our research aims to present the most important previous research that dealt with two financial periods, including a period before and after adopting the (IFRS), to demonstrate its negative and positive impact in various parts of the world.