Harmonization of Accounting Practices Among IAS Firms Listed in the U.S. and Its Capital Market Implications
Description:
The focus of the study is on financial reporting for non-U.S. firms registered with the Securities Exchange Commission (SEC) but using International Accounting Standards (IAS). This study addresses two issues, (1) whether the comparability of financial reporting among firms using IAS in credit and equity financing jurisdictions increases over time and (2) the associated capital market implications. The motivation for the study is the SEC's ongoing assessment of IAS for possible use by non-U.S. …
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Date:
December 2003
Creator:
Paananen, Mari